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epowerie · 1 year ago
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EV Home Charger: A Comprehensive Guide Backed by June 2023 Vehicle Licensing Statistics
Are you contemplating the switch to an electric vehicle (EV) and pondering the benefits of an EV home charger? This article is your comprehensive guide, backed by the most recent data on vehicles licensed for the first time in June 2023. We delve into the rising trend of electric and plug-in hybrid vehicles in Ireland, offering insights on how you can gain from owning an EV. Continue reading to uncover these key statistics and make a well-informed decision about your upcoming car purchase.
ePower, a leading provider of home charging solutions with ongoing support nationwide, understands the increasing demand for convenient and efficient EV charging. As the EV market continues to grow in Ireland, having a reliable home charging setup becomes essential. In partnership with ePower, we'll explore the advantages of owning an EV home charger, ensuring that you have all the information you need to make a well-informed decision about your upcoming car purchase. Continue reading to uncover these key statistics and discover how an EV home charger can supercharge your electric driving experience.
Key Findings from the CSO survey on EVs:
The count of new cars licensed in June 2023 witnessed an impressive surge of 1,810 vehicles (48%) compared with the same month in 2022.
In the initial six months of 2023, electric vehicles made up 19% of all new cars licensed for the first time, marking an increase from 13% during the same period in 2022.
The number of new plug-in hybrid electric (PHEV) cars licensed in the first half of 2023 registered a 23% growth compared with the corresponding period in 2022.
More than a quarter (27%) of the new cars licensed in the first half of the year were PHEV or EV, compared with just over one-fifth (22%) diesel and 35% petrol.
The proportion of new diesel cars licensed has dropped from 27% in the same period in 2022 and from 48% in 2019.
The number of used (imported) cars licensed in the first half of 2023 experienced a 5% growth compared with the same period in 2022.
Tesla emerged as the most popular brand of new private cars licensed in June 2023.
Why Choose an EV and a Home Charging Solution:
As the popularity of electric vehicles continues to soar, here are compelling reasons for you to consider owning an EV:
Environmental Benefits: EVs produce zero tailpipe emissions, helping reduce air pollution and combat climate change.
Cost Savings: EVs have lower operating costs than traditional gasoline-powered cars, including lower fuel and maintenance expenses.
Government Incentives: Many governments offer incentives such as tax credits and grants to stimulate the adoption of electric vehicles.
Improved Technology: EVs are continuously evolving, with advancements in battery technology, range, and charging infrastructure.
Convenient Charging: Installing an EV home charger lets you conveniently charge your vehicle overnight, ensuring it is ready for your daily commute.
How to Get Started with your new EV Journey.
If you're ready to transition to an electric vehicle and install an EV home charger, follow these steps:
Research EV Models: Explore different EV models available in the market and consider factors such as range, charging options, and features.
Calculate Cost Savings: Use online calculators to estimate the cost savings of owning an EV compared to a traditional car.
Find Charging Infrastructure: Check the availability of public charging stations in your area and plan your charging needs for longer trips.
Install an EV Home Charger: Engage a certified electrician to install an EV home charger at your residence for the convenience of charging your vehicle overnight.
Enjoy the Benefits: Start reaping the benefits of owning an EV, including lower fuel costs, reduced emissions, and a quieter driving experience.
Choosing the Best EV Home Charger:
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Making an informed decision on the best EV home charger for your needs involves several considerations. Here are some steps to guide you:
Understand Charging Levels: There are two primary home charging levels – Level 1 and Level 2. Level 1 charging utilises a standard household outlet and provides about 2-5 miles of range per hour, whereas Level 2 charging requires a dedicated circuit and offers roughly 20-60 miles of range per hour. If you frequently make long trips or have limited time for charging, a Level 2 charger would be beneficial.
Check Compatibility: Ensure that the home charger you choose is compatible with your electric vehicle model. Most chargers work with a variety of EVs, but it's always wise to confirm.
Consider Smart Chargers: Smart chargers have advanced features like energy tracking, scheduled charging, and integration with smartphone apps. These features provide you with more control over your vehicle's charging process.
Evaluate Installation Costs: Installation costs can vary largely based on your home's existing electrical system. You may need to upgrade your home wiring or add a new circuit, which will increase the overall cost.
Factor in Incentives: Look for any available government incentives or manufacturer deals that could help offset the cost of the charger and its installation.
Quality and Safety: Choose a charger from a reputable manufacturer that meets all necessary safety standards. It's also a good idea to look for a charger with robust weatherproofing if you plan to install it outside.
By taking these factors into account, you'll be able to choose an EV home charger that perfectly fits your needs and enhances your electric vehicle experience.
Don’t forget ePower’s Home Charging solutions for your new EV!
When it comes to choosing an EV home charger, ePower offers a range of cutting-edge solutions that cater to your specific needs. Their lineup includes Level 1 and Level 2 chargers, ensuring you have options that align with your daily driving requirements.
ePower's chargers are designed with compatibility in mind. They work seamlessly with various electric vehicle models, providing you with the flexibility you need as EV technology continues to evolve.
Opting for a smart charger from ePower means you can take advantage of features like energy tracking, scheduled charging, and remote control through their user-friendly smartphone app. This level of control not only enhances your charging experience but also allows you to maximize energy efficiency.
While evaluating installation costs, ePower provides professional installation services to ensure your charger is set up correctly and safely. They can assess your home's electrical system and provide an accurate estimate of any required upgrades or circuit additions.
Additionally, it's worth noting that ePower stays up-to-date with available government incentives and manufacturer deals, helping you find cost-saving opportunities to offset the charger and installation expenses.
Finally, ePower prioritises quality and safety. Their chargers are sourced from reputable manufacturers and meet all necessary safety standards. Plus, they are designed to withstand various weather conditions, making them suitable for both indoor and outdoor installations.
By considering these factors and exploring ePower's range of home charging solutions, you'll be well-equipped to choose the perfect EV home charger that enhances your electric vehicle experience while ensuring the convenience and reliability you deserve.
Conclusion:
The growing number of electric and plug-in hybrid vehicles licensed in Ireland underscores the increasing popularity and benefits of owning an EV. By switching to an electric vehicle and installing an EV home charger, you can contribute to a greener future while enjoying significant cost savings and convenience. For more detailed statistics on vehicles licensed for the first time in June 2023, visit the Central Statistics Office (CSO) website. Take the first step towards sustainable transportation and join the EV revolution today!
Interested in discovering more about the benefits of an EV Home Charger? Click here to enhance your knowledge with ePower, a renowned source for comprehensive information on electric vehicles and their associated technology. From understanding the nitty-gritty of EV charging to unearthing ways to maximise cost savings, ePower offers an in-depth exploration of EV Home Chargers, helping you make an informed decision for your sustainable transportation journey.
