Escalating Safety Concerns to Boost Popularity of Automotive Digital Services in Germany in Coming Years

The growing prevalence of road accidents in Germany is increasingly becoming a matter of grave concern for both the common people and the regulatory authorities of the country. As a result, the people in the country are rapidly gravitating toward vehicles equipped with advanced safety systems such as ADASs (advanced driver assistance systems). Moreover, the high incidence of automobile crashes is massively pushing up the sales of telematics-enabled trucks, which is, in turn, fueling the demand for automotive digital services in the country. 


Because of the increasing fatality rates of these road accidents, the European Commission is presently revising the safety requirements in automobiles. Many industry experts believe that the organization will soon make the installation of ADAS systems and other safety features mandatory in passenger cars. With the implementation of these strict safety regulations and the rising customer preference for vehicles equipped with safety systems, the requirement for automotive digital services will surge in Germany in the future years. 

Besides the common people and the government, the automobile manufacturers are also increasingly focusing on integrating advanced security devices and systems in their vehicles. The automakers are rapidly incorporating these features in their cars as the unique selling proposition (USP) of the vehicle, which, in turn, is boosting the sales of these automobiles throughout the country. Furthermore, the increasing popularity of in-vehicle connectivity features is also propelling the demand for automotive digital services, which is subsequently boosting the advancement of the German automotive digital services market

Hence, because of the aforementioned reasons, the German automotive digital services market will exhibit rapid expansion in the future, as per the forecast of the market research firm, P&S Intelligence. In-vehicle digital, logistic fleet management, mobility on demand are the most widely adopted types of automotive digital services. Amongst these, the integration of the in-vehicle digital services was recorded to be significantly high in the past, because of the high customer preference for vehicles equipped with ADASs. Moreover, the comparatively higher prices of these systems caused higher revenue generation from their sales in the years gone by. 

Therefore, with the increasing implementation of strict vehicular safety regulations and the growing customer requirement for automobiles equipped with advanced safety systems and features, on account of the rising incidence of road accidents, and the ballooning popularity of ride sharing and hailing services, the demand for automotive digital services will surge in Germany in the coming years. 
Share:

Europe MVNO Market To Generate $48,762.8 Million Revenue by 2030

A number of factors such as the increasing adoption of segment-targeted pricing and innovative distribution strategies, escalating need for triple-play services in developing countries, mounting demand for low-cost mobile services, rising penetration of mobile devices, and surging use of cloud-enabled solutions are expected to drive the European mobile virtual network operator (MVNO) market at a CAGR of 5.8% during 2020–2030.

The market was valued at $27,748.1 million in 2020, and it is projected to generate $48,762.8 million revenue by 2030. One of the primary growth drivers of the market is the surging focus of MVNOs on innovative distribution and segmented-targeted pricing strategies. As the success of MVNOs largely depends on unique brand positioning and value proposition, they are focusing on adopting unique strategies to attract target customers, such as tourists, ethnic groups, and migrant workers.



MVNOs cater to varied customer needs through the optimal use of the existing telecom infrastructure of mobile network operators (MNOs). In recent years, the increasing adoption of self-service portals has become a prominent trend in the European MVNO market, as they help improve productivity and enhance the profitability of market players and give customers more control and power over their mobile data.

An efficient self-service portal offers customers faster, convenient, and flexible services. Additionally, these portals also help MVNOs with reduced administrative burden, cost, and time. Simultaneously, consumers can monitor and stay abreast of their mobile usage. Therefore, the rising focus of MVNOs on segmented targeted-pricing strategies and the burgeoning demand for self-service portals will drive the demand for MVNOs in the European region.

This market research report provides a comprehensive overview of the market

  • The Future potential of the market through its forecast for the period 2020– 2030
  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
Share:

Rising Cases of Celiac Disease Encouraging Gluten-Free Product Consumption

Celiac disease or gluten sensitive enteropathy refers to an autoimmune ailment that affects genetically predisposed people, whose small intestine is damaged due to the ingestion of gluten. It is a hereditary disease and can develop at any age after individuals start consuming food items or medicines that contain gluten. According to the Celiac Disease Foundation, this disease affects 1 in 100 people worldwide. As per this foundation, the only treatment for this illness is lifelong adherence to a gluten-free diet. 

