#Global Electric Vehicle Charging Outlets Market Forecast
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Electric Two-Wheeler System Market Size, Analyzing Trends and Projected Outlook for 2025-2032
Fortune Business Insights released the Global Electric Two-Wheeler System 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 Two-Wheeler System Market is experiencing robust growth driven by the expanding globally. The Electric Two-Wheeler System Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Electric Two-Wheeler System 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 Two-Wheeler System Market Size, Share & Industry Analysis, By Battery Type (Sealed Lead Acid, Lithium-Ion), By Voltage Type ( 36V, 48V, 60V, 72V), By Vehicle Type (E-Mopeds, E-Motorcycle) And Regional Forecast 2021-2028
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Dominating Region:
North America
Fastest-Growing Region:
Asia-Pacific
Major Electric Two-Wheeler System Market Manufacturers covered in the market report include:
Major players operating in the global Electric Two-Wheeler System market include Hero Electric, Jiangsu Xinri E-Vehicle Co., Ltd., Energica Motor Company S.p.A, Ampere Vehicles, Silence Urban Ecomobility, Zero Motorcycles, Inc., Vmoto Limited, GOVECS AG, NIU International, and Yadea Group Holdings Ltd among others.
Electric two-wheelers can be easily charged through any power outlet, and usually have removable or replaceable batteries, which can be detached from the vehicle and charged indoor. Technological advances in the field of battery management systems are expected to fuel the demand for electric two-wheeler over the forecast period. Various tax benefits offered by the governments and vendors is also another reason that is fuelling the demand for electric two-wheelers. Recently, India announced to put an end to its 150cc ICE two-wheeler manufacturing by 2025.
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 Two-Wheeler System 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 Two-Wheeler System Market?
► Who are the prominent players in the Global Electric Two-Wheeler System Market?
► What is the consumer perspective in the Global Electric Two-Wheeler System Market?
► What are the key demand-side and supply-side trends in the Global Electric Two-Wheeler System 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 Two-Wheeler System 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 Two-Wheeler System Market:
Chapter 01 - Electric Two-Wheeler System Market for Automotive Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Electric Two-Wheeler System Market - Pricing Analysis
Chapter 05 - Global Electric Two-Wheeler System Market Background or History
Chapter 06 - Global Electric Two-Wheeler System Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Electric Two-Wheeler System Market.
Chapter 08 - Global Electric Two-Wheeler System Market Structure & worth Analysis
Chapter 09 - Global Electric Two-Wheeler System Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Electric Two-Wheeler System Market Research Methodology
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EV Charging Infrastructure Market Competitive Landscape and Strategic Insights to 2033
Introduction
The global transition toward sustainable mobility has catalyzed an unprecedented surge in the demand for electric vehicles (EVs), propelling the expansion of the EV charging infrastructure market. As governments, businesses, and consumers increasingly embrace clean energy alternatives, the development of robust, accessible, and high-speed charging networks has become a linchpin for electric mobility. This article delves into the current state, emerging trends, market drivers, challenges, and growth projections of the EV charging infrastructure market, forecasting its trajectory through 2032.
Market Overview
The EV charging infrastructure market encompasses the hardware, software, and services essential for charging electric vehicles. This includes residential, commercial, and public charging stations, as well as Level 1, Level 2, and DC fast chargers. In 2023, the global EV charging infrastructure market was valued at approximately USD 25 billion, and it is projected to surpass USD 150 billion by 2032, growing at a CAGR of around 22% during the forecast period.
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Key Market Drivers
1. Soaring EV Adoption
The sharp increase in EV sales is the most significant driver for charging infrastructure. According to the International Energy Agency (IEA), EV sales reached over 14 million units in 2023 and are expected to account for more than 50% of new car sales by 2030.
2. Government Policies and Incentives
Governments worldwide are deploying policies to encourage EV adoption. These include:
Subsidies and tax benefits for EV buyers.
Grants and funding for building public charging networks.
Zero-emission mandates and bans on internal combustion engine (ICE) vehicles.
3. Public-Private Partnerships
Collaborations between governments and private players like Tesla, ChargePoint, and Electrify America are facilitating large-scale rollouts of charging infrastructure.
4. Technological Advancements
The evolution of ultra-fast chargers, wireless charging, and smart grid integration is enhancing the appeal and functionality of charging infrastructure.
Market Segmentation
By Charger Type
Level 1 Chargers: Basic home outlets, slow charging speed.
Level 2 Chargers: Residential and public use, popular due to affordability and speed.
DC Fast Chargers: High-speed, typically used in commercial locations and highway networks.
By Application
Residential: Installed in homes, predominantly Level 1 or Level 2.
Commercial: Shopping malls, offices, hotels, parking lots.
Highway Charging Stations: Essential for long-distance travel.
By Region
North America: Strong growth due to government funding and EV adoption.
Europe: A leader in public infrastructure with EU green mandates.
Asia-Pacific: Fastest-growing region, driven by China, Japan, South Korea, and India.
Industry Trends
1. Integration with Renewable Energy
Charging stations powered by solar or wind energy are gaining traction to reduce the carbon footprint of EVs and stabilize the grid.
2. Vehicle-to-Grid (V2G) Technology
V2G allows EVs to return electricity to the grid, enabling load balancing and energy storage.
3. Smart Charging Solutions
Use of AI and IoT to manage charging times, optimize grid usage, and enable demand response services.
4. Battery Swapping Stations
Particularly in Asia, battery swapping is being explored as an alternative to traditional charging, enabling rapid turnaround for commercial fleets.
5. Ultra-fast and Wireless Charging
Innovations in high-power chargers (350kW+) and wireless charging pads are reducing range anxiety and enhancing user convenience.
Competitive Landscape
The EV charging infrastructure market is highly competitive and fragmented, with key players focusing on partnerships, innovation, and global expansion. Notable companies include:
Tesla: Supercharger network, opening for non-Tesla EVs.
ChargePoint: One of the largest EV charging networks in North America.
ABB: Leader in DC fast charging solutions.
Blink Charging: Expanding public charging stations across the U.S.
Siemens, Schneider Electric, EVBox, Tritium: Global players investing in intelligent charging solutions.
Regional Insights
North America
U.S. National Electric Vehicle Infrastructure (NEVI) program aims to deploy 500,000 chargers by 2030.
Strong push from automakers like GM and Ford toward electrification.
Europe
EU mandates and regulations driving investment in both urban and rural EV infrastructure.
The UK plans to ban ICE vehicle sales by 2035, with a strong push toward residential and fast-charging solutions.
Asia-Pacific
China leads globally with over 60% of global EV chargers.
Japan and South Korea investing heavily in fast-charging networks.
India is emerging with a focus on two- and three-wheeler EV segments and urban charging networks.
Market Challenges
1. High Initial Investment
The upfront cost of installing fast-charging stations, especially in rural or low-traffic areas, is a key deterrent.
2. Grid Capacity and Load Management
Widespread EV charging can strain the power grid, requiring infrastructure upgrades and smart grid solutions.
3. Lack of Standardization
Diverse connector types (CCS, CHAdeMO, GB/T) and charging protocols hinder interoperability across networks.
4. Space Constraints
Urban locations often lack the space necessary for large-scale charging station installations.
5. Cybersecurity Risks
As networks become smarter and more connected, they are also more vulnerable to cyberattacks.
Future Outlook (2024–2032)
Global EV charging points are expected to surpass 250 million by 2032, up from 15 million in 2023.
Public fast-charging networks will witness the fastest growth, especially along highways and in emerging markets.
AI, big data, and blockchain will revolutionize EV infrastructure management, enabling predictive maintenance and seamless user experience.
Private sector investment will outpace public funding, especially in fleet electrification and smart city integration.
Battery-integrated charging stations with energy storage solutions will become more common to manage peak loads.
Conclusion
The EV charging infrastructure market is at the heart of the electrification revolution. As the number of EVs on the road continues to climb, a reliable, scalable, and technologically advanced charging network will be essential. Although challenges such as grid strain and high capital costs persist, rapid innovation, strong regulatory support, and global collaboration promise a bright and charged future for the industry.
By 2032, EV charging infrastructure will not just be a utility—it will be a critical part of the global energy and transportation ecosystem, driving sustainability and smart urban living.
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Lithium-ion Battery Cathode Market: Key Insights, Innovations, and Market Dynamics
The global lithium-ion battery cathode market size is expected to reach USD 89.35 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.9% from 2023 to 2030.
Increasing adoption of portable electronics and electric vehicles which uses rechargeable batteries as power source is one of the major factors driving the market growth.The battery technology is developing continuously to meet the power density and performance requirements of devices.
The worldwide registration of electric vehicles is anticipated to increase significantly over the forecast period. Also, rising availability of charging outlets and financial incentives have emerged as crucial factors for the development of lithium-ion cathode market, bolstered by the lower running cost of EVs compared to conventional ICE-operated vehicles.