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sueheaven · 1 year ago
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EV Charging Infrastructure Market is set for a Potential Growth Worldwide: Excellent Technology Trends with Business Analysis
Latest business intelligence report released on Global EV Charging Infrastructure Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand EV Charging Infrastructure market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis are:
Mojo Mobility (United States)
EVgo Services LLC (United States)
ABB Group (Switzerland)
Schneider Electric SE (France)
Chargemaster Plc (United Kingdom)
Siemens AG (Germany)
Tata Power (India)
Delta Electronics, Inc. (Taiwan)
GENERAL ELECTRIC (United States)
ChargePoint (United States)
The EV charging infrastructure is electrical source that recharge the depleted battery of an electric Vehicle with the help of the Electric Vehicle Supply Equipment or EVSE. Electric vehicle owners can charge their vehicle at home using home chargers or at the electric vehicle charging stations installed at public places such as shopping centres, parking spaces. These infrastructures are being frequently developed within the city limits, which is benefiting the customers to charge their cars at high speed with reduced time and cost. The growth of electric vehicles offers an opportunity to transform the transportation sector. Key Market Trends: Innovation in Automobiles Inventing High Power Electric Vehicle
Stringent Pollution-Control Policies
Opportunities: Increasing Demand for Electric Vehicles
Infrastructural Development in Emerging Economies
Market Growth Drivers: Increasing Consumption of Automobiles with Hybrid and Battery Power Challenges: High Cost of Equipment and Installation The Global EV Charging Infrastructure Market segments and Market Data Break Down by Type (AC, DC, Wireless), Application (Commercial, Residential), Installation Type (Single Family, Multi Family, Public), Charger Classifications (Level 1 (120 Volt Charging), Level 2 (208/240 Volt Charging), DC Fast Charge (DCFC))
Presented By
AMA Research & Media LLP
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delvens-blog · 2 years ago
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Electric Vehicle (EV) Charger Market: BP Chargemaster, ChargePoint, Inc., ClipperCreek, Inc., Eaton Corp.,General Electric Company
Electric Vehicle (EV) Charger Market research survey offers an inclusive evaluation of the market and includes crucial future predictions, industry documentations and market reality. This report reveals a comprehensive study of the collected information, with key players, sellers, and market dealers, along with key aspects influencing the market. The Electric Vehicle (EV) Charger Market research study examines the international and regional breakdown of the industry and its uniqueness, market shares, trends, outlines, industry classifications, and the constantly transforming global market ecosystem. The Electric Vehicle (EV) Charger Market research report provides profits predictions and geographic regions of the organization. The study purposes are to present the product development in North America, China, Europe, South East Asia, Japan, and in the rest of the world. The global EV Charger Market size of 25.15 billion USD in 2022 is projected to reach a CAGR of 30.6% from 2023-2030.
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The prominent players in Electric Vehicle (EV) Charger Market are
AeroVironment, Inc.
ABB
BP Chargemaster
ChargePoint, Inc.
ClipperCreek, Inc.
Eaton Corp.
General Electric Company
Leviton Manufacturing Co., Inc.
SemaConnect, Inc.
Schneider Electric
Siemens AG
Tesla, Inc.
Webasto SE
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Electric Vehicle (EV) Charger Market Overview
Electric vehicle (EV) chargers are utilized to supply charging to EVs equipped with batteries and the electrical source that aids in battery charging. These vehicles can be charged at one of three charging levels, namely level 1, level 2, and level 3. Electric vehicles are less expensive than traditional petrol/diesel cars in terms of purchase price as well as maintenance costs. The harmful gas-containing carbon footprints that are discharged into the atmosphere are decreased by electric automobiles.
Government restrictions to reduce environmental pollution, a rise in the market share of electric vehicles, and a surge in government initiatives to provide infrastructure for electric vehicle charging are some of the key factors influencing the growth of the electric vehicle charger market. The market is also significantly impacted by the small number of EV charging stations, the lack of EV charging standards, the surge in demand for luxury and feature-equipped cars, and wireless charging for EVs. Each of these elements is expected to have a significant impact on the market for electric vehicle chargers. The way EV owners use and profit from electric car charging applications is anticipated to alter as a result of technology advancements in both electric vehicle charging hardware and software.
The COVID-19 pandemic has had a moderate impact on the EV charging industry. The demand for EV chargers ad EV charging stations increased after the pandemic because of the increasing demand for EVs and Incentives provided by the government worldwide for the manufacturing of EV chargers. EVs are anticipated to continue receiving a lot of attention as governments around the world concentrate on developing a stronger and more resilient economy to come out of the pandemic.
Delvens Industry Expert's Standpoint
The market for electric vehicle chargers is expanding as a result of governments enforcing ever-stricter laws to reduce environmental pollution. It is crucial for automakers to switch to cutting-edge technology that lower vehicle emission levels since numerous governments have imposed strict government rules to minimize dangerous vehicular emissions. Green energy is also anticipated to be a major factor in both public and private electric vehicle charging stations. Carbon emissions are the main issue for EV owners. Companies are quickly developing their electric vehicle charging networks' charging technologies to solve these worries.
Electric Vehicle (EV) Charger Market Key Findings
The charger type segment is segmented into the Plug-in Hybrid Vehicle (PHEV), Battery Electric Vehicle (BEV), and Hybrid Electric Vehicle (HEV). The plug-in hybrid vehicle (PHEV) segment dominated the global EV charger market in 2022 based on the type of vehicle. One of the main factors that contributed to the PHEV segment's domination in the global market was the growing number of government programs to promote the sales of electric vehicles. During the projection period, the battery-electric vehicle (BEV) segment is predicted to experience the greatest growth rate. BEVs are more prevalent on the market than PHEVs. In the upcoming years, it is anticipated that the sales of BEVs will be fueled by technological breakthroughs in batteries and steadily falling battery prices, which will increase demand for EV chargers.
The charging type segment is further segmented into On-board Charger, and Off-board Charger. In 2022, the onboard chargers market held the majority of the worldwide EV charger market share. Due to their ability to be used with easily available AC power, onboard chargers are becoming more and more popular all over the world. Off-board chargers are becoming more popular because of their capacity to charge electric vehicle batteries quickly. In the upcoming years, it's anticipated that the rise of public charging stations would accelerate the off-board charger market's expansion.
The end-user segment is further fragmented into the residential and commercial segments. In 2021, the residential sector dominated the market for EV chargers globally. The residential segment of the EV charger market has expanded as a result of the increased use of onboard chargers in residential buildings around the world. During the projected period, the commercial segment is anticipated to increase at the fastest rate. This is due to the rise in the quantity of charging stations in public areas. The primary factors anticipated to propel the expansion of this market in the near future are the expanding government efforts and the expanding corporate investments in the construction of EV charging infrastructure around the world.
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Electric Vehicle (EV) Charger Market Regional Analysis
Asia Pacific to Dominate the Market
In 2021, the market for EV chargers was dominated by Asia Pacific. The market for EV chargers in the Asia Pacific region is primarily driven by the expansion of EV charging infrastructure and rising interest in electric vehicles.
The EV charger market is expanding thanks to China and India. To encourage the use of electric vehicles in the nation, growing economies like China, South Korea, and Japan intend to increase the number of charging stations.
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Increase your understanding of the market for identifying the best and most suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
Gain authentic and granular data access for EV Charger Market so as to understand the trends and the factors involved in changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Electric Vehicle (EV) Charger Market: Table of Contents
EV Charger Market is segmented into various segments such as vehicle type, charging type, end user, and region:
On the basis of Vehicle Type
Plug-in Hybrid Vehicle (PHEV)
Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
On the basis of the End User
Residential
Commercial
On the basis of the Charging Type
On-board Charger
Off-board Charger
On the basis of the distribution channel
Supermarkets & Hypermarkets
Convenience Stores
Pharmacy & drugstore
Online
Others
On the basis of geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East and Africa
South America
Brazil
Chile
Argentina
Rest of South America
Browse Full Report: https://www.delvens.com/report/electric-vehicle-ev-charger-market-trends-forecast-till-2030
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newstfionline · 6 years ago
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The Homeless Crisis Is Getting Worse in America’s Richest Cities
Bloomberg, November 20, 2018
It was just after 10 p.m. on an overcast September night in Los Angeles, and L. was tired from a long day of class prep, teaching, and grading papers. So the 57-year-old anthropology professor fed her Chihuahua-dachshund mix a freeze-dried chicken strip, swapped her cigarette trousers for stretchy black yoga pants, and began to unfold a set of white sheets and a beige cotton blanket to make up her bed.
But first she had to recline the passenger seat of her 2015 Nissan Leaf as far as it would go--that being her bed in the parking lot she’d called home for almost three months. The Late Show with Stephen Colbert was playing on her iPad as she drifted off for another night. “Like sleeping on an airplane--but not in first class,” she said. That was in part by design. “I don’t want to get more comfortable. I want to get out of here.”
L., who asked to go by her middle initial for fear of losing her job, couldn’t afford her apartment earlier this year after failing to cobble together enough teaching assignments at two community colleges. By July she’d exhausted her savings and turned to a local nonprofit called Safe Parking L.A., which outfits a handful of lots around the city with security guards, port-a-potties, Wi-Fi, and solar-powered electrical chargers. Sleeping in her car would allow her to save for a deposit on an apartment. On that night in late September, under basketball hoops owned by an Episcopal church in Koreatown, she was one of 16 people in 12 vehicles. Ten of them were female, two were children, and half were employed.
