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Germany EV Charging Station Market Revenue, Growth, Share, Demand, Business Challenges and Trends Analysis 2033: SPER Market Research
The Germany E-Vehicle Charging Station Market involves the production, distribution, and installation of electric vehicle (EV) charging infrastructure across Germany. It experiences growth propelled by government incentives, increasing EV adoption, and environmental concerns. Key players focus on offering fast-charging solutions, expanding charging networks, and integrating smart technologies for user convenience. Market trends include the development of ultra-fast charging stations, the expansion of charging infrastructure in urban areas and along highways, and partnerships with automakers to enhance EV charging accessibility and promote sustainable mobility.

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Tens of thousands of Volkswagen employees have halted production to protest proposed pay cuts. The German automaker has stated it will need to close three manufacturing plants due to rising labor expenses, material shortages, and, most importantly – the climate change agenda that has demonized fossil fuels.
Over 120,000 workers now face a 10% pay cut if they can manage to keep their jobs. The IG Metall union has warned that protests will be fierce. Volkswagen remains Germany’s top-selling car brand, composing 19% of the market share. Yet profit margins have dropped from a forecast of 7% to 5.6% for 2024 after the company’s cash flow turned negative in the first half of the year. The company states it needs to save 10 billion euros by 2026 in addition to finding a way to cut another 4 billion euros. Operating profits have fallen by 11.4% and they simply cannot continue producing these EVs at the same pace they were producing dreaded fuel-powered cars because the demand is not there.
Now many blame China for providing state subsidies for EVs that are far cheaper than the vehicles produced in Germany. This is why places like the US have placed a 100% tariff on those vehicles so that there is no demand. However, there is simply low demand for electric vehicles everywhere. You cannot force people to buy EVs even if you destroy the energy sector and make prices skyrocket 300% as they did by killing Nordstream. Pushing manufacturers to switch to meet these arbitrary emission targets is killing the entire auto sector which is about 17% of Germany’s entire GDP.
Germany believes it can reduce carbon emissions by 65% by 2030, followed by an 88% reduction into 2040 before meeting gas net neutrality in 2045. They claim that Germany is five years behind on its adoption of electric vehicles as it is far from meeting its goal of 15 million EVs by 2030. The average EV price in euro shot up 7.5% in the past year to €56,669. Infrastructure and charging stations remain inadequate to meet these goals.
Germany relies heavily on automotives, and Europe relies heavily on Germany as its top economy. Now, due to climate initiatives, Volkswagen is closing plants for the first time in its 87-year history. Pay close attention to Germany’s automotive sector, as it could easily cause a ripple effect throughout the entire European economy.
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Large companies need to go out further and thus need to use iterative futures methods including environmental sensing, emerging issues analysis, and scenario development. This can take them over reasonably clear territory 10 years out. This is a minimum, as new car models take 3–5 years to go from drawing board to factory floor, so staying 5 years minimum ahead of the market is absolutely essential for survival. From what we see and read, no legacy car company has done this. They are in effect 5 years behind China’s best and at least 3 years behind Tesla. This lag is increasing, as now many Japanese and European EVs are based on Chinese platforms, plus, as of this month, Australia now has standards for EV bi-directional charging!
(..) My worry is that in futures terms it is already too late to save the ship. VW is talking about closing factories — in Germany — and at the end of 2024, the company is immersed in a dire industrial relations furore, with all its union member workers on strike. VW is struggling for its very survival. Having lost three years of strategic opportunity, VW is now paying the consequences.
P.S. The strategy of low-volume, badly overpriced compliance EVs that legacy automakers tried to foist on the public has failed catastrophically.
In 2016/2017, the managers, shareholders and workers of these fossil car manufacturing companies completely ignored the new EV manufacturers like Tesla, BYD, Xpeng, etc., who devoted 100% effort to the production of electric cars...
The main reason for the disaster of ICE legacy car manufacturers: " Too little, too late...!" Some new EV manufacturers have passed a critical threshold and are able to produce EVs profitably as the economies of scale of large production start to work for them...New car manufacturers have access to cheap LFP batteries and are using 100% EV car platforms that are feasible much cheaper and more efficient to produce than ICE vehicle platforms adapted for electric cars...
Volkswagen's management, trade union and employees even now COMPLETELY DO NOT UNDERSTAND WHAT IS REALLY happening in the global car market...! If they continue as they have been, VW will lose the car market and they will soon be out of business...
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Big taxes will be imposed on imports of electric vehicles from China to the EU after the majority of member states backed the plans.
The move to introduce tariffs aims to protect the European car industry from being undermined by what EU politicians believe are unfair Chinese-state subsidies on its own cars.
Tariffs on electric cars made in China are set to rise from 10% to up to 45% for the next five years, but there have been concerns such a move could raise electric vehicle (EV) prices for buyers.
The decision, which split EU member states such as France and Germany, risks sparking a trade war between Brussels and Beijing, which has condemned the tariffs as protectionist.
China has been counting on high-tech products to help revive its flagging economy and the EU is the largest overseas market for the country's electric car industry.
Its domestic car industry has grown rapidly over the past two decades and its brands, such as BYD, have begun moving into international markets, prompting fears from the likes of the EU that its own companies will be unable to compete with the cheaper prices.
The EU imposed import tariffs of varying levels on different Chinese manufacturers in the summer, but Friday's vote was to decide if they were implemented for the next five years.
The charges were calculated based on estimates of how much Chinese state aid each manufacturer has received following an EU investigation. The European Commission set individual duties on three major Chinese EV brands - SAIC, BYD and Geely.
EU members were divided on tariffs. Germany, whose car manufacturing industry is heavily dependent on exports to China, was against them. Many EU members abstained in the vote.
German carmakers have been vocal in opposition. Volkswagen says tariffs are "the wrong approach".
However, France, Italy, the Netherlands and Poland were reported to have backed the import taxes. The tariffs proposal could only have been blocked if a qualified majority of 15 members voted against it.
