#Battery Swapping Market Statistics
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Battery Swapping Market to Grow at more than 27.5% CAGR till 2033
Battery Swapping Market size exceeded USD 1.05 Billion in 2023 and is anticipated to cross USD 17.25 Billion by 2033, registering a CAGR of more than 27.5% during the forecast period.
Battery swapping has the advantage of a quick battery change that could take just a few minutes, making it more practical for EV users on long trips or in areas with limited charging infrastructure. Many companies are investigating different battery switching business models. Some might operate centralized battery switch stations, while others would utilize mobile swap units. There are many challenges facing the battery switching sector, including the need for infrastructure development, cost-effectiveness, and battery standardization. Complex responsibilities include overseeing a network of swap stations, controlling the supply chain, and ensuring the dependability and security of batteries that have been swapped.
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Electric vehicles (EVs) are frequently thought of as being more environmentally benign than cars with internal combustion engines (ICEs) due to their lower emissions. Battery swapping may contribute to a decrease in the emissions of greenhouse gases and other air pollutants that fuel global warming by encouraging the adoption of electric vehicles.
By incorporating renewable energy sources like solar, wind, and hydroelectric power into battery swapping stations, the carbon footprint of EV charging can be significantly decreased. By employing renewable energy for battery charge and replacement, the overall emissions from the transportation sector can be decreased, contributing to the battle against climate change.
The cost of developing battery swapping infrastructure can differ significantly depending on a number of factors, including the scale of the operation, its location, the technology employed, any restrictions that may be relevant, and more. The initial expense of creating a battery inventory for swapping is rather high. Buying enough batteries to satisfy consumer demand and maintain a steady supply of charged batteries is required for this. Setting up a supply chain for purchasing batteries, shipping them, and recycling or repairing them requires logistics planning and investments.
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North America is anticipated to dominate the battery swapping market from 2017 to 2033. North American entrepreneurs and emerging businesses were looking into the viability of battery switching. These companies aimed to address problems with effective battery handling, interoperability, and standardization. In North America, most of the infrastructure for EV charging still employs traditional charging methods like Level 2 chargers and DC fast chargers. These methods were more well-known and widely used compared to battery switching stations.
Asia Pacific is witnessing the fastest market growth between 2017 to 2033. In China, battery swapping networks with a number of stations have been established, making it simpler for EV owners to change their batteries and continue their journeys. Some battery swapping companies in the Asia-Pacific area have partnered with ride-hailing platforms to make their services more easily accessible to owners of electric vehicles.
Some of the major players in battery swapping market are Numocit, Oyika, KYMCO, Esmito Solutions Pvt Ltd, ECHARGEUP, Lithion Power Private Limited, Gogoro, NIO, Amara Raja Batteries Ltd, Aulton New Energy Automotive Technology Co. Ltd.
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Partial chapters of report table of contents (TOC):
Chapter 3. Battery Swapping Market Insights
Market Overview
Market Drivers & Opportunity
Market Restrains & Challenges
Regulatory Landscape
Ecosystem Analysis
Technology & Innovation Outlook
Key Industry Developments
Partnership
Merger/Acquisition
Investment
Product Launch
Supply Chain Analysis
Porter's Five Forces Analysis
Threat of New Entrants
Threat of Substitutes
Industry Rivalry
Bargaining Power of Suppliers
Bargaining Power of Buyers
COVID-19 Impact
PESTLE Analysis
Political Landscape
Economic Landscape
Social Landscape
Technology Landscape
Legal Landscape
Environmental Landscape
Competitive Landscape
Introduction
Company Market Share
Competitive Positioning Matrix
Chapter 4. Battery Swapping Market Statistics, by Segments
Key Trends
Market Estimates and Forecasts
Table
Chart
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#Battery Swapping Market#Battery Swapping Industry#Battery Swapping Market Size#Battery Swapping Market Share#Battery Swapping Market Analysis#Battery Swapping Market Statistics
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Battery Swapping Market Insights & Trends, Report 2033
The global Battery Swapping Market is a detailed research report which covers all the quantitative as well as qualitative aspects about the Battery Swapping markets across the globe. The report is also inclusive of different market segmentation, business models and market forecasts. This market analysis enables the manufacturers with impending market trends. A thorough scrutiny of prominent market players or industrialists are vital aspect for planning a business in the market. Also, study about the rivals enables in attaining valuable data about the strategies, company’s models for business, revenue growth as well as statistics for the individuals attracted towards the market. This report is very useful for the new entrants as it offers them with the idea about the different approaches towards the market.
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The global battery swapping market is expected to grow from USD 258.3 million in 2023 to USD 2,047.27 million by 2033, at a CAGR of 23% from 2024-2033.
As the industry analysts estimates and extracts the data which are affecting the growth of market for the estimated forecast period. It also covers the growth aspects of the market. In addition, it also covers the demand and supply of the market research study in the estimated forecast period. Moreover, increased demand from the consumers is also likely to be included to estimate the growth of the market for the estimated forecast period. This section majorly focuses over several developments taking place in the region including substantial development and how are these developments affecting the market. Regional analysis provides a thorough knowledge about the opportunities in business, market status& forecast, possibility of generating revenue, regional market by different end users as well as types and future forecast of upcoming years.
In addition, the market research industry delivers the detailed analysis of the global Battery Swapping market for the estimated forecast period. The market research study delivers deep insights about the different market segments based on the end-use, types and geography. One of the most crucial feature of any report is its geographical segmentation of the market that consists of all the key regions. This section majorly focuses over several developments taking place in the region including substantial development and how are these developments affecting the market. Regional analysis provides a thorough knowledge about the opportunities in business, market status& forecast, possibility of generating revenue, regional market by different end users as well as types and future forecast of upcoming years.
Top Companies - Global Battery Swapping Market
BattSwap Inc., Echargeup, Esmito Solutions Private Limited, Gogoro Inc., Immotor, Leo Motors Inc., Lithion Power Private Limited, NIO Power, Numocity Technologies Private Limited, Sun Mobility
In addition, several aspects such as the perspective of the end users are also being covered for the growth of the market. The market research also covers and conducts the interviews and analyses the growth of the market for the estimated growth of the market.
Geographically, this Battery Swapping market report split global into several key Regions, revenue (Million USD) the geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Battery Swapping Market. The report offers regional expansion of the industry with their product analysis, market share, and brand specifications.
Global Battery Swapping Market research report, besides ample understanding shared in the previous sections, the report also presents this comprehensive research report gauges for decisive conclusions concerning growth factors and determinants, eventually influencing holistic growth and lucrative business models in Global Battery Swapping Market. The report on this target market is a judicious compilation of in-depth and professional marketing cues that are crucially vital in delegating profit driven business decisions.
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The exhaustive study has been prepared painstakingly by considering all possible parameters. Some of these were
Consumers options and preferences
Consumer spending dynamics and trends
Market driving trends
Projected opportunities
Perceived challenges and constraints
Technological environment and facilitators
Government regulations
Other developments
About The Brainy Insights:
The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market.
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Digital Commerce Platform Market Developments, Trends & Opportunities till 2032
Digital Commerce Platform Market provides in-depth analysis of the market state of Digital Commerce Platform manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital Commerce Platform in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
South America
Europe
Key Attentions of Digital Commerce Platform Market Report:
The report offers a comprehensive and broad perspective on the global Digital Commerce Platform Market.
The market statistics represented in different Digital Commerce Platform segments offers complete industry picture.
Market growth drivers, challenges affecting the development of Digital Commerce Platform are analyzed in detail.
The report will help in the analysis of major competitive market scenario, market dynamics of Digital Commerce Platform.
Major stakeholders, key companies Digital Commerce Platform, investment feasibility and new market entrants study is offered.
Development scope of Digital Commerce Platform in each market segment is covered in this report. The macro and micro-economic factors affecting the Digital Commerce Platform Market
Advancement is elaborated in this report. The upstream and downstream components of Digital Commerce Platform and a comprehensive value chain are explained.
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How to ensure investment safety & returns with battery swapping cabinet quality concerns?
As the new energy vehicle market thrives, battery swapping cabinets, a crucial facility to solve the endurance issue of electric vehicles, should be highly sought after. However, in recent years, issues related to their quality and maintenance have been frequently exposed, causing concerns among investors and consumers. This not only violates consumer rights but also poses a threat to the healthy development of the entire new energy vehicle industry chain.
In Shanghai, a car owner using a specific brand's battery swapping cabinet found that the battery was still marked as "not returned" after returning it, resulting in a significant overdue fee. Upon communication with customer service, it was revealed that the cabinet's recognition system was faulty.
Similarly, in Shenzhen, car owners complained about frequent issues such as insufficient battery power and slow charging speeds in a certain brand's swapping cabinets, greatly affecting their user experience.
