Advanced Energy Storage Systems Market Size to Grow $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 Likely to Boost Future Growth 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
for the growth...
DC Power Supplies Market Growing Strong through 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% from 2019
to 2024. 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
such...
Electric Vehicle Range Extender Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025
The report “Electric Vehicle Range Extender Market by Type (ICE Range Extender, Fuel Cell Range Extender, and Others), Component (Battery Pack, Generator, Power Converter, and Electric Motor), Vehicle (PC and CV), and Region – Global Forecast to 2025″ The electric vehicle range extender market is estimated to be 218,129 units in 2018 and is projected to reach 479,027 units by...
Electric Commercial Vehicle Market Boom in Near Future!
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...
Advanced Energy Storage Systems Market to grow $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 to be $169.1 Billion by 2026
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...
Solar Vehicle Market: Opportunities, Trends, and Analysis
The rapidly evolving automotive industry has provided advanced solutions in transport applications. The inception of solar and electric vehicles has proven to be the best alternative to shift from fossil fuel cars. Also, the mass production of electric vehicles by OEMs due to the high adoption rate across the globe has led to the rapid development of solar panels to be integrated over vehicles.
The...
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...