Brushless DC Motor Market anticipated to reach $15.2 Billion by 2025
The global Brushless
DC Motor Market size is expected to grow from an estimated USD 9.6 billion
in 2020 to USD 15.2 billion by 2025, at a CAGR of 9.5%, during the forecast
period. The market is set to witness growth due to increasing industrial
applications of these motors and surging adoption of brushless DC motors in
HVAC, automotive, and consumer electronics applications.
The inner rotor segment...
How will the plastics for electric vehicle market shape up in the future?
The Plastic
for Electric Vehicle Market is projected to grow at a CAGR of 26.9% to
reach a market size of USD 2,621 million by 2025 from 797 million in 2020. The
stringent emission standards coupled with automakers focus on weight reduction
is driving the demand of plastics in electric vehicles. Additionally, the OEMs
inclination towards thermally stable plastics is further anticipated to drive
the...
Attractive Opportunities in the Electric Commercial Vehicle Market
The Global Electric Commercial Vehicle Market size is expected to grow from approximately 261 thousand units in 2020 to reach 1,890 thousand units by 2027, at a CAGR of 32.7%. Factors such as a rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled automotive OEMs to make fuel-efficient and environment-friendly vehicles.
OEMs worldwide...
Electric Powertrain Market – Trends & Scenario (2020–2027)
The global Electric Powertrain Market size is projected to reach USD 191.4 billion by 2027 from an estimated USD 62.9 billion in 2019, at a CAGR of 14.9%, driven by developments in electric powertrain technologies. For instance, Continental presented a 48V high power drive system of 30 kW to power full hybrid vehicles. This new system comprises of an electric motor with integrated power electronics...
EV Connectors Market Analysis with Ongoing Trends & Market Revenue
Favorable government policies and support in terms of subsidies and grants, tax rebates for EVs and EV charging infrastructure would drive the growth of EV charging stations. Thus, EV connectors market would grow subsequently by 2025.
The Global EV Connectors Market shows significant projected growth at a CAGR of 18.44% from USD 30 million in 2018 to reach USD 98 million by 2025.
EV connectors act...