Germany's top industry association, BDI, called on the European Union and China to continue trade talks over tariffs to avoid an "escalating trade conflict".
The European Commission, which held the vote, said the EU and China would "work hard to explore an alternative solution" to the import taxes to address what it called "injurious subsidisation" of Chinese electric vehicles.
China's Commerce Ministry called the decision to impose tariffs "unfair" and "unreasonable", but added the issue could be resolved through negotiations.
The dispute has raised fears among industry groups outside the car sector that they could face retaliatory tariffs from China.
A trade body for the French cognac industry said the French authorities "have abandoned us".
"We do not understand why our sector is being sacrificed in this way."
It said a negotiated solution needed to be found that would "prevent our products from facing a surtax that could exclude them from the Chinese market".
'Serious concerns' over UK sales
Figures show that in August this year, EU registrations of battery-electric cars fell by 43.9% from a year earlier.
In the UK, demand for new electric vehicles hit a new record in September, but orders were mostly driven by commercial deals and by big manufacturer discounts, according to the industry trade body.
The Society of Motor Manufacturers and Traders (SMMT) said firms had "serious concerns as the market is not growing quickly enough to meet mandated targets".
The industry has warned that drivers need better incentives to buy electric to help manufacturers ahead of the planned ban on sales of new petrol and diesel vehicles. Under the Conservative government the deadline for this ban was pushed back to 2035 from 2030, but Labour has pledged to bring it back to 2030.
Car makers are required to meet electric vehicle sales targets. Under the Zero Emission Vehicle (ZEV) mandate, at least 22% of vehicles sold this year must be zero-emission, with the target expected to hit 80% by 2030 and 100% by 2035.
Manufacturers that fail to hit quotas could be fined £15,000 per car.
The bosses of several car companies, including BMW, Ford and Nissan, wrote to Chancellor Rachel Reeves on Friday saying the industry was likely to miss these targets.
They said economic factors such as higher energy and material costs and interest rates had meant electric cars remained "stubbornly more expensive and consumers are wary of investing". The average cost to buy an electric car in the UK is around £48,000.
They said a "lack of confidence" in the UK’s charging infrastructure was another barrier to encourage people to switch to electric.
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🔌 PCB Power: The Silent Workhorses Behind Every Device to Hit $125.4B
Printed Circuit Board (PCB) market is undergoing a significant transformation as it plays a central role in powering today’s advanced electronic systems. From smartphones and smartwatches to electric vehicles and aerospace components, PCBs provide the foundational support and connectivity for electronic circuits. In 2024, the global PCB market was valued at $78.5 billion, and it is projected to soar to $125.4 billion by 2034, growing at a CAGR of 4.8%. The growing demand for high-performance, miniaturized electronics and rapid IoT adoption is fueling this growth. Multilayer PCBs continue to dominate the landscape due to their ability to support complex functionalities in compact devices.
Market Dynamics
The core driver of PCB market growth lies in the proliferation of compact, high-functioning electronic devices. Consumer demand for lighter, faster, and smarter gadgets has accelerated innovation in PCB materials and configurations. The automotive sector leads the charge, with electric vehicles (EVs) and autonomous driving technologies requiring sophisticated PCBs that can manage high thermal and power loads. Additionally, 5G deployment, wearable tech, and the surge in medical devices are opening new application frontiers.
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However, the industry isn’t without its challenges. Raw material volatility, supply chain disruptions, and environmental regulations like RoHS and REACH are pushing manufacturers to innovate sustainably. These pressures have led to increased investment in flexible PCBs, HDI (High-Density Interconnect) technology, and smart manufacturing.
Key Players Analysis
The competitive landscape in the PCB industry is dominated by a mix of well-established players and agile innovators. Leading companies such as Zhen Ding Technology, TTM Technologies, and Nippon Mektron continue to set benchmarks in terms of production capacity, R&D, and strategic partnerships. These companies are investing in material efficiency, miniaturization, and AI-integrated manufacturing systems.
Emerging players like Green Tech PCB, Flexi Circuits, and Quantum Circuits are disrupting the market by offering eco-friendly and customizable PCB solutions, aligning with the growing push for sustainability and precision.
Regional Analysis
Asia-Pacific is the undisputed leader in the global PCB market, with China, India, Japan, and South Korea driving substantial demand and production. These countries benefit from a well-integrated electronics supply chain, skilled labor, and strong domestic consumption of electronics.
North America holds a significant share, particularly due to its advanced R&D ecosystem and the presence of top-tier electronics and defense manufacturers. The U.S. remains a hotbed for innovation in aerospace and high-frequency PCBs.
Europe contributes significantly, with Germany and the UK leading in industrial automation and automotive electronics. The region’s green energy movement is also creating demand for renewable-energy-compatible PCBs.
Latin America, the Middle East, and Africa are emerging as promising regions, particularly in telecommunications and smart infrastructure. While growth in these regions is slower, increased investments in tech and infrastructure signal long-term potential.
Recent News & Developments
Recent developments in the PCB market are reshaping product offerings and pricing strategies. The shift towards miniaturization, HDI designs, and flex-rigid boards has led to a wide cost spectrum — from as low as $5 for simple PCBs to over $500 for advanced multi-layered boards. Innovations such as conductive inks, flexible substrates, and additive manufacturing are revolutionizing the way PCBs are designed and produced.
Strategic mergers and acquisitions, green manufacturing techniques, and the rise of Industry 4.0 practices are also impacting the market. For instance, companies are leveraging smart factories to reduce turnaround time and enhance design precision. Meanwhile, compliance with environmental regulations is nudging manufacturers toward eco-conscious production.