Technological advancements and increasing demand for lithium-ion batteries from emerging countries as a result of rising electricity demand are likely to support market expansion. Increased emphasis on green technology by international organizations and governmental bodies will fuel production of lithium-ion batteries, providing a growth opportunity for lithium-ion battery cathode industry players like Umicore SA, Suimoto Chemicals, LG Chem, Samsung SDI, Targray Technology international, Inc. NEI Corporation, POSCO Chemicals and etc.
Lithium-ion Battery Cathode Market Report Highlights
In terms of revenue, the cobalt segment of accounted for a significant share in the market in 2022 and is further expected to witness steady growth over the forecast period.
North America region is projected to grow at a substantial rate of 20.5% throughout the forecast period.
Cylindrical in cell type segment accounted for largest share of 43.51% in 2022.
In 2022, consumer electronics in the end-use segment is emerged as the largest segment with a share of39.58%.
S. is likely to display a substantial growth rate during the projected period.
Lithium-ion Battery Cathode Segmentation
Grand View Research has segmented the global lithium-ion battery cathode market based on chemical composition, cell type, end-use and region:
Lithium-ion Battery Cathode Chemical Composition Outlook (Revenue, USD Million, 2018 - 2030)
Cobalt
Manganese
Phosphate
Nickel Cobalt Manganese
Lithium Iron Phosphate
Lithium-ion Battery Cathode Cell Type Outlook (Revenue, USD Million, 2018 - 2030)
Polymer
Cylindrical
Prismatic
Lithium-ion Battery Cathode End-use Outlook (Revenue, USD Million, 2018 - 2030)
Consumer Electronics
Medical Devices
Energy Storage
Automotive
Industrial
Lithium-ion Battery Cathode Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
US
Canada
Mexico
Europe
Germany
UK
Spain
Italy
France
Russia
Asia Pacific
China
India
Japan
Australia
South Korea
Central and South America
Brazil
Colombia
Paraguay
Middle East & Africa
UAE
Saudi Arabia
South Africa
Egypt
Key Players of the Lithium-ion Battery Cathode Market
BASF SE
LG Chem
NEI Corporation
Nichia Chemical
POSCO Chemicals
Samsung SDI
Suimoto Chemicals
Targray Technology international, Inc.
Umicore SA
Order a free sample PDF of the Lithium-ion Battery Cathode Market Intelligence Study, published by Grand View Research.
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Vehicle Electrification Market Overview, Leading Players And Strategies Report To 2030
The global vehicle electrification market size was valued at USD 89.26 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.9% from 2023 to 2030. The market is expected to grow significantly due to the automotive industry's demand for alternatives to petroleum-based fuel and government initiatives for environmentally sustainable transportation options globally. The governments of various nations are launching green initiatives; various environmental agencies are setting aggressive targets for emission cuts globally. At the same time, environmentally conscious consumers are increasingly adopting electric vehicles and contributing toward reducing their overall carbon footprint. As a result, the demand for vehicle electrification products is expected to increase during the forecast period. Furthermore, various advantages linked to electrification are improving the vehicle's performance, adding additional features, and providing benefits such as reduced vehicle weight, fewer emissions, higher fuel economy, enhanced driving comfort, and safety. All these factors are expected to propel the growth of the market.
Gather more insights about the market drivers, restrains and growth of the Vehicle Electrification Market
The COVID-19 pandemic significantly impacted the automobile sector. Lockdowns and travel restrictions worldwide resulted in the closure of factories, affecting everything from supply chain and operations to capital investment, financing, and long-term strategy. The epidemic increased the pressure on vehicle electrification technology manufacturers to change their business models as the sector dealt with a financial downturn and an uncertain timescale.
Although the crisis has left a significant financial hole and hampered various new vehicle programs, including EVs, the automobile industry's drive toward electrification remains strong. On the other hand, increased demand for cost-effective solutions and the growing trend of electrification of commercial vehicles and fleets are expected to provide lucrative opportunities for worldwide market advancement during the forecast period.
The greater inclination in recent years toward products has resulted in considerable demand for vehicle electrification and supporting infrastructure. An increase in the number of charging outlets coupled with financial incentives from the government is emerging as a crucial factor triggering the demand for electric vehicles. The lower operating costs of electric vehicles compared to those of conventional ICE-operated cars are expected to drive the growth of the market.
Growing consumer demand for fuel-efficient vehicles has increased demand for vehicle electrification. However, electric vehicles are quite expensive despite the various benefits. This is due to the high cost of batteries used in electric vehicles and the expense of charging the batteries. Product charging stations are still in the early stages of development. As a result, utilizing electric vehicles to go considerable distances is likely to cause issues along the way.
Moreover, electric vehicles are not feasible in cities with power shortages. The battery backup time of electric car batteries is likewise relatively short. These limitations of electric vehicles are projected to hamper the market. On the other hand, vehicle electrification's replacement and maintenance costs are high. However, the rising fuel prices and growing environmental concerns are also expected to drive the growth of the market during the forecast period.
Browse through Grand View Research's Automotive & Transportation Industry Research Reports.
• The global stacker crane market size was estimated at USD 1.09 billion in 2023 and is expected to grow at a CAGR of 6.2% from 2024 to 2030. The growing need for efficient storage and retrieval systems in warehouses and logistics operations is a major driving factor behind the growth of the market.
• The global rear axle market size was valued at USD 54.7 billion in 2023 and is projected to grow at a CAGR of 4.3% from 2024 to 2030. Market growth worldwide is driven by increasing demand for hybrid and luxury vehicles, fueled by consumer preference for improved technology and high disposable income.
Vehicle Electrification Market Segmentation
Grand View Research has segmented the global vehicle electrification market report on the basis of product, hybridization, vehicle type, and region:
Vehicle Electrification Product Outlook (Revenue, USD Billion, 2018 - 2030) • Start/Stop System • Electric Power Steering • Liquid Heater Ptc • Electric Air Conditioner Compressor • Electric Vacuum Pump • Electric Oil Pump • Electric Water Pump • Starter Motor & Alternator • Integrated Starter Generator • Actuators
Vehicle Electrification Hybridization Outlook (Revenue, USD Billion, 2018 - 2030) • Internal Combustion Engine (ICE) & Micro-hybrid Vehicle • HEV • PHEV • BEV
Vehicle Electrification Vehicle Type Outlook (Revenue, USD Billion, 2018 - 2030) • Passenger vehicle • Commercial vehicle
Vehicle Electrification Regional Outlook (Revenue, USD Billion, 2018 - 2030) • North America o U.S. o Canada • Europe o UK o Germany o France • Asia Pacific o China o Japan o India o Australia o South Korea • RoW o Latin America o Middle East and Africa
Order a free sample PDF of the Vehicle Electrification Market Intelligence Study, published by Grand View Research.
Key Companies profiled: • Robert Bosch GmbH • Continental AG • DENSO CORPORATION • Aptiv • Johnson Electric Holdings Limited • Mitsubishi Electric Corporation • BorgWarner Inc. • Magna International Inc. • AISIN CORPORATION • Johnson Controls • ZF Friedrichshafen AG • Valeo SA • JTEKT Corporation • Hitachi Astemo, Ltd. • Wabco Holdings Inc.
Recent Developments
• In April 2022, BMW made a significant announcement, solidifying its dedication to the electric vehicle (EV) revolution. The renowned automaker announced its goal of achieving 50% of its total sales of electric vehicles by 2030. This commitment marks a decisive step towards reducing its reliance on internal combustion engines and embracing sustainable mobility solutions. The company also introduced two electric models, the BMW i4 and iX. These cutting-edge vehicles promise not only enhanced performance but also an extended driving range, showcasing the company's commitment to providing compelling and eco-friendly options for its customers.
• In April 2022, BYD Motors, a prominent electric vehicle (EV) manufacturer introduced the ECC32 advanced battery electric forklift. This remarkable forklift, weighing 7,000 pounds, stands out for its cutting-edge design that eliminates charge restrictions.
• In September 2021, ABB, an automation company based in Switzerland, unveiled Terra 360. This cutting-edge electric car charger offers an unparalleled charging experience for EV owners. It is a highly customizable all-in-one charger that boasts simultaneous charging capabilities for up to four vehicles. With its dynamic power distribution technology, it can deliver an impressive 100 kilometers of range in less than three minutes.
• In July 2021, Suzuki Motor Corporation and Daihatsu Motor Co., Ltd (DMC) joined forces for commercial vehicle. The primary objective of this joint effort was to advance their carbon neutrality initiatives in the mini-vehicle sector by promoting the adoption of CASE technologies and services. Through this partnership, both companies aim to expedite the electrification of mini-vehicles and drive positive changes in the automotive industry.
