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According to Report and Data’s latest market analysis, the global North America Knuckleboom Loaders in Storm Disaster Mitigation market is expected to reach a market The market size for these loaders in 2022 was USD 51.7 million, and it is expected to grow at a compound annual growth rate (CAGR) of 4.6% during the forecast period. The increasing frequency and intensity of hurricanes and other natural disasters in North America are major drivers for the market's revenue growth.

According to the NOAA National Centers for Environmental Information (NCEI) in the United States, there were already seven weather/climate disaster events with damages exceeding USD 1 billion confirmed by May 8, 2023. This indicates the growing impact of extreme weather events, such as hurricanes, tornadoes, wildfires, and floods, in the region.

During these catastrophic events, there is often a need for efficient cleanup and recovery activities, as they lead to extensive waste accumulation and infrastructure damage. Knuckleboom loaders play a vital role in such circumstances due to their articulated booms and lifting capacity, enabling them to efficiently clear debris and handle challenging terrains. This capability of knuckleboom loaders has facilitated the restoration of vital infrastructure and the recovery of affected towns during natural calamities.

Overall, the rising demand for knuckleboom loaders in storm and disaster mitigation is driven by the need for swift and effective cleanup and recovery operations in the face of increasing natural disasters in North America.

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In 2022, the total damages caused by disasters amounted to USD 165.1 billion, according to the NOAA National Centers for Environmental Information (NCEI) in the United States. The costliest events were the Western and Central Drought and Heat Wave, which incurred USD 22.1 billion in damages, and Hurricane Ian, which caused USD 112.9 billion in damages. These significant financial losses incurred from natural disasters are driving the adoption of effective knuckleboom loaders to mitigate the environmental impact in North America.

The demand for knuckleboom loaders in storm and disaster mitigation is also being driven by government programs and investments aimed at preparing for and responding to disasters. The high fatality rates associated with natural disasters have led governments at the federal, state, and municipal levels to recognize the need for reliable and efficient equipment to manage and mitigate the effects of these catastrophes.

According to the National Centers for Environmental Information, tropical cyclones were the most lethal billion-dollar catastrophes in 2022, causing 182 fatalities. They were followed by heat waves resulting from droughts (136 fatalities) and winter storms (87 fatalities). In terms of billion-dollar weather catastrophes, tropical cyclones incurred the highest costs at USD 117.6 billion, followed by droughts (USD 22.4 billion) and severe storms (USD 22 billion).

To enhance their disaster response capabilities and resilience, governments have allocated substantial budgets for the purchase and maintenance of knuckleboom loaders. These investments not only strengthen the market for knuckleboom loaders but also improve the overall effectiveness and response capacity of the region in managing natural disasters.

In summary, the increasing rate of natural disasters, the associated financial damages, and the government's recognition of the importance of reliable equipment have contributed to the growing adoption of knuckleboom loaders in storm and disaster mitigation in North America.

Type Outlook (Revenue, USD Million, 2019-2032)

Wheeled Knuckleboom Loaders

Tracked Knuckleboom Loaders

Application Outlook (Revenue, USD Million, 2019-2032)

Relief and Rescue

Post Disaster Management  

End-Use Outlook (Revenue, USD Million, 2019-2032)

Private

Public

Weight Class Outlook (Revenue, USD Million, 2019-2032)

Light-Duty

Medium-Duty

Heavy-Duty

Deployment Outlook (Revenue, USD Million, 2019-2032)

Rental

Own-use

Sales Outlook (Revenue, USD Million, 2019-2032)

Direct Sales

Distributor/ Dealer Sales

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Regional Markets Highlighted in the Global North America Knuckleboom Loaders in Storm Disaster Mitigation Market Report:

North America

S.

Canada

Mexico

Europe

Germany

K.

Italy

France

BENELUX

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of Asia Pacific

Latin America

Brazil

Rest of Latin America

Middle East & Africa

Saudi Arabia

A.E.

South Africa

Rest of Middle East & Africa

Top Companies Profiled in the Report:

 Haib (Cargotec Corporation); Iowa Mold Tooling Co., Inc. (Oshkosh Corporation); Manitex Inc. (Manitex International); Hmf Group A/S; Fassi Gru S.P.A.; Jomac Ltd; Tigercat International Inc.; Rotobec Inc; Atlas Gmbh.; Palfinger Ag.

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The global e-Bike Lithium-ion Polymer market has experienced significant growth, with a size of USD 30.46 Billion in 2022. The market is projected to continue its expansion at a rapid pace, with a forecasted revenue compound annual growth rate (CAGR) of 12.2% during the forecast period.

Several factors have been contributing to the increasing market revenue. One of the key drivers is the support from governments through funding and initiatives aimed at boosting e-Bike Lithium-ion Polymer sales. Additionally, the establishment of more e-Bike Lithium-ion Polymer parking spaces equipped with fast chargers integrated into sidewalks has made e-Bike Lithium-ion Polymers more convenient and accessible for users, further driving their popularity.

