Brushless DC Motor Market worth $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. Increasing industrial applications of these motors and surging adoption of brushless DC motors in HVAC, automotive, and consumer electronics applications are expected to be the key factors driving the brushless...
Advanced Energy Storage Systems Market to Surpass $19.04 Billion by 2022
The global advanced energy storage systems market is expected to grow from USD 12.7 billion in 2017 to USD 19.0 billion by 2022, at a CAGR of 8.4% during the forecast period. The growth of the advanced energy storage systems market is attributed to increasing renewable energy investments and growth in the electric vehicles market globally and regulatory changes demanding energy efficiency.
The...
Electric Motor Market to Generate $169.1 Billion Revenue by 2026
The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period. Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East and Asia Pacific regions along with growing use of electric motors across major industries is the driving factor...
DC Power Supplies Market Expected to Grow $454 Million by 2024
The global DC
power supplies market size is projected 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...
Schlumberger (US) and National Oil Well (US) are the Major Players in the Progressing Cavity Pump Market
The global progressing cavity pump market size is projected to reach USD 5.9 billion by 2026, at a CAGR of 6.0%, from an estimated USD 4.4 billion in 2021. The key drivers for the progressing cavity pump market include use of PCPs in enhanced oil recovery and upstream processes and Intensifying need for water & wastewater management in developed nations.
The Progressing Cavity Pump market...
Brushless DC Motor Market Likely to Boost Future Growth 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. Increasing industrial applications of these motors and surging adoption
of brushless DC motors in HVAC, automotive, and consumer electronics
applications are expected to be the key factors driving the brushless DC Motor
market.
The...
Electric Vehicle Market – Latest Trends & Industry Vision By 2030
The global Electric Vehicle Market size is projected to grow from 8,151 thousand units in 2022 to 39,208 thousand units by 2030, at a CAGR of 21.7%.
Factors such as growing demand for low-emission commuting and governments supporting long-range, zero-emission vehicles through subsidies & tax rebates have compelled the manufacturers to provide electric vehicles around the world. The rapidly growing...
Advanced Energy Storage Systems Market to Surpass $19.04 Billion by 2022
The global advanced energy storage systems market to grow from USD 12.7 billion in 2017 to USD 19.0
billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.4%
during 2017 to 2022. The growth of the advanced energy storage systems
market is attributed to increasing renewable energy investments and growth in
the electric vehicles market globally and regulatory changes demanding energy
efficiency.
The...
Electric Motor Market will Escalate Rapidly in Near Future
The global Electric
Motor Market is expected to grow from an estimated USD 113.3 billion
in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast
period. Increased demand for HVAC systems in residential, commercial, and
industrial end-users in the Middle East and Asia Pacific regions along with
growing use of electric motors across major industries is the driving factor
for...
Smart Electric Drive Market – Trends & Scenario (2021–2026)
The report “Smart Electric Drive Market by Vehicle Type (PC, CV, 2W), EV Type (BEV, PHEV, HEV), Component (Power Electronics, E-Brake Booster, Inverter, Motor, Battery), Application (E-Axle, Wheel Drive), Drive (FWD, RWD, AWD), and Region – Global Forecast to 2026″, The global smart electric drive market size is projected to grow from USD 915 million in 2021 to USD 4,245 million...