• In June 2021, XL Fleet Corp., a prominent provider of fleet electrification solutions catering to municipal and commercial fleets, revealed a significant collaboration with Rubicon, a software platform renowned for its smart waste and recycling solutions. Under this arrangement, XL Fleet’s industry-leading fleet electrification solutions will be made available to Rubicon’s waste and recycling hauling partners, providing a strong foundation for sustainable operations and innovative solutions in the waste management space.
• In June 2021, Ford made an announcement regarding its acquisition of Electriphi, a California-based company known for its charging management and fleet monitoring software tailored for electric automobiles. As part of this acquisition, Electriphi's talented team and services will be seamlessly integrated into "Ford Pro".
• In February 2021, Ford Motors Company announced plans to completely phase out fossil fuel-powered vehicle manufacturing in its European division. As part of this initiative, Ford aims to offer only plug-in hybrid and electric models by 2026.
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Fabric Based Laminates Market - Gowth Industry&Forecast, 2023–2030.
Fabric Based Laminates Market Overview:
The global Fabric Based Laminates Market size is estimated to reach $5.15 billion by 2030, growing at a CAGR of 4.1% during the forecast period 2023–2030. The fabric-based laminates market has experienced significant growth in recent years, driven by the increasing demand for lightweight, durable, and high-performance materials in various industries. Fabric-based laminates combine the strength and flexibility of fabrics with the added benefits of laminated structures, making them suitable for a wide range of applications.
Moreover, the fabric-based laminates market presents immense growth potential, fueled by the demand for lightweight, durable, and high-performance materials across various industries. While challenges related to cost and material availability exist, technological advancements and increasing awareness regarding the benefits of fabric-based laminates are expected to propel market growth.
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Fabric Based Laminates market — Report Coverage:
The “Fabric Based Laminates market — Forecast (2023–2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Fabric Based Laminates Market.
COVID-19 / Ukraine Crisis — Impact Analysis:
● The laminated fabric market is expected to experience a significant decrease in demand due to the pandemic. This is due to the fact that stakeholders are heavily reliant on the supply chain, and the countries most affected by the pandemic, India, China and the United States, are expected to be at the forefront of the pandemic’s spread. Additionally, the closure of physical retail outlets around the world has had a significant effect on the industry, with labor constraints and an export-oriented focus. As a result, workers have returned to their countries of origin, resulting in a decrease in exports.
● The supply chain disruption due to the Russia-Ukraine war has impeded the Fabric Based Laminates Market growth. The disruption has increased freight charges, created container shortages and lowered the availability of warehousing space. This has resulted in inflationary issues in the aftermarket.
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● Fastest Growth of Asia Pacific Region
The global market breakdown by regions is as follows: North America Asia-Pacific Europe South America Middle East & Africa Asia Pacific The construction sector is the main driver of the global market, with Asia Pacific accounting for the largest market share during the forecast period China is the world’s largest manufacturer of motor vehicles Upholstered Furniture Apparel & Accessories The coated fabrics market in China is driven by the industrialization of China and India Many manufacturing firms in Asia Pacific are expected to increase their demand for polymer coated cloth.
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● Market growth is expected to be driven by the growth of the automotive industry.
The automotive industry has a wide range of applications that rely on laminated / coated fabric and clothing, such as airbags, tyres cables, vehicle grab handles, windscreen wipers, radiator covers, and more. Plastic materials, particularly thermoplastic materials, are more commonly used in the vehicle sector. PA6 has a range of characteristics that make it an ideal material for automotive applications, such as corrosion resistance, high temperature resistance, chemical and electrical conductivity. Additionally, the use of laminated / coated fabrics and apparel has enabled the weight of spinning spares to be reduced while maintaining rigidity and carrying capacity, making them an ideal choice for automotive applications. In the coming decade, the demand for PA6 is expected to increase due to the expansion of the automotive market and the shift towards lighter vehicles with higher strength ratings.
● Growing Supply of Protective Garments to Meet Market Needs
Selecting appropriate attire plays a crucial role in safeguarding individuals against the prevalent biological and chemical hazards encountered in daily life. The protective clothing sector is poised for rapid expansion due to the substantial production expenses within the manufacturing industry and stringent government regulations, such as those mandated by OSHA and NIOSH, which mandate the use of protective attire. Polyurethane emerges as an exceptional material for crafting protective garments designed for high-altitude, fire-resistant, and chemical defense purposes. Its notable attributes include flexibility in frigid conditions, resilience against substantial impacts, and exceptional weather resistance. These qualities collectively contribute to the promising growth of the protective clothing industry.
● Concerns about the environment may impede market expansion
Laminating fabrics often involves the use of adhesives, coatings, and chemicals to bond layers together. Some of these chemicals can be harmful to the environment. For example, solvent-based adhesives can release volatile organic compounds (VOCs) into the atmosphere, contributing to air pollution and potentially harming human health. The production of laminated fabrics can generate waste materials, including excess adhesive, trimmings, and defective laminated fabrics. Disposing of these waste materials can have negative environmental impacts, especially if they are not managed or disposed of properly.
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Fabric Based Laminates Market Share (%) By Region, 2022
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Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in Fabric Based Laminates Market. The top 10 companies in this industry are listed below:
Serge Ferrari Group
Spradling International, Inc.
OMNOVO Solutions, Inc
Saint-Gobain SA
Sioen Industries NV
Robert Kaufman
Continental AG
Lamcotec
Trelleborg AB
Seaman Corporation
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Electric Vehicle Charging Networks Market Projections: Global Industry Analysis and Forecast (2023-2032)
The global demand for electric vehicle charging networks was valued at USD 12.5 million in 2022 and is expected to reach USD 269.59 million in 2030, growing at a CAGR of 46.80% between 2023 and 2030.
Electric vehicle (EV) charging networks market is a rapidly expanding sector, driven by the global shift towards sustainable transportation and the increasing adoption of electric vehicles. This market includes the infrastructure and services necessary to provide reliable and accessible charging solutions for EV owners, encompassing a variety of charging stations such as Level 1, Level 2, and DC fast chargers.
Technological advancements are enhancing the efficiency and speed of charging stations, while innovations such as smart grids and integrated renewable energy sources are making charging networks more sustainable. The market is also witnessing increased collaboration between automakers, utility companies, and technology firms to develop seamless and user-friendly charging experiences. Despite challenges such as high initial infrastructure costs and the need for standardization, the EV charging networks market is poised for significant growth, driven by the accelerating adoption of electric vehicles and the continuous advancements in charging technologies.
Electric Vehicle Charging Networks: Key Points
Types of Charging Stations:
Level 1: Slow chargers using standard household outlets (120V).
Level 2: Faster chargers using 240V outlets, commonly found in homes and public spaces.
DC Fast Chargers: Ultra-fast charging stations offering rapid charging, typically found in public and highway locations.
Technological Advancements:
Development of ultra-fast chargers, wireless charging, and smart charging solutions.
Integration of renewable energy sources and smart grid technology to enhance efficiency and sustainability.
Market Growth Drivers:
Increasing adoption of electric vehicles worldwide.
Government initiatives and policies promoting sustainable transportation.
Rising consumer demand for accessible and reliable EV charging options.
Challenges:
High initial infrastructure costs.
Need for standardization and interoperability among different charging networks.
Managing grid impact and ensuring reliable energy supply.
Expansion Strategies:
Rapid expansion of charging networks in urban areas, highways, and remote locations.
Collaborations between governments, utilities, and private companies.
User Experience:
Development of user-friendly apps and platforms for real-time information on charger availability, pricing, and booking.
Unified payment systems and improved interoperability across different networks.
Sustainability Initiatives:
Integration of solar and wind power into charging stations.
Use of battery storage systems to enhance energy independence and reduce carbon footprint.
Commercial and Fleet Solutions:
Tailored solutions for commercial fleets, including centralized charging hubs and depot charging.
Use of telematics and fleet management software to optimize charging schedules.
Future Outlook:
Continued market growth driven by increasing EV adoption and technological advancements.
Ongoing innovation in charging technologies and business models to meet evolving consumer and industry needs.
Key Players-
Tesla
ChargePoint
EVgo
Electrify America
Shell
ABB
Siemens
Blink Charging
Greenlots
Nuvve
More About Report- https://www.credenceresearch.com/report/electric-vehicle-charging-networks-market
Innovative Trends in the Electric Vehicle Charging Networks Market
Ultra-Fast Charging Stations:
Development of ultra-fast DC chargers that can significantly reduce charging times, enabling EVs to be charged to 80% in 15-20 minutes.
Implementation of 350 kW chargers that cater to the latest EV models with higher charging capacities.
Wireless Charging:
Introduction of wireless or inductive charging technology that allows EVs to charge without physical connectors, enhancing convenience for users.
Pilot projects and small-scale deployments in urban areas and public transportation systems.
Smart Charging Solutions:
Integration of smart grid technology to manage and optimize the distribution of electricity, ensuring efficient use of resources and minimizing grid strain.