Statistics show that complaints about battery swapping cabinets increased by 30% year-on-year last year, with quality issues accounting for 60%. These include faulty battery recognition systems, insufficient battery power, and slow charging speeds, seriously impacting user experience. In extreme cases, quality issues have led to safety accidents such as battery fires and explosions, posing a serious threat to people's lives and property.
Images show damaged cabinet doors and batteries unable to be properly returned. Such failures are not uncommon and have occurred in multiple cities, affecting users' travel and posing safety hazards.
Some brands in the market have poor quality control and use inferior materials, resulting in unstable product performance and significant safety hazards. Additionally, some brands ignore or delay addressing consumer issues after selling their products, lacking any form of after-sales service mechanism. This leaves consumers feeling helpless and unable to find effective solutions when facing product issues.
Such a lack of after-sales service not only violates consumer rights but also damages brand reputation. Consumers should prioritize brand credibility and after-sales service when purchasing products, as brands lacking these are unlikely to succeed in the market.
In this market environment, how can investors ensure the safety and profitability of their investments?
Choosing well-known brands is key. These brands typically have stricter quality control systems and more comprehensive after-sales service systems, ensuring product quality and service reliability.
HEXUP for example, is committed to consumer needs, focusing on product performance and safety. It adopts advanced technology and materials, undergoes rigorous testing and certification, and ensures its products meet the highest industry standards.
In terms of after-sales service, HEXUP has established a nationwide network providing 24/7 technical support. Whether it's installation, debugging, or daily usage issues, HEXUP responds promptly with solutions. Its team has rich experience and expertise, providing personalized solutions for various situations to ensure timely resolution of user issues.
•Lifetime warranty service
We offer lifetime warranty. During the warranty period, we will repair or replace any parts damaged due to quality issues free of charge.
•7*24-hour response time
Always online to provide you with answers, ensuring a response within 30 minutes and a solution within 24 hours.
•Professional Delivery Team
Establish a project delivery team led by a dedicated manager, equipped with 1-on-1 customer service support and exclusive maintenance services to ensure smooth project progress.
•Technical guidance and support
We provide online technical guidance services to promptly handle unexpected issues and assist you in better using the product.
HEXUP continuously improves and innovates its after-sales service, collecting user feedback and suggestions to optimize and upgrade its products and services. This commitment to innovation and quality has earned it the trust and praise of consumers.
With the frequent chaos in the battery swapping cabinet market, investors need to be vigilant and make cautious choices. Apart from considering product quality and performance, they should also evaluate a brand's after-sales service capabilities and market reputation. Only by choosing reliable brands and products can investors ensure the safety and profitability of their investments.
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Most members of the upper 1% do NOT have income of at least a million $$$ per year.
The korporate media misrepresents the wealth gap using a miasma of statistics. The algorithms that govern search engines play into the korporations’ propaganda. Took a while to locate accurate reporting
+++++++++++++++++++++++++++++++++++++
‘Income’ is buying power. How much of a lot of someone else’s buying power that is transferred to a minuscule number of actual plutocrats.
‘Wealth’ is an illusion of the resale value of your house and the value of your pension funds. Both of which *lose* half their value every decade when the Markets *correct*.
For small business owners wealth can also *include* what they paid for business equipment and furnishings. However, when business go bankrupt, the equipment *values* evaporate.
Per the Media shills, over 7% of the US has the above type *wealth*
For the Super-Rich their Incomes are hoarded as investments in stocks, art, yachts, mansions, etc. However, Stock shares are ridiculously overpriced -thousands of times Yearly Sales or Asset Value.
There are limits imposed by Reality on Illusionary Value . The banks appear to have balked at Never-yet-had-a-business-make-a-profit Elon Musk doing a stock swap of the *value* of battery-exploding-regularly Tesla stock for Twitter.
When the Markets *correct* yet again in the near future we may see a collapse that affects the Rich like it will the rest of us.
Bear in mind that the Fed put $6 Trillion *into* the Market in 2020 on top of the $8 Trillion 2008-14. The banks and businesses pledged their stocks for these unpaid loans.
We the People have already seized the means of production. With the $14 Trillion in *loans* and our $17 Trillion in pensions. It’s a good time to remember that Bezos, Musk, Gates, never aid a penny for the stocks *awarded* them. And that the hedge funds *hold* stocks paid for with our pensions and savings.
Unfortunately, we’re sleepwalking in a Potemkin village built with forced labor on an indigenous mass gravesite.
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Electric Vehicle Battery Market Industry Research, Growth, Trends, Analysis & Developments by 2028.
The Electric Vehicle Battery Swapping market report provides information and statistics on market shares, size, restraining factors, and driving factors for the forecast period 2021 to 2028. It also mentions the role of main market players in the automotive industry. The report on Electric Vehicle Battery Swapping market evaluates the value of the market report, keeping in mind the application and regional segments, market share, and size while forecasting the market for each product type and application of the Electric Vehicle Battery Swapping market in different segments of the report. The research report also mentions some sections of the Electric Vehicle Battery Swapping market including opportunities, growth, trend, size, demand, and technology used by prominent players of the market. Then, it gives detailed profiles of the key players as a part of the competitive landscape of the Electric Vehicle Battery Swapping market.
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The study of the report divides it into several sub-segments and represents the whole automotive industry. An estimation of the revenue generated by the entire automotive industry and its sub-segments are also provided in the report. It decides the factors that affect the demand of the automotive industry rapidly, including methods of development, growth networks, and the product model. The report also points out the greatest prospects for the growth of the automotive market such as forecasting the growth of the market, the launch of new goods, and analysis of the product demand, purchase decisions, several economic factors that are important to determine the trend of Electric Vehicle Battery Swapping market, and the attractiveness of the market. The report on the Electric Vehicle Battery Swapping market will help in assisting the stakeholders in identifying high-potential customers, such as distributors and manufacturers.
The main aim of the Electric Vehicle Battery Swapping report is to give the map of the growth for the Electric Vehicle Battery Swapping market that will help in providing the clients with the required information for the formulation strategies to meet their respective business goals. The report also provides deep knowledge of the Electric Vehicle Battery Swapping for the previous year as well as for the forecast years and what the CAGR level of the market is going to be. This report is a synopsis of what the market conditions are going to be while also giving information regarding the market’s definition, classifications, applications, and engagements are. This report also aims to analyze the Electric Vehicle Battery Swapping market’s developments including the market improvement, market position, and others which are usually done by the prominent players and brands of the automotive industry. This report also consists of all the market drivers and restraints which are obtained through SWOT analysis. The report also has the CAGR values of the Electric Vehicle Battery Swapping market for the base years 2021, the historic year 2020, and forecast years 2021-2028.
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Electric Vehicles Industry is expected to increase EV sales volume from at a CAGR of ~6% between 2021 and 2026: Ken Research
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Increasing government push is likely to boost sales of Electric Vehicles due to exemption of taxes and duties
Lack of market leaders and ease of entry will act a positive reinforcement for emergence of newer homegrown EV manufacturing companies
Increasing technological advancement and emergence of Electric Mobility-as-a-Service (EMaaS) will be witness in the EV space
Increasing Government Support and Initiatives:
The Malaysian government, had announced during Budget 2022 that battery electric vehicles (BEVs) will be exempted from both import and excise tax until 2023 for fully-imported vehicles (CBU) and 2025 for locally-assembled (CKD) models.The government is also giving tax income exemption for individuals of up to RM2,500 on the cost of purchase, installation, rent, hire purchase as well as subscription fees for electric vehicle charging facilities. The government has set the goal of making Malaysia a significant participant in the regional electric mobility market, and aims for 100,000 EVs to be on the road in the country by 2030, along with 2,000 electric buses and 125,000 charging stations.
Ease of Market Entry:
There are few electric 2-wheeler and 4-wheeler brands in Malaysia. A new company entering the market can easily establish itself in the market with a better business model and strategy. Companies have incentives to enter the industry, as it is still at a nascent stage and is expected to grow. For example, Honda plans to launch four electric two-wheelers by 2024.
Increasing Technological Advancements:
The major reason for the affordable prices of electric scooters and bikes is the advancement in battery technology. The decline in electric vehicle battery cost has an overall impact on the cost of an electric vehicle. OEMs are investing capital in research and development to further increase the efficiency of the electric battery along with the reducing their cost.
Battery Swapping Technology is pioneering Electric Mobility-as-a-Service (EMaaS) in Malaysia, by developing Smart Swap – a game-changing turnkey solution for a battery-swapping infrastructure for Electric Motorcycles.
Increase in charging infrastructure:
In Malaysia, the launch of the National Low Carbon Cities 2030 plan, entails the establishment of 200 low carbon zones across the country, which may bring about a greater push for green vehicle options, including EVs. Malaysia plans to build 25,000 public charging points and 100,000 private charging points by 2030.