The headline of the press release announcing the results of the county’s latest homeless census strikes a note of progress: “2018 Homeless Count Shows First Decrease in Four Years.” In some ways that’s true. The figure for people experiencing homelessness dropped 4 percent, a record number got placed in housing, and chronic and veteran homelessness fell by double digits. But troubling figures lurk. The homeless population is still high, at 52,765--up 47 percent from 2012. Those who’d become homeless for the first time jumped 16 percent from last year, to 9,322 people, and the county provided shelter for roughly 5,000 fewer people than in 2011.
All this in a year when the economy in L.A., as in the rest of California and the U.S., is booming. That’s part of the problem. Federal statistics show homelessness overall has been trending down over the past decade as the U.S. climbed back from the Great Recession, the stock market reached all-time highs, and unemployment sank to a generational low. Yet in many cities, homelessness has spiked.
It’s most stark and visible out West, where shortages of shelter beds force people to sleep in their vehicles or on the street. In Seattle, the number of “unsheltered” homeless counted on a single night in January jumped 15 percent this year from 2017--a period when the value of Amazon.com Inc., one of the city’s dominant employers, rose 68 percent, to $675 billion. In California, home to Apple, Facebook, and Google, some 134,000 people were homeless during the annual census for the Department of Housing and Urban Development in January last year, a 14 percent jump from 2016. About two-thirds of them were unsheltered, the highest rate in the nation.
At least 10 cities on the West Coast have declared states of emergency in recent years. San Diego and Tacoma, Wash., recently responded by erecting tents fit for disaster relief areas to provide shelter for their homeless. Seattle and Sacramento may be next.
The reason the situation has gotten worse is simple enough to understand, even if it defies easy solution: A toxic combo of slow wage growth and skyrocketing rents has put housing out of reach for a greater number of people. According to Freddie Mac, the government-sponsored housing giant, the portion of rental units affordable to low earners plummeted 62 percent from 2010 to 2016.
Rising housing costs don’t predestine people to homelessness. But without the right interventions, the connection can become malignant. Research by Zillow Group Inc. last year found that a 5 percent increase in rents in L.A. translates into about 2,000 more homeless people, among the highest correlations in the U.S. The median rent for a one-bedroom in the city was $2,371 in September, up 43 percent from 2010. Similarly, consultant McKinsey & Co. recently concluded that the runup in housing costs was 96 percent correlated with Seattle’s soaring homeless population. Even skeptics have come around to accepting the relationship. “I argued for a long time that the homelessness issue wasn’t due to rents,” says Joel Singer, chief executive officer of the California Association of Realtors. “I can’t argue that anymore.”
Homelessness first gained national attention in the 1980s, when declining incomes, cutbacks to social safety net programs, and a shrinking pool of affordable housing began tipping people into crisis. President Ronald Reagan dubiously argued that homelessness was a lifestyle choice. By the mid-2000s, though, the federal government was taking a more productive approach. George W. Bush’s administration pushed for a “housing first” model that prioritized getting people permanent shelter before helping them with drug addiction or mental illness. Barack Obama furthered the effort in his first term and, in 2010, vowed to end chronic and veteran homelessness in five years and child and family homelessness by 2020.
Rising housing costs are part of the reason some of those deadlines were missed. The Trump administration’s proposal to hike rents on people receiving federal housing vouchers, and require they work, would only make the goals more elusive. Demand for rental assistance has long outstripped supply, leading to yearslong waits for people who want help. But even folks who are lucky enough to have vouchers are increasingly struggling to use them in hot housing markets. A survey by the Urban Institute this year found that more than three-quarters of L.A. landlords rejected tenants receiving rental assistance.
It’s not bad everywhere. Houston, the fourth-most-populous city in the nation, has cut its homeless population in half since 2011, in part by creating more housing for them. That’s dampened the effect of rising rents, Zillow found. Meanwhile, the nonprofit Community Solutions has worked with Chicago, Phoenix, and other cities to gather quality, real-time data about their homeless populations so they can better coordinate their interventions and prioritize spending. The approach has effectively ended veterans’ homelessness in eight communities, including Riverside County in California.
Efficiency can go only so far. More resources are needed in the places struggling the most with homelessness. McKinsey calculated that to shelter people adequately, Seattle would have to increase its outlay to as much as $410 million a year, double what it spends now. Still, that’s less than the $1.1 billion the consultants estimate it costs “as a result of extra policing, lost tourism and business, and the frequent hospitalization of those living on the streets.” Study after study, from California to New York, has drawn similar conclusions. “Doing nothing isn’t doing nothing,” says Sara Rankin, a professor at Seattle University’s School of Law and the director of the Homeless Rights Advocacy Project. “Doing nothing costs more money.”
Then there’s the moral argument for action. “It’s outrageous to me that in a country with so much wealth--and certainly enough for everybody--that there are people who lack even the basics for survival,” says Maria Foscarinis, founder and executive director of the National Law Center on Homelessness & Poverty. Appeals to humanity were part of the strategy in the 1980s, when she and other activists helped push through the first major federal legislation to fight homelessness. Her organization has led a charge against laws that make it a crime to sleep outside in public places, one of the more insidious ways politicians have addressed the crisis. In July the U.S. Court of Appeals for the Ninth Circuit affirmed the unconstitutionality of such bans in a case that Foscarinis’s group--along with Idaho Legal Aid Services and Latham & Watkins--brought against two such ordinances in Boise. “As long as there is no option of sleeping indoors, the government cannot criminalize indigent, homeless people for sleeping outdoors, on public property, on the false premise they had a choice in the matter,” the court wrote. The ruling has led cities, including Portland, Ore., and Berkeley, Calif., to change their policies.
To placate angry constituents, officials too often settle for temporary solutions, such as sweeps of tent encampments and street cleaning. San Francisco Mayor London Breed recently scored some publicity, carrying a broom out to the “dirtiest” block in the city for a photo op with the New York Times. In other places, there’s simply a vacuum of leadership coordinating the patchwork of agencies, nonprofits, and religious organizations trying to help. After reporting intensively for a year on homelessness in the Puget Sound region, the Seattle Times put it bluntly: “No one is in charge.”
Meanwhile, the businesses responsible for much of the area’s economic fortunes, as well as rising housing costs, have been slow to throw their weight behind solutions. Amazon CEO Jeff Bezos recently earmarked a portion of his $2 billion philanthropic pledge for homeless services--only months after his company fought aggressively to beat back a modest tax on large employers in Seattle that would have raised less than $50 million a year for the same.
Blaming people who are trying to get back on their feet is probably the least productive way to solve the crisis. Consider Mindy Woods, a single mother and U.S. Navy veteran who lives in a Seattle suburb. In 2010 she developed autoimmune diseases that made her chronically tired and caused so much pain she struggled to work at the insurance company where she’d been selling disability policies. “I was just a mess,” she says. “I had to quit my job.” To help pay rent for the apartment where she lived with her son, she babysat, watched neighbors’ pets, and led a Camp Fire youth group. Still, she and her son ended up having to leave the apartment because of a serious mold infestation, kicking off an eight-month period when they couch-surfed and spent time in a motel and shelter. It was a challenge just to refrigerate her son’s diabetes medicine.
They eventually were accepted into a transitional apartment, where they stayed for 3½ years. But in 2015 her landlord stopped accepting vouchers. Woods had to race to find another apartment owner who’d take her voucher before it lapsed. Application after application got rejected. “The discrimination was alive and well,” she says. Another eight months passed. When she finally found an apartment, there wasn’t room for her son. They had no choice but to separate, and he now lives nearby. Woods bristles when people blame the homeless for their predicament. “This is not about drugs, this is not about mental illness, this is not about lazy people,” she says. “We were doing everything we could to stay in houses.”