Use of artificial intelligence and machine learning to predict charging patterns and dynamically adjust charging speeds and schedules.
Vehicle-to-Grid (V2G) Technology:
Development of V2G systems that enable EVs to return stored energy back to the grid, helping balance supply and demand and providing additional revenue streams for EV owners.
Pilot programs demonstrating the potential of V2G in enhancing grid stability and supporting renewable energy integration.
Renewable Energy Integration:
Increased use of renewable energy sources like solar and wind power in charging stations to reduce the carbon footprint of EV charging.
Installation of solar panels and battery storage systems at charging hubs to provide clean energy and improve energy independence.
Mobile Charging Solutions:
Deployment of mobile charging units that can be dispatched to EV owners in need of emergency charging, enhancing the convenience and reliability of charging services.
Use of portable battery packs and mobile charging vans to provide flexible charging options.
Battery Swapping Stations:
Introduction of battery swapping technology, allowing EV owners to quickly exchange depleted batteries for fully charged ones, significantly reducing downtime.
Adoption of battery swapping in specific markets and applications, such as fleet operations and public transportation.
Expansion of Charging Networks:
Rapid expansion of public and private charging networks, with increased focus on high-density urban areas, highways, and remote locations.
Collaboration between governments, utility companies, and private enterprises to develop comprehensive and accessible charging infrastructure.
User-Friendly Charging Platforms:
Development of user-friendly apps and platforms that provide real-time information on charger availability, pricing, and booking options.
Implementation of unified payment systems and interoperability standards to simplify the charging process across different networks and providers.
Integration with Autonomous Vehicles:
Exploration of autonomous vehicle charging solutions, where self-driving cars can navigate to charging stations and connect autonomously.
Development of robotic charging systems to automate the connection process for autonomous EVs.
Fleet and Commercial Charging Solutions:
Tailored charging solutions for commercial fleets, including centralized charging hubs and depot charging infrastructure.
Use of telematics and fleet management software to optimize charging schedules and reduce operational costs.
Innovative Business Models:
Adoption of new business models such as subscription-based charging services, pay-per-use, and membership plans to attract a wider customer base.
Introduction of bundled services, combining home charging solutions with public network access for comprehensive charging coverage.
Segmentation
By Charging Station Types
Public Charging Stations
Home Charging Stations
Workplace Charging Stations
By Charging Power Levels
Level 1 Charging
Level 2 Charging
DC Fast Charging (Level 3)
By Business Models
Open Access Networks
Closed/Proprietary Networks
By Charging Network Operators
Independent Charging Operators (ICOs)
Automaker-Owned Networks
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Exploring the Dynamics of Electric Powertrain Adoption: Shifting Gears
The global electric powertrain market size is expected to reach USD 260.91 billion by 2030, registering a CAGR of 15.3% over the forecast period, according to a new report by Grand View Research, Inc. The market for pure electric and plug-in hybrid vehicles has been growing significantly, in turn creating an increasing demand for automotive electric powertrains. Governments in various countries are taking initiatives to promote the development of Electric Vehicles (EVs). For instance, in 2020, the U.S. Department of Energy announced a public investment of USD 400 billion in clean energy. The investment would help develop 500,000 charging outlets for electric vehicles by the end of 2030.
Electric Powertrain Market Highlights
The motor/generator component segment is anticipated to witness a high CAGR of over 16.7% from 2022 to 2030 owing to the increasing penetration of BEVs and PHEVs globally
The HEV/PHEV electric vehicle segment is anticipated to witness the highest CAGR of 15.9% over the forecast period. This can be attributed to the charging flexibility benefit that these vehicles offer
The passenger segment dominated the market in 2022. The increasing demand for vehicles for daily transportation, along with the adoption of electric vehicles, particularly in developing countries, is fueling the electric vehicle powertrain market growth in this segment
Asia Pacific is expected to expand at a high CAGR of more than 14.2% over the forecast period owing to the increasing adoption of electric vehicles in countries such as China and India
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The rising sales of electric vehicles have propelled prominent automotive component manufacturers to aggressively focus on developing essential EV components to gain a competitive edge. Prominent manufacturers in the market are primarily focusing on enhancing their facilities in countries such as Europe, China, and the U.S. For instance, in February 2020, Nidec Corporation invested around USD 1.8 billion to expand its electric vehicle powertrain business. The company’s three new facilities located in Poland, China, and Mexico would deliver up to 8.4 million electric motors every year.
#ElectricPowertrain#Electromobility#EVMarket#SustainableTransport#GreenTech#ElectricVehicles#PowertrainTechnology#FutureOfMobility#TransportationInnovation#EVAdoption#ElectricVehicleTrends#SmartMobility#ChargingInfrastructure#AutomotiveTechnology#ZeroEmissions
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Global E-Bike Charging Station Market Is Estimated To Witness High Growth Owing To Increasing Adoption Of E-Bikes

A) Market Overview: E-Bike Charging Stations are specialized facilities designed to charge electric bicycles. These stations provide a convenient and efficient way for e-bike users to recharge their batteries, ensuring that they have sufficient power for their journeys. E-bike charging stations play a crucial role in supporting the growing market for electric bicycles, as they address the need for convenient charging infrastructure. The advantages of e-bike charging stations include faster charging times compared to traditional outlets, easy accessibility, and the ability to provide charging services for multiple e-bikes simultaneously. The global E-Bike Charging Station Market is estimated to be valued at USD 2754.6 Mn in 2022 and is expected to exhibit a CAGR of 4.16% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. B) Market Key Trends: One key trend driving the growth of the global E-Bike Charging Station Market Share is the increasing adoption of e-bikes worldwide. E-bikes are gaining popularity due to their numerous benefits, such as eco-friendliness, cost-effectiveness, and ease of use. This trend is fueled by the growing concern for environmental sustainability, rising fuel prices, and the need for convenient and affordable transportation options. For instance, in Europe, e-bikes are widely used for commuting purposes, especially in urban areas where traffic congestion is a significant issue. The increasing adoption of e-bikes creates a favorable market environment for the growth of e-bike charging stations. An example of this trend can be seen in the city of Amsterdam in the Netherlands. Amsterdam is known for its strong cycling culture, and e-bikes have become a popular mode of transportation among its residents. The city has invested in a comprehensive network of e-bike charging stations, making it easier for e-bike users to charge their bikes and travel around the city conveniently. C) PEST Analysis: Political: The government policies and regulations related to electric vehicles and sustainable transportation play a crucial role in shaping the market for e-bike charging stations. Governments across the globe are actively promoting the adoption of electric vehicles as part of their efforts to reduce carbon emissions and combat climate change. These policies include incentives for purchasing electric bikes and the development of charging infrastructure. Economic: The economic factors influencing the growth of the E-Bike Charging Station Market include the cost of e-bikes and the cost of setting up and operating charging stations. The affordability of e-bikes and the availability of charging infrastructure at reasonable costs are essential drivers for market growth. Social: The growing awareness among individuals about the need for sustainable transportation and the benefits of e-bikes is driving the demand for e-bike charging stations. The increasing focus on health and fitness, along with the desire for greener transportation options, is leading to the popularity of e-bikes. Technological: Technological advancements in e-bike batteries and charging technology are enabling faster and more efficient charging solutions. These advancements are driving the demand for advanced e-bike charging stations that can provide quick charging capabilities and accommodate various types of e-bike batteries. Key players operating in the global E-Bike Charging Station Market include Amezeus (HFS Group), Ather Energy, Bikeep, cycle works, EV Motors India Pvt. Ltd, Robert Bosch GmbH, RTL Group, Spelsberg, swiftmile, and Zoov. These companies are actively involved in developing innovative charging solutions and expanding their network of charging stations to meet the growing demand for e-bike charging infrastructure.
#E-Bike Charging Station Market#E-Bike Charging Station Market Demand#E-Bike Charging Station Market Sale#E-Bike Charging Station Market Growth#E-Bike Charging Station Market Trends#Coherent Market Insights#E-Bike Charging Station Market Analysis
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The Fast and the Furious: The Advantages of Fast Charging Stations
Let's get one thing straight, we live in a world where time is money and nobody got time for slow charging. So, it's no surprise that fast charging stations have gained popularity among tech geeks and regular folks alike. The convenience of a fast charging station can never be compared with a standard outlet. All you need is a car with fast-charging capabilities, a fast charging station, and voila! Your car is charged up and ready to hit the road in no time.
In this blog post, we will discuss the advantages of fast charging stations and how it can save your time and energy.
What are Fast Charging Stations?
A fast-charging station is a device that provides electrical energy to charge a vehicle quickly. It is typically installed in public places, such as parking lots, rest areas, and service stations, where electric cars can recharge their batteries in just a few minutes. Unlike standard outlets that take several hours to charge a vehicle, a fast charging station can provide up to 80% of the charge in just 30 minutes. These stations use the latest charging technology and offer different power outputs, ranging from 50 kW to 350 kW, to meet the various needs of electric vehicles.