The publication titled “Malaysia Electric Vehicle Market Outlook to 2026: Driven by government initiatives along with the need to curb vehicular emissions, and increasing charging infrastructure” provides a comprehensive analysis of the electric vehicles industry by analyzing historical statistics and corresponding developments in the electric vehicles market. The market growth declined during COVID as manufacturing activities were on halt and the supply chain got disrupted. Given the consolidated structure in the electric vehicle industry, analysts have elaborated on competitive landscape of major electric 2-wheelers and 4-wheelers player on the basis of models launched, product prices, technology type and other operational parameters. The report also covers a snapshot on player’s business model, value chain analysis, growth drivers, Porters 5 forces analysis, impact of COVID-19 and factors governing the future outlook of industry. The report also provides comprehensive insight on the market size and segmentation of the industry. The report highlights the pain points of the electric vehicles industry along with detailed company profiles of major electric 2-wheeler and 4-wheeler brands. The report concludes with projections for future industry market size, market segmentations and analyst take on future market scenario.
Key Segments Covered in Malaysia Electric Vehicles Industry
By Type of EV
4-wheelers
2-wheelers
By Type of Electric 2-wheelers
Electric scooter
Electric motorcycle
By Type of Battery Capacity for electric 2 wheelers
<25Ah
>25Ah
By Battery Technology Type for electric 2 wheelers
Removable batteries
Non-removable batteries
By Voltage Type for electric 2 wheelers
24V
36V
48V
60V
72V
By Battery Type for electric 2 wheelers
Lithium-Ion
Sealed Lead Acid
By Brand of EV
BMW
Mercedes Benz
Honda
Volvo
Hyundai
Others
By Type of EV Technology
BEV
HEV
PHEV
By EV Class
Mid-priced
Luxury
Time Period Captured in the Report:
Historical Period: 2016-2021
Forecast Period: 2022F-2026F
Malaysia Electric Vehicles Industry Players
Electric 2 wheelers
Eclimo
Treeletrik
NIU
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Electric 4 wheelers
Honda
BMW Mercedes Benz
Volvo
Hyundai
Nissan
Porsche
Tesla
KIA
Mazda
Audi
Key Topics Covered in the Report
Ecosystem of Electric Vehicles Industry
Value Chain Analysis of Electric Vehicles Industry
Business Models of Major Entities in the Electric Vehicles Industry
Customer Preferences and Buying Decision Behavior in Electric Vehicles Industry
Market Size of Electric Vehicles Industry by Transaction Value and Sales Volume
Market Potential of Malaysia Electric Vehicles Market
Market Segmentation of Electric Vehicles Industry by type of EV, type of electric 2 wheelers, type of battery capacity, type of battery technology, type of voltage, type of EV class, type of EV technology, by type of brands, by battery type
Competitive Scenario of the Electric Vehicles Industry
Issues and Challenges in Electric Vehicles Market
Trends and Developments in the Electric Vehicles Industry
Porter’s Five Forces analysis of the Electric Vehicles Industry
Growth Drivers of Electric Vehicles Industry
Challenges and Restraints in the Electric Vehicles Industry
Government Rules and Regulations in the Electric Vehicles Industry
Impact of Covid-19 and Government Regulations on Electric Vehicles Industry
Future Market Size of Electric Vehicles Industry by Transaction Value and Sales Volume
Future Market Segmentation of Electric Vehicles Industry by type of EV, type of electric 2 wheelers, type of battery capacity, type of battery technology, type of voltage, type of EV class, type of EV technology, by type of brands, by battery type
Industry Speaks
Analyst Recommendations
Research Methodology
For more information on the research report, refer to the below link:
Malaysia Electric Vehicle Market Outlook to 2026
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This can help them identify opportunities and potential threats, so they can prepare for the present and future. MRI Research helps organizations to figure out whats happening in a given industry, including demand and supply statistics, degree of competition, state of competition with other emerging industries, future prospects considering technological changes, and external factors on the industry.
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Power Management IC’s Market Size Growth Analysis, Industry Insights and Forecast by 2025
Market Overview
The power management IC’s market will witness a healthy growth from 2019 to 2025, a research report suggests. Growing at a CAGR of 9.5%, the market is projected to reach US$46.15 billion by 2025. Increasing demand from consumer electronics is expected to support the market growth along with high demand across industry verticals. As predicted by analysts, expanding need for technically advanced manufacturing equipment will negatively affect the market’s performance from 2019 to 2025. During the forecast period, the market will be supported by an increasing need for superior power efficiency and flexibility in the design of power modules. The complexity involved in the design and development on the other hand will challenge semiconductors and electronics based organizations functioning in the global power management IC’s market. Analysts have split the market into products and applications segments based on products and services. Semiconductors and electronics based companies have been profiled. Complications in the fabrication process are set to affect the global market during the forecast period 2019 to 2025. The report also provides the market’s performance forecasts till 2025. Analysts have studied the strategy of semiconductors and electronics based organizations to help new entrants and established businesses. The semiconductors and electronics sector itself is supported by strict environmental and energy efficiency regulations as well as the need for integrated power for application-specific processors. During the forecast period 2019 to 2025, the power management IC’s market is set to witness a health growth across products and applications segments as well as regional markets.
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Regional Overview
Semiconductors and electronics based companies in the power management IC’s market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. Shifting trends in the consumer market will be a key growth driver for regional markets. However, concerns regarding costs will turn out to be a threat. For the forecast period 2019 to 2025 Each of these regional markets are studied in the report. Starting from North America, the regional market and semiconductors and electronics based companies are spread across the United States, Canada, and Mexico. The complex integration process for multi-power domain SOCs will turn out to be a major challenge from 2019 to 2025. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by favorable government policies as well as the increasing preference of consumers, suggests the report. Similarly, the semiconductors and electronics sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the power management IC’s market covers the Middle East and Africa. Forecast based on the report’s findings are presented for the forecast period till 2025.
Competitive Landscape
The global power management IC’s market research report brings a comprehensive study of products and applications market segments, regional analysis, and semiconductors and electronics based company details of key players. As the forecast period 2019 to 2025 will bring new opportunities for the market owing to the increasing awareness among consumers and growing investments across different sectors, the market is set to grow at a compound annual growth rate of 9.5% and is predicted to reach a value of US$46.15 billion by 2025. With SWOT analysis of semiconductors and electronics based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as unfavorable policies and lack of standards, companies in the semiconductors and electronics sector can change the way business is done.
Industry News
Renesas Corporation, a pioneer in the automotive chip market, reported this week that it plans to buy Dialog Semiconductor, based in the United Kingdom, for nearly $6 billion. Power management solutions from Dialog Semiconductor are common in high-demand markets including automotive, 5G, IoT, and wearable devices. The company's customized mixed-signal division, which includes power control ICs, lower power PMIC, battery management systems, and monitor PMIC, delivered $1.5 billion in revenue in 2019. Advanced mixed-signal distribution and synchronisation, as well as auto revenues, accounted for 18% and 13% of the company's total revenue in 2019.
Market Segmentation
The semiconductors and electronics sector has seen growth across products and applications segments owing to high demand across industry verticals and rapid urbanization. To study the market, analysts have further segmented products and applications into products on the basis of motor control ICs, voltage regulators, and integrated ASSP power management IC. The market is further segmented into applications which are split into automotive, consumer and wearable electronics, industrial, and telecom & networking.
The segmental analysis presented in the report provides semiconductors and electronics based organizations insights into key growth factors such as the growth of communication channels as well as challenges such as high cost due to the need for technically advanced manufacturing equipment the market will face from 2019 to 2025. Technological developments and the surging usage across different industries are some of the key factors having an influence on semiconductors and electronics based companies, suggest analysts as per the power management IC’s market report. But the report also identifies high capital expenditure and the complex integration of different components into a chip as major threats companies in semiconductors and electronics will face till 2025.
