Transformed Transportation to Boost Growth

Ghana has been experiencing steady economic development, but GDP growth has not been supported with enough infrastructure to boost welfare sustainably in the long term. One of the sectors requiring urgent improvement is transport.

The road network comprises over 78,000 kilometers, but only 49% of it is maintained or rehabilitated. Up to 60% of the 1300-kilometer rail network is not used regularly due to lack of maintenance. This absence of necessary infrastructure limits commerce and exports, and slows down Ghana’s economic growth prospects and even tourism, given that many of the major attractions are located in rural areas and difficult to reach due to the poor overall state of the roads.

Accra’s rapid demographic growth also creates transportation issues through an increased number of vehicles and congestion. As the city spreads, people experience longer commutes, which creates time costs and has an adverse impact on the environment. But with so

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China rolls out fresh policies to boost hydrogen vehicle sales

FILE PHOTO: Visitors look at a display of Toyota’s Mirai hydrogen fuel-cell vehicle during the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. REUTERS/Yilei Sun

BEIJING (Reuters) – China, the world’s biggest automobile market, rolled out fresh policies to support hydrogen fuel cell vehicles to improve the industry’s supply chain and technologies, the finance ministry said on Monday.

China is also the world’s largest market for new energy vehicles (NEVs), which include battery electric vehicles as well as plug-in hybrid and hydrogen fuel cell vehicles.

While previous policies to support NEV makers had offered subsidies on sales, the fresh rollout will require local governments and companies to build a more mature supply chain and business model for the industry.

Local governments and companies need to prove their joint projects are able to lower the price of hydrogen fuel, increase the number of hydrogen-charging stations, enlarge hydrogen

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Car Rack Market – Roadmap for Recovery from COVID-19 | Increasing Demand For Smaller Cars to Boost the Market Growth

Technavio has been monitoring the car rack market and it is poised to grow by USD 1.60 bn during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200911005382/en/

Technavio has announced its latest market research report titled Global Car Rack Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19

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new fresco seeks to boost female cycling in Brussels

Wednesday, 02 September 2020

A new fresco has been unveiled in northern Brussels as part of a regional campaign to encourage more female residents to travel by bike in the Belgian capital.

For the fresco, which depicts a woman gliding along on her bike, her fair flowing behind her, artist Anthea Missy said she wanted to depict female cyclists riding through the city in a free, “cosmic” and “childlike” manner.

“I wanted to represent the little girl that is inside every woman, in a cosmic universe with cultural references that go back to 1980 and stretch into our time,” explained Missy. “Who is lifted up through the sensation of freedom that we have when we bike, with our hair in the wind.”

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Finalised on Saturday and unveiled on the side of a building in Place Bockstael, in the northwest district of Laeken, the fresco is set to be

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Technavio Research: Research Report: Bicycle OEM Tires Market (2020-2024) | Demand for Premium Bicycles to boost the Market Growth

Technavio has been monitoring the bicycle OEM tires market and it is poised to grow by USD 544.86 million during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200901005070/en/

Technavio has announced its latest market research report titled Global Bicycle OEM Tires Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Bicycle OEM Tires Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- post-COVID-19 analysis. Download a Free Sample Report on

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Used Car Market analysis highlights the Impact of COVID-19 (2020-2024) | Increasing Launch of New Model Cars to boost the Market Growth

Technavio has been monitoring the used car market and it is poised to grow by 34.53 million units during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

https://www.businesswire.com/news/home/20200820005084/en/” data-reactid=”13″This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200820005084/en/

Technavio has announced its latest market research report titled Global Used Car Market 2020-2024 (Graphic: Business Wire)

Download a Free Sample

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Global Ride Hailing Services Market With Highlights the Impact of COVID-19, 2020-2024 | Use of Online On-Demand Transportation Services to Boost Market Growth | Technavio

LONDON–(BUSINESS WIRE)–The global ride hailing services market size is expected to grow by USD 47.03 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.

Request challenges and opportunities influenced by COVID-19 pandemic – Request a Free Sample Report on COVID-19 Impacts

The rising use of online on-demand transportation services is one of the major reasons driving the ride hailing services market growth. The demand for on-demand transportation services providers is increasing mainly due to rapid urbanization in the developing countries in APAC. Moreover, rising investments by venture capitalists have enabled several cab companies to penetrate into untapped markets. This provides ample opportunities for players to increase their overall revenue.

To learn

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Automotive Wheel Alignment System Market Analysis Highlights the Impact of COVID-19 (2019-2023)| Demand For Automotive Repair to boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive wheel alignment system market and it is poised to grow by USD 355.39 mn during 2019-2023. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Request the Latest Free Sample Report of 2020-2024

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. CEMB Spa, Dover Corp., Hunter Engineering Co., Robert Bosch GmbH, and Snap-on Inc. are some of the major

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COVID-19 Impact & Recovery Analysis- Global Automotive Connecting Rod Market 2020-2024 | Growth of Automotive Industry in Emerging Economies to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the global automotive connecting rod market size and it is poised to grow by 46.10 million units during 2020-2024, progressing at a CAGR of 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Albon Engineering and Manufacturing Plc, Cummins Inc., Dover Corp., Honda Motor Co. Ltd., IT Forging (Thailand) Co. Ltd. , JD Norman Industries Inc., Linamar Corp., MAHLE GmbH, Sanjo Machine Works Ltd., and YASUNAGA Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth

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COVID-19 Impact & Recovery Analysis- Global Automotive High-Performance Brake System Market 2020-2024 | Increasing Electrification in Vehicles to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the global automotive high-performance brake system market size and it is poised to grow by USD 1.74 billion during 2020-2024, progressing at a CAGR of 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aisin Seiki Co. Ltd., Akebono Brake Industry Co. Ltd., APC Automotive Technologies LLC, BERINGER SAS, Brembo Spa, Carlisle Companies Inc., Continental AG, Freeman Automotive (UK) Ltd., Wilwood Engineering Inc., and ZF Friedrichshafen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth

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