The Advantages of Fast Charging Stations
Time Savings: The biggest advantage of fast charging stations is that they save time. With a traditional power outlet, you have to wait for several hours to fully charge your vehicle. However, with a fast charging station, you can recharge your vehicle quickly and be on your way in just 30 minutes. This is a huge advantage for people who are always on the go and don't have time to wait around.
Convenience: Unlike standard outlets that are only available in your home or office, fast charging stations are scattered all around public places, making it easy to find them. This means that you can charge your vehicle on the go, without having to worry about running out of juice.
Compatibility: Fast charging stations are compatible with most electric vehicles, regardless of the make or model. This means that you can use any fast-charging station, regardless of where you are, without having to worry about compatibility issues. This is a relief, especially for those who travel frequently and need to recharge their vehicles in different locations.
Safety: Fast charging stations are designed with safety in mind. They go through rigorous testing and comply with industry standards to ensure that they are safe to use. Additionally, they have built-in safety features that prevent overcharging and overheating, which can be dangerous for the vehicle and the user.
Key Takeaways
Fast charging stations are a game-changer for electric vehicle owners. They offer unmatched convenience, time savings, compatibility, and safety, making them the preferred choice for people who are always on the go. If you're an electric vehicle owner, consider investing in a fast charging station to enjoy all the benefits it has to offer.
So next time when you are on a road trip or just running errands around town don't hesitate to look for a fast-charging station. You'll be amazed at how quickly you can charge up your vehicle and get back on the road.
With more and more people switching to electric vehicles, the demand for fast charging stations is only going to increase. In fact, according to a recent report by MarketsandMarkets, the global fast charging market size is expected to grow from $9.9 billion in 2020 to $69.5 billion by 2027, at a CAGR of 38% during the forecast period. This is a clear indication that the future of the automobile industry is electric, and fast charging stations will play a crucial role in it.
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#ev charging station#electric vehicle#clean energy#environment#ev charging solutions#ev charger#ev charging#tesla cars#green energy
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Electric Vehicle Charging Stations Market to Witness Huge Growth by 2027
The global portable chargers for electric cars market size is expected to showcase a significant growth by reaching USD 100.96 billion by 2027, while exhibiting an astounding CAGR of 23.24% between 2020 and 2027. This is attributable to the increasing government fund to develop electric charging infrastructure and the growing demand for electrification of vehicles across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Electric Vehicle Charging Station Market Size, Share & Industry Analysis, By Charger Type (Fast, Slow/Moderate), By Application (Commercial, Residential) and Regional Forecasts, 2020-2027.” The report further mentions that the market was worth USD 39.70 billion in 2019.
Source:
https://www.fortunebusinessinsights.com/electric-vehicle-ev-charging-stations-market-102058
Complete Shutdown amid COVID-19 to Lead to Disruption in Manufacturing Operations
An electric vehicle charging station is a built-in charging point infrastructure that is used to supply energy to electric vehicles (EVs). The EVs consists of converter boards that can be used to plug into the standard high-capacity electrical outlets or stations. These stations support faster charging of the EVs even at higher currents and voltages. In addition to this, they consist of a heavy-duty special type of converters that can be plugged into an EV to facilitate rapid charging.
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
DRIVING FACTORS
Increasing Government Fund for Developing Charging Infrastructure to Promote Growth
Several automakers are introducing new plug-in hybrids and electric vehicles across the globe. Owing to the increasing focus on reducing greenhouse gas emission and providing better quality air, the government is facilitating funds to develop new electric vehicle charging station networks in the forthcoming years. For instance, in July 2020, the Florida Governor, Ron DeSantis announced about USD 8.6 million funding to develop electric vehicle charging stations along the state highways. Therefore, the increasing government funds to develop charging stations are expected to drive the global electric vehicle charging station market during the forecast period.
SEGMENTATION:
Slow/Moderate Charger Segment Held a 16.92% Share Stoked by the Increasing Availability of the Chargers
The segment slow/moderate charger, based on charger type, held a market share of about 16.92% in 2019 and is likely to showcase a considerable growth owing to the presence of chargers largely across the globe.
REGIONAL INSIGHTS
Asia-Pacific to Remain at the Forefront; Increasing Focus on Developing Charging Infrastructures to Spur Demand
Among all the regions, Asia-Pacific was worth USD 20.06 billion in 2019 and is likely to hold the highest global electric vehicle charging station market share during the forecast period. This is attributable to the increasing focus on developing electric vehicle charging stations in countries such as China in the region. The market in North America will experience an exponential growth in the forthcoming years. This is ascribable to factors such as the presence of several electric charging networks in the United States between 2020 and 2027.
COMPETITIVE LANDSCAPE
Partnerships between Major Companies to Strengthen Their Market Positions
The global electric vehicle charging station market is consolidated with the presence of major players such as ChargePoint, Inc. Key players are expanding their operations by establishing partnerships between them in a bid to broaden their footprints in the fiercely competitive global marketplace. In addition to this, the adoption of strategies such as merger and acquisition, collaboration, and the introduction of new products by the companies will bode well for the market growth during the forecast period.
Industry Development:
July 2020: Eversource, a leading energy solutions provider, in collaboration with the Town of Natick, completed the installation of 3 dual-port electric vehicle charging stations at John J Lane Park and Community Gardens, Dug Pond, and Connor Heffler Park. The collaboration is aimed at bringing down the emission levels drastically and promote green culture in the town.
List of the Companies Proliferating in the Market:
ChargePoint Inc. (California, USA)
Schneider Electric (Rueil-Malmaison, France)
Tesla Inc. (Palo Alto, California, USA)
BP Chargemaster (Luton. UK)
Shell International BV (The Hague, The Netherlands)
Webasto Group (Stockdorf, Germany)
Siemens AG (Munich, Germany)
EVBox (Amsterdam, USA)
Eaton (Dublin, Ireland)
Other
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Depending On The Vendors Signed Up
Not only does it give farmers & small agriculture aficionados an alternate economic outlet, but it surely offers visitors a chance to assist native enterprise while eating as fresh as potential. Produce: A part of the unique plan for the Friday Night boutiques near me was to offer native farmers a chance to function a straight-to-the-client model for their merchandise. However, an rising demand for animal-based mostly products in different territories and an growing disposable income is expected to carry out unexpected gamers into the foreground. The important thing gamers on this trade have also been recognized and profiled. For that, the analysts have thought of the present and future trends and the market are estimated from 2017 to 2024. The report included an in depth competitive scenario and portfolio of main vendors working in smart building market all across the world. The way forward for this industry presents promising prospects despite underlying challenges in some areas of the world.
The report also gives a comprehensive overview of the market drivers, restraints, opportunities, challenges, and key issues in trade. No, then have a take a look at our report overview and ship your question to us. For example, in case your investment charge is too low, then it might be the results of poor investment planning. marketing has largely positioned girls's sport as the "right thing to do" versus an exciting funding alternative, and followers are handled as monolithic. If you're exploring a great way to take a position your additional money, you could have the choice of participating in enterprise - whether you want to place your cash on Stock market Trading or international currency buying and selling. Now, again to what's commodity trading? Apart from this, you need to prepare your self for inventory trading. Using a stock market analysis assists you with the subsequent steps to your portfolio. The primary indications to take a look at with a inventory market analysis is the worth, volume and time. However, setting your trades and investments in the unsuitable place, shopping for or promoting on the incorrect time and never figuring out when tendencies change will be detrimental. Based upon product sort section, tunnel tents phase dominated the market in the 2016. Tunnel tents are primarily most well-liked by campers that want to camp for an extended duration of time.
Are you ready to cope up with growing market? Poultry is the highest growing segment. Building energy management system, physical security system, building communication programs, plumbing & water management system, parking management methods, and elevators & escalators administration system is the component segment of the sensible constructing market. The elements reminiscent of massive measurement and internal house, robust, versatile, wind-resistant, stability in windy weather, multiple entry doors, and clear windows for higher visibility influence the growth on this segment. It needs to be damaged down in terms of nutrition requirements and measurement depending on the animal targeted. A possible niche market is just waiting to be found by way of flour, feed, and baking. Affordability of this e-textual content ebook rental service and its growing consciousness are anticipated to drive the market. However, moderately than being deterred, millennials are actively finding ways to deal with this difficulty, and in turn, are helping to vary the actual estate and housing market.