Table of Content:
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS 35
5.1.1 MANUFACTURING PHASE 36
5.1.2 SYSTEM INTEGRATION PHASE 36
5.1.3 END PRODUCT PHASE 36
5.2 PORTER’S FIVE FORCES MODEL 37
5.2.1 THREAT OF NEW ENTRANTS 38
5.2.2 BARGAINING POWER OF SUPPLIERS 38
5.2.3 THREAT OF SUBSTITUTES 38
5.2.4 BARGAINING POWER OF BUYERS 38
5.2.5 COMPETITIVE RIVALRY 38
6 GLOBAL POWER MANAGEMENT IC (PMIC) MARKET,BY PRODUCT
6.1 OVERVIEW 39
6.1.1 INTEGRATED ASSP POWER MANAGEMENT IC 39
6.1.1.1 BATTERY MANAGEMENT IC 39
6.1.1.2 ENERGY MANAGEMENT ICS 39
6.1.1.3 LED DRIVERS ICS 39
6.1.1.4 POE CONTROLLERS 40
6.1.1.5 PFC CONTROLLERS 40
6.1.1.6 HOT-SWAP CONTROLLERS 40
6.1.1.7 WIRELESS CHARGING ICS 40
6.1.2 MOTOR CONTROL IC 40
6.1.3 VOLTAGE REGULATORS 40
6.1.3.1 LOW VOLTAGE REGULATOR IC 41
6.1.3.2 HIGH VOLTAGE REGULATOR ICS 41
6.1.4 SIC 41
6.1.4.1 SIC DIODE 41
6.1.4.2 SIC MOSFET 41
6.1.5 GAN 42
6.1.5.1 GANFET 42
6.1.5.2 GAN CONTROLLERS AND DRIVERS 42
7 GLOBAL POWER MANAGEMENT IC (PMIC) MARKET, BY APPLICATION
7.1 OVERVIEW 45
7.1.1 CONSUMER AND WEARABLE ELECTRONICS 45
7.1.1.1 SMARTPHONE 45
7.1.1.2 TV 45
7.1.1.3 LAPTOP 46
7.1.1.4 SMART WEARABLES 46
7.1.1.5 CAMERAS 46
7.1.1.6 OTHERS 46
7.1.2 AUTOMOTIVE 46
7.1.3 TELECOM AND NETWORKING 47
7.1.4 INDUSTRIAL 47
7.1.4.1 POWER SUPPLIES 47
7.1.4.2 WELDING 47
7.1.4.3 RENEWABLE ENERGY AND HARVESTING 48
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Learn About LED Lighting
What are LEDs and how do they work?
LED stands for light emitting diode. LED lighting products produce light up to 90% more efficiently than incandescent light bulbs. How do they work? An electrical current passes through a microchip, which illuminates the tiny light sources we call LEDs and the result is visible light. To prevent performance issues, the heat LEDs produce is absorbed into a heat sink.
Lifetime of LED Lighting Products
The useful life of LED lighting products is defined differently than that of other light sources, such as incandescent or compact fluorescent lighting (CFL). LEDs typically do not “burn out” or fail. Instead, they experience ‘lumen depreciation’, wherein the brightness of the LED dims slowly over time. Unlike incandescent bulbs, LED “lifetime” is established on a prediction of when the light output decreases by 30 percent.
LEDs are incorporated into bulbs and fixtures for general lighting applications. Small in size, LEDs provide unique design opportunities. Some LED bulb solutions may physically resemble familiar light bulbs and better match the appearance of traditional light bulbs. Some outdoor LED light fixtures may have LEDs built in as a permanent light source. There are also hybrid approaches where a non-traditional “bulb” or replaceable light source format is used and specially designed for a unique fixture. LEDs offer a tremendous opportunity for innovation in lighting form factors and fit a wider breadth of applications than traditional lighting technologies.
LEDs and Heat
LEDs use heat sinks to absorb the heat produced by the LED and dissipate it into the surrounding environment. This keeps LEDs from overheating and burning out. Thermal management is generally the single most important factor in the successful performance of an LED over its lifetime. The higher the temperature at which the LEDs are operated, the more quickly the light will degrade, and the shorter the useful life will be.
LED products use a variety of unique heat sink designs and configurations to manage heat. Today, advancements in materials have allowed manufacturers to design LED bulbs that match the shapes and sizes of traditional incandescent bulbs. Regardless of the heat sink design, all LED products that have earned the ENERGY STAR have been tested to ensure that they properly manage the heat so that the light output is properly maintained through the end of its rated life.
LED lighting differs from incandescent and fluorescent in several ways. When designed well, LED lighting is more efficient, versatile, and lasts longer.
LEDs are “directional” light sources, which means they emit light in a specific direction, unlike incandescent and CFL, which emit light and heat in all directions. That means LEDs are able to use light and energy more efficiently in a multitude of applications. However, it also means that sophisticated engineering is needed to produce an LED bulb that shines light in every direction.
Common LED colors include amber, red, green, and blue. To produce white light, different color LEDs are combined or covered with a phosphor material that converts the color of the light to a familiar “white” light used in homes. Phosphor is a yellowish material that covers some LEDs. Colored LEDs are widely used as signal lights and indicator lights, like the power button on a computer.
In a CFL, an electric current flows between electrodes at each end of a tube containing gases. This reaction produces ultraviolet (UV) light and heat. The UV light is transformed into visible light when it strikes a phosphor coating on the inside of the bulb. Learn more about CFLs.
Incandescent bulbs produce light using electricity to heat a metal filament until it becomes “white” hot or is said to incandesce. As a result, incandescent bulbs release 90% of their energy as heat.
Why should I choose ENERGY STAR certified LED lighting products?
There are more lighting options available today than ever before. Despite that, ENERGY STAR is still the simple choice to save on your utility bills.
LED bulbs that have earned the ENERGY STAR are subject to very specific requirements designed to replicate the experience you are used to with a standard bulb—so they can be used for a wide variety of applications. As the graphic on the right demonstrates, a general purpose LED bulb that does not qualify for the ENERGY STAR may not distribute light everywhere and could prove to be a disappointment if used in a table lamp.
The potential effects of LED street light on health and the environment have been a hot topic of discussion over the last year. As this conversation has evolved, so too have many misperceptions and mischaracterizations of the facts on LEDs. We’ve assembled an array of helpful resources on the topic to help shed some light and are clarify some of the most common myths on LED streetlights.
LED streetlights are no more harmful to humans and animals than other kinds of streetlights. The concern is not the type of light source, but the amount of emitted light that falls in the short-wavelength, often referred to as the “blue” part of the spectrum. And, unlike other types of streetlights, LED streetlights actually offer the potential to control the amount of short-wavelength light that they emit.On the contrary, short-wavelength light is a fundamental component of the natural world. It’s present in sunlight and has been shown to play an important role in a number of physiological processes, such as affecting circadian rhythm (our 24-hour “biological clock” that controls sleep/wake cycles). The concern is that too much nighttime exposure to short-wavelength light may disrupt sleep patterns and have other undesirable effects.It’s true that early LED lighting products tended to have greater levels of short-wavelength content because the technology was still in its initial stages of development. Tremendous advances since then, however, mean that today’s LEDs can be designed to emit as little, or as much, short-wavelength light as desired, without excessive drop-off in efficiency or other aspects of performance. LEDs also offer much greater control over where the light falls. This means they can often meet the same illumination requirements as conventional streetlights while emitting much less light – thus reducing even further any short-wavelength content.
Floodlighting has become an important part of security for homes and businesses alike. Whether connected to a motion detector or for use to light a garden at night, flood lighting has become an integral part of security in today’s society.
Homeowners and businesses have enough to deal with in these harsh economic times than needing to worry about changing floodlights. That’s why LED Flood Light offer the client not only an exceptional dispersion of light but also a bounty of advantages, which are only available when you use LED Floodlights.
One of the best advantages of using LED Floodlights is the life expectancy; they last for thirty times longer than standard halogen floodlights. This reveals a variety of advantages: you will have more free space as you would not need to stock up on replacement halogen bulbs. Also the main power involved in swapping out defective halogen bulbs can be time consuming and expensive, especially if running a business which requires the use of floodlighting. Thus purchasing LED Floodlights works to be extremely cost effective for the client. LED Floodlights repay your investment with longer life and an exceptional reduction in electricity costs.
With rising utility prices everyone is looking to save money. Through switching to an LED Floodlights customers will see a fall in their electricity consumption and in turn bills. The LED Floodlight will consume a significantly reduced number of watts compared to a halogen Floodlight, providing the client with an exceptional visual performance as well as low cost electricity bills. LED Floodlights feature economical illumination technology. This technology is also known as Light Emitting Diodes (LED light bulbs); this allows you to have exceptional brightness with a low power consumption.
LED Floodlights have a higher lumen output than standard Floodlights. One LED Floodlight can have the same effect as two or even three standard Floodlights. This is a staggering statistic and it means that with the longer life expectancy and the exceptional brightness less room would be needed for storing your existing halogen equivalent floodlights. It also now means that security for your home and business is now affordable and is most importantly cost effective.
It is important to note when looking to install floodlights for outside use that they are IP65 rated. This means that they have been designed and tested to withstand weather conditions and are safe for outside use. This special rating of IP65 is not to be overlooked as it is essential to the performance of the light when used outside.
Portable floodlights are also available on the market and our ideal for workers at night. By incorporating a battery to floodlights workers can experience high quality LED lighting by only consuming a fraction of the electricity of an ordinary halogen floodlight. This has many advantages such as safety for the workers as a clear bright illumination. Also these would need to be IP65 rated also as even in the most testing weather conditions the clear, crisp light will continue to emit.