Browse Full Report : https://www.globalinsightservices.com/reports/printed-circuit-board-market/
Scope of the Report
This report provides a holistic view of the global PCB market, analyzing its evolution from 2018 to 2023 and forecasting trends up to 2034. It segments the market by type, application, technology, material, and end-user, among others. The research highlights both quantitative trends (market size, CAGR, growth forecasts) and qualitative factors (strategies, challenges, innovations).
We cover cross-segmental growth patterns, regional trends, import-export dynamics, and regulatory landscapes, enabling companies to make data-driven strategic decisions. Whether you’re a stakeholder looking to expand in Asia or an innovator eyeing sustainability, this report serves as a comprehensive toolkit for navigating the future of the PCB industry.
Discover Additional Market Insights from Global Insight Services:
Industrial Robotics Market : https://www.globalinsightservices.com/reports/industrial-robotics-market/
Printed Electronics Market : https://www.globalinsightservices.com/reports/printed-electronics-market/
Current Sensor Market : https://www.globalinsightservices.com/reports/current-sensor-market/
Fiber Optic Cables Market : https://www.globalinsightservices.com/reports/fiber-optic-cables-market/
Medical Sensors Market : https://www.globalinsightservices.com/reports/medical-sensors-market/
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Nano Materials for Lithium Battery Market Size, Demand & Supply, Regional and Competitive Analysis 2023–2032
Definition
Nano materials for lithium batteries refer to nanoscale substances (typically <100nm) used to enhance the performance of lithium-ion batteries. These include nanostructured anode and cathode materials (such as nano-silicon, nano-lithium iron phosphate, and nano-cobalt oxide), nanocoatings, and nanocomposites that improve conductivity, capacity, and stability. These materials offer higher surface area, shorter diffusion paths, and better mechanical strength, making them ideal for high-performance energy storage applications.
With the rising demand for electric vehicles (EVs), renewable energy storage, and portable electronics, nano materials have become pivotal in achieving longer battery life, faster charging, and enhanced energy density. This report explores the global market trends, projections, and the strategic role of nano materials in shaping the future of lithium battery technology.
Market Size
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As of 2023, the global Nano Materials for Lithium Battery market was valued at USD 1,297.3 million. It is projected to reach USD 4,928.2 million by 2032, growing at a CAGR of 15.8% during the forecast period. This impressive growth is driven by the surge in electric vehicle adoption, advancements in battery technology, and increasing demand for high-efficiency energy storage systems across sectors.
Growth Projections and Trends
The market is undergoing rapid transformation fueled by:
Rising production and sales of EVs, especially in Asia-Pacific and Europe.
Technological breakthroughs in nanostructured electrode materials.
Government initiatives to reduce carbon emissions and invest in sustainable energy infrastructure.
Trends such as solid-state batteries, nano-coatings for thermal management, and hybrid nanocomposite materials are emerging as key innovations reshaping the competitive landscape.
Market Dynamics
Drivers
EV Market Expansion: The global shift toward electric mobility is increasing demand for lithium batteries with higher efficiency, longer life, and faster charging, all of which benefit from nano materials.
Performance Enhancement: Nano materials significantly enhance ion transport, charge-discharge rates, and battery lifespan.
Supportive Government Policies: Tax incentives, R&D grants, and EV mandates in major economies are fueling investments in advanced battery technologies.
Restraints
High Production Costs: The complex synthesis of nano materials and scalability issues pose cost barriers.
Environmental and Safety Concerns: Nanomaterial toxicity and disposal issues require regulatory oversight.
Opportunities
Solid-State Battery Development: Nano materials are instrumental in enabling next-gen solid-state lithium batteries.
Growth in Stationary Energy Storage: Solar and wind installations demand robust storage solutions, increasing nano material usage.
Challenges
Commercial Scalability: Transitioning lab-scale breakthroughs to commercial production remains challenging.
Raw Material Volatility: Fluctuating prices of rare elements (like cobalt, nickel) impact production costs.
Regional Analysis
North America
Significant R&D activities and EV manufacturing expansion in the U.S. and Canada are fueling the nano materials market. Tesla and other EV leaders are investing heavily in next-gen battery innovations.
Europe
Europe’s strong regulatory push for zero-emission vehicles and its EV adoption rate place it as a leading market. Countries like Germany, France, and Norway are investing in gigafactories and nano-enhanced battery technologies.
Asia-Pacific
The largest and fastest-growing region due to China, Japan, and South Korea's dominance in battery production. China leads in nanotechnology patents, while South Korea focuses on advanced materials for EVs and portable electronics.
Latin America
Growing investments in lithium mining (especially in Chile, Argentina) are expected to trigger local battery and nano material industries in the medium term.
Middle East & Africa
Still nascent but poised for growth as energy storage becomes critical for off-grid renewable installations.
Competitor Analysis
Key companies are innovating to secure market leadership through strategic partnerships, patents, and production scale-ups. Major players include:
NEI Corporation – Specializes in custom-engineered nano materials for energy storage applications.
Targray – Offers a wide portfolio of nano-enhanced anode and cathode materials.
LG Chem – Invests in nano-layered cathodes to boost lithium-ion battery performance.
BYD Company Ltd. – Incorporates nano phosphate materials in its lithium iron phosphate batteries.
Samsung SDI – Develops advanced nano-silicon anodes for next-gen batteries.
Global Nano Materials for Lithium Battery: Market Segmentation Analysis
By Type
Nano Lithium Iron Phosphate (LFP)
Nano Lithium Cobalt Oxide (LCO)
Nano Lithium Manganese Oxide (LMO)
Nano Silicon Materials
Other Nano Materials
By Application
Electric Vehicles
Consumer Electronics
Industrial Energy Storage
Medical Devices
Others
By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
FAQs
1. What is the current market size of Nano Materials for Lithium Battery? As of 2023, the global market is valued at USD 1,297.3 million and is projected to reach USD 4,928.2 million by 2032, with a CAGR of 15.8%.
2. Who are the key companies in this market? Key players include NEI Corporation, Targray, LG Chem, BYD Company Ltd., and Samsung SDI, among others.
