Market Procurement Intelligence Analysis Report

  Category Overview “Favorable government initiatives toward sustainable development and the rising demand for electric vehicles are aiding to the growth of EV charging connector market”   The rising demand for electric vehicles (CAGR ~20%) is driving the need for EV charging connectors (CAGR~19%). Moreover, the increasing efficiency of  electric vehicles  is expected to create a significant opportunity for market growth in near future.   EV charging connector suppliers are also positioning themselves for growth by collaborating with electric vehicle manufacturers. EV charging connector suppliers are also collaborating with regional players to benefit from their knowledge of the local market, and maintain high-profit margins, low overhead costs, and their overall competitiveness in the market. CHAdeMO, CCS, and AC Type 2 connectors are the most common and effective solutions in the current scenario with more than 80% market share.  However, DC fast charging connector segment has starte

EV Charging Connector Category Intelligence The global  electric vehicle charging connecter market   is expected to witness a boost as fuel prices are rising across the world. Electric vehicles have become the most obvious alternative for both consumer and automotive manufacturers. The global sales of electric vehicles in 2020 have crossed a 2 million mark despite the Covid-19 pandemic. Moreover, the sales are expected to increase by 20% to 30% in 2021. APAC and Europe are leading the market with 56% and 28% share respectively followed by North America (16%). This growth is majorly propelled by the favorable government policies in many countries. For instance, Chinese regulations enable the automakers in the country to meet their annual new vehicle efficiency standards by purchasing emissions credits that are generated by the sale of EVs, with the rate of credit higher for vehicles with advanced performance such as greater battery efficiency or range, but lower for plug-in hybrids.   A

  Category Overview “Favorable government initiatives toward sustainable development and the rising demand for electric vehicles are aiding to the growth of EV charging connector market”  The rising demand for electric vehicles (CAGR ~20%) is driving the need for EV charging connectors (CAGR~19%). Moreover, the increasing efficiency of  electric vehicles  is expected to create a significant opportunity for market growth in near future.   EV charging connector suppliers are also positioning themselves for growth by collaborating with electric vehicle manufacturers. EV charging connector suppliers are also collaborating with regional players to benefit from their knowledge of the local market, and maintain high-profit margins, low overhead costs, and their overall competitiveness in the market. CHAdeMO, CCS, and AC Type 2 connectors are the most common and effective solutions in the current scenario with more than 80% market share.     However, DC fast charging connector segment has star

  Procurement Outlook EPC is an abbreviation for engineering, procurement, and construction contracts. It is a form of building contract used for a large or complex project. Here, the builder has to deliver a completed project on a turnkey basis. Here, the time frame for completion and the budget are pre-decided no matter the uncertainties, unexpected bottlenecks, or natural and artificial disruptions. Projects can be from the private sector as well as the public sector. Demand Outlook North America is the largest regional EPC market globally and is valued at USD 2,027.3 billion in 2020. It is expected to grow at a modest CAGR of 1.8% from 2020 to 2025. One of the major reasons for this slow growth is the COVID pandemic. While over 50% of the EPC projects in North America have a contract duration of 5–10 year timeframe, the pandemic has made significant supply chain disruptions and monetary constraints. This will make it challenging for the EPC contractors to deliver the turnkey projec

  Procurement Outlook Web hosting services provide shared or dedicated hosting of one or more services for their customers. It is majorly used for hosting websites, company email, files, games, and other content.  Following are the most common types of web hosting services: Shared web hosting : In this system, several websites are kept on the same server. Reseller web hosting : This service package includes a shared hosting account with extra tools to resell hosting space. Cloud-based web hosting : It refers to a technology that lets many individual servers work together in one giant server. Virtual private server : This type of server share one physical server but act like multiple, separate servers. It is a link between shared hosting and getting an in-house dedicated machine. Dedicated web server : Dedicated server gives owners exclusive rental rights over a web server. Colocation web hosting : In this hosting, owners are responsible for their server software, data storage, backup p