This article has shown the huge benefits which LED Floodlights can give compared to their halogen equivalents. So for a more cost effective approach to lighting with better lighting results, make sure you choose LED technology when you purchase your next Floodlights.
In the world of lighting, LED high bay light is a fixture that you would find in a warehouse, a factory, a gymnasium, or any large open area with relatively high ceilings. Many existing high bay lighting and low bay lighting applications utilize high intensity discharge (HID) lamps such as metal halide or high pressure sodium lamps.
Despite their widespread use, HID lamps utilize antiquated technology that costs building managers both directly and indirectly. Specifically, using HID lamps will result in: higher than necessary energy costs, frequent maintenance costs, and poor lighting performance. These issues can all be addressed by converting your existing lighting to LED.
Energy Savings
Energy savings is a primary driver behind why you should evaluate LED lighting for your building or facility. Common wattages for LED high bay fixtures can range from 95 watts to 495 watts. If we compare this wattage to a typical HID high bay fixture that same range is 175 watts to 1000 watts.
Consequently, by switching to LED lighting you are immediately reducing your energy consumption by 40%-60%. To put this in dollars, you would be saving $300 per fixture per year in electricity costs if you made the switch to LED lighting. Depending on the size of your facility this can really affect the operational balance sheet.
Maintenance Cost Reduction
By converting to LEDs you will also see a dramatic reduction in the maintenance of your high bay light fixtures. This is due to the way LEDs generate light, and the way they progress through their functional life. Instead of ceasing to function properly once a fuel source is significantly reduced, LED generated light output degrades very slowly over time. As a result, the functional life of an LED product can be significantly longer than that of a HID Lamp, therefore drastically reducing the maintenance load required.
For example, by converting conventional 400w HID high bay lighting to LED, a typical building with industrial light fixtures can save up to $5,341 over the course of three years in maintenance costs alone.
The outdoor lighting industry, as with so many other application-oriented industries, assumes that the power source is infinite and always available. This is a tribute to the reliability of the electric grid - at least in developed-world nations. It has certainly made life simpler for the lamp/lighting designers who, for the most part, are able to divorce the lamp characteristics from the energy source. The developed world is starting to learn that the power source is far from infinite.
Some companies are not waiting to see the bottom of the barrel, and are exploring alternatives that range from replacement power sources to energy demand reduction. A number of companies are developing technologies that achieve both: SolarOne Solutions' work in solar-powered solid-state lighting under the SOLED? brand name is an example of this.
Solar-powered lighting
Solar electric lighting systems do in fact connect to a truly "infinite" power source - the sun. However, as we all know, this source is intermittent. In the case of solar outdoor lighting, the power source is inversely related to the load (the lights turn on when the sun goes down). This relationship leads to an important conclusion; the system must rely on energy storage (e.g. batteries), unless it remains connected to grid.
Now in order for a solar lighting system to perform reliably, the solar panel and battery must be sized for the period of longest nights, shortest days and cloudiest weather, all of which occur at the same time each year (see figure 2). Historically, the solar industry has addressed this worst-case scenario by seeking out the most efficient lumen per watt DC lamps and over-sizing the system for the rest of the year. That translated to DC fluorescent bulbs, bigger solar panels, more batteries, higher costs and less-than-appealing appearance.
This approach confined the market for solar LED light to areas closer to the equator with highest average levels of solar irradiation and temperatures that did not affect the performance and lifetime of the DC fluorescent bulbs. It also left the markets in the higher latitudes, typically with higher per capita wealth levels and greater lighting needs rather under-served.
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With the growing deployment of electric two- and three-wheelers, on account of the increasing concerns being raised over the escalating air pollution levels, the demand for battery swapping technologies for electric two- and three-wheelers is growing rapidly. The governments of many countries are providing subsidies and various other financial incentives such as purchase rebates and tax exemptions, for promoting the deployment of electric motorcycles and scooters. For example, the Indian government has recently launched the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles II (FAME 2) scheme for promoting the use of electric vehicles in the country.
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Vietnam Electric Vehicle Charging Infrastructure Market to grow at a Significant Rate through 2026 – TechSci Research
Increase in vehicle ownership and growing need for energy-efficient commuting is expected to drive the demand for Vietnam electric vehicle charging infrastructure market for forecast period.
According to TechSci Research report, “Vietnam Electric Vehicle Charging Infrastructure Market By Vehicle Type (Two-Wheeler, Four-Wheeler, Commercial Vehicle) By Type (AC and DC) By Installed Location (Residential and Commercial) By Company, By Region, Forecast & Opportunities, 2026”, Vietnam electric vehicle charging infrastructure market is expected to witness steady growth in the next five years. Vietnam ranks among the top 15countries with worst air quality in the world which is the major driver for increase in demand for electric vehicles. Efforts towards development of electric charging infrastructure is crucial factor for widespread adoption of electric vehicles. Key players are collaborating with car service providers to integrate charging stations with existing infrastructure. Government is offering subsidies and income tax rebates to buy electric vehicles have led to significant growth of the market. Electric vehicles operating on electricity reduces the operational cost of vehicles. Increasing number of electric vehicles can affect the functionality of charging stations such as load level of transformer, load curve and amount of power generation. Also, advancements of technology in communication sector such as collecting of real-time information of all nearby electric charging stations to enhance the connectivity is expected to boost the market.
Since the onset of pandemic COVID-19, complete lockdown was imposed all around the globe. Leading authorities released a set of precautionary measures to guidelines to fight the novel coronavirus. Manufacturing units were shutdown and shortage of skilled labors was observed in Vietnam. Automotive industry took a hit and saw a decline in the market growth. After the ban of lockdown was lifted by leading authorities, companies began to start production which is expected to foster the growth of the Vietnam electric vehicle charging infrastructure market.
However, high cost involved for initial setup of fast charging infrastructure which may hamper the market growth for the forecast period.
Browse XXX Figures spread through XXX Pages and an in-depth TOC on "Vietnam Electric Vehicle Charging Infrastructure Market”.
https://www.techsciresearch.com/report/vietnam-electric-vehicle-charging-infrastructure-market/7618.html
Vietnam electric vehicle charging infrastructure market is segmented into vehicle type, type, installed location, regional distribution, and company. Based on vehicle type, market is categorized into two-wheeler, four-wheeler, and commercial vehicle. Two-wheeler electric vehicle segment is expected to account for major market share during the forecast period, 2022-2026 owing to rising awareness regarding harmful emissions from conventional fuels. Motorbike riders are searching for environment aware and affordable electric vehicles which is influencing the electric charging infrastructure market for the next five years. Motorbikes are cheaper to purchase and is more able to tackle the urban traffic jams efficiently than four-wheeler vehicles. Based on installed location, market is further bifurcated into residential and commercial. The commercial space segment is expected to dominate the electric vehicle charging infrastructure market to provide the consumers to charge their vehicle according to need and convenience. Initiatives by leading authorities and key players for expansion of electric vehicle charging infrastructure has a positive impact on the growth of the market. Over-night charging of electric vehicles at home is not sufficient for long distances, so the need for development of supportive electric vehicle charging infrastructure is expected to boost the market. Building of charging stations at malls, shopping, and apartment complexes to minimise the pressure from consumers over the concern for battery drainage to run electric vehicles. Major market players are employing a team of technicians in the capital city Hanoi to supply emergency charge if the need arises.
VinFast, Vietnam Oil & Gas Group (PVOIL), HGPT Mechanical, Electricity of Vietnam’s Central Power Corporation, Mitsubishi Motors Vietnam are the leading players operating in Vietnam electric vehicle charging infrastructure market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several electric vehicle charging infrastructure manufacturers are coming up with their technologically advanced offerings.
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“Vietnam is going through urban transformation similar to other countries in Southeast Asia’s region and people are migrating towards cities which is resulting in increasing the cases of traffic congestion during peak hours. Government is improving the public transportation networks and the demand for traffic management systems driven by artificial intelligence is on rise. Manufacturers or key players can invest to produce electric vehicles which are affordable and can provide solution to rising pollution levels in Vietnam” said Mr. Karan Chechi, Research Director with TechSci Research, a global research-based management consulting firm.
“Vietnam Electric Vehicle Charging Infrastructure Market By Vehicle Type (Two-Wheeler, Four-Wheeler, Commercial Vehicle) By Type (AC and DC) By Installed Location (Residential and Commercial) By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of Vietnam electric vehicle charging infrastructure market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of Vietnam electric vehicle charging infrastructure market.