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phoenixx-news · 3 years ago
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Half of all UAE residents consider switching to electric vehicles, survey finds
Twenty-five per cent are waiting for more EV options to be launched to make a purchase, according to Audi Abu Dhabi
About 52 per cent of UAE residents are considering switching to hybrid or electric vehicles as the increase in fuel prices is impacting the way consumers are thinking about their means of transportation, according to a survey by Audi Abu Dhabi.
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Twenty-five per cent of people surveyed are waiting for more EV options to be launched before making a purchase, the research, which polled 1,000 residents in the UAE, found.
“Interest in EVs has continued to grow organically over time, however increasing petrol prices has certainly accelerated the shift in consumers’ attitude towards EV adoption,” said Mark Austin, Audi Abu Dhabi general manager.
“When considering energy efficiency across the full lifecycle of producing, transporting and using fuel — typically referred to as “well to wheel” — electric vehicles offer high efficiency and the lowest carbon emissions per mile.”
There is a continuing global move towards the use of EVs that are charged from the electric grid as more consumers look to use transport powered by clean energy.
While petrol prices in the UAE declined slightly in May, they rose by more than 10 per cent in February, 10 per cent in March and 16 per cent in April, as global oil prices surged beyond $100 a barrel.
The prices announced by the UAE Fuel Price Committee in April were the highest they have been since they were deregulated in 2015 to allow them to move in line with the market.
In 2020, prices were frozen by the Fuel Price Committee at the onset of the coronavirus pandemic. The controls were removed in March 2021 to reflect the movement of the market.
Industry experts expect crude supply to be tight as the EU considers a ban on Russian oil imports and expectations of higher demand in the US, the world’s largest economy, increase as the summer season looms.
The easing of the coronavirus pandemic restrictions in China, the world’s largest importer of oil, is also supporting crude prices.
About 14 per cent of those polled in the UAE said they recently bought a petrol car but wished they would have purchased a hybrid or EV instead, according to the survey findings.
“Depending on the type of car you drive, the average cost of filling a fuel tank can be upwards of Dh270 versus Dh8.25 to fully charge an EV battery with a 110 kWh charger. With EVs, owners also save on operating expenses,” Mr Austin said.
EV owners spend 60 per cent less on fuel than owners of internal combustion engine vehicles, according to a 2020 Consumer Reports study. Owning an EV will save the typical driver $6,000 to $10,000 over the life of the vehicle, compared with owning a comparable petrol-powered vehicle, the study found.
Residents in the UAE are now planning their car journeys more carefully, with about 25 per cent saying they use public transport a lot more now, while 14 per cent of drivers have purchased an electric scooter or bike to use over short distances, the Audi Abu Dhabi survey revealed.
Remote and flexible working options are also helping people in the UAE to mitigate rising fuel costs, with 19 per cent saving more on fuel expenses by working from home, the research found.
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bfactmr · 3 years ago
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Electric Car Battery Charger Market Global Industry Analysis, size, share and Forecast 2021-2031
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Details regarding latest innovations and development in Electric Car Battery Charger and how it is gaining customer traction during the forecast period.
Analysis about the customer demand of the products and how it is likely to evolve in coming years.
Latest regulations enforced by government bodies and local agencies and their impact on Demand of Electric Car Battery Charger Market .
Insights about adoption of new technologies and its influence on the Electric Car Battery Charger market Size.
Overview of the impact of COVID-19 on Electric Car Battery Charger Market and economic disruptions caused by the pandemic.
Evaluates post-pandemic impact on the Sales of Electric Car Battery Charger Market during the forecast period.
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The data provided in the Electric Car Battery Charger market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Electric Car Battery Charger.
Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.
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shashiemrf · 3 years ago
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Technological Advancements to Play a Key Role in Growth of Wireless Electric Vehicle Charging Market 2026
Market Synopsis: According to Market Research Future (MRFR)’s new study, the global wireless electric vehicle charger market is prognosticated to strike healthy CAGR during the forecast period 2016 to 2027. The rise in the demand for electric vehicles is likely to dictate the growth of the market in the upcoming years.
The concerns raised by the depletion of natural resources coupled with endeavors for the reduction of carbon footprints are expected to fuel demand for wireless technology for charging electric vehicles. Additionally, the technological advancements and innovations brought by the key players are further poised to boost the proliferation of the wireless electric vehicle charger market over the assessment period.
The governments across the world have catalyzed their efforts for accelerating the adoption of electric cars. Provisions for financial incentives are made available for increasing the sales of electric vehicles. This, in turn, is anticipated to favor the expansion of the wireless electric vehicle charger market over the next few years. However, lack of standardization of products remains an impediment to the market growth. Regional Insights: The global wireless electric vehicle charger market, by region, has been segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is, at present, leading the global market. The initiatives undertaken by the government for reducing the dependency on fuel and promoting the adoption of electric vehicles is expected to catalyze the expansion of the wireless electric vehicle charger market over the assessment period. Furthermore, the presence of key players in the region is poised to influence the growth rate of the market positively.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1087 Europe is an important revenue pocket of the wireless electric vehicle charger market. The thriving automotive sector of the region is significantly driving the proliferation of the market. It is expected to exhibit a similar trend in the forthcoming years. Electric vehicles have large-scale market presence in the region which is projected to propel the expansion of the wireless electric vehicle charger market. Furthermore, the availability of excessive funds for research & development of new technologies is likely to boost the growth of the market over the next couple of years. Asia Pacific is poised to witness a rapid growth rate in the foreseeable future. The accelerated adoption of electric vehicles in China backed by its government is anticipated to catapult the wireless electric vehicle charger market in the region. In addition, other fast-developing countries are also prognosticated to witness an upsurge in demand for electric vehicles. This, in turn, is expected to dictate the growth trajectory of the wireless electric vehicle charger market in the region during the forecast period.
Market Segmentation: MRFR’s report offers a detailed segmental assessment of the wireless electric vehicle charger market based on technology and component. By technology, the global wireless electric vehicle charger market has been segmented into inductive charging, conductive charging, dynamic charging, magnetic resonance, and others. By component, the wireless electric vehicle charger market has been segmented into electromagnetic induction, wireless power receiver, rectifies, power distribution box, vehicle receiver unit, ground transmission unit, and battery, and others.
Competitive Dashboard: Some of the key players profiled in the report are Leviton (U.S.), WiTricity Corporation (U.S), ABB (Switzerland), Convenient Power HK Limited (Hong Kong), Delphi Automotive (U.K.), Qualcomm (U.S.), Siemens (Germany), and Bosch Group (Germany) Industry News: In October 2018, WiTricity, a pioneer in wireless power transfer, has entered into an IP licensing agreement with China-based Anjie Wireless to expedite EV adoption in China In November 2018, the national laboratory at Oak Ridge, Tennessee, U.S., has demonstrated wireless charging system for electric cars that are capable of transferring 120 kW of power with a 97% efficiency. In November 2018, car sharing firm, Zipcar, has partnered with Innovate UK and US-based FreeWire Technologies for testing mobile wireless electric vehicle charging in London.
Get Complete Report @ https://www.marketresearchfuture.com/reports/wireless-electric-vehicle-charger-market-1087
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wiseguyreport1221 · 4 years ago
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Global Metal Cutting Tools Market Updates, News and Data 2020-2026
In the context of machining, a cutting tool is any tool that is used to remove material from the workpiece by means of shear deformation. Cutting may be accomplished by single-point or multipoint tools. Single-point tools are used in turning, shaping, plaining and similar operations, and remove material by means of one cutting edge. Milling and drilling tools are often multipoint tools. Grinding tools are also multipoint tools. Each grain of abrasive functions as a microscopic single-point cutting edge (although of high negative rake angle), and shears a tiny chip.
ALSO READ:  https://icrowdnewswire.com/2021/01/18/global-milking-machine-market-2020-trends-research-analysis-amp-review-forecast-2026/
This report contains market size and forecasts of Metal Cutting Tools in Vietnam, including the following market information: Vietnam Metal Cutting Tools Market Revenue, 2015-2020, 2021-2026, ($ millions) Vietnam Metal Cutting Tools Market Consumption, 2015-2020, 2021-2026, (K Units) Vietnam Metal Cutting Tools Production Capacity, 2015-2020, 2021-2026, (K Units) Top Five Competitors in Vietnam Metal Cutting Tools Market 2019 (%) The global Metal Cutting Tools market was valued at 23220 million in 2019 and is projected to reach US$ 27780 million by 2026, at a CAGR of 4.6% during the forecast period. While the Metal Cutting Tools market size in Vietnam was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.