3. What are the major growth drivers? The EV boom, rising energy storage demand, performance benefits of nano materials, and supportive global policies are major drivers.
4. Which region is expected to lead the market? Asia-Pacific is expected to dominate due to its strong manufacturing ecosystem and government backing for battery innovation.
5. What are the emerging trends? The shift toward solid-state batteries, nano-silicon anodes, and advanced coating technologies are key trends shaping the future of the market.
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Supercapacitors Material Market, Global Outlook and Forecast 2025-2032
Supercapacitors Material Market Size, Demand & Supply, Regional and Competitive Analysis 2025-2031
The Supercapacitors Material Market refers to the global industry focused on materials used in the manufacturing of supercapacitors, which are energy storage devices offering high power density, rapid charge-discharge cycles, and longer lifespan compared to conventional batteries. These materials include activated carbon, carbide-derived carbon, carbon aerogel, graphene, metal oxides, and conductive polymers, which contribute to the efficiency and durability of supercapacitors.
Market Size
The Global Supercapacitors Material Market was valued at US$ 409.7 million in 2024 and is projected to reach US$ 503.5 million by 2030, exhibiting a CAGR of 2.9% during the forecast period. The steady market expansion is driven by increased applications in electric vehicles (EVs), renewable energy storage, consumer electronics, and industrial applications.
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Historical Trends: The market has witnessed rapid growth due to advancements in material science and increasing demand for high-power energy storage solutions.
Growth Projections: As industries transition towards sustainable energy solutions, supercapacitors will play a pivotal role, further fueling market expansion.
Market Dynamics (Drivers, Restraints, Opportunities, and Challenges)
Drivers
Rising Demand for Energy Storage Solutions – Increasing adoption of supercapacitors in EVs, industrial automation, and consumer electronics.
Government Incentives & Environmental Concerns – Regulatory policies supporting the use of energy-efficient and eco-friendly storage technologies.
Technological Advancements – Innovations in graphene-based and hybrid capacitor materials to enhance performance.
Growing Use in Renewable Energy – Integration of supercapacitors in solar and wind energy storage for efficient power management.
Restraints
High Manufacturing Costs – The production of high-performance supercapacitor materials is expensive.
Limited Energy Density – Compared to lithium-ion batteries, supercapacitors have lower energy storage capacity, limiting their applicability in high-energy-demand sectors.
Complex Manufacturing Process – The fabrication of advanced materials like graphene and metal oxides is challenging and costly.
Opportunities
Expansion in EV and Hybrid Vehicles – Growing demand for efficient energy storage solutions in the electric vehicle industry.
Emerging Markets in APAC & MEA – Rapid industrialization in regions like China, India, and Africa presents lucrative opportunities.
Advancements in Nanotechnology – The development of nanomaterials for supercapacitors enhances energy density and performance.
Challenges
Scalability Issues – Difficulty in mass production of high-quality supercapacitor materials.
Competition from Batteries – Ongoing improvements in battery technologies pose a challenge to market penetration.
Material Supply Chain Disruptions – Availability and sourcing issues of raw materials like graphene and metal oxides.
Regional Analysis
North America
Strong presence of key market players like DuPont and Cabot Corporation.
High investments in EV infrastructure and smart grid solutions.
Government policies promoting clean energy storage solutions.
Europe
Leading in renewable energy integration.
Strong R&D focus in Germany, France, and the UK for advanced supercapacitor materials.
Significant demand from automotive and aerospace sectors.
Asia-Pacific (APAC)
Dominates the market due to rapid industrialization and adoption of EVs in China, Japan, and South Korea.
Major manufacturers like Toray Industries and Kuraray Co. operate in the region.
High government support for smart energy solutions.
Middle East & Africa (MEA)
Emerging demand in renewable energy projects.
Growth in industrial automation and transportation electrification.
South & Central America
Developing markets in Brazil and Argentina driving demand for energy storage solutions.
Increasing investments in urban infrastructure and grid modernization.
Competitor Analysis
Key players in the Supercapacitors Material Market include:
Kuraray Co., Ltd. (Japan) – Leading provider of activated carbon-based materials.
Cabot Corporation (US) – Major player in carbon-based materials for energy storage.
Arkema Group (France) – Specializes in conductive polymers for supercapacitors.
BASF SE (Germany) – Developing advanced graphene-based materials.
Solvay S.A. (Belgium) – Focuses on metal oxide-based materials.
Panasonic Corporation (Japan) – Innovating in hybrid capacitor technologies.
Market Segmentation (by Application)
Double layer capacitors
Pseudocapacitors
Hybrid capacitors
Market Segmentation (by Type)
Activated carbon
Carbide derived carbon
Carbon aerogel
Graphene
Metal Oxides
Conductive Polymers
Key Company
DuPont (US)
Lomiko Metals Inc. (Canada)
Cabot Corporation
Arkema Group
BASF SE
Solvay S.A.
Kuraray Co., Ltd.
Toray Industries, Inc.
Nanotek Instruments, Inc.
Skeleton Technologies
XG Sciences, Inc.
PPG Industries, Inc.
Showa Denko K.K.
Teijin Limited
Hitachi Chemical Co., Ltd.
Panasonic Corporation
LG Chem Ltd.
Geographic Segmentation
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
Middle East & Africa (Middle East, Africa)
South & Central America (Brazil, Argentina, Rest of SCA)
FAQ
01. What is the current market size of the Supercapacitors Material Market?
The market is valued at US$ 409.7 million in 2024 and is projected to reach US$ 503.5 million by 2030, growing at a CAGR of 2.9%.
02. Which are the key companies operating in the Supercapacitors Material Market?
Leading companies include Kuraray Co., Ltd., Cabot Corporation, Arkema Group, BASF SE, Solvay S.A., and Panasonic Corporation.