Browse Related Reports
Vietnam Automotive Microcontrollers Market, By Vehicle Type (Passenger Cars and Commercial Vehicle), By Electric Vehicle Type (BEV, HEV, PHEV, FCEV), By Technology (Park Assist System, ACC, TPMS and Blind Spot Detection System), By Connectivity (V2V Connectivity, V2I and V2C), By Bit Size (8-Bit, 16-Bit and 32-Bit), By Application (Body Electronics, Chassis & Powertrain, Infotainment & Telematics, Safety & Security), By Company and By Geography, Forecast & Opportunities, 2025
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India Electric Vehicle Charging Infrastructure Market By Type of Charging (Direct Charging and Battery Swapping), By Location (Highways, Cities and Others), By Application (Commercial, Residential), By Charger Type (Fast Charger, Slow Charger), By Mode of Charging (Plug-in charging system, Wireless charging system), By Company and By Geography, Forecast & Opportunities, FY2027
https://www.techsciresearch.com/report/india-electric-vehicle-charging-infrastructure-market/7439.html
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#Vietnam Electric Vehicle Charging Infrastructure Market#Electric Vehicle Charging Infrastructure Market#Electric Vehicle Charging Infrastructure Market Size#Electric Vehicle Charging Infrastructure Market Share
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Unsafe Batteries in Swapping Cabinets: Embracing Safety & Growth?
With the expansion of the two-wheeler market and the advancement of technology, the battery swapping cabinet, a crucial link in the two-wheeler industry chain, is poised to embrace unprecedented growth opportunities. This prediction has sparked heated discussions in the industry, with the battery swapping cabinet sector seemingly perched on the “new wave of electric travel” and ready to take flight.
However, amidst this seemingly fertile landscape of opportunities, we must ask: Can the battery swapping cabinet industry easily seize these opportunities and achieve leapfrog growth?
Recently, the issue of over-standard batteries in battery swapping cabinets on Nanjing streets has garnered widespread attention. According to statistics, Nanjing has over 3,400 battery swapping cabinets from approximately 21 brands. Alarmingly, only six companies possess fire extinguishing facilities, and none provide 48v national standard batteries. These cabinets not only violate national regulations on electric bicycle safety technical specifications, but also pose significant safety hazards to citizens.
Firstly, it’s crucial to understand the current status and development trends of the battery swapping cabinet industry. As a vital part of the new energy industry chain, the market for battery swapping cabinets has been booming in recent years. Its market size has exceeded 200 billion, demonstrating immense potential and vast development space. This blue ocean market has attracted numerous companies.
However, growing market demand doesn’t guarantee success for all players. In the battery swapping cabinet industry, factors like product quality, technological level, and service quality directly impact a company’s competitiveness.
The incomplete fire extinguishing facilities in battery swapping cabinets reflect the technical shortcomings and lax quality supervision of some companies. Amid fierce competition, some manufacturers prioritize economic benefits, compromising product quality to cut costs and maximize profits. This shortsighted behavior not only harms operators but also poses constant safety hazards. Frequent fires in battery swapping cabinets are a direct consequence of weak technical capabilities and lax quality control. This not only disregards consumer safety but also poses a serious threat to public safety.
For operators, choosing a safe and reliable battery swapping cabinet brand is crucial.
HEXUP aware of the importance of safety, focuses on water fire protection technology in its research and development. Its new water fire protection battery swapping cabinets integrate advanced designs like intelligent battery recognition, waterproofing, and intelligent anti-theft battery locks. Incorporating water circulation fire safety technology, they effectively contain fires and ensure surrounding safety. This technological innovation not only enhances competitiveness but also sets a safety benchmark for the industry.
In conclusion, while the battery swapping cabinet industry faces immense opportunities, seizing them requires immense effort. Only by breaking through in technological innovation, safety regulation, and public awareness can we thrive in the fierce competition. Let’s eagerly await the brilliant future of this industry in the new era of electric travel, while hoping it upholds safety standards to provide safer, more reliable services to operators.
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Cold Plate Manufacturers Look Forward To The Future Of New Energy Vehicle Development
At present, many countries have introduced a timetable for banning fuel vehicles, which undoubtedly has great advantages for new energy vehicles, and injects strong impetus into the development of new energy vehicles. What is the future of new energy vehicles , The following cold plate manufacturer - Winshare Thermal analyzes for everyone.
Regarding the development of new energy vehicles, the Chinese government is undoubtedly the largest implementation effort. Prior to this, the "Energy-saving and New Energy Vehicle Industry Development Plan (2012-2020)" was issued. The plan pointed out that by 2020, my country’s pure electric vehicles and plug-in The production capacity of hybrid vehicles reached 2 million, and the cumulative production and sales exceeded 5 million. According to the statistics of liquid cold plate manufacturers, by the end of 2017, the number of new energy vehicles in my country will reach 1.53 million. According to the planned development space, the future growth rate will be even greater.
In the future, policies for new energy vehicles will be more reasonable. The plan for the withdrawal of financial subsidies for electric vehicles in 2020 has been determined, and the double-point policy for new energy vehicles will also be formally implemented soon. Measures such as expanding the sales quota for new energy vehicles, opening up new markets for shared vehicles, and improving the construction of charging facilities will continue to advance. In addition to subsidies, technical standards on the comprehensive capabilities and emissions of new energy vehicles will also be more complete. The liquid cold plate supplier also pointed out that policy innovation for new energy vehicles will be further promoted. In the future, policy guidance will be carried out from the perspectives of carbon trading system, electricity price reform, business model innovation, autonomous driving planning and layout, and diversified power sources. .
New energy vehicle technology innovation will become the focus. Pure electric and intelligent new energy vehicles are the main development directions in the future. In addition, liquid cold plate suppliers believe that the industry will further increase the research and development of fuel cell engines, and fuel-powered vehicles will become a bright spot in addition to power battery vehicles. The future of new energy vehicles will also be combined with the implementation of major artificial intelligence projects to develop intelligent networking and autonomous driving technology platforms. New energy vehicles will also evolve into mobile personal application spaces and interactive terminals. It can be seen that intelligence will be an important feature of new energy vehicles in the future.
The market for new energy vehicles is very broad. Emerging business models such as shared cars and autonomous driving leasing will see innovative developments, which will greatly promote the popularization of new energy vehicles. New energy vehicle companies will also gradually transform from a single supply of automotive products to a combination of products, services, charging, operations and other links and new business models. New energy vehicles will develop into a systemic thing.
The development of facilities related to new energy vehicles will be more complete. In terms of charging, the charging interface will further form a unified standard. The private charging piles and public charging piles in the new energy vehicle charging and swapping infrastructure construction system will maintain steady growth, the pace of construction of internal charging facilities in the unit will accelerate, and the ratio of regional vehicles will be further optimized. , The charging service platform will be integrated and developed, and at the same time, the intelligent development will be accelerated. At the same time, it can activate the application of new energy and form a good interaction with the new energy.
In general, the development of new energy vehicles will be comprehensive, not just buying a car, but a new system. Cold plate manufacturers of new energy vehicles with in-depth research on new energy vehicles believe that in the future, new energy vehicles will fully replace traditional fuel vehicles, and the speed will become faster and faster.
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The Fitbit Versa smartwatch is small, cheap and sweet
It’s tough being a fitness-tracker maker. Nike, Jawbone, and Microsoft all abandoned the market entirely. Fitbit soldiers on, but it hasn’t been easy.
It’s not that people have stopped caring about their health. It’s that little by little, smartwatches have been eating fitness bands’ lunch. So Fitbit Inc. (FIT) figured: “Well, we better make a smartwatch then!”
The first attempt, last year’s Fitbit Ionic, was a dud. It was huge. It looked like you were wearing a car door on your wrist. And it cost $300, almost as much as an Apple Watch did at the time.
Well, good news all around: Fitbit has brought forth a second smartwatch. It’s called the Versa, and it takes a sledgehammer to everything that was wrong with the Ionic.
The Fitbit Versa falls exactly halfway between fitness wristbands and full-blown wrist computers like the Apple Watch.
Size and shape
The Versa costs $200 instead of $300. Nicely done, Fitbit. (The Apple Watch 3 starts at $330 and goes up to $750.)
And instead of being big, homely, angular and wrapping halfway around your wrist, the Versa is small, sweet and unbelievably light, even though it’s made of metal (aluminum).
The 1.34-inch screen is square; the body is rounded.
The Versa is smaller and thinner than the Apple Watch. It’s slightly wider, but that’s fine �� it makes much more sense to expand along the direction that your arm goes, rather than trying to be a flat object on your curved wrist.
The Versa (left) is slightly wider, but shorter, than the 42mm Apple Watch.
Small is huge. Small means less obtrusive. Small means better suited for many women.
And small means stylish. You can get the Versa in black, silver, or peach aluminum; a “special edition” costs $30 more and comes in dark gray or rose gold. All of them look great, and you can make them look even greater by replacing the included silicone band with a leather, cloth, metal- mesh, or metal-links band.
Here’s a sampling of some of the silicone, leather, cloth, and metal bands available.
You can swap bands without tools, although it takes practice. Even after 20 minutes, I never could get the leather band to go on.
Swapping bands involves fiddling with the spring-loaded release lever.
