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Green Automotive Mobility Market to Soar to $884.4 Billion by 2030, Driven by Environmental Concerns and Favorable Government Initiatives

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The global green automotive mobility market is poised for remarkable growth, with a projected increase from approximately $188.7 billion in 2022 to a staggering $884.4 billion by 2030, reflecting a stellar compound annual growth rate (CAGR) of 21.3% between 2023 and 2030.

Environmental Benefits of Green Mobility

A recent market analysis highlights the substantial environmental benefits associated with green automotive mobility. For instance, every mile driven by a conventional vehicle emits an average of one pound of CO2, while the adoption of public transport reduces CO2 emissions by 45%. This transition to greener modes of transportation is expected to reduce carbon dioxide emissions in the US by an estimated 37 million metric tonnes annually. Additionally, increased use of bicycles can save six to fourteen million tonnes of CO2.

Improved air quality resulting from reduced emissions is expected to lead to health benefits for local populations, including a decrease in cases of cancer and respiratory conditions such as asthma. The promotion of active transportation, such as bicycles, is likely to lead to more bike routes and eco-friendly lanes.

Key Market Segments

In 2022, the market for two- and three-wheeled vehicles dominated the green automotive mobility sector, driven by rising fuel costs. E-bikes and e-scooters have emerged as the preferred and safest options for many consumers.

The electric mobility market also claimed a significant share, driven by favorable government initiatives, technological advancements, a growing interest in performance-based adventure, and a preference for leisure activities.

The urban logistics category plays a vital role in reducing emissions through the use of cleaner fuels and optimization of logistics processes.

Regional Trends

The Asia-Pacific region is expected to account for the largest share of the global Green Automotive Mobility Market. India, in particular, is witnessing a surge in demand for e-scooters as shared mobility services and e-commerce companies adopt them for last-mile delivery.

In Europe, rising concerns about vehicle pollution and government policies aimed at decarbonizing transportation are expected to drive growth in the regional Green Automotive Mobility Market.

Key Growth Determinants

Several factors are driving the growth of the green automotive mobility market, including:

  1. Decreasing Prices of Li-ion Cells: Reduction in the cost of lithium-ion batteries, coupled with the discovery of Li-ion mines in India, is expected to lower the investment required to purchase electric vehicles.
  2. Ballooning EV Industry: The global electric vehicle market is experiencing rapid growth, with increasing sales volumes, driven by factors such as the success of Teslas Model 3.
  3. Favorable Government Initiatives: Governments worldwide are implementing regulations and incentives to promote electric mobility, such as Indias target of 30% vehicle electrification by 2030.

Major Growth Barriers

While the market is poised for growth, several challenges must be addressed:

  1. Prohibitive EV Costs: The high cost of electric vehicles and the required infrastructure remain significant barriers to adoption.
  2. Power Grid Limitations: Expanding the power grid to accommodate increased electricity demand from EVs is a challenge that needs swift solutions.

Key Trends and Opportunities

Promising trends and opportunities in the market include the use of alternative fuels, the growth of smart mobility solutions, and advancements in powertrain concepts to enhance electric vehicle efficiency.

Regulatory Impact

Government initiatives and regulations are playing a pivotal role in shaping the green automotive mobility industry, with India emerging as a leader in sustainable transportation through proactive measures and higher sales.

Leaders in the Industry

The global green automotive mobility market is led by key players such as BMW, BYD, Tesla, Daimler AG, Nissan, Engie, Ford Motors Company, Kia Motors Corp., General Motors, Volkswagen, Hyundai Motor Company, Maruti, TATA Motors Limited, Toyota, Volvo Car Corp.

Global Green Automotive Mobility Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 (By Type Coverage, By Vehicle Type Coverage, By Geographic Coverage and By Company) https://www.fairfieldmarketresearch.com/report/green-automotive-mobility-market

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Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

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Adriatic Metals discusses transition to mining operator of Rupice Mine at Vares project

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–News Direct–

Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) chief executive Paul Cronin tells Proactive's Stephen Gunnion the company has commenced the transition process to take over as the mining operator as it boosts productivity and sustainability at the Rupice Mine in Bosnia & and Herzegovina.

Following an Accelerated Development Action Plan (ADAP), Cronin said is taking operational control over the mine from Nova Mining and Construction, after acquiring equipment and inventory worth approximately $11 million. This strategic shift allows Adriatic Metals to directly manage and develop its local workforce and optimise cost by integrating local suppliers into its supply chain.

Additionally, the company has implemented new technologies and enhanced health and safety measures under the ADAP, aiming at reducing operational incidents and environmental impacts.

To support these changes, Adriatic Metals has secured a $25 million short-term loan facility from Orion Mining Fund for additional working capital. These steps are part of a broader effort to improve efficiency and position the mine as a catalyst for local economic development.

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Proactive UK Ltd

+44 20 7989 0813

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/adriatic-metals-discusses-transition-to-mining-operator-of-rupice-mine-at-vares-project-526465607

Adriatic Metals PLC

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Element Glass South East Queensland: Family-Run Gold Coast Glazier Company Prioritises Pool Safety Without Compromising on Style & Elegance

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Australia, 22nd Apr 2024, King NewsWireGold Coast based — Element Glass South East Queensland, a family-run glazier company, is making waves in the glazing industry by offering high-quality, stylish solutions with a strong focus on safety. Specialising in frameless shower screens, pool fencing, and balustrades, the company ensures homes and businesses receive the best in craftsmanship and customer service.

At Element Glass, safety is at the heart of their operations, especially when it comes to pool environments. Australian regulations require pools deeper than 30cm to be registered and fenced according to strict safety standards including pool fencing heights that meet safety regulations to prevent climbing or accidents. This is topped off by the use of functional gate latches, and self-closing gates with valid safety certificates.

