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Furthermore, online buying platforms cater to a diverse range of consumers, including those who may be hesitant to visit dealerships due to various reasons, such as time constraints or discomfort with the selling environment. The availability of virtual tours, 360-degree views of cars, and live videos conducted by sales representatives enables buyers to experience vehicles as if they were physically present. This level of engagement reduces the barriers to entry and attracts a more extensive customer base.


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Economically, 2019 faced both challenges and growth. Global markets were influenced by trade tensions, particularly between the United States and China. However, despite the turbulence, many sectors showed resilience and signs of growth. Emerging markets were increasingly defined by innovations—as startups flourished, particularly in fintech, healthcare, and sustainability sectors. This volatility and potential for breakthrough led analysts to predict robust growth in certain industries, capturing the sense of opportunity reflected in our percentage theme.


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Historically, farming equipment has relied heavily on diesel and gasoline engines. These conventional machines contribute significantly to carbon emissions, impacting air quality and the environment. However, the advent of electric-powered equipment represents a transformative change in agricultural practices. Electric tractors, sprayers, and harvesters are being developed with sophisticated technologies that enable them to operate efficiently while producing zero direct emissions.


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