However, a shorter market duration and manufacturing materials on the farm can lead to a purer result and additionally force farmers to choose alternative natural options. Thirsty concrete is a sort of super-absorbent material that enables water to seep by it thereby eliminating flooding. Thirsty concrete can be used for variety of purposes. Based on areas, the global thirsty concrete market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The regional segmentation consists the present and forecast demand for the Middle East & Africa, North America (U.S., Mexico), Europe (UK, France, and Germany), Latin America (Brazil) and Asia Pacific (China, India and Japan) for this market. Germany held round 18% of regional income share witnessing a substantial progress. The forecast period 2018-2024 is anticipated to indicate important growth in Global Electric vehicles market. There will likely be a brand new resurgence within the sales and utilization of Electric cars. There will probably be a new resurgence within the sales and utilization of E-textbook Rental product.
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Electric Two-Wheeler System Market To Witness the Highest Growth Globally in Coming Years
The report begins with an overview of the Electric Two-Wheeler System Market 2025 Size and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, Electric Two-Wheeler System Market scenario, and feasibility study are the important aspects analyzed in this report.
The Electric Two-Wheeler System Market is experiencing robust growth driven by the expanding globally. The Electric Two-Wheeler System Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Electric Two-Wheeler System 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 Two-Wheeler System Market Size, Share & Industry Analysis, By Battery Type (Sealed Lead Acid, Lithium-Ion), By Voltage Type ( 36V, 48V, 60V, 72V), By Vehicle Type (E-Mopeds, E-Motorcycle) And Regional Forecast 2021-2028
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Key Strategies
Key strategies in the Electric Two-Wheeler System Market revolve around optimizing production efficiency, quality, and flexibility. Integration of advanced robotics and machine vision technologies streamlines assembly processes, reducing cycle times and error rates. Customization options cater to diverse product requirements and manufacturing environments, ensuring solution scalability and adaptability. Collaboration with industry partners and automation experts fosters innovation and addresses evolving customer needs and market trends. Moreover, investment in employee training and skill development facilitates seamless integration and operation of Electric Two-Wheeler System Market. By prioritizing these strategies, manufacturers can enhance competitiveness, accelerate time-to-market, and drive sustainable growth in the Electric Two-Wheeler System Market.
Major Electric Two-Wheeler System Market Manufacturers covered in the market report include:
Major players operating in the global Electric Two-Wheeler System market include Hero Electric, Jiangsu Xinri E-Vehicle Co., Ltd., Energica Motor Company S.p.A, Ampere Vehicles, Silence Urban Ecomobility, Zero Motorcycles, Inc., Vmoto Limited, GOVECS AG, NIU International, and Yadea Group Holdings Ltd among others.
Electric two-wheelers can be easily charged through any power outlet, and usually have removable or replaceable batteries, which can be detached from the vehicle and charged indoor. Technological advances in the field of battery management systems are expected to fuel the demand for electric two-wheeler over the forecast period. Various tax benefits offered by the governments and vendors is also another reason that is fuelling the demand for electric two-wheelers. Recently, India announced to put an end to its 150cc ICE two-wheeler manufacturing by 2025.
Trends Analysis
The Electric Two-Wheeler System Market is experiencing rapid expansion fueled by the manufacturing industry's pursuit of efficiency and productivity gains. Key trends include the adoption of collaborative robotics and advanced automation technologies to streamline assembly processes and reduce labor costs. With the rise of Industry 4.0 initiatives, manufacturers are investing in flexible and scalable Electric Two-Wheeler System Market capable of handling diverse product portfolios. Moreover, advancements in machine vision and AI-driven quality control are enhancing production throughput and ensuring product consistency. The emphasis on sustainability and lean manufacturing principles is driving innovation in energy-efficient and eco-friendly Electric Two-Wheeler System Market Solutions.
Regions Included in this Electric Two-Wheeler System Market Report are as follows:
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
Significant Features that are under offering and key highlights of the reports:
- Detailed overview of the Electric Two-Wheeler System Market.
- Changing the Electric Two-Wheeler System Market dynamics of the industry.
- In-depth market segmentation by Type, Application, etc.
- Historical, current, and projected Electric Two-Wheeler System Market size in terms of volume and value.
- Recent industry trends and developments.
- Competitive landscape of the Electric Two-Wheeler System Market.
- Strategies of key players and product offerings.
- Potential and niche segments/regions exhibiting promising growth.
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 Two-Wheeler System Market?
► Who are the prominent players in the Global Electric Two-Wheeler System Market?
► What is the consumer perspective in the Global Electric Two-Wheeler System Market?
► What are the key demand-side and supply-side trends in the Global Electric Two-Wheeler System 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 Two-Wheeler System Market?
Table Of Contents:
1 Market Overview
1.1 Electric Two-Wheeler System Market Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook
1.4.1.2 Canada Market States and Outlook
1.4.1.3 Mexico Market States and Outlook
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook
1.4.2.2 France Market States and Outlook
1.4.2.3 UK Market States and Outlook
1.4.2.4 Russia Market States and Outlook
1.4.2.5 Italy Market States and Outlook
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook
1.4.3.2 Japan Market States and Outlook
1.4.3.3 Korea Market States and Outlook
1.4.3.4 India Market States and Outlook
1.4.3.5 Southeast Asia Market States and Outlook
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook
1.4.4.2 Egypt Market States and Outlook
1.4.4.3 Saudi Arabia Market States and Outlook
1.4.4.4 South Africa Market States and Outlook
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
Continued…
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Integration of Smart Grids and Electric Vehicle Chargers: A Promising Future

Electric Vehicle Charger Market
Electric vehicles (EVs) have gained significant traction in recent years as a sustainable transportation alternative. With the increasing adoption of EVs, the need for an efficient and widespread electric vehicle charging infrastructure becomes crucial. The electric vehicle charger market plays a vital role in supporting the growth and viability of the EV ecosystem. This article explores the key aspects of the electric vehicle charger market, including its current state, trends, challenges, and future prospects.
Table of Contents
Introduction
The Importance of Electric Vehicle Chargers
Types of Electric Vehicle Chargers
Level 1 Chargers
Level 2 Chargers
DC Fast Chargers
Market Overview
Global Electric Vehicle Charger Market Size
Market Growth Drivers
Market Challenges
Regional Analysis
North America
Europe
Asia Pacific
Key Market Players
Company A
Company B
Company C
Future Trends and Opportunities
Conclusion
FAQs (Frequently Asked Questions)
What is an electric vehicle charger?
How long does it take to charge an electric vehicle?
Are electric vehicle chargers compatible with all EV models?
Can I install an electric vehicle charger at home?
Is the electric vehicle charger market expected to grow in the coming years?
1. Introduction
As the world moves towards a greener and more sustainable future, electric vehicles have emerged as a key solution to reduce carbon emissions from transportation. Electric vehicles are powered by electricity stored in rechargeable batteries, and to keep them running, a reliable and accessible charging infrastructure is essential. The electric vehicle charger market addresses this need by providing charging solutions for EV owners.
2. The Importance of Electric Vehicle Chargers
Electric vehicle chargers are critical for the widespread adoption and success of electric vehicles. Without a robust charging infrastructure, the range anxiety among EV users becomes a significant concern. Electric vehicle chargers enable EV owners to conveniently charge their vehicles at home, workplaces, public spaces, and along highways, ensuring they have access to power whenever needed.
3. Types of Electric Vehicle Chargers
The electric vehicle charger market offers different types of chargers to cater to various charging needs. The three primary types of electric vehicle chargers are:
3.1 Level 1 Chargers
Level 1 chargers, also known as trickle chargers, provide the slowest charging rate among the three types. These chargers utilize a standard household outlet (120V) to deliver power to the electric vehicle. While level 1 chargers are inexpensive and easy to install, they are best suited for overnight charging and are not suitable for rapid charging requirements.
3.2 Level 2 Chargers
Level 2 chargers are more powerful than level 1 chargers, offering faster charging speeds. These chargers require a dedicated charging station and use a 240V power supply. Level 2 chargers are commonly installed in residential settings, workplaces, and public charging stations. They are ideal for daily charging needs and can replenish an EV's battery in a few hours.
3.3 DC Fast Chargers
DC Fast Chargers, also known as Level 3 chargers, are designed for rapid charging. These chargers deliver a high amount of power directly to the EV's battery, significantly reducing charging time. DC Fast Chargers are commonly found along highways, enabling long-distance travel for EV owners. However, their installation costs are higher compared to level 1 and level 2 chargers.
4. Market Overview
4.1 Global Electric Vehicle Charger Market Size
The electric vehicle charger market has witnessed significant growth in recent years. According to market research, the global electric vehicle charger market was valued at $XX billion in 2022 and is projected to reach $XX billion by 2027, growing at a CAGR of XX% during the forecast period.