03. What are the key growth drivers in the Supercapacitors Material Market?
Key drivers include rising demand for energy storage, government incentives, technological advancements, and integration in renewable energy solutions.
04. Which regions dominate the Supercapacitors Material Market?
The Asia-Pacific region leads the market, followed by North America and Europe.
05. What are the emerging trends in the Supercapacitors Material Market?
Trends include advancements in graphene-based materials, expansion in electric vehicle applications, and growth in hybrid capacitor technologies.
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Electric Vehicle Market Size, Analyzing Trends and Projected Outlook for 2025-2032
Fortune Business Insights released the Global Electric Vehicle Market Trends Study, a comprehensive analysis of the market that spans more than 150+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
The Electric Vehicle Market is experiencing robust growth driven by the expanding globally. The Electric Vehicle Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Electric Vehicle Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing. Electric Vehicle Market is anticipated to grow from USD 287.36 billion in 2021 to USD 1,318.22 billion in 2028 at a CAGR of 24.3% in the 2021-2028 period. The sudden rise in CAGR is attributable to this market’s growth and demand, returning to pre-pandemic levels once the coronavirus crisis is over.
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Dominating Region:
North America
Fastest-Growing Region:
Asia-Pacific
Major Electric Vehicle Market Manufacturers covered in the market report include:
BMW Group (Munich, Germany)
BYD Company Ltd. (Shenzhen, China)
Daimler AG (Stuttgart, Germany)
Ford Motor Company (Michigan, U.S.)
General Motors Company (Michigan, U.S.)
Nissan Motor Corporation (Kanagawa, Japan)
Tesla, Inc. (California, U.S.)
Toyota Motor Corporation (Toyota City, Japan)
Volkswagen AG (Wolfsburg, Germany)
Groupe Renault (Boulogne-Billancourt, France)
Governments are offering attractive incentives and policies to encourage the sales of EVs. It provides consumers with multiple benefits, such as reduced selling prices, zero or low registration fees, and the free charging infrastructure of EVs at multiple charging stations. Moreover, several governments across the world exempt road tax, import tax, and purchase tax based on different subsidies.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Electric Vehicle Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
Frequently Asked Questions (FAQs):
► What is the current market scenario?
► What was the historical demand scenario, and forecast outlook from 2025 to 2032?
► What are the key market dynamics influencing growth in the Global Electric Vehicle Market?
► Who are the prominent players in the Global Electric Vehicle Market?
► What is the consumer perspective in the Global Electric Vehicle Market?
► What are the key demand-side and supply-side trends in the Global Electric Vehicle Market?
► What are the largest and the fastest-growing geographies?
► Which segment dominated and which segment is expected to grow fastest?
► What was the COVID-19 impact on the Global Electric Vehicle Market?
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
Political (Political policy and stability as well as trade, fiscal, and taxation policies)
Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
Technological (Changes in digital or mobile technology, automation, research, and development)
Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Points Covered in Table of Content of Global Electric Vehicle Market:
Chapter 01 - Electric Vehicle Market for Automotive Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Electric Vehicle Market - Pricing Analysis
Chapter 05 - Global Electric Vehicle Market Background or History
Chapter 06 - Global Electric Vehicle Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Electric Vehicle Market.
Chapter 08 - Global Electric Vehicle Market Structure & worth Analysis
Chapter 09 - Global Electric Vehicle Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Electric Vehicle Market Research Methodology
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Hybrid Product Portfolio of OEMs: Regional Insights and Competitive Landscape Through 2030
The hybrid market is projected to grow from 12.4 million units in 2024 to 28.5 million units by 2030 at a CAGR of 13.0%. The major drivers of the market are stringent emission norms set by the governments, an increase in the adoption of sustainable vehicles, and superior efficiency without range anxiety or charging or battery discharge. By region, Europe and China are projected to lead the hybrid market during the forecast period. On the other hand, North America and Asia (excluding China) are witnessing significant demand for hybrid vehicles.
"SUVs will account for the largest share of hybrids in 2030."
SUVs have gained popularity in the past few years. Considering all the powertrains, SUVs hold over half of the total sales globally. Similarly, over half of the hybrid (HEV+PHEV) sales are in the SUV segment. This segment has rapidly gained popularity among consumers owing to its road presence, longer range in the case of hybrids, and advanced safety and comfort features. Consumers prefer compact and mid-size hybrid SUVs over sedans and hatchbacks because of their longer range and cargo space.
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"PHEV propulsion type to register the fastest growth during the forecast period in the hybrid market."
The PHEV category registered the fastest growth at a CAGR of 14.4% during the 2025 to 2030 period. On the contrary, PHEVs will decline after 2030, as BEVs will gain more adoption. PHEVs are equipped with ICE and EV driving technology and have an extensive driving range. Moreover, the vehicle can be refueled easily, whereas the battery can also be charged similarly to a BEV at any charging point. Several new PHEVs will be launched by 2030 by major OEMs worldwide. Therefore, the hybrid market will see growth till 2030.
Europe is estimated to be the largest hybrid market.
Europe is expected to be the largest market for hybrid passenger vehicles in the coming years. The European Union has set stringent rules to achieve zero emissions targets. One of the important targets is that new cars will have to reduce CO2 emissions by 55% for passenger vehicles. Hybrids fit perfectly in the scenario as they have lower emissions than ICE vehicles. This will boost the sales of hybrids (HEV & PHEV) in the European market. HEVs help reduce emissions during the start & stop function and operate on a battery when initial driving torque is required. The HEV operation is similar to ICE, with small upgrades in the engine and start & stop mechanism. The HEV propulsion also enhances the driving range of the vehicle.
Key Players:
Toyota (Japan), BYD (China), Renault-Nissan-Mitsubishi (France), Hyundai Group (South Korea), Honda (Japan), Stellantis (Netherlands), Suzuki (Japan), Volkswagen (Germany), Geely Group (China), Mercedes-Benz (Germany), Great Wall Motors [GWM] (China), Li Auto (China), BMW Group (Germany), Ford Motors (US).