ALSO READ: https://icrowdnewswire.com/2021/01/06/electric-car-chargers-market-2021-global-industry-analysis-by-key-players-segmentation-trends-and-forecast-by-2026/
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Metal Cutting Tools manufacturers, suppliers, distributors and industry experts on the impacts of the COVID-19 pandemic on businesses, with top challenges including ingredients and raw material delays, component and packaging shortages, reduced/cancelled orders from clients and consumers, and closures of production lines in some impacted areas. This report also analyses and evaluates the COVID-19 impact on Metal Cutting Tools production and consumption in Vietnam Total Market by Segment: Vietnam Metal Cutting Tools Market, By Type, 2015-2020, 2021-2026 ($ millions) & (K Units) Vietnam Metal Cutting Tools Market Segment Percentages, By Type, 2019 (%) Cemented carbide High speed steel Ceramics Diamond Milling Turning Drilling Grinding
ALSO READ: https://icrowdnewswire.com/2021/01/19/global-natural-and-organic-cosmetics-market-2020-segmentation-demand-growth-trend-opportunity-and-forecast-to-2025/
Vietnam Metal Cutting Tools Market, By Application, 2015-2020, 2021-2026 ($ millions) & (K Units) Vietnam Metal Cutting Tools Market Segment Percentages, By Application, 2019 (%) Machinery Industry Automotive Industry Aerospace Industry Energy Industry
Competitor Analysis The report also provides analysis of leading market participants including: Total Metal Cutting Tools Market Competitors Revenues in Vietnam, by Players 2015-2020 (Estimated), ($ millions) Total Metal Cutting Tools Market Competitors Revenues Share in Vietnam, by Players 2019 (%) Total Vietnam Metal Cutting Tools Market Competitors Sales, by Players 2015-2020 (Estimated), (K Units) Total Vietnam Metal Cutting Tools Market Competitors Sales Market Share by Players 2019 ($ millions)
ALSO READ: https://icrowdnewswire.com/2021/01/06/global-boring-milling-machine-market-2020-trends-share-product-analysis-market-challenges-new-opportunities-and-forecast-2026/
Further, the report presents profiles of competitors in the market, including the following: Sandvik Kennametal Iscar OSG Mitsubishi Kyocera Sumitomo Mapal Nachi-Fujikoshi LMT ZCCCT YG-1 Shanghai Tool Korloy Union Tool Tiangong Guhring Harbin No.1 Tool Tivoly Ceratizit Hitachi Feidadrills Chengdu Chengliang BIG Kaiser Addison Hanjiang EST Tools Xiamen Golden Erge AHNO
ALSO READ: https://icrowdnewswire.com/2021/01/06/global-oil-and-gas-water-treatment-chemicals-market-projection-by-covid-19-impact-on-industry-size-share-movements-by-trend-analysis-growth-status-revenue-expectation-to-2026/
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sueheaven · 2 years ago
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EV Charging Infrastructure Market Will Hit Big Revenues In Future | Biggest Opportunity Of 2023
Latest business intelligence report released on Global EV Charging Infrastructure Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand EV Charging Infrastructure market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis are:
Mojo Mobility (United States)
EVgo Services LLC (United States)
ABB Group (Switzerland)
Schneider Electric SE (France)
Chargemaster Plc (United Kingdom)
Siemens AG (Germany)
Tata Power (India)
Delta Electronics, Inc. (Taiwan)
GENERAL ELECTRIC (United States)
ChargePoint (United States)
The EV charging infrastructure is electrical source that recharge the depleted battery of an electric Vehicle with the help of the Electric Vehicle Supply Equipment or EVSE. Electric vehicle owners can charge their vehicle at home using home chargers or at the electric vehicle charging stations installed at public places such as shopping centres, parking spaces. These infrastructures are being frequently developed within the city limits, which is benefiting the customers to charge their cars at high speed with reduced time and cost. The growth of electric vehicles offers an opportunity to transform the transportation sector. Key Market Trends: Innovation in Automobiles Inventing High Power Electric Vehicle
Stringent Pollution-Control Policies
Opportunities: Increasing Demand for Electric Vehicles
Infrastructural Development in Emerging Economies
Market Growth Drivers: Increasing Consumption of Automobiles with Hybrid and Battery Power Challenges: High Cost of Equipment and Installation The Global EV Charging Infrastructure Market segments and Market Data Break Down by Type (AC, DC, Wireless), Application (Commercial, Residential), Installation Type (Single Family, Multi Family, Public), Charger Classifications (Level 1 (120 Volt Charging), Level 2 (208/240 Volt Charging), DC Fast Charge (DCFC))
Presented By
AMA Research & Media LLP
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richardmbenton31-blog · 6 years ago
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Affording a Home Requires Compromises - but Families Are Okay with That
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Most young Canadian families would prefer to buy a single-family home, but affordability issues are forcing compromises. Even so, more than 90 per cent of buyers report satisfaction with their purchase and confidence in the real estate market.
In a perfect world, the overwhelming majority of young urban Canadian families would purchase a single-family home in move-in condition with a nice yard and a garage. In the real world, affordability issues require families to make compromises when they purchase real estate -but they're okay with that.
A survey of urban families where the adults are ages 20 to 45, conducted in Canada's four largest cities, found that although 83 per cent of young families still aspire to own that singe-family dream home, only 56 of those surveyed actually purchased one. The others bought attached homes, a duplex/triplex/multiplex unit or a condominium. Despite making compromises to get into home ownership, 93 per cent of families are satisfied with their purchase and 78 per cent believe their investment will outperform or match their financial investments during the next five years.
The survey was conducted by market research firm Mustel Group on behalf of Sothebys International Realty Canada.
“Young families are much more influential in Canada's metropolitan real estate markets than many realize. With 9.1 million Canadian millennials now entering the partnership, marriage and parenting stages of the family life cycle, the ranks of these modern families are swelling,” says Brad Henderson, president and CEO of Sotheby's International Realty Canada. “Our research dispels several urban myths about the housing preferences of this group. It suggests that the wave of demand for single-family home ownership will continue to rise in spite of mounting affordability challenges. Moreover, it highlights the fact that cities will continue to face significant pressure to overcome these challenges with solutions that go beyond the addition of higher-density housing.”
The survey found that 43 per cent of families that have already purchased real estate have abandoned the idea of buying a single-detached home because of affordability issues, while 39 per cent still plan on purchasing one in the future.
RBC's December 2018 affordability report says that rising interest rates in 2019 will “keep upward pressure on ownership costs. Softening prices in key markets and rising household income increases will provide some offset, however.”
RBC says the mortgage stress test, which requires borrowers to qualify at a higher rate than their offered rate, has added almost $36,000 to the qualifying income needed to buy an averaged priced home in Vancouver. In Toronto it has added $27,000.
The impact of the stress test has been felt across the country, but outside of the major cities, RBC says owning a home remains affordable in most other markets.
The Sothebys survey asked what modern buyers are looking for when buying a home. Value per square foot was the No. 1 answer, followed by the home being move-in ready and requiring little renovation, and having the desired number of bedrooms. Twenty-six per cent of respondents were looking for a newer home (five years or less), while having an open-concept kitchen/dining/family room layout was important for 14 percent of those surveyed.
In Vancouver, having an existing or potential rental suite in the home was important to 11 per cent of respondents, but that was less important in Toronto, Montreal and Calgary. Buying a home with smart home technology such as an electric car charger was cited by only one per cent of respondents.
Just 18 per cent of families said they didn't have to make any comprises when they purchased their home. The compromise cited most often was going over budget. An equal number said the home required more renovation work than they would have preferred, and the property was older than desired. Some buyers got less square footage and yard space than hoped for, and 17 per cent decided on a location that was farther from downtown than they wanted.