4.2 Market Growth Drivers
Several factors contribute to the growth of the electric vehicle charger market:
Increasing adoption of electric vehicles
Government initiatives and subsidies promoting EV charging infrastructure
Growing environmental concerns and the need for sustainable transportation
Advancements in charging technologies and improved charging speeds
4.3 Market Challenges
Despite the promising growth prospects, the electric vehicle charger market faces certain challenges:
High initial installation costs for fast-charging infrastructure
Limited availability of fast-charging stations in some regions
Integration of renewable energy sources into the charging infrastructure
Standardization of charging connectors and protocols
5. Regional Analysis
The electric vehicle charger market's growth and dynamics vary across different regions. Here's a brief analysis of key regions:
5.1 North America
North America has been at the forefront of electric vehicle adoption and has a well-developed charging infrastructure. The United States and Canada have witnessed significant investments in public and private charging stations, contributing to the growth of the electric vehicle charger market.
5.2 Europe
Europe is another prominent market for electric vehicle chargers. Countries like Norway, the Netherlands, and Germany have shown strong support for EVs and have made substantial investments in charging infrastructure. The European Union has set ambitious targets for expanding the charging network, creating opportunities for market players.
5.3 Asia Pacific
The Asia Pacific region, led by China, is experiencing rapid growth in electric vehicle sales. China has emerged as the largest electric vehicle market globally, and the government has implemented measures to promote EV adoption and charging infrastructure development. Other countries in the region, such as Japan and South Korea, are also witnessing significant progress in the electric vehicle charger market.
6. Key Market Players
The electric vehicle charger market is highly competitive, with several players operating at different levels of the value chain. Here are three key market players:
6.1 Company A
Company A is a leading provider of electric vehicle charging solutions. They offer a wide range of charging stations, including level 2 and DC fast chargers. Company A focuses on innovation and provides scalable solutions for residential, commercial, and public charging infrastructure.
6.2 Company B
Company B specializes in smart charging solutions for electric vehicles. They leverage advanced technologies such as IoT and cloud connectivity to optimize charging operations, manage energy consumption, and provide a seamless user experience. Company B's solutions cater to both residential and commercial charging needs.
6.3 Company C
Company C is a global leader in fast-charging technology. They design and manufacture high-power DC fast chargers that enable rapid charging for electric vehicles. Company C's chargers are known for their reliability, efficiency, and compatibility with a wide range of EV models.
7. Future Trends and Opportunities
The electric vehicle charger market is poised for significant growth in the coming years. Here are some future trends and opportunities:
Expansion of fast-charging networks along highways and intercity routes
Integration of renewable energy sources and energy storage solutions into the charging infrastructure
Development of wireless charging technologies for electric vehicles
Enhanced vehicle-to-grid (V2G) capabilities, allowing EVs to supply power back to the grid
Partnerships between charging infrastructure providers and automakers for seamless charging experiences
8. Conclusion
The electric vehicle charger market plays a critical role in supporting the growth and adoption of electric vehicles. As EVs become more mainstream, the demand for efficient, accessible, and reliable charging infrastructure continues to rise. Market players, governments, and stakeholders must collaborate to overcome challenges and create a robust charging ecosystem that meets the needs of EV owners worldwide.
FAQs (Frequently Asked Questions)
1. What is an electric vehicle charger?
An electric vehicle charger is a device that provides electrical power to recharge the batteries of electric vehicles. It enables EV owners to replenish their vehicle's battery when it runs out of charge.
2. How long does it take to charge an electric vehicle?
The charging time for electric vehicles varies depending on the charger's power output and the EV's battery capacity. Level 1 chargers usually take several hours, level 2 chargers can charge an EV in a few hours, while DC fast chargers can provide a significant charge in a matter of minutes.
3. Are electric vehicle chargers compatible with all EV models?
Electric vehicle chargers come with different connectors and charging protocols. While most modern EV models are compatible with standard charging connectors, it's essential to check the compatibility of the charger with your specific EV model before use.
4. Can I install an electric vehicle charger at home?
Yes, it is possible to install an electric vehicle charger at home. Home charging stations, such as level 2 chargers, can be installed in residential settings, allowing EV owners to conveniently charge their vehicles overnight.
5. Is the electric vehicle charger market expected to grow in the coming years?
Yes, the electric vehicle charger market is expected to witness substantial growth in the coming years. The increasing adoption of electric vehicles, government support for charging infrastructure, and advancements in charging technologies are driving the market's growth and creating opportunities for market players.
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Electric Powertrain Market Insights: The Key to EV Growth
The global electric powertrain market size is expected to reach USD 260.91 billion by 2030, registering a CAGR of 15.3% over the forecast period, according to a new report by Grand View Research, Inc. The market for pure electric and plug-in hybrid vehicles has been growing significantly, in turn creating an increasing demand for automotive electric powertrains. Governments in various countries are taking initiatives to promote the development of Electric Vehicles (EVs). For instance, in 2020, the U.S. Department of Energy announced a public investment of USD 400 billion in clean energy. The investment would help develop 500,000 charging outlets for electric vehicles by the end of 2030.
The rising sales of electric vehicles have propelled prominent automotive component manufacturers to aggressively focus on developing essential EV components to gain a competitive edge. Prominent manufacturers in the market are primarily focusing on enhancing their facilities in countries such as Europe, China, and the U.S. For instance, in February 2020, Nidec Corporation invested around USD 1.8 billion to expand its electric vehicle powertrain business. The company’s three new facilities located in Poland, China, and Mexico would deliver up to 8.4 million electric motors every year.
Asia Pacific is projected to grow at a substantial pace over the forecast period owing to the increase in demand for electric vehicles and the rise in the per capita income of people. Countries such as China, South Korea, and India are among the prominent manufacturers of automobiles. Stringent government regulations and emission norms, including BS-VI in India and China VI, are also expected to contribute to the growth of the Asia Pacific market.
Stringent rules for monitoring CO2 emissions are becoming more demanding in the United States and Europe. North America has set the emission limit to 99g/km following corporate average fuel economy standards; similarly, Europe has set the emission limit to 9s5g/km by 2020 and a further reduction of 37.5% by 2030. To efficiently meet the emission target, OEMs are promoting and increasing sales of electric vehicles, which in turn will lead to an increase in demand for the electric vehicle powertrain market.
Electric Powertrain Market Report Highlights
The motor/generator component segment is anticipated to witness a high CAGR of over 16.7% from 2022 to 2030 owing to the increasing penetration of BEVs and PHEVs globally
The HEV/PHEV electric vehicle segment is anticipated to witness the highest CAGR of 15.9% over the forecast period. This can be attributed to the charging flexibility benefit that these vehicles offer
The passenger segment dominated the market in 2022. The increasing demand for vehicles for daily transportation, along with the adoption of electric vehicles, particularly in developing countries, is fueling the electric vehicle powertrain market growth in this segment
Asia Pacific is expected to expand at a high CAGR of more than 14.2% over the forecast period owing to the increasing adoption of electric vehicles in countries such as China and India
Electric Powertrain Market Segmentation
Grand View Research has segmented the global electric powertrain market based on electric vehicles, components, and regions:
Electric Powertrain Electric Vehicle Outlook (Volume, Units; Revenue, USD Billion, 2018 - 2030)
BEV
HEV/PHEV
BEV Electric Powertrain Component Outlook (Revenue, USD Billion, 2018 - 2030)
Motor/Generator
Battery
Power Electronics Controller
Converter
Transmission
On-Board Charger
HEV/PHEV Electric Powertrain Component Outlook (Revenue, USD Billion, 2018-
2030)
Motor/Generator
Battery
Power Electronics Controller
Converter
Transmission
On-Board Charger
Electric Powertrain Regional Outlook (Volume, Units; Revenue, USD Billion, 2018 - 2030)
North America
US
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
South Korea
Latin America
Middle East & Africa
List of Key Players
BorgWarner
Bosch Limited
Mitsubishi Electric Corp
Magna International Inc.
Schaeffler AG
ZF Friedrichshafen AG
Valeo
Nidec Corporation
Continental AG
Magneti Marelli Ck Holdings
Order a free sample PDF of the Electric Powertrain Market Intelligence Study, published by Grand View Research.
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Electric Vehicle Charging Station Industry: Electrifying The Future With Smart Station Networks
Global electric vehicle charging station sector database is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
The global electric vehicle charging station industry generated over USD 24.26 billion in 2022 and is expected to grow at a CAGR of 25.5% from 2023 to 2030.
Electric Vehicle Charging Infrastructure Market Report Highlights
The global electric vehicle charging infrastructure market size was estimated at USD 19.67 billion in 2022 and is expected to grow at a CAGR of 25.5% from 2023 to 2030. The growth can be attributed to various initiatives taken by governments to promote electric vehicles across the globe. Furthermore, the demand for electric vehicle adoption has been prompted by the increase in carbon emissions and other harmful pollutants from transportation. However, given that the adoption of electric vehicles relies entirely on the availability of charging stations that are easy and convenient to access and in adequate numbers, the demand for an efficient electric vehicle charging infrastructure is also growing simultaneously, which bodes well for the market growth.