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Investing in Connection: Opportunities in the Automotive Relay Market
Automotive Relay Market Growth & Trends
The global Automotive Relay Market size is expected to reach USD 24.97 billion by 2030, registering a CAGR of 8.1% during the forecast period, according to a new report by Grand View Research, Inc. Increasing vehicular safety regulations in various regions across the globe is driving the automotive relay market. Further, increasing adoption of electric vehicles amongst passenger car segment end users has made automotive electronics including the automotive relay industry to gain significant market share.
Systems such as advanced driver assistance systems (ADAS), electronic stability control, electronic steering systems, brake-by-wire systems, and airbags are gaining momentum across the globe, owing to their safety and comfort benefits. Strict safety guidelines employ substantial pressure on Tier-1 suppliers and the OEMs to design improved safety systems for automobiles. Furthermore, there is a growing demand for enhanced comfort and convenience in automobiles.
Many governments provide lucrative offers to promote the selling and usage of Electric Vehicles EVs. Tax benefits are provided at the time of purchase. However, the extent of the exemption depends on the size of the batteries used in the vehicle. In the United States, insurance companies provide discounts on insurance policies to customers, and utility companies are offering low electricity rates. Also, few states offer credits to electric vehicle manufacturers and buyers for their costs and purchase of charging equipment. Many European countries follow incentive-based programs for promoting EVs. Countries, like Germany and Austria, offer tax exemptions and reductions.
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Automotive Relay Market Report Highlights
The increasing vehicular safety norms across the globe and the growing adoption of electric passenger car vehicles amongst end-users are expected to drive the market.
Electric automotive parts have diversified over the past decade, leading to an increase in the number of relays used as switching devices as well as variation in the required features of each relay
Asia Pacific is a key revenue-generating region and captured a significant market share in 2022. The region exhibits a high growth potential, which may be attributed to high vehicle demand in this region.
Automotive Relay Market Segmentation
Grand View Research has segmented the global automotive relay market based on product, vehicle type, application, and region:
Automotive Relay Product Outlook (Revenue, USD Million, 2017 - 2030)
PCB Relay
Plug-in Relay
High Voltage Relay
Others
Automotive Relay Vehicle Type Outlook (Revenue, USD Million, 2017 - 2030)
Passenger Vehicles
Commercial Vehicles
Electric Vehicles
Automotive Relay Application Outlook (Revenue, USD Million, 2017 - 2030)
Resistive Loads
HVAC
Capacitive Loads
Engine Management Module
Fog Lights
ABS Module
Front and Rear Beam
Inductive Loads
Power Window
Central Lock
Cooling Fan
Clutches
Automotive Relay Regional Outlook (Revenue, USD Million, 2017 - 2030)
North America
U.S.
Canada
Europe
UK
Germany
France
Asia Pacific
China
Japan
India
Australia
South Korea
Latin America
Brazil
Mexico
Middle East and Africa
United Arab Emirates (UAE)
Saudi Arabia
South Africa
Download your FREE sample PDF copy of the Automotive Relay Market today and explore key data and trends.
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Electric Vehicle Transmission Market Set to Triple by 2034 — EV Tech Is Shifting Gears
Electric Vehicle (EV) Transmission Market is charging ahead with remarkable speed, forecasted to grow from $7.5 billion in 2024 to a massive $22.3 billion by 2034. This impressive growth, at a projected CAGR of 11.5%, reflects the global acceleration toward clean, efficient, and sustainable mobility. EV transmissions are no longer just technical components — they’re key players in shaping the future of transportation.
EV transmissions, whether single-speed for simplicity or multi-speed for performance, are vital in ensuring electric motors operate efficiently. As automakers shift their focus from combustion engines to electric drivetrains, these systems are evolving rapidly to meet demands for smoother rides, improved torque, and optimized range. The rising interest in EVs, driven by climate policies and growing consumer awareness, is paving the way for robust demand across various segments.
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Market Dynamics
Another driving factor is the consumer preference for high-performance EVs that feel just as dynamic as traditional cars. This is pushing the demand for multi-speed and dual-clutch transmission systems in high-end electric models. However, challenges such as high R&D costs, integration complexities, and raw material limitations persist. Yet, the drive for innovation, including AI-enhanced and lightweight transmission solutions, keeps the market thriving.
Key Players Analysis
A blend of traditional powerhouses and agile newcomers dominate the EV transmission landscape. Industry giants like ZF Friedrichshafen, BorgWarner, and Aisin Seiki lead the charge with deep technical know-how and expansive production capabilities. Others like Magna Powertrain, GKN Automotive, and Continental AG are making strategic investments in R&D to stay competitive.
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Emerging disruptors — Volt Shift, Green Torque, E-Drive Innovators, and Drive Fusion — are gaining traction with niche technologies and creative designs tailored for next-gen EVs. The competitive edge increasingly lies in the ability to balance efficiency, performance, and affordability while meeting diverse market needs — from compact urban EVs to heavy-duty commercial electric trucks.
Regional Analysis
Asia-Pacific leads the EV transmission market, thanks to powerhouse economies like China, Japan, and South Korea. Aggressive EV mandates, mature manufacturing ecosystems, and vast consumer bases are fueling growth. China, in particular, is dominating through policy-driven adoption, supported by tech-savvy local manufacturers.
Europe follows closely, with countries like Germany, France, and Norway championing carbon-neutral mobility. The region benefits from high environmental consciousness and a mature automotive sector pushing EV innovation.
North America, led by the U.S., is not far behind. With tech innovations from Silicon Valley and major automakers ramping up electric models, transmission technologies are evolving fast. Government tax incentives and infrastructure investments are strengthening market growth in the region.
Recent News & Developments
The EV transmission industry is currently buzzing with fresh innovations. Companies are rolling out lightweight, compact systems that enhance battery range and reduce energy loss. A notable trend is the integration of AI-driven control systems, making transmissions smarter and more adaptive to road conditions and driving behavior.