But 95 per cent of Toronto families and 94 per cent of Montreal families said they are either “very” or “somewhat” satisfied with their purchase. Ninety-one per cent of families in Calgary report some satisfaction and 90 per cent of Vancouver families are satisfied.
The survey was conducted from August 9 to September 9. Despite flattening real estate prices, most buyers are confident with the investment value of their purchase. Seventy-eight per cent of respondents say they think their home will outperform or match the performance of their financial investments in the next five years. Forty-eight per cent say real estate will outperform other financial investments.
One-third of the properties purchased by respondents were over 2,000 sq. ft., with 24 per cent between 1,000 and 1,499 sq. ft; 22 per cent between 1,500 and 1,999 sq. ft.; and 21 per cent with less than 1,000 sq. ft. Three-bedroom, two-bathroom homes were the most commonly purchased home. Eighty-three per cent had two or more bathrooms.
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energymketforecasts · 4 years ago
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Electric Car Charger Market is estimated to Grow at the Highest Growth Rate till 2020-2024
Jul 13, 2020:  In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Electric Car Charger Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).
In this report, the global Electric Car Charger market is valued at USD XX million in 2020 and is projected to reach USD XX million by the end of 2024, growing at a CAGR of XX% during the period 2020 to 2024.
Download sample Copy of This Report at: https://www.radiantinsights.com/research/global-electric-car-charger-market-research-report-2020-2024/request-sample
The report firstly introduced the Electric Car Charger basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
The major players profiled in this report include:
·         Company A
The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
·         General Type
Browse Full Report With TOC @ https://www.radiantinsights.com/research/global-electric-car-charger-market-research-report-2020-2024
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Electric Car Charger for each application, including-
·         Public Charging
Table of Contents
Part I Electric Car Charger Industry Overview
Chapter One Electric Car Charger Industry Overview
1.1 Electric Car Charger Definition
1.2 Electric Car Charger Classification Analysis
1.2.1 Electric Car Charger Main Classification Analysis
1.2.2 Electric Car Charger Main Classification Share Analysis
1.3 Electric Car Charger Application Analysis
1.3.1 Electric Car Charger Main Application Analysis
1.3.2 Electric Car Charger Main Application Share Analysis
1.4 Electric Car Charger Industry Chain Structure Analysis
1.5 Electric Car Charger Industry Development Overview
1.5.1 Electric Car Charger Product History Development Overview
1.5.1 Electric Car Charger Product Market Development Overview
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kathleenseiber · 5 years ago
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What electric car drivers want in charging stations
New research clarifies the attitudes of electric vehicle drivers about the network of charging stations.
As electric vehicles (EVs) go mainstream, building out the nationwide network of charging stations to keep them going will be increasingly important. The new findings could help policymakers focus their efforts.
In the paper, published in the journal Nature Sustainability, describes training a machine learning algorithm to analyze unstructured consumer data from 12,270 electric vehicle charging stations across the US.
The study demonstrates how machine learning tools can help quickly analyze streaming data for policy evaluation in near-real time. Streaming data refers to data that comes in a continuous feed, such as user reviews from an app. The study also reveals surprising findings about how EV drivers feel about charging stations.
For instance, the conventional wisdom that drivers prefer private stations to public ones appears to be wrong. The study also finds potential problems with charging stations in larger cities, presaging challenges yet to come in creating a robust charging system that meets all drivers’ needs.
“Based on evidence from consumer data, we argue that it is not enough to just invest money into increasing the quantity of stations, it is also important to invest in the quality of the charging experience,” writes assistant professor Omar Isaac Asensio of the Georgia Institute of Technology School of Public Policy who led the team.
Electric vehicles are considered a crucial part of the solution to climate change: transportation is now the leading contributor of climate-warming emissions. But one major barrier to broader adoption of electric vehicles is the perception of a lack of charging stations, and the attending “range anxiety” that makes many drivers nervous about buying an EV.
What do drivers want?
While that infrastructure has grown considerably in recent years, the work hasn’t taken into account what consumers actually want, Asensio says.
“In the early years of EV infrastructure development, most policies were geared to using incentives to increase the quantity of charging stations,” Asensio says. “We haven’t had enough focus on building out reliable infrastructure that can give confidence to users.”
This study helps rectify that shortcoming by offering evidence-based, national analysis of actual consumer sentiment, as opposed to indirect travel surveys or simulated data used in many analyses.
Asensio’s team used deep learning text classification algorithms to analyze data from a popular EV users smartphone app. It would have taken most of a year using conventional methods. But the team’s approach cut the task down to minutes while classifying sentiment with accuracy similar to that of human experts.
Favorite electric vehicle charging stations
The study found that workplace and mixed-use residential stations get low ratings, with frequent complaints about lack of accessibility and signage. Fee-based charging stations tend to get more poor reviews than free charging stations. But it is stations in dense urban centers that really draw complaints, according to the study.
When researchers controlled for location and other characteristics, stations in dense urban areas showed a 12-15% increase in negative sentiment compared to nonurban locations.
This could indicate a broad range of service quality issues in the largest EV markets, including things like malfunctioning equipment and an insufficient number of chargers, Asensio says.
The highest rated stations are often located at hotels, restaurants, and convenience stores, a finding that may support incentive-based management practices in which chargers are installed to draw customers. Stations at public parks and recreation facilities, RV parks, and visitor centers also do well, according to the study.
But, contrary to theories predicting that private stations should provide more efficient services, the study found no statistically significant difference in user preferences when it comes to public versus private chargers.
That finding could be an inducement to invest in public charging infrastructure to meet future growth, Asensio says. A study by the National Research Council cited such a network as key to helping overcome barriers to EV adoption.
Consumer data, faster
Overall, Asensio says the study points to the need to prioritize consumer data when considering how to build out infrastructure, especially when it comes to requirements for charging stations in new buildings.
But EV policy is not the only way the study’s deep learning techniques can be used to analyze this kind of material. They could be adapted to a broad range of energy and transportation issues, allowing researchers to deliver rapid analysis with just minutes of computation, compared to time lags measured sometimes in months or years using more traditional methods.
“The follow-on potential for energy policy is to move toward automated forms of infrastructure management powered by machine learning, particularly for critical linkages between energy and transportation systems and smart cities,” Asensio says.
Asensio’s team included graduate students from Georgia Tech, North Carolina State University, Smith College, and Tufts University.
The National Science Foundation, the Civic Data Science REU program at Georgia Tech, the Anthony and Jeanne Pritzker Family Foundation, and the Sustainable LA Grand Challenge supported the work.
Source: Georgia Tech
The post What electric car drivers want in charging stations appeared first on Futurity.
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auto-news · 5 years ago
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Impact of COVID-19 Outbreak on Electric Wastegate Actuator Market 2028
The COVID-19 pandemic has caused supply and manufacturing disruptions in the automotive sector creating uncertainties in every aspect. The change in customer behavior in terms of mobility preferences during this crisis is changing the automotive landscape.
This pandemic situation has shut down many production lines owing to the trade restrictions and closed borders, creating a shortage in required parts and limiting the distribution of supplies. Different enforced measures including the closing of workspaces and dismissal of short-time workers have created a depression in the growth rate of the automotive industry.
The growing fear of recession is estimated to decrease overall sales and revenue. A limited supply of parts coupled with a reduced workforce has forced the leading OEMs to shut down their production. A significant drop in demand has restricted the cash inflow which is highly important in payment of salaries to the workforce. With growing uncertainties around the COVID-19 pandemic, the industry leaders are taking measures to adapt to the situation.
Electric Wastegate Actuator Market: Introduction
Wastegate in an automobile refers to the turbine wheel bypass on a turbocharger. Electric Wastegate Actuator is used to control the supercharged pressure of turbo charger by adjusting the opening of wastegate valve. Electric wastegate actuator gained popularity as a substitute to pneumatic waste gate actuator. As a replacement product of pneumatic Wastegate actuator, electric wastegate actuator enable faster and more precise control of the combustion engine. In the effort to reduce CO2 emission, manufactures are focused on downsizing of engine involving reduction of engine displacement by turbocharger or supercharger. In such systems, electric wastegate actuator is considered to play a vital role in controlling the supercharged pressure of turbocharger and preventing the turbocharger from over speeding and resulting in serious damages. Owing to its several benefits and importance, the demand for electric wastegate actuator is estimated to witness considerable growth across the globe. This in turn may positively impact the global electric wastegate actuator market during the forecast period.