And here’s the truly great part: Fitibt says it goes “four-plus days” on a charge, but it always under advertises battery life. My review unit is happily ticking away on Day Six. Take that, Apple Watch, which you have to charge every single night (and therefore can’t use to track your sleep)!
You charge the Versa by snapping it into a new, spring-loaded stand.
You do, however, sacrifice something for the cheaper price and smaller size: built-in GPS. The Ionic has it, the Versa doesn’t. If you want to map your runs or rides, you have to take your phone with you; the Versa’s software grabs its GPS information from the phone itself.
On the U.S. base model, you also lose Fitbit Pay, which lets you pay for things with your wrist at wireless terminals. Alas, the list of recognizable participating banks are still limited — American Express, Bank of America, Capital One, Wells Fargo, and U.S. Bank. Chase is coming soon. If your credit card comes from one of those banks, and you care about this feature, it’s available for an additional $30 on the Special Edition.
The Fitbit Versa (right) lacks the Apple Watch’s weird bulge on the bottom.
The features
The Versa’s features are mostly identical to the Ionic watch’s, although the new operating system (coming to the Ionic later this year) greatly simplifies navigation.
The Versa has water resistance down to 50 meters, swim tracking and lap counting, 2.5 gigabytes for storing music to play (over wireless earbuds), and auto-recognition of 20 different exercises. It offers guided breathing sessions when you need to relax, and optional hourly reminders to get up and move around.
When it comes to tracking your health, the Versa is a champ. It tallies your steps, calories, and distance; flights of stairs you’ve taken; minutes of exertion; continuous heart rate; and your stages of sleep, which is remarkably accurate and informative.
The touchscreen is square and colorful and very bright.
Underneath, the heart-rate sensor has a third LED light, capable of detecting how much blood oxygen you’ve got (your relative SPO2). Someday, that statistic could provide early detection for conditions like atrial fibrillation or sleep apnea, which would be a huge deal for millions of people.
(Personal sob story: My favorite Fitbit is the incredibly slim, small Fitbit Alta. It does a great job of tracking my stats, including heart rate, during the day and night. But when a foot injury drove me to switch from jogging to stationary biking, I discovered, like many others, that the Alta wouldn’t record my heart rate during exercise! It either dramatically under-reported my pulse rate, or didn’t pick up a pulse at all.
Online, many people with that problem solved it by switching to the fatter Fitbit Charge 2 band. For me, that band did much better — but still sometimes underreported compared to a Polar chest strap. I’m happy to report that the Versa’s heart-rate monitor is dead on during exercise —within a beat or two of the chest-strap’s measurement. Every time.)
You can pay $40 a year to use Fitbit Coach: guided video workouts that play on the Fitbit website or on your smartphone. (They don’t play on the watch itself, although audio-only guidance is available.) There’s a huge variety of duration and intensity, no equipment is required, and Fitbit says that the workouts adjust their intensity based on your own feedback.
Versa the smartwatch
Is the Versa, in fact, a smartwatch at all? I guess it depends on how you define that term. Smartwatches from companies like Apple and Samsung usually offer features like these:
Choice of watch faces. Maybe you like digital, or analog, or elegant, or complicated. The Versa’s app store now offers dozens of faces. Unfortunately, you have to choose them from the phone app (not on the watch) — and making a new selection involves a very slow Bluetooth transfer.
Plenty of watch faces await.
Notifications. Smartwatches can notify you on your wrist whenever one of your phone apps is trying to get your attention (you choose which apps). That’s especially useful when incoming calls and texts arrive. On the Versa, you can’t freely reply or take a call, as you can on the Apple Watch. In May, you’ll be able to respond with canned shortcut responses, but only on Android phones (not iPhones).
Music. You can load about 300 songs onto the Ionic, for playback through Bluetooth wireless earbuds when you’re working out. But you must load them from your computer using a crude Mac or Windows app called Fitbit Connect; it shows only playlists, not songs or albums. There are also Pandora and Deezer apps, but they require a paid subscription. There’s no Spotify.
Voice assistants. On real smartwatches, you can speak to Siri or the Google Assistant, and hear spoken replies. The Ionic has no speaker or microphone, so it can’t do any of that.
An app store. Fitbit’s smartwatch app store has finally begun to pick up steam. There are now about 500 apps available to install on your Versa, including Starbucks, Strava, New York Times, Weather, and so on. They’re all fairly slow and very simple.
Still to come
Fitbit is working hard to make the Versa attractive to women. Starting in May, you’ll be able to record every detail of your menstrual cycle in the Fitbit app — intensity, symptoms, and, of course, dates. Thereafter, it will display a calendar depicting your predicted period week in pink, and fertility window in blue.
Plenty of phone apps do exactly this, but having it part of the Fitbit app makes a lot of sense, because it’s tied in to all your other health stats. Eventually, the company plans to incorporate this other data (heart rate, for example) into its calculations, for even better accuracy.
A semi-smartwatch
To be clear, the Versa is not a smartwatch in the Apple Watch or Samsung Gear sense. It’s not a premium piece of jewelry that runs incredibly fast, runs thousands of apps, has a voice assistant, lets you respond to calls and texts, offers magnetic charging, have its own cellular connection, and so on.
But the Versa’s specs — five-day battery life, a $200 price tag, and small, sweet looks — define a worthy category unto itself. You’ll really like this thing.
David Pogue, tech columnist for Yahoo Finance, welcomes non-toxic comments in the Comments below. On the Web, he’s davidpogue.com. On Twitter, he’s @pogue. On email, he’s [email protected]. You can sign up to get his stuff by email, here.
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TOYOTA-SUZUKI ALLIANCE AND WHAT TO EXPECT OUT OF IT?
Toyota Motor Corporation and Suzuki Motor Corporation started a partnership in 2016 and signed an agreement in August 2019 for a capital alliance to establish and promote lengthy-term cooperation in new fields, along with electric vehicle generation and independent use. It becomes one of the most considerable collaborations within the global automobile industry.
As a joint declaration by way of the two agencies has stated, below the capital alliance, Toyota will accumulate 4.Ninety four% stake in Suzuki valued at ninety-six billion yen. At the equal time, Suzuki will buy a smaller stake (zero.21%) in Toyota worth 48 billion yen.
With India being a major vehicle marketplace and Suzuki having the lion’s proportion inside the U. S. A . Through the Maruti Suzuki emblem, it was predicted to gain the USA's biggest passenger car producer, in particular, whilst it's far aiming to seize a big bite of the EV phase in India.
Maruti Suzuki’s strength inside the access-stage and economic system class segments is widely known. Toyota motors are recognized for his or her performance and premiumness~
As in step with the Memorandum of Understanding (MoU) signed through the two Japanese vehicle giants at the global level, in the Indian market, Toyota becomes imagined to proportion the Hybrid Electric Vehicle (HEV) generation with Maruti Suzuki through nearby procurement of HEV systems, engines, and batteries. On the other hand, Suzuki changed into to supply compact automobiles evolved at the platform underpinning the Ciaz and Ertiga.
Besides that, beneath the Toyota-Suzuki partnership, Toyota turned into alleged to develop a C-segment MPV in India with Suzuki’s knowledge and supply the Toyota Corolla sedan. Also, it became said that Toyota might manufacture a move-badged model of Vitara Brezza compact SUV at Toyota Kirloskar Motor’s plant in Karnataka.
Now, after 12 months of the statement, where do they stand inside the Indian marketplace?
Toyota Kirloskar Motor (TKM) has been promoting the Glanza top class hatchback within the Indian market for the remaining 15 months, which is the cross-badged version of Maruti Suzuki Baleno.
Toyota Kirloskar Motor (TKM) has been selling the Glanza top class hatchback within the Indian market for the closing 15 months, which is the go-badged model of Maruti Suzuki Baleno.
What Toyota Kirloskar Motor was given?
Toyota Kirloskar Motor (TKM) has been selling the Glanza top rate hatchback in the Indian market for the remaining 15 months, which is the go-badged model of Maruti Suzuki Baleno. TKM is now geared up to release its second pass-badged product Urban Cruiser, which is primarily based on the Maruti Suzuki Vitara Brezza.
According to the final 15 month’s statistics posted through the Society of Indian Automobile Manufacturers (SIAM), TKM bought 26,764 gadgets of Glanza within the domestic market, which means that around 1,784 devices of the car have been sold consistent with month. On the alternative hand, Maruti Suzuki has registered a hundred and eighty,520 devices of Baleno in this period, around 12,034 units sold each month inside the home marketplace.
While the ratio difference between Toyota Glanza and Maruti Suzuki Baleno is quite large at 1:7, Glanza has helped TKM to enhance its sales inside the Indian marketplace. As the automaker said closing 12 months, around 1/2 of the Glanza buyers have been first-timers.
