Automotive Traction Motor Market: Trends and Developments

Automotive Traction Motor Market
The Global Automotive Traction Motor Market is projected to grow at a CAGR of 33.7% from USD 4.1 billion in 2021 to USD 17.3 billion by 2026. With the increasing stringency of government mandates regarding emissions caused by vehicles, the automotive industry focuses on efficiency, emission-free propulsion, and innovative technologies. With the increasing adoption of electric vehicles and improved...

Electric Vehicle Communication Controller Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025

Electric Vehicle Communication Controller Market
The report “Electric Vehicle Communication Controller Market by System (EVCC and SECC), Charging Type (Wired and Wireless), Electric Vehicle Type (BEV and PHEV), Vehicle Type (Passenger Car and Commercial Vehicle), Region – Global Forecast to 2027″ The global electric vehicle communication controller market is projected to grow from USD 55 million in 2019 to USD 563 million by...

EV Battery Market – Analysis with Ongoing Trends & Market Revenue

EV Battery Market
The global EV Battery Market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025. The base year for the report is 2020, and the forecast period is from 2021 to 2025. With the increasing stringency of government mandates regarding emissions caused by vehicles, the automotive industry focuses on efficiency, emission-free propulsion, and innovative technologies....

Electric Commercial Vehicle Market Boom in Near Future!

Electric Commercial Vehicle Market
The Global Electric Commercial Vehicle Market size is expected to grow from approximately 129 thousand units in 2020 to reach 2,026 thousand units by 2028, at a CAGR of 41.1%. Factors such as 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 Motor Market to be $169.1 Billion by 2026

Electric Motor Market
According to the new market research report “Electric Motor Market by Type (AC,DC), Power Rating (<1KW, 1-2.2KW, 2.2-375 KW, >375KW), End User (Industrial, Commercial, Residential, Transportation, and Agriculture), Rotor Type, Output Power, and Region – Global Forecast to 2026″,published by MarketsandMarkets™,the Electric Motor Market is expected to grow from an estimated USD...

What is the impact of COVID-19 on the electric vehicle market and its segments?

COVID-19 Impact on EV and EV Infrastructure Market
Post COVID-19, the global Electric Vehicle and Electric Vehicle Infrastructure Market size is projected to reach 4.18 million units by 2021 from an estimated 3.42 million units in 2020, at a CAGR of 22.1%. The projection for 2021 is expected to be down by 34% as compared to pre-COVID estimation. The growing trend of greener transport is the primary factor responsible for the expected advancements...

DC Power Supplies Market to Witness a Steady Growth by 2024

DC Power Supplies Market
The global DC power supplies market size is expected to reach USD 454 million by 2024 from an estimated value of USD 361 million in 2019, at a CAGR of 4.7 % during the forecast period. The growing wireless communication & infrastructure and aerospace & defense segment in the countries such as US & Canada and growing demand for industrial automation and consumer electronics sector in countries...

Acoustic Vehicle Alerting System Market Future Growth Prospect and Trends to 2030

Acoustic Vehicle Alerting System Market
The Acoustic Vehicle Alerting System Market is projected to reach USD 5,615 million by 2027 from an estimated USD 425 million in 2019, growing at a CAGR of 38.1% during the forecast period, driven by the installation of AVAS in passenger cars and commercial vehicles. The growing sensitivity towards pedestrian safety is the primary factor responsible for the expected growth in this market. Electric...

Mobility as a Service Market Global Outlook by 2030

Mobility as a Service Market
The Mobility as a Service (Maas) Market is projected to grow at a CAGR of 31.7% from 2020 to 2030, and the market size is expected to grow from USD 6.8 billion in 2020 to USD 106.8 billion by 2030. MaaS offers efficient solutions to move traffic in a more convenient, faster, and less expensive manner. Also, the growth of the telecom sector, widespread penetration of smartphones on 3G, 4G, and upcoming...

Electric Vehicle (Car) Polymers Market Industry Leaders & New Revenue Pockets

The global electric vehicle (car) polymers market size is projected to grow from USD 4.1 billion in 2019 to USD 52.5 billion by 2024, at a compound annual growth rate (CAGR) of 67%, during the forecast period. Electric vehicle polymers are the polymers that are used in electric cars to reduce weight without affecting the efficiency of the car. Polymers are the only materials that can replace metals...