The increasing incidence of celiac disease will, therefore, help the gluten-free products market progress in the upcoming years. To cater to the needs of people living with gluten sensitive enteropathy, Alara Wholefoods, Glutamel, General Mills Inc., Domino's Pizza Inc., H.J. Heinz Company, and Kelloggs are offering gluten-free products globally. The labelling of these products varies from country to country. For example, in the U.K., food products containing less than 20 parts per million can be labelled as gluten-free; whereas, in Canada, products bereft of wheat, rye, triticale, kamut, oats, spelt, and barley are considered gluten-free. 


According to P&S Intelligence, North America and Europe will lead the gluten-free products market in the foreseeable future. This will be due to the surging prevalence of celiac disease and rising public awareness regarding healthy eating habits in these regions. For instance, the Canadian Digestive Health Foundation (CDHF) states that nearly 1.0% of the Canadian population is affected by celiac disease, even though 90% of the cases remain undiagnosed. Likewise, the National Health Service (NHS), England, estimates that at least 1 in every 100 people in the U.K. are affected by celiac disease. 

Therefore, the rising cases of celiac disease, improving lifestyle of people, and soaring public awareness regarding health and fitness will facilitate the consumption of gluten-free products in the upcoming years.  

Share:

Automotive Sector Using Composite Materials to Improve Fuel Efficiency of Vehicles

The International Organization of Motor Vehicle Manufacturers (OICA) states that a total of 77,621,582 vehicles were manufactured in 2020. As per the OICA, India, China, Japan, Thailand, Indonesia, and South Korea produced 3,394,446 units, 25,225,242 units, 8,067,557 units, 1,427,074 units, 691,286 units, and 3,506,774 units of vehicles, respectively, in 2020. The increasing automobile production, especially in the Asia-Pacific (APAC) region, on account of the mounting investments being made by automakers in APAC nations, will fuel the demand for automotive composite materials in the foreseeable future.

Additionally, the burgeoning demand for lightweight and fuel-efficient vehicles, owing to the surging concerns over rising air pollution levels and depleting fossil fuel reserves, is also expected to contribute to the progress of the automotive composite market in the upcoming years. According to the World Health Organization (WHO), nearly 99% of the people across the world breathe air that exceeds WHO guideline limits regarding pollutant level. Automobile manufacturers are using a combination of plastics, steel, magnesium, aluminum, and composites to reduce vehicle weight, which will, in turn, lead to lesser fuel consumption and carbon dioxide (CO2) emission. 


In contemporary times, automotive original equipment manufacturers (OEMs) are using ceramic matrix composite materials, metal matrix composite materials, and polymer matrix composite materials, such as carbon fiber reinforced polymers, glass fiber reinforced polymers, and natural fiber reinforced polymers, to reduce overall vehicle weight. These materials are manufactured by Toray Industries Inc., Scott Bader Company Ltd., Johns Manville, Koninklijke Ten Cate N.V., UFP Technologies Inc., Teijin Limited, SAERTEX GmbH & Co. KG, E.I. du Pont de Nemours and Company, Cytec Industries Inc., and Johnson Controls Inc.

Furthermore, the European region also consumed a considerable quantity of automotive composites in the recent past. The European automotive composite market was dominated by the U.K., Germany, Spain, Russia, and France. High volume consumption of these materials in such countries can be attributed to the rapid technological advancements and extensive focus of automakers on enhancing passenger comfort and manufacturing lightweight vehicles. Additionally, the presence of strict vehicular emission curtailment laws also facilitates the usage of composite materials in the automotive industry of Europe. 

Thus, the burgeoning automobile sales and production and rising demand for lightweight vehicles are expected to propel the usage of automotive composites in the forthcoming years.  

Share:

Why Are E-Commerce Firms in India Opting for Digital Freight Matching Services?

The e-commerce industry in India is witnessing substantial growth due to the rising internet penetration, the surging use of smartphones, laptops, and tablets, and the increasing number of online shopping platforms in the country. The rising popularity of online platforms is creating a notable requirement for logistics services, owing to which e-commerce companies in India are increasingly opting for digital freight matching services. Adoption of these services reduces operational costs of such companies and offers convenient delivery options.

Additionally, mounting investments being made in the development of improved logistics services will also contribute to the Indian digital freight matching market prosperity during 2020–2030. Nowadays, e-commerce giants, logistics firms, and venture capitalists are heavily investing in start-ups offering digital freight matching services to cater to the rising demand for advanced logistics solutions. For example, in December 2019, Walmart, an eminent e-commerce company, invested $60 million in Shadowfax, in its series D round of funding.


