Brushless DC Motor Market Share Expected to Reach $17.6 Billion by 2028
The global Brushless DC Motor Market Share is expected to reach USD 17.6 billion by 2028 from USD 12.1 billion in 2023 at a CAGR of 7.9% during the 2023-2028 period according to a new report by MarketsandMarkets™. Brushless DC motors are synchronous electric motors that are driven by direct current (DC). They are also known as electronically commutated motors (EC motors). These motors are highly...
Unlocking Growth in the Battery Coating Market: A Path to Innovation and Sustainability
The Rapid Evolution of Battery Coatings
As the global demand for cleaner energy and sustainable technologies escalates, the battery coating market has emerged as a pivotal enabler of next-generation energy solutions. Battery coatings, essential for enhancing the performance, longevity, and safety of energy storage systems, are increasingly in demand across industries such as electric vehicles...
EBike Market Size Projected to Reach $71.5 Billion by 2030
The EBike Market Size is projected to reach a staggering $71.5 billion by 2030, driven by increasing consumer demand for eco-friendly transportation and advancements in electric bike technology. With governments worldwide promoting sustainable urban mobility and offering subsidies, the demand for electric bikes has seen a significant surge. Additionally, the rise of urbanization, coupled with the...
Electric Construction Equipment Market Size is Projected to Reach USD 44.8 billion by 2030
The electric construction equipment market size is rapidly growing, driven by increasing concerns about sustainability and emissions reduction. As technology advances and battery capacity improves, electric construction equipment is becoming more viable and efficient for various applications.
Key Trends in the Electric Construction Equipment Market:
Growing Demand: The demand for electric construction...
Electric Tractor Market Size is Projected to Reach USD 3.4 billion by 2030
The global electric tractor market growth is projected to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3% during the forecast period. The electric tractor market is being driven by growing stringency in emission regulations, advancements in battery technology, and government incentives & regulations.
The battery electric tractors hold the largest market for...
Car as a Connected Living Ecosystem to Hit worth $1.5 trillion by 2035
The automotive industry is undergoing a profound transformation, driven by the convergence of technology and mobility. The car is no longer merely a transportation device; it’s evolving into a connected living ecosystem, offering a range of services and features that enhance the driving experience and integrate seamlessly with our digital lives.
Market Size and Share
The market for connected...
Automotive Market Size, Share, Trends, Growth, Demand | Forecast [2024]
The Global Automotive Size will have a global passenger vehicles and commercial vehicles combined sales of 92 million units in 2023 and is projected to 95 million units in 2024, witnessing a YoY growth of 3.1% from 2023 to 2024.
The growth of the automotive market is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along...
Top Trends Driving the Future of Automotive Industry
The Future of Automotive Industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%.
The growth of the automotive industry is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along with installation of fast and ultra-fast...
Future Of Automotive Industry Size, Share, Trends | Forecast [2030]
The automotive industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%.
The growth of the automotive industry is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along with installation of fast and ultra-fast charging...
Lithium Iron Phosphate Batteries Market Growth: Competitive Analysis, Future Prospects, and Leading Players – BYD, Gotion, CALB, A123 Systems
The global lithium iron phosphate batteries market is projected to reach USD 35.5 billion by 2028 from an estimated USD 17.7 billion in 2023, at a CAGR of 14.9% during the forecast period. The growing investments in building offshore wind farms will positively impact the lithium iron phosphate batteries market.
Key Market Players
The major players in the lithium iron phosphate batteries market...