India’s EV Component Market To Grow At 22.1% CAGR Till 2030
India is presently witnessing a rapid rise in the adoption of electric vehicles (EVs). Additionally, a decline is being seen in the price of various components, which is making EVs more affordable for people. Both these factors are projected to…
Global Electric Vehicle Speed Reducer Market Growth 2019-2024
The Global EV Speed Reducer market is projected to register a 41.9% CAGR in terms of revenue, the global market size will reach US$ 1340 million by 2024, from US$ 160 million in 2019. EV Speed Reducers are devices between…
The Global Automotive Electronic Control Unit Industry Is Forecasted To Reach USD 106.88 Billion By 2025
The global automotive electronic control unit industry is expected to witness significant growth by reaching USD 106.88 billion by 2025, while exhibiting a CAGR of 6.5% between 2019 and 2025. The market was worth USD 70.02 billion in 2018. An…
Global Electric Vehicle Traction Motor Market Is Projected To Reach USD 40.16 Billion By 2027
Electric Vehicle Traction Motor Market was valued at USD 2.63 Billion in 2019 and is projected to reach USD 40.16 Billion by 2027, growing at a CAGR of 40.7 % from 2020 to 2027. An Electric Vehicle Traction Motor uses…
Lead Acid Battery Market Worth To Be USD 111 Billion By 2030
The global lead acid battery market is set for positive growth through 2030, expanding at a CAGR of 5.4% and surpassing a value pool of US$ 111.6 Bn by 2030-end. Presently, lead acid batteries find extensive usage as the primal…
Solar Vehicle Global Market Forecast 2023–2030
The global solar vehicle market is expected to be $329.5 million in 2023, and is projected to reach $4,087.6 million by 2030, registering a CAGR of 43.3%. North America is projected to be the highest revenue contributor, accounting for $138.5…
The Hydrogen Fuel Cell Vehicle Market To Reach $42,038.9 Million By 2026
The hydrogen fuel cell vehicle market size was valued at $651.9 million in 2018, and is projected to reach at $42,038.9 million by 2026, growing at a CAGR of 66.9% from 2019 to 2026. The key factors that impact the…
Electric Vehicle Power Inverter Market Global Forecast To 2025
The Global Electric Vehicle Power Inverter Market is expected to grow from USD 20,194.10 Million in 2019 to USD 39,755.72 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 11.95%. A power inverter is a…
EV Charging Cables Market Global Forecast To 2027
The Global EV Charging Cables Market is Projected to Grow at a CAGR of 31.8%, to Reach USD 1,808 Million by 2027 Factors such as increasing adoption of electric vehicles, the rapid development of electric vehicle supply equipment, and increasing…
Solid-State Battery Market Global Forecast to 2027
The global solid state battery market size is estimated to grow from USD 62 million in 2020 to USD 483 million by 2027; it is expected to grow at a CAGR of 34.2% during the forecast period. Factors such as…