According to P&S Intelligence, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai will hold a significant position in the Indian digital freight matching market in the upcoming years, due to the presence of massive urban population and high disposable income of the people in these cities. As per the 2011 Census of India, the population of Greater Mumbai, Kolkata, Hyderabad, Delhi, Chennai, and Bangalore is 18.41 million, 14.11 million, 7.75 million, 16.31 million, 8.70 million, and 8.50 million, respectively. 

Thus, the expanding e-commerce sector and the increasing investments being made in logistics startups will accelerate the adoption rate of digital freight matching services in India

Share:

Diabetic Patients in India Extensively Using Neem Extracts

Neem extracts are being increasingly used in the production of bio-pesticides due to their ability to exhibit unparalleled insecticidal effects. As these extracts act as nonneurotoxic pest control agents, they are being preferred over chemical-based bio-herbicides, bio-fungicides, and bio-insecticides. Neem extracts have antifeedant and deterrent effects on many insects, especially the ones belonging to the polyphagous species. Thus, the surging public awareness about the harmful effects of fertilizers and pesticides and the increasing requirement for soil and water preservation, will create a huge demand for neem extracts in India in the foreseeable future.

Moreover, the rising shortage of animal feed, on account of the burgeoning demand for animal products, is creating a huge requirement for an alternative feed, such as neem extract-based feed. Neem extract is one of the most ideal plant-based feeds as it helps in facilitating the growth of animals. Additionally, the soaring number of pet animals will also boost the Indian neem extract market growth in the coming years. To meet the increasing need for animal feed, the country is witnessing the large-scale plantation of neem trees. 

India Neem Extract Market - P&S Intelligence 


According to P&S Intelligence, the Indian neem extract market is characterized by the presence of several small-sized companies such as P.J. Margo Pvt. Ltd., Bros India Group, Patanjali, Agro Extract Limited, The Indian Neem Tree Company, and Ozone Biotech Pvt. Ltd., which do not have a fixed channel for international sales. Even though these companies do not have a definite international sales channel, their products are being offered to overseas customers through e-commerce platforms.

Thus, the increasing demand for water and soil preservation, rising prevalence of diabetes, and soaring awareness about oral health will boost the adoption of neem extracts in India in the forthcoming years.  

Share:

Obese Population Consuming Dairy Alternatives To Improve Health

Dairy alternatives are derived from non-dairy resources, such as nuts, rice, wheat, oats, and barley. As these products are derived from nuts and cereals, they have numerous health benefits and are suitable for obese people and gastrointestinal (GI) patients. Moreover, dairy alternative such as soy milk provides protective health advantages due to the presence of phytoestrogen in it. Additionally, hemp milk is one of the best sources of Omega-3 fats and almond milk is a good source of calcium. 

Thus, the increasing prevalence of obesity and GI diseases will strengthen the dairy alternatives market in the forthcoming years. For instance, the World Health Organization (WHO) stated that, in 2020, 39 million children under the age of 5 years were overweight or obese. The organization also stated that nearly 4 million global deaths were caused due to obesity in 2017. Apart from obese people, dairy alternatives are also beneficial for people suffering from GI disorders such as irritable bowel syndrome (IBS), gas, constipation, bloating, and diarrhea. 


According to P&S Intelligence, North America and Europe are the major dairy alternatives market, due to the surging popularity of soy and almond milk and the soaring vegan population in these regions. Additionally, the increasing focus of regulatory bodies on reducing CO2 emissions from the animal agricultural sector also encourages the adoption of dairy alternatives in these regions. For instance, the 'Fit for 55' package by the European Union will help Europe mitigate CO2 emissions by 55% by 2030 and reach carbon neutrality by 2050, by promoting a plant-based diet.

Whereas, Asia-Pacific (APAC) is expected to consume dairy alternatives at the highest pace in the upcoming years, owing to the mounting population and accelerating urbanization rate in the region. According to the United Nations Population Fund (UNFPA), APAC is home to approximately 4.3 billion people, accounting for 60% of the global population. Furthermore, the World Bank stated that 861,289,360 people, 22,152,760, people, 115,494,820 people, 481,980,330 people in China, Australia, Japan, and India, respectively, resided in urban areas in 2020.

Thus, the surging prevalence of obesity, increasing shift toward veganism, and rising incidence of GI diseases are expected to propel the production of dairy alternatives across the world in the coming years.

Share:

Popular Posts

Blog Archive