E-Bike Lithium-ion Polymers are gaining traction as a preferred mode of transportation, especially for daily commuting. They are perceived as faster and safer alternatives to traditional modes of transport, which has led to increased adoption among urban commuters.

The support from federal organizations in multiple countries has been instrumental in promoting the usage of e-Bike Lithium-ion Polymers. Collaborations between governments and for-profit or charity organizations have also resulted in awareness-raising campaigns to promote e-Bike Lithium-ion Polymers. A primary objective of these campaigns is to reduce carbon dioxide emissions and promote eco-friendly transportation options.

Some countries are taking more direct steps to incentivize the adoption of e-Bike Lithium-ion Polymers by offering subsidies to consumers for the purchase of e-Bike Lithium-ion Polymers. For example, California approved a law on September 1, 2021, which allows consumers to receive a tax rebate of up to USD 1,500 if they buy a new electric bicycle priced under USD 8,000. Moreover, if a person files jointly and purchases two electric Bike Lithium-ion Polymers together, they can qualify for the tax rebate twice every three years, providing further encouragement for the adoption of e-Bike Lithium-ion Polymers.

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The increasing traffic congestion in cities has led to a rising demand for e-Bike Lithium-ion Polymers, contributing significantly to the growth of the market revenue. E-Bike Lithium-ion Polymers offer a range of advantages over other modes of transportation, making them more appealing to consumers. Their convenience, safety, and cost-effectiveness are among the key factors driving this surge in demand.

Compared to traditional bicycles, e-Bike Lithium-ion Polymers are considered a superior substitute for vehicles, particularly for short errands and commutes of a few kilometers to work. Many places treat e-Bike Lithium-ion Polymers as regular bicycles, allowing users to ride them on sidewalks, cycle paths, and through parks, enhancing their flexibility and accessibility.

One of the main benefits of e-Bike Lithium-ion Polymers is their speed. They are faster than traditional Bike Lithium-ion Polymers, capable of reaching speeds of up to 20 mph, whereas a cyclist on a regular Bike Lithium-ion Polymer typically travels at speeds of 10 to 12 mph. This increased speed allows users to reach their destinations more quickly, making them a time-efficient transportation option.

Moreover, e-Bike Lithium-ion Polymers offer enhanced safety features. Riders can accelerate swiftly to avoid obstacles and maneuver through traffic more effectively, reducing the likelihood of accidents and collisions. This added level of control and agility makes e-Bike Lithium-ion Polymers a safer option compared to traditional bicycles.

Overall, the combination of convenience, safety, and speed has made e-Bike Lithium-ion Polymers increasingly popular among urban commuters and individuals looking for a practical and eco-friendly mode of transportation. As cities continue to face traffic challenges, the demand for e-Bike Lithium-ion Polymers is likely to continue its upward trend, reshaping urban mobility and promoting sustainable transportation solutions.

Class Outlook (Revenue, USD Billion; 2019–2032)

• Class-I

• Class-II

• Class-III

Speed Outlook (Revenue, USD Billion; 2019–2032)

• Up to 25 km/h

• 25-45 km/h

Battery Type Outlook (Revenue, USD Billion; 2019–2032)

• Lithium-ion Polymer

• Lithium-ion Polymer Polymer

• Lead Acid

• Others

Motor Type Outlook (Revenue, USD Billion; 2019–2032)

• Hub

• Mid

Mode Outlook (Revenue, USD Billion; 2019–2032)

• Pedal Assist

• Throttle-Assisted

Component Outlook (Revenue, USD Billion; 2019–2032)

• Batteries

• Electric Motors

• Frames with Forks

• Wheels

• Crank Gears

• Bake System

• Motor Controller

Application Outlook (Revenue, USD Billion; 2019–2032)

• Mountain

• Trekking

• City/Urban

• Cargo

• Others

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Key Regional Markets Covered in the Report:

• North America (U.S., Canada, Mexico)

• Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)

• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)

• Latin America (Chile, Brazil, Argentina, Rest of Latin America)

• The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Top 10 Companies Operating in the Global E-Bike Lithium-ion Polymer Market:

Accell Group, Giant Bicycles, MERIDA BIKE LITHIUM-ION POLYMERS, Riese & Müller GmbH, Georg Fritzmeier GmbH & Co. KG, Yamaha Motor Corporation, Trek Bicycle Corporation, and Cycling Sports Group,

Key Takeaways of the Competitive Overview Section:

• Overview of the company profiles of each market player

• Industrial chain analysis of each player

• Revenue share contribution

• Sales network and distribution channels and net profits and losses of each company

• Key business growth strategies undertaken by these players

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

(Head of Business Development)

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Blogs | Press Release | Industry News | Our competencies

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