China to lead the EV Charging Station Market, global market projected to reach USD 10.1 billion by 2030
The China EV charging station market is expected to grow from USD 6.3 billion in 2024 to USD 10.1 billion by 2030, at a CAGR of 8.2%. China has emerged as a global leader in public light-duty vehicle charging infrastructure, accounting for approximately 70% of the world’s total in 2024, with projections to maintain dominance through 2030. Its robust growth is fueled by strategic initiatives...
Automotive Turbocharger Market Size, Share & Trends [2024-2030]
The global automotive turbocharger market size is projected to reach $22.9 billion by 2030, driven by the increasing demand for fuel-efficient vehicles and stringent emission regulations worldwide. Turbochargers play a vital role in enhancing engine performance by enabling smaller engines to deliver higher power output while maintaining fuel efficiency. The growing adoption of turbocharged engines...
Lithium-ion Battery Recycling: Process & Companies
The rapid growth in electric vehicles (EVs) and consumer electronics has catapulted lithium-ion batteries into the spotlight as one of the most critical components for energy storage. But as the demand for these batteries increases, so does the need for an effective recycling infrastructure to mitigate environmental risks and conserve valuable resources. Lithium-ion battery recycling plays a crucial...
EV Market Size, Share, Trends & Growth Analysis by 2030
The global EV Market is projected to grow from USD 396.4 Billion in 2024 to USD 620.3 Billion by 2030, registering a CAGR of 7.7%. The global electric vehicle (EV) market has well developed over the years due to several factors. Emerging environmental consciousness for air pollution and greenhouse gas emissions, among others, has led the governments across the globe to put supportive policies, which...