The EV charging infrastructure market is segmented based on charger type, connector type, and application. Based on charger type, the segment is further divided into slow chargers and fast chargers. The fast charger segment held the highest share in 2022 and is anticipated to grow at a significant CAGR over the forecast period. The growth can be attributed to the growing adoption of electric vehicles and aspiring targets set by prominent nations investing in the development and expansion of electric vehicle charging infrastructure. Moreover, fast chargers are popular for quickly charging an EV, thus, allowing the user to overcome the anxiety faced over recharging an EV. Fast chargers increasingly utilized in the market are generally DC and rapid AC chargers that are capable of charging an EV in less than 30 minutes. The time efficiency provided by fast chargers is contributing significantly to the segment’s growth. The growth of the EVCI market is directly proportional to the sales of plug-in vehicles. Advances in battery technology and growing emphasis on autonomous vehicles is contributing to the market’s growth. The following figure indicates the annual sales of plug-in electric vehicles in the U.S.
The application segment includes commercial and residential. The commercial segment dominated the electric vehicle (EV) charging infrastructure market in 2022 and is expected to retail its dominance over the forecast period. Government initiatives and funding for the installation of publicly accessible electric vehicle charging stations and active participation from electric vehicle manufacturers & utilities are anticipated to drive the commercial segment’s growth over the forecast period.
Asia Pacific and Europe are expected to be the key regions in the market over the forecast period. In the initial six months of 2022, China surpassed the global EV market with a share of 24%. The growth can be attributed to China’s national subsidy program for new energy vehicles (NEVs). Similar growth in demand and adoption of electric vehicles have been observed in other parts of the APAC region, thus, resulting in the expansion of EV charging outlets throughout the region. Moreover, European countries such as the Netherlands, Norway, and the UK are increasingly investing in expanding their EV charging infrastructure. The governments of Norway and the Netherlands have also announced their targets of converting the entire fleet to electric by 2025. Such initiatives are driving the growth of the market in the Asia Pacific and Europe region.
Order your copy of Free Sample of “Electric Vehicle Charging Station Industry Data Book - Electric Vehicle Charging Infrastructure and Micro Mobility Charging Infrastructure Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Micro-mobility Charging Infrastructure Market Report Highlights
The global micro mobility charging infrastructure market size was estimated at USD 4.58 billion in 2022 and is expected to grow at a CAGR of 25.8% from 2023 to 2030. One of the main factors influencing the market growth is the rising use of micro mobility vehicles like e-scooters and e-bikes to reduce carbon emissions. There are several uses for micro mobility cars in the commercial and transportation sectors. Manufacturers of micro mobility vehicles are undertaking several endeavors to set up charging networks all around the world. For instance, TIER, a German e-scooter firm, raised USD 250 million from SoftBank in November 2020 to build micro mobility vehicle charging networks throughout Berlin. Such measures are encouraging for the market for micro mobility charging infrastructure during the upcoming years.
The micro-mobility charging infrastructure market is segmented based on vehicle type, charger type, power source, and end-use. Based on vehicle type, the market is further divided into e-scooters, e-bikes, e-unicycles, and e-skateboards. The e-scooters segment dominated the market in 2022 and is expected to register a significant growth rate over the forecast period. Customers prefer e-scooters for shorter travel distances because they require less parking space and have quick recharge times. Most e-scooter charging stations include a designated parking place, which lessens traffic congestion and air pollution caused by vehicles. Additionally, these charging stations are adaptable to any e-scooter design and can be efficiently created based on the area available. These factors are expected to help to boost the segment’s growth. The graph below depicts the fuel taxation rates in percentage across countries as per the Petroleum Planning & Analysis Cell. The increasing crude oil consumption and imports by various countries have led to an increase in fuel taxation rates leading consumers to opt for e-scooters to avoid higher fuel consumption costs, propelling the segment’s growth.
Based on end-use, the market has been further divided into commercial and residential. The residential segment dominated the market in 2022 and is expected to register a significant growth rate over the forecast period. Factors such as growing traffic congestion and increasing urbanization have led to the increased use of micro mobility vehicles for transportation. Moreover, people are becoming more aware of the vast benefits of eco-friendly vehicles, thereby accelerating the demand for micro mobility vehicles in the residential sector. Furthermore, government subsidies and tax incentives under smart city projects for e-scooters are expected to create more awareness about these vehicles. Such initiatives are anticipated to create new growth opportunities for the residential segment over the forecast period.
Asia Pacific dominated the global micro mobility charging infrastructure market in 2022 and accounted for the maximum share of the overall revenue. The growth can be attributed to various initiatives by governments aimed at promoting the use of micro mobility vehicles. The region has a high population growth rate, leading to traffic congestion and constantly reducing vehicle parking spaces, especially in urban areas. This has led to the increased adoption of micro mobility vehicles, which are convenient for traveling short distances and require fewer parking spaces. Moreover, several automobile companies based in Asia Pacific countries, such as India and China are investing in micro mobility charging infrastructure and developing e-scooters, which could accentuate the growth prospects of the regional market. For instance, in April 2021, Ola Electric Mobility Pvt Ltd. announced its plan to build a charging network for e-scooters across India. In December 2020, the company received funding of USD 326 million from Japan’s SoftBank Group for developing electric scooters in the Indian state of Tamil Nadu. Such initiatives are further boosting the region’s growth.
Competitive Landscape
Key players operating in the Electric Vehicle Charging Station Industry are –
• ChargePoint, Inc • Tesla, Inc • ABB • BP Chargemaster • ClipperCreek, Inc • Bikeep • Robert Bosch GmbH • Get Charged, Inc • Flower Turbines • Ather Energy
#Electric Vehicle Charging Station Industry#Electric Vehicle Charging Infrastructure#Micro Mobility Charging Infrastructure Market#Micro Mobility Charging Infrastructure Industry Trends Data Book#Electric Vehicle Charging Infrastructure Market Size#Micro Mobility Charging Infrastructure Sector Report
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Electric Scooters Market Future Scenario, Key Insights, Top Companies 2032
The global electric scooters market share is valued at US$ 9.59 billion as of 2022. The market is expected to grow at a CAGR of 9% during the forecast period, and by 2032, the market is expected to reach an estimated US$ 22.7 billion.
Key Takeaways:
China electric scooters market is expected to hold a market share of nearly 80% in the Asia Pacific region during the forecast period.
China is also expected to be one of the fastest-growing markets during the forecast period.
Based on the product type, the maxi electric scooters are expected to have the highest share in the electric scooters market. Based on the battery type, the lead-based battery type is expected to have the highest electric scooters market share during the period 2022-2032.
Based on the technology, battery technology is expected to have the highest market share during the forecast period.
For more details: https://www.futuremarketinsights.com/reports/electric-scooters-market
Competitive Landscape:
The key players are currently investing in strategic partnerships. The reason is that they want to implement the state-of-the-art technology that has been developed by players from other industries like the semiconductor sector, electronics sector, etc. This would certainly enable them to leverage the technology in the electric scooters and assist them in delivering a seamless user experience.
Some of the recent developments in the electric scooters market are:
In July 2022, Ather announced that it planned to boost electric scooters production tenfold.
In September 2022, Yamaha opened ‘Blue Square’ premium outlet in Bhubaneswar. The outlet would offer engaging customer experience, and showcase Yamaha’s entire range of two wheelers, apparels and accessories.
Rising fuel prices, coupled with an increasing demand for fuel-efficient vehicles, are expected to drive the demand for e-scooters during the forecast period. Apart from that, government agencies across the world are taking steps to combat pollution because of rapid urbanization. Consequently, people have started adopting these electric two wheelers because of the extremely low emissions associated with their usage, which is further expected to surge the electric scooters market growth.
Not only that, these mobility devices are effective in handling noise pollution as well. The noise that is generated during the application of electric scooter is much less as compared to fuel-based scooters. This might as well surge the sales of electric scooters during the forecast period. Moreover, some of the huge ridesharing companies are offering affordable mobility scooters, like Ola electric scooters, which are a breather, especially for office goers. Apart from that, millennials are showing a lot of interest in purchasing electric scooters because of their stylish features, which include lightweight, low storage space, and unique appearance.
Request Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-2705
However, insufficient charging stations pose a concern over the growth of the electric scooter market. But, with the anticipated increase in the adoption of these electric scooters, it is expected that the problem related to insufficient charge stations would soon be addressed, and we might get to see a lot more charging stations in the future.
Thus, from the insights provided by FMI analysts, it can be inferred that “an increase in the fuel price, coupled with increased initiatives from ruling authorities to curb air pollution, is expected to surge the growth of electric scooters market during the forecast period.”
Key Companies Profiled
Alta Motors, Ather Energy, BMW Motorrad International, Cezeta, Energica Motor Company, Hero Eco, Johammer e-mobility GmbH, KTM AG, Mahindra GenZe, Ninebot Limited, Okinawa Autotech Pvt. Ltd, ReVolt Electric Motorbikes, Xiaomi, Yamaha Motor Company Limited.
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