N Raja, former deputy MD of Toyota Kirloskar Motor, stated in a previous interview that the pass badging of the auto gave the corporation new platforms to have interaction with each new and existing additional clients. He also said, “Toyota Kirloskar Motor wants to advantage clients for lifestyles, and the go-badging approach might be leveraged to benefit greater of them at a degree in advance than they enter into the Toyota fold in different segments now.”
Avik Chattopadhyay, an automobile industry professional and former head of advertising, product making plans, and PR at Volkswagen India, believes that “the Baleno being badged as the Glanza has worked so long as the previous has a waiting period and the Toyota variation is not available inside the Suzuki portfolio. The performance of Vitara Brezza and Urban Cruiser might be thrilling to observe, in particular in those attempting instances when normal client sentiment is down.”
According to Chattopadhyay, the “badge engineering” will help Toyota greater than Maruti Suzuki.
After the failures of models like Etios, Liva, and Yaris in India, that is the most efficient manner for Toyota to enlarge its portfolio into lower charge bands, wherein Maruti Suzuki has excelled for decades. The Toyota network, already worthwhile with Innova and Fortuner, will grow profits from those new products like Glanza and the approaching Urban Cruiser.
Naveen Soni, Senior VP - Sales and Services, Toyota Kirloskar Motor, stated, “The all-new Toyota Urban Cruiser will assist us with our foray into the compact SUV space and strengthen our presence within the SUV section, that is witnessing extended call for inside the Indian marketplace.”
He additionally delivered, “TKM is studying to boost localization of car additives and elements in the guide of ‘Atmanirbhar Bharat’ or the Self-Reliant initiative. Under the alliance, Toyota and Suzuki stay dedicated to selling the vast adoption of less gasoline-eating vehicles, such as electrified vehicles to assist India to reduce its environmental footprint and beautify strength security.”
According to experts, it's far nonetheless early to mention how the worldwide partnership will get to the bottom of in India; but given the importance of the Indian market to each the automakers, TKM and Maruti may be extraordinarily cautious no longer to disillusioned present structures and disrupt a nicely-oiled commercial enterprise machine.
According to experts, it's far still early to say how the worldwide partnership will unravel in India; but given the significance of the Indian market to both the automakers, TKM and Maruti might be extremely cautious no longer to dissatisfied present systems and disrupt a nicely-oiled commercial enterprise device.
What’s in it for Maruti Suzuki?
While, it became stated that Maruti Suzuki could acquire the hybrid generation from Toyota, underneath the global Toyota-Suzuki partnership, the primary carmaker of India in terms of sales volume continues to be the usage of the Smart Hybrid Vehicle through Suzuki (SHVS) technology across lots of its automobiles.
So a long way, there's no try to launch a go-badged version by means of Maruti Suzuki as nicely, underneath the Toyota-Suzuki partnership.
In this situation, what’s the benefit Maruti Suzuki is reaping from this partnership apart from selling the motors to Toyota Kirloskar Motor?
Toyota, as an emblem in India, is famed for its pleasant, sturdiness, and reliability. Similarly, Maruti Suzuki’s consider and familiarity as a result of its extensive community and fee for cash positioning is the excellent of each world for customersHarshvardhan Sharma, Head, Automotive Retail Practice, Nomura Research Institute
According to specialists, it is nevertheless early to say how the worldwide partnership will resolve in India; however given the importance of the Indian market to both the automakers, TKM and Maruti may be extremely cautious now not too disappointed present systems and disrupt a properly-oiled enterprise device.
As Avik Chattopadhyay said, “As character agencies, it's far a symbiotic courting as Toyota gains from dipping into Maruti Suzuki’s product plan at the same time as the latter has got admission to Toyota’s powertrain, new electricity solutions, and manufacturing engineering.”
He believes that over a time frame, Maruti Suzuki’s destiny product portfolio would be decided particularly through Toyota from a worldwide angle. “It does now not make the experience for Maruti Suzuki to spend money one after the other on developing new energy solutions like electric, fuel cellular and hybrid at the same time as Toyota can right away pick out from the present Maruti Suzuki strengths of product portfolio, petrol engines and CNG,” Chattopadhyay said. “I foresee that Maruti Suzuki will get lower back into diesel alternatives the usage of Toyota’s powertrains,” he said. Toyota is thought for its dominance in the huge automobile segment like Innova Crysta, Fortuner, and many others, with diesel attributing the lion’s percentage for the sale of these cars.
Maruti Suzuki, in spite of being targeted on small petrol models, has not ruled out the danger of promoting huge diesel cars in this BS-VI technology. Talking to ETAuto at some point in an interview, Shashank Srivastava, Executive Director - Marketing and Sales, Maruti Suzuki India Limited, said, “Maruti Suzuki is open for launching BS-VI - compliant large diesel vehicles in India.”
On the Toyota-Suzuki partnership, badge-swapping method and Maruti Suzuki’s potential advantage from this, Harshvardhan Sharma, Head - Automotive Retail Practice, Nomura Research Institute, stated, “Swapping badges feels like an excellent proposition. Toyota, as a logo in India, is renowned for its great, durability and reliability. Similarly, Maruti Suzuki’s accept as true with and familiarity attributable to its substantial community and price for cash positioning are high-quality of both worlds for customers.”
Maruti Suzuki declined to touch upon this in the mail despatched with the aid of ETAuto.
Toyota Urban Cruiser is the go-badged version of the Maruti Suzuki Vitara Brezza compact SUV.
Toyota Urban Cruiser is the pass-badged model of the Maruti Suzuki Vitara Brezza compact SUV.
Is India ready for move-badged automobiles?
Cross-badging inside the automobile enterprise is nothing new. Several corporations had been doing this for decades internationally, depending on wherein which logo is robust. In India too, examples of cross-badging of motors are lots: Morris Oxford as HM Ambassador, City Rover as Tata India, Subaru Forester as Chevrolet Forester, Nissan Micra and Renault Pulse, Volkswagen Vento and Skoda Rapid, Daewoo Matiz as Chevrolet Spark, Renault Duster and Nissan Terrano, Renault Logan and Mahindra Verito, Fiat 1100D and Premier Padmini and many others.
Among a lot of these, Volkswagen Vento and Skoda Rapid are on sale now. Whenever one vehicle turned into released with pass badging in India, the opposite one becomes additionally on sale. There turned into a cannibalization issue and certainly, one of them became affected significantly. Take the instance of Nissan Micra and Renault Pulse. Micra becomes more famous and offered more models than the Pulse. Both the models are discontinued in India now.
In the latest past too, Renault Duster and Nissan Terrano, the 2 models that share the equal platform and several components as a result of move-badging via the automakers’ international alliance, noticed cannibalization. The Renault Duster is still in the enterprise, while the Nissan Terrano has been discontinued in advance this 12 months because of low sales quantity.
So a long way, the go-badging strategy of the automakers, wherein each the models sell simultaneously, didn’t paintings in India. With the Toyota Glanza on sale along Maruti Suzuki Baleno and the imminent Urban Cruiser to be sold in the equal section of Maruti Suzuki Vitara Brezza, what will be the destiny of these go-badged fashions, in the end, remains a query.
With sizeable updates and the creation of the latest versions that are not to be had in the original model can help the pass-badged models. But, will that fulfillment preserve ultimately? That will display whether or not the Indian marketplace is ready for go-badging or no longer.
Cross-badging will advantage Toyota in economy class
Maruti Suzuki’s energy within the access-degree and financial system class segment are well known, even as Toyota vehicles are known for overall performance, premiums.
In that case, the pass-badging in favor of Toyota might be restrained to access-degree and financial system instructions best. The moment it comes to overall performance and premium fashions for a purchaser, it is going to be Toyota fashions.
Suzuki is excellent at generating medium and smaller cars. On the opposite hand, we're appropriate in electrification, with Hybrid and other electrified technologyNaveen Soni, Sr. VP - Sales & Services, Toyota Kirloskar Motor
As Naveen Soni said, “With our present tie-up, we intend to bolster the competitiveness of both the companies by making use of our robust points and getting to know each other. Such important tie-America will pave the manner for the creation of aggressive and cutting-edge merchandise and technologies in India, giving customers numerous picks of products to meet their evolving needs and expectations.”
Given the fact that the Indian market has been charge-touchy and the contemporary COVID-19 pandemic has again caused humans to chorus from spending on discretionary objects, the small vehicles are the brand new huge ones. In that case, Toyota should benefit from the automobile-sharing with Maruti Suzuki, if it opts for the alternative models inside the small car segment.
This is meditated in Naveen Soni’s words, who stated, “Between Toyota and Suzuki, Suzuki is superb at generating medium and smaller automobiles. On the opposite hand, we are properly in electrification, with Hybrid and different electrified generation. Our synergy will yield incredible price to the auto industry in India in destiny.”
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