Brushless DC Motor Market worth $17.6 Billion by 2028

Brushless DC Motor Market

The global Brushless DC Motor Market is expected to reach USD 17.6 billion by 2028 from USD 12.1 billion in 2023 at a CAGR of 7.9% during the 2023–2028 period according to a new report by MarketsandMarkets™. The increasing adoption of Brushless DC motors is driven by their …

2024 Outlook: Rising Trends in the Inverter Market

Inverter Market

The simplicity of installation for both string and micro inverters is the main factor propelling the global market’s expansion. The industry has grown as a result of increased investment in the development of renewable power infrastructure and the rise in demand for electricity from diverse …

Electric Motors Market Likely to Boost Future Growth by 2027

Electric Motors Market

The global Electric Motors Market is expected to grow from USD 134.0 billion in 2022 to USD 186.0 billion by 2027, at a CAGR of 6.8% according to a new report by MarketsandMarkets™. This market is mainly driven by increasing investments in electric vehicles and …

Brushless DC Motor Market will Hit Big Revenues in Near Future

Brushless DC Motor Market

The global brushless DC Motor market size is expected to grow from an estimated USD 9.6 billion in 2020 to USD 15.2 billion by 2025, at a CAGR of 9.5%, during the forecast period. Increasing industrial applications of these motors and surging adoption of brushless DC motors …

E-Bike Market Opportunities & Prominent Trends by 2026

E-Bike Market

The e-Bike market size is projected to reach USD 80.6 billion by 2027 from an estimated USD 49.7 billion in 2022, at a CAGR of 10.2% from 2022 to 2027. The market is expected to witness growth due to the development of infrastructure for e-Bike …

Electric Motor Market will Escalate Rapidly in Near Future

Electric Motor Market

The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period. Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East …

Electric Commercial Vehicle Market: Opportunities & Prominent Trends

electric commercial vehicle market

The Global Electric Commercial Vehicle Market size is projected to grow from 353 thousand units in 2022 to 3,144 thousand units by 2030, at a CAGR of 31.4%. The demand for electric commercial vehicles like electric buses, electric trucks, electric pickups and electric vans is …

Brushless DC Motor Market to Show Strong Growth in Near Future

Brushless DC Motor Market

The global brushless DC Motor market size is expected to grow from an estimated USD 9.6 billion in 2020 to USD 15.2 billion by 2025, at a CAGR of 9.5%, during the forecast period. Increasing industrial applications of these motors and surging adoption of brushless …

Electric Bus Market: Analysis, Growth & Trends

Electric Bus Market

The global Electric Bus Market size is expected to grow from approximately 112,041 units in 2022 to reach 671,285 units by 2027, at a CAGR of 43.1%. Factors such as a rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled …

Wireless EV Charging Market to Grow at a CAGR of 88.4%

Wireless EV Charging Market

The global Wireless Charging for Electric Vehicles Market is projected to grow from $15 million in 2022 to $377 million by 2027, at a CAGR of 88.4%. Factors such as rising sales of EVs around the world, coupled with the growing focus on autonomous vehicles …

Electric Motor Market will Hit Big Revenues in Near Future

Electric Motor Market

The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period. Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East …

E-Bike Market: Insights & Forecast to 2026

E-Bike Market

The E-Bike Market is projected to reach USD 79.7 billion by 2026 from USD 47.0 billion in 2021, at a CAGR of 11.1%. Government support and initiatives and the positive impact of the Covid-19 pandemic on sales of e-bikes will drive the electric bike market. …

Opportunities Worth ~USD 26 Bn Opening Up in E-Mobility Industry

e-Mobility industry

Disruption in Electrification – Opportunities worth ~USD 26 Bn are opening up in the E-Mobility industry, as Li-Ion battery sales are likely to touch ~$70 Bn by 2025. According to MarketsandMarkets analysis, There is ~USD 26 Bn potential opportunity within E-Mobility eco-system, more than half …

Industrial Power Supply Market Likely to Boost Future Growth by 2026

Industrial Power Supply Market

According to the new market research report “Industrial Power Supply Market By Type (AC-DC and DC-DC Converter), Output Power (Very Low Output(up to 500W), Low Output(500-1,000W) Medium Output(1,000W–10kW), High Output(10-75kW), Very High Output(75-150kW), Vertical, Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global …