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Israel Automotive Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
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Israel Automotive Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
Israel Automotive Industry Analysis Advance technology and rising trend of electric vehicles, autonomous cars and smart mobility are disrupting the global automotive industry. With the growing environmental concerns, automakers have increased their investment by 70% in lightweight material used for manufacturing in past few years. As per the US Energy Administration, reduction in vehicle weight by 10% is expected to reduce the consumption of fuel up to 8%. Many automotive startups from Israel are adopting innovative materials and technologies for automobiles which make vehicle energy efficient and give safe and comfortable driving experience. Moreover, Israeli automakers are focusing on enhancing the technologies and human interaction with vehicles. For instance, Israel based startup, Cortica, are using machine learning for their autonomous cars and holds maximum number of artificial intelligence patents as compared to other startups. Companies such as Cognata, Innoviz Technologies, Karamba Security and many more are enhancing their car's electronics and components with advance sensors for self-driving cars. Israel has technological potential for new business opportunities in the field of automotives. With the help of domestic and international investors, Israeli automakers are more focused to expand its own high-tech automotive industry. For instance, Jerusalem-based Israeli technology company Mobileye, partnered with Intel and BMW and are working together to develop a fully autonomous and self-driving cars which is projected to launched by 2021.
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Israel Automotive Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
Market Segmentation
Based on Types of Vehicles
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• Passenger Vehicles • Autonomous Cars • Utility and Light Commercial Vehicles • Medium and Heavy Commercial Vehicles Based on Fuel Type • Electric Vehicle • Hybrid Vehicle Request for Sample @ https://www.goldsteinresearch.com/request-sample/israel-automotive-market-trends-a nalysis-industry-forecast-2024 Published By: Goldstein Research
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Israel Automotive Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
Market Size and Forecast (2016-2024) Israel automotive market is anticipated to grow at a CAGR of 7.0% during the forecast period. In 2015, total 260,200 units of vehicles were sold in Israel and the total vehicle sales in Israel reached 292,700 units and increased by 11.1% in 2016 as compared to 2015. In 2015, Israel exported over USD 3.22 billion cars mainly in the USA, Europe and Asia-Pacific region. Israel is mainly known for its zinc and magnesium parts which are supplied to many countries. For instance, Ortal Diecasting Ltd. manufactures zinc and magnesium die-casting auto parts which are supplied to companies such as General Motors, Autoliv and other automotive manufacturers. Israel Automotive Market Size (USD Billion), 2016-2024
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Israel Automotive Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
Scope Background Market Synopsis
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Israel Automotive Market Segmentation is segmented as follows: •
By Vehicle Type (Market Size, Demand Analysis and Growth Analysis)
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By Fuel Type (Market Size, Demand Analysis and Growth Analysis)
By Geography • North America (US, Canada) {Market Share (%), Market Size (USD Billion)} • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)} • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)} • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)} • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)} • Rest of the World{Market Share (%), Market Size (USD Billion))}
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Israel Automotive Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
Market Dynamics: Growth Drivers, Restraints and Opportunities o Risk Factors o Regional Variations o Recent Trends and Developments
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Key Market Players o Synopsis o Business Strategy o Product Portfolio o SWOT Analysis Porter’s Five Force Model Market Landscape: Competition and Beyond Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem Expert Analysis Concluding Remarks Request for TOC @ https://www.goldsteinresearch.com/toc-request/israel-automotive-market-trends-analysis-industry-fo recast-2024 Published By: Goldstein Research
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Israel Automotive Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 About Goldstein Research Based in U.S., Goldstein Research is a young business consulting firm and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Published By: Goldstein Research
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Israel Automotive Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
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Israel Automotive Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
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