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Electric Wastegate Actuator Market: Dynamics
Sales of electric wastegate actuator is directly dependent on the production and sales of automotive. Growing automotive industry particularly in the developing regions is estimated to be the primary growth driver for the global electric wastegate actuator market during the forecast period. Growing advancement and innovation in technology in the automotive industry is also considered to propel the demand for efficient electric wastegate actuator across the globe. This in turn is estimated to be a key factor contributing to the growth of global electric wastegate actuator market during the forecast period.
Increasing demand for downsizing of engines by the use of turbocharger in order to reduce fuel consumption, subsequently the CO2 emission is also one of the key factor fueling the demand for electric wastegate actuators thus significantly contributing to the global electric wastegate actuator market.
Electric wastegate actuator also find its application in aircrafts engines and off highway heavy duty equipment. Growing number of air passengers is directly correlated to increasing demand for new aircrafts which subsequently increase the demand for efficient electric wastegate actuator. On a similar note, growing construction activities with execution of several infrastructure development projects is estimated to drive the demand for construction equipment. This in turn may flourish the growth of global electric wastegate actuator market during the forecast period.
Electric Wastegate Actuator Market: Segment
The global Electric Wastegate Actuator market has been segmented by product type, vehicle type and by sales Channel
By type of product, the global Electric Wastegate Actuator market is segmented into
Linear Electric Wastegate Actuator
Rotary Electric Wastegate Actuator
By type of vehicle, the global Electric Wastegate Actuator market is segmented into
Automotive Electric Wastegate Actuator
Aircraft Electric Wastegate Actuator
Off highway Equipment Electric Wastegate Actuator (Construction Equipment, Mining Equipment, Agriculture Equipment etc.)
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
By type of Sales Channel, the global Electric Wastegate Actuator market is segmented into
OEM (Original Equipment Manufacturer)
Aftermarket
Electric Wastegate Actuator Market: Regional Outlook
Automotive production is estimated to be higher in emerging countries as compared to that in developed countries. This can mainly be attributed to the increasing urbanization and stable economic conditions in these regions. On road vehicle fleet is also expected to rise at a modest CAGR during the forecast period, thus providing noteworthy opportunities in the growth of automotive aftermarket. This in turn may result in generating bright opportunities in the electric wastegate actuator market. Increasing stringent regulations concerning CO2 emission particularly in the developed regions such as North America and Europe is estimated to fuel the demand of electric wastegate actuator during the forecast period.
To receive extensive list of important regions, ask for TOC here  https://www.persistencemarketresearch.com/toc/27844
Electric Wastegate Actuator Market: Key Participants
Examples of some of the market participants identified across the value chain of the global Electric Wastegate Actuator market include:
Continental AG
MAHLE GmbH
Stoneridge, Inc.
Rheinmetall Automotive AG
Mitsubishi Electric Corporation
Turbosmart
Woodward, Inc
The research report presents a comprehensive assessment of the Electric Wastegate Actuator market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to the Electric Wastegate Actuator market segments such as geographies, valve type, and vehicle type.
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PMR’s set of research methodologies adhere to the latest industry standards and are based on sound surveys.
We are committed to preserving the objectivity of our research.
Our analysts customize the research methodology according to the market in question in order to take into account the unique dynamics that shape the industry.
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shashiemrf · 3 years ago
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Wireless Electric Vehicle Charging Market How the Business Will Grow in 2027? Prominent Players
Market Synopsis: According to Market Research Future (MRFR)’s new study, the global wireless electric vehicle charger market is prognosticated to strike healthy CAGR during the forecast period 2016 to 2027. The rise in the demand for electric vehicles is likely to dictate the growth of the market in the upcoming years.
The concerns raised by the depletion of natural resources coupled with endeavors for the reduction of carbon footprints are expected to fuel demand for wireless technology for charging electric vehicles. Additionally, the technological advancements and innovations brought by the key players are further poised to boost the proliferation of the wireless electric vehicle charger market over the assessment period.
The governments across the world have catalyzed their efforts for accelerating the adoption of electric cars. Provisions for financial incentives are made available for increasing the sales of electric vehicles. This, in turn, is anticipated to favor the expansion of the wireless electric vehicle charger market over the next few years. However, lack of standardization of products remains an impediment to the market growth.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1087 Market Segmentation: MRFR’s report offers a detailed segmental assessment of the wireless electric vehicle charger market based on technology and component. By technology, the global wireless electric vehicle charger market has been segmented into inductive charging, conductive charging, dynamic charging, magnetic resonance, and others. By component, the wireless electric vehicle charger market has been segmented into electromagnetic induction, wireless power receiver, rectifies, power distribution box, vehicle receiver unit, ground transmission unit, and battery, and others. Regional Insights: The global wireless electric vehicle charger market, by region, has been segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is, at present, leading the global market. The initiatives undertaken by the government for reducing the dependency on fuel and promoting the adoption of electric vehicles is expected to catalyze the expansion of the wireless electric vehicle charger market over the assessment period. Furthermore, the presence of key players in the region is poised to influence the growth rate of the market positively. Europe is an important revenue pocket of the wireless electric vehicle charger market. The thriving automotive sector of the region is significantly driving the proliferation of the market. It is expected to exhibit a similar trend in the forthcoming years. Electric vehicles have large-scale market presence in the region which is projected to propel the expansion of the wireless electric vehicle charger market. Furthermore, the availability of excessive funds for research & development of new technologies is likely to boost the growth of the market over the next couple of years. Asia Pacific is poised to witness a rapid growth rate in the foreseeable future. The accelerated adoption of electric vehicles in China backed by its government is anticipated to catapult the wireless electric vehicle charger market in the region. In addition, other fast-developing countries are also prognosticated to witness an upsurge in demand for electric vehicles. This, in turn, is expected to dictate the growth trajectory of the wireless electric vehicle charger market in the region during the forecast period.
Competitive Dashboard: Some of the key players profiled in the report are Leviton (U.S.), WiTricity Corporation (U.S), ABB (Switzerland), Convenient Power HK Limited (Hong Kong), Delphi Automotive (U.K.), Qualcomm (U.S.), Siemens (Germany), and Bosch Group (Germany) Industry News: In October 2018, WiTricity, a pioneer in wireless power transfer, has entered into an IP licensing agreement with China-based Anjie Wireless to expedite EV adoption in China In November 2018, the national laboratory at Oak Ridge, Tennessee, U.S., has demonstrated wireless charging system for electric cars that are capable of transferring 120 kW of power with a 97% efficiency. In November 2018, car sharing firm, Zipcar, has partnered with Innovate UK and US-based FreeWire Technologies for testing mobile wireless electric vehicle charging in London.
Get Complete Report @ https://www.marketresearchfuture.com/reports/wireless-electric-vehicle-charger-market-1087
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snehajamadade · 5 years ago
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Global Electric Car Chargers Market 2020 Trends, Market Share, Industry Size, Growth, Sales, Opportunities, Analysis and Forecast To 2026
Introduction
Electric Car Chargers Market
According to this study, over the next five years the Electric Car Chargers market will register a 30.1% CAGR in terms of revenue, the global market size will reach $ 8161.3 million by 2025, from $ 2850.2 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electric Car Chargers business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Car Chargers market by type, application, key manufacturers and key regions and countries.This study considers the Electric Car Chargers value and volume generated from the sales of the following segments:
 @Get Free Sample Report at https://www.wiseguyreports.com/sample-request/5002387-global-electric-car-chargers-market-growth-2020-2025
 Key Players of Global Electric Car Chargers Market =>
Chargepoint
Panasonic
ABB
Leviton
Blink
Eaton
General Electric
Schneider Electric
AeroVironment
Siemens
BYD
Xuji
NARI
Chargemaster
DBT CEV
Clipper Creek
Auto Electric Power Plant
Pod Point
Elektromotive
Potivio
Huashang Sanyou
Wanbang
Ruckus New Energy Tech
Qingdao Telaidian
 Segmentation by type: breakdown data from 2015 to 2020, in Section 2.3; and forecast to 2025 in section 11.7.