Safety and elegance are our top priorities,” says CEO Vincent Gordon. “Our family-run business specialises in frameless shower screens, pool fencing, and balustrades. As parents ourselves, we understand the importance of keeping children safe around pools and are dedicated to providing solutions that offer peace of mind without compromising on style.

Frameless glass, particularly in pool fencing and shower screens, is a stylish and functional choice for homeowners seeking both safety and elegance,” adds Gordon. “At Element Glass SEQ, we offer an all-in-one solution, sourcing high-quality glass and providing expert installation, eliminating the need for multiple trades. Our service ensures your home is enhanced with a modern and sophisticated touch.

Founded by husband and wife duo Vincent and Elly, Element Glass SEQ is based in the Gold Coast and serves the South East Queensland region including Brisbane. The company is dedicated to providing quality, craftsmanship, and excellent customer service. With a focus on safety and style, the team plans to continue expanding its services to meet the evolving needs of its clients.

For more information on their services, please visit:

About Element Glass SEQ:

Element Glass SEQ is a family-run glazing company based in Gold Coast, servicing Southeast Queensland and Brisbane. Founded by husband and wife duo Vincent and Elly, the company specialises in frameless shower screens, pool fencing, and balustrades. Quality, safety and customer service are their biggest priorities as the team are committed to delivering top-notch glazing solutions for homes and businesses alike.

Media Contact

Organization: Element Glass SEQ

Contact Person: Vincent Gordon

Website: https://www.elementglassseq.com.au/

Email: Send Email

Contact Number: +61487257256

Country: Australia

Release Id: 22042411299

The post Element Glass South East Queensland: Family-Run Gold Coast Glazier Company Prioritises Pool Safety Without Compromising on Style & Elegance appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Amor Studio Salons Expands to Tysons, Virginia, Enhancing the Salon Industry across the DMV Area

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Nurturing Independent Stylists with State-of-the-Art Salon Spaces Amid an Upward Trend in Beauty Industry Employment

United States, 22nd Apr 2024, King NewsWireAmor Studio Salons, a stylist-centric salon space, is thrilled to announce the expansion of its unique offering to Tysons, Virginia. It has a location in Bethesda, Maryland at 4964 Fairmont Avenue. The new Amor Studio Salons will open doors in approximately Fall 2024 at 7197-B Westpark Dr., Tysons, VA. With this, it is also accepting dedicated tenants from the beauty industry, like hairstylists, nail technicians, medspas, and makeup artists. This strategic move accentuates the burgeoning growth observed in the salon industry, particularly within the prosperous realms of Washington DC, Maryland, and Northern Virginia (DMV), identified as the cradle of thriving beauty professionals in the U.S.

The narrative of Amor Studio Salons is intertwined with the aspirations and challenges of stylists. Kellye Amor, after dedicating over a decade to a conventional salon, envisioned a haven that pivots away from the conventional salon model that often nibbles away a significant chunk of stylists’ earnings. The journey towards this vision led Kellye and her husband, Dennis, through the labyrinth of high rental costs prevalent in the DMV area, finally steering them toward the groundbreaking resolution of owning a salon space. This decisive step, albeit a hefty upfront investment, unfolded a realm of reasonable rates coupled with a Class A salon locale, aligning with the essentials and ambitions of independent stylists.

The data from the U.S. Bureau of Labor Statistics augments the promising horizon, projecting an 8% employment growth in the barber, hair stylist, and cosmetologist sector from 2022 to 2032. Industry analyst, Tamara Jovanovic, further corroborates the upward trajectory, noting a 3.03% annual growth rate in the hair salon industry, contingent on innovative and personalized services.

Nestled in the heart of Bethesda, the existing Amor Studio Salons operates within a building that also cradles multi-million dollar condominiums, embodying an idyllic location to nurture existing client relationships and forge new ones. The forthcoming Tysons venue is sculpted on this successful blueprint, extending a serene, well-equipped, and financially empowering sanctuary to stylists.

“The journey towards owning our space was laden with challenges, yet it was a pivotal solution, carving out a path of financial independence and creative liberty for stylists. Our expansion to Tysons is a testament to our enduring commitment to nurturing the beauty professionals’ community,” reflects Kellye Amor, Co-founder of Amor Studio Salons.

Amor Studio Salons extends a warm invitation to all aspiring and seasoned stylists to partake in this exhilarating new chapter and explore the boundless opportunities nestled in the DMV area – a region synonymous with fostering talent and catapulting the salon industry into a realm of sustained growth and innovation.

About Amor Studio Salons:

Crafted by stylists for beauty industry professionals, Amor Studio Salons is a sanctuary engineered to fuel the creative and financial voyage of independent stylists. By owning the salon spaces, Amor Studio Salons has obliterated the high-rental barrier, presenting a modern, well-equipped haven where stylists are at the helm of their destiny, retaining the fruits of their labor. Situated in the heart of Bethesda, and expanding to Tysons, Virginia, Amor Studio Salons is not merely a salon space, but a crucible where beauty professionals transcend conventional boundaries, steering towards a horizon of growth, autonomy, and unbounded creativity in the thriving DMV salon industry landscape.

If you’re interested in leasing a salon space at the Bethesda and/or Tysons location, please see below for contact information. 

Media Contact

Organization: Amor Studio Salon

Contact Person: Dennis Amor

Website: http://www.amorstudiosalons.com/

Email: Send Email

Contact Number: +15717512083

Country: United States

Release Id: 22042411201

The post Amor Studio Salons Expands to Tysons, Virginia, Enhancing the Salon Industry across the DMV Area appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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