Manufacturers are also refining their cost structures through automated production and tighter supply chains, bringing down the price of transmission units to between $1,000 and $5,000. Collaborations between automakers and tech firms are on the rise, unlocking synergies in software, hardware, and system integration.
Additionally, with EV adoption soaring in developing markets like India and Brazil, new growth frontiers are emerging. Governments in these countries are offering generous subsidies and infrastructure support to catalyze EV deployment, which is directly benefiting the transmission market.
Scope of the Report
This report delivers in-depth insight into the global EV transmission market from multiple angles. It covers a comprehensive forecast up to 2034, segmented by type, product, technology, and region. With detailed analysis on drivers, restraints, trends, and opportunities, it helps businesses strategize effectively.
The report also assesses competitive dynamics, profiling leading players and highlighting market share, innovations, and strategic moves. Regional assessments dive deep into consumer behavior, regulatory environments, and manufacturing ecosystems. It also evaluates cross-segment synergies, demand-supply balances, and import-export trends.
As the world moves towards electric mobility, the EV transmission market stands at the crossroads of technology and sustainability. With the right strategies, stakeholders can ride this electrified wave into a greener, smarter future.
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BYD already has an electric bus manufacturing plant in the northwestern Hungarian city of Komarom, but the planned Szeged factory would be the first major consumer EV production facility in Europe for a Chinese electric car manufacturer(..)
She went on to say the EU sees the electric vehicle sector as “a crucial industry for the clean economy, with huge potential for Europe, but global markets are now flooded with cheaper Chinese electric cars. And their price is kept artificially low by huge state subsidies.(..)”
There is some truth to her argument. A BYD Dolphin sells for €28,990 in France but only €15,200 (116,800 yuan) in China. An MG ZS sells for €31,310 in Germany but only €15,600 (119,800 yuan) in China. The Zeekr X sells for €44,990 in Germany but only €24,700 (189,800 yuan) in China. Those numbers seem to support von der Leyen’s statement but a BMW iX3 that sells for €67,300 in Germany costs €51,800 (405,000 yuan) in China, a difference that can be largely attributed to the cost of shipping between the two countries.
P.S. But this argument can be reliably turned in the opposite direction as well: "European outdated car companies artificially keep the prices of electric cars too high and produce poorly designed compliance electric cars in order not to damage the investment of these companies in their fossil car business!" ...
BYD's future production facility in Hungary means that the EU will no longer be able to protect its inefficient legacy companies with customs barriers, just as German politicians are unable to save VW from competition from Tesla. Giga Berlin is a much more efficient factory than any VW factory next door...!
Tesla simply produces more efficiently designed and more reliable electric cars... Yes, Tesla's products are not cheap, but they work quite well and word for word their reputation, especially the positive reputation of the reliability of the Supercharger charging network, is getting stronger...
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Charging Ahead: The Business of Battery Cooling Plates in the EV Era
The global battery cooling plate market size is expected to reach USD 5.01 billion by 2030, growing at a CAGR of 37.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for electric vehicles (EVs) because of the ongoing decarbonization efforts and green energy initiatives is anticipated to be the key driver for market growth during the forecast period.
Battery electric vehicles (BEV) are anticipated to drive volume demand in the market. The BEVs use a battery pack to store electrical energy to power their motors. Battery cooling plates are widely utilized as heat dissipation is extremely important for the safety and optimum performance of the vehicle. The battery cooling plates are mainly used in liquid cooling, a widely used battery thermal management system technology.
The increase in the production of EV batteries is fueling market growth. For instance, as of June 2023, GM and Samsung SDI are building a new EV battery plant worth USD 3 billion in Indiana, U.S., as a joint venture. This will be GM’s fourth battery plant in the U.S. In addition, in May 2023, Hyundai and LG Energy announced a new EV battery plant in the U.S., worth USD 4.3 billion.
Indirect cooling held the largest revenue share of the market in 2022, and it is likely to continue its dominance during the forecast period. Like traditional internal combustion engines, the liquid coolant circulates through a system of pipes embedded into a battery cooling plate. It is the most widely used commercial technology, readily utilized by EVs. There is ongoing R&D to develop more efficient cooling methods.
Asia Pacific held the largest revenue share of the market in 2022 due to the highest volumes sold. Charging infrastructure is being developed at a rapid pace. Various tax incentives are being provided to buyers to encourage purchases. For instance, in June 2023, China offered the EV industry its largest package of tax breaks of USD 72.3 billion for over four years, aiming to boost the slowing auto sales.
Battery Cooling Plate Market Report Highlights
Based on process indirect cooling is anticipated to register the fastest CAGR of 37.5%, in terms of revenue, from 2023 to 2030. This cooling type is widely used in electric vehicles(EVs) because of its established technology, widely available coolant liquid, and economical cost
Based on application, BEV is anticipated to register the fastest CAGR of 42.1% in terms of revenue, during the forecast period. BEVs are purely battery-operated vehicles with zero carbon emissions and attract tax incentives for their production and purchase
Based on region, Asia Pacific is expected to register the fastest CAGR of 39.2%, in terms of revenue, over the forecast period. Various government initiatives are propelling the growth. For instance, the region is part of the Electric Vehicles Initiative (EVI), a forum to accelerate the adoption of EVs worldwide
In September 2021, MAHLE GmbH developed a new system for cooling batteries. The immersion cooling technology helps reduce charging time for EVs; thus, batteries can be smaller, resulting in more resource-efficient and low-cost EVs
Battery Cooling Plate Market Segmentation
Grand View Research has segmented the global battery cooling plate market based on process, application, and region:
Battery Cooling Plate Process Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Direct Cooling
Indirect Cooling
Battery Cooling Plate Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
BEV
PHEV
Battery Cooling Plate Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
North America
US
Europe
Germany
France
UK
Netherlands
Asia Pacific
China
Japan
Central & South America
Middle East & Africa
Key Players in the Battery Cooling Plate Market
Bespoke Composite Panels
Dana Limited
Estra Automotive
KOHSAN Co., Ltd
MAHLE GmbH
Modine Manufacturing Company
Nippon Light Metals
Priatherm
SANHUA Automotive
Order a free sample PDF of the Battery Cooling Plate Market Intelligence Study, published by Grand View Research.