Slow AC
Fast AC
Fast DC
 Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2024 in section 11.8.
Home
Office
Commercial
 This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
 Research objectives
To study and analyze the global Electric Car Chargers consumption (value & volume) by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.
To understand the structure of Electric Car Chargers market by identifying its various subsegments.
Focuses on the key global Electric Car Chargers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electric Car Chargers with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electric Car Chargers submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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 Major Key Points of Global Electric Car Chargers Market
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Data Source
1.6 Economic Indicators
1.7 Currency Considered
…………..
12 Key Players Analysis
12.1 Chargepoint
12.1.1 Company Information
12.1.2 Electric Car Chargers Product Offered
12.1.3 Chargepoint Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.1.4 Main Business Overview
12.1.5 Chargepoint Latest Developments
12.2 Panasonic
12.2.1 Company Information
12.2.2 Electric Car Chargers Product Offered
12.2.3 Panasonic Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.2.4 Main Business Overview
12.2.5 Panasonic Latest Developments
12.3 ABB
12.3.1 Company Information
12.3.2 Electric Car Chargers Product Offered
12.3.3 ABB Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.3.4 Main Business Overview
12.3.5 ABB Latest Developments
12.4 Leviton
12.4.1 Company Information
12.4.2 Electric Car Chargers Product Offered
12.4.3 Leviton Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.4.4 Main Business Overview
12.4.5 Leviton Latest Developments
12.5 Blink
12.5.1 Company Information
12.5.2 Electric Car Chargers Product Offered
12.5.3 Blink Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.5.4 Main Business Overview
12.5.5 Blink Latest Developments
12.6 Eaton
12.6.1 Company Information
12.6.2 Electric Car Chargers Product Offered
12.6.3 Eaton Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.6.4 Main Business Overview
12.6.5 Eaton Latest Developments
12.7 General Electric
12.7.1 Company Information
12.7.2 Electric Car Chargers Product Offered
12.7.3 General Electric Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.7.4 Main Business Overview
12.7.5 General Electric Latest Developments
12.8 Schneider Electric
12.8.1 Company Information
12.8.2 Electric Car Chargers Product Offered
12.8.3 Schneider Electric Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.8.4 Main Business Overview
12.8.5 Schneider Electric Latest Developments
12.9 AeroVironment
12.9.1 Company Information
12.9.2 Electric Car Chargers Product Offered
12.9.3 AeroVironment Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.9.4 Main Business Overview
12.9.5 AeroVironment Latest Developments
12.10 Siemens
12.10.1 Company Information
12.10.2 Electric Car Chargers Product Offered
12.10.3 Siemens Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.10.4 Main Business Overview
12.10.5 Siemens Latest Developments
12.11 BYD
12.11.1 Company Information
12.11.2 Electric Car Chargers Product Offered
12.11.3 BYD Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.11.4 Main Business Overview
12.11.5 BYD Latest Developments
12.12 Xuji
12.12.1 Company Information
12.12.2 Electric Car Chargers Product Offered
12.12.3 Xuji Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.12.4 Main Business Overview
12.12.5 Xuji Latest Developments
12.13 NARI
12.13.1 Company Information
12.13.2 Electric Car Chargers Product Offered
12.13.3 NARI Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.13.4 Main Business Overview
12.13.5 NARI Latest Developments
12.14 Chargemaster
12.14.1 Company Information
12.14.2 Electric Car Chargers Product Offered
12.14.3 Chargemaster Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.14.4 Main Business Overview
12.14.5 Chargemaster Latest Developments
12.15 DBT CEV
12.15.1 Company Information
12.15.2 Electric Car Chargers Product Offered
12.15.3 DBT CEV Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.15.4 Main Business Overview
12.15.5 DBT CEV Latest Developments
12.16 Clipper Creek
12.16.1 Company Information
12.16.2 Electric Car Chargers Product Offered
12.16.3 Clipper Creek Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.16.4 Main Business Overview
12.16.5 Clipper Creek Latest Developments
12.17 Auto Electric Power Plant
12.17.1 Company Information
12.17.2 Electric Car Chargers Product Offered
12.17.3 Auto Electric Power Plant Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.17.4 Main Business Overview
12.17.5 Auto Electric Power Plant Latest Developments
12.18 Pod Point
12.18.1 Company Information
12.18.2 Electric Car Chargers Product Offered
12.18.3 Pod Point Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.18.4 Main Business Overview
12.18.5 Pod Point Latest Developments
12.19 Elektromotive
12.19.1 Company Information
12.19.2 Electric Car Chargers Product Offered
12.19.3 Elektromotive Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.19.4 Main Business Overview
12.19.5 Elektromotive Latest Developments
12.20 Potivio
12.20.1 Company Information
12.20.2 Electric Car Chargers Product Offered
12.20.3 Potivio Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.20.4 Main Business Overview
12.20.5 Potivio Latest Developments
12.21 Huashang Sanyou
12.21.1 Company Information
12.21.2 Electric Car Chargers Product Offered
12.21.3 Huashang Sanyou Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.21.4 Main Business Overview
12.21.5 Huashang Sanyou Latest Developments
12.22 Wanbang
12.22.1 Company Information
12.22.2 Electric Car Chargers Product Offered
12.22.3 Wanbang Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.22.4 Main Business Overview
12.22.5 Wanbang Latest Developments
12.23 Ruckus New Energy Tech
12.23.1 Company Information
12.23.2 Electric Car Chargers Product Offered
12.23.3 Ruckus New Energy Tech Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.23.4 Main Business Overview
12.23.5 Ruckus New Energy Tech Latest Developments
12.24 Qingdao Telaidian
12.24.1 Company Information
12.24.2 Electric Car Chargers Product Offered
12.24.3 Qingdao Telaidian Electric Car Chargers Sales, Revenue, Price and Gross Margin (2018-2020)
12.24.4 Main Business Overview
12.24.5 Qingdao Telaidian Latest Developments
 13 Research Findings and Conclusion
List of Tables
 About Us:
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sueheaven · 2 years ago
Text
EV Charging Infrastructure Market is set for a Potential Growth Worldwide: Excellent Technology Trends with Business Analysis
Latest business intelligence report released on Global EV Charging Infrastructure Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand EV Charging Infrastructure market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis are:
Mojo Mobility (United States)
EVgo Services LLC (United States)
ABB Group (Switzerland)
Schneider Electric SE (France)
Chargemaster Plc (United Kingdom)
Siemens AG (Germany)
Tata Power (India)
Delta Electronics, Inc. (Taiwan)
GENERAL ELECTRIC (United States)
ChargePoint (United States)
The EV charging infrastructure is electrical source that recharge the depleted battery of an electric Vehicle with the help of the Electric Vehicle Supply Equipment or EVSE. Electric vehicle owners can charge their vehicle at home using home chargers or at the electric vehicle charging stations installed at public places such as shopping centres, parking spaces. These infrastructures are being frequently developed within the city limits, which is benefiting the customers to charge their cars at high speed with reduced time and cost. The growth of electric vehicles offers an opportunity to transform the transportation sector. Key Market Trends: Innovation in Automobiles Inventing High Power Electric Vehicle
Stringent Pollution-Control Policies
Opportunities: Increasing Demand for Electric Vehicles
Infrastructural Development in Emerging Economies
Market Growth Drivers: Increasing Consumption of Automobiles with Hybrid and Battery Power Challenges: High Cost of Equipment and Installation The Global EV Charging Infrastructure Market segments and Market Data Break Down by Type (AC, DC, Wireless), Application (Commercial, Residential), Installation Type (Single Family, Multi Family, Public), Charger Classifications (Level 1 (120 Volt Charging), Level 2 (208/240 Volt Charging), DC Fast Charge (DCFC))
Presented By
AMA Research & Media LLP
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