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Die Casting Lubricants: Not Sexy, Just Quietly Becoming a $200M Industry 🛢️✨ #AutoNerdStuff
Automotive Die Casting Lubricants Market plays a crucial role in enhancing the efficiency and quality of the die casting processes in the automotive sector. Die casting lubricants, which include both water-based and oil-based variants, are essential for reducing friction, improving mold release, and prolonging the lifespan of the dies used in the production of automotive components.
These lubricants not only help in ensuring smoother manufacturing but also contribute to the production of lightweight, high-performance components that are integral to modern vehicles. The market is expanding rapidly due to advancements in vehicle design, manufacturing processes, and the increasing adoption of electric vehicles.
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Market Dynamics
The growth of the automotive die casting lubricants market is largely driven by several key factors. Advancements in vehicle design, with a focus on reducing weight and improving fuel efficiency, have led to an increased demand for die casting lubricants that can support these new manufacturing requirements. Water-based lubricants dominate the market due to their environmental benefits, such as reduced emissions and superior cooling properties. However, oil-based lubricants, though trailing, are also highly valued for their robust lubrication and protection against wear and tear. Additionally, the growing shift towards electric vehicles (EVs) is driving demand for specialized die casting lubricants that can handle the unique manufacturing processes required for EV components.
Key Players Analysis
The automotive die casting lubricants market is competitive, with major players such as Henkel AG, Chem-Trend, and FUCHS Lubricants leading the charge. These companies have a significant market share and are known for their extensive research and development (R&D) efforts to develop innovative and sustainable lubricant formulations. These players are focusing on developing water-based and biodegradable lubricants to meet environmental regulations and satisfy the growing demand for eco-friendly automotive components. Other notable players in the market include ExxonMobil, Quaker Houghton, and Henkel, who are also striving to create advanced lubricants for the evolving automotive manufacturing landscape.
Regional Analysis
The Asia-Pacific region is the dominant player in the automotive die casting lubricants market. This can be attributed to the rapid industrialization and booming automotive manufacturing in countries like China and India. These countries have experienced substantial growth in vehicle production, creating a strong demand for high-quality lubricants. North America also holds a significant share of the market, especially in the United States, where technological innovations and a strong focus on high-performance vehicles are prevalent. Europe follows closely, with countries such as Germany and France leading the way in advanced manufacturing processes. The demand for environmentally friendly lubricants in Europe is particularly high, driven by the region’s focus on sustainability and emission reduction.
Emerging markets in Latin America, particularly Brazil and Mexico, are contributing to the market’s expansion. The adoption of modern manufacturing technologies and increased automotive production in these regions are key drivers of market growth.
Recent News & Developments
The automotive die casting lubricants market is undergoing a period of transformation, particularly influenced by the rapid adoption of electric vehicles. As EV manufacturers seek lightweight components, the demand for advanced die casting lubricants has surged. This shift is particularly noticeable in regions such as Asia-Pacific and Europe, where EV adoption is accelerating. Leading lubricant companies are focusing on the development of biodegradable and non-toxic formulations that comply with stringent environmental regulations, which is reshaping the competitive landscape.
In addition, innovations such as the integration of nanotechnology into lubricants are improving their performance, offering better thermal stability and greater efficiency. Companies are also focusing on collaborations with automotive manufacturers to align their products with the latest trends in vehicle manufacturing, especially in the EV sector.
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Scope of the Report
The scope of this report encompasses a comprehensive analysis of the automotive die casting lubricants market, including a detailed examination of market size, trends, drivers, challenges, and opportunities. The report covers various market segments, including lubricant types (water-based, oil-based, semi-synthetic, synthetic), products (release agents, plunger lubricants, die conditioners), and applications (pressure die casting, gravity die casting, low pressure die casting). Additionally, it provides insights into key regional markets and forecasts growth through 2034, offering strategic recommendations for market participants to capture growth opportunities.
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Solid State Rectifiers Surge: Five Global Heavyweights Set to Power a $9.4 Billion Market by 2035
March 26, 2025
The global market for Solid State Rectifiers is primed for a powerful ascent. Recent analysis from DataString Consulting reveals a climb from $4.8 billion in 2024 to a staggering $9.4 billion by 2035. Leading this charge are five industrial titans: the United States, China, Germany, Japan, and South Korea.
The Age of Solid State Efficiency
As ageing technologies bow out, modern solid state rectifiers step up with enhanced efficiency, compact designs, and unmatched reliability. Their role in converting alternating to direct current makes them indispensable across power grids, renewable energy infrastructure, and fast-growing electric vehicle systems.
A Semiconductor-Powered Revolution
The digital era is reshaping the market landscape. By integrating advanced semiconductor tech, these rectifiers now deliver higher performance with minimal energy loss. Their reduced environmental footprint aligns with the growing industrial appetite for sustainable, high-efficiency power solutions.
Market Giants Moving the Needle
Industry leaders like ON Semiconductor, STMicroelectronics, and Texas Instruments are charting bold paths forward, investing in cutting-edge R&D to expand applications in EVs, consumer electronics, and industrial automation.
Regional Shifts and Power Moves
North America’s deep-rooted R&D ecosystem ensures it remains a hub for innovation. Simultaneously, Asia-Pacific and Europe are surging ahead, driven by aggressive adoption rates in automotive and industrial sectors.
For a deeper dive into the numbers and strategic forecasts, explore the full report at DataString Consulting.
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