Permanent Magnet Motor Market is Booming – Gaining Revolution in Eyes of Global Exposure | ABB, Siemens, Wolong, WEG, Rockwell

Latest report “Permanent Magnet Motor Market by Type (PMAC, PMDC, and Brushless DC), Power Rating (Up to 25 kW, 25–100 kW, 100–300 kW, and 300 kW & Above), End-User (Industrial, Commercial & Residential), and Region – Global Forecast to 2026” The global permanent magnet motor …

Rapid Urbanization Witnessed Worldwide to Boost Current Transducer Market

Global Current Transducer Market Overview: The global current transducer market is expected to grow from an estimated USD 581.1 Million in 2018 to USD 683.7 Million by 2023, registering a CAGR of 3.31% during the forecast period. This growth is primarily due to the increasing …

DC Power Supplies Market to Grow $454 Million by 2024

DC Power Supplies Market

The global DC power supplies market size is projected to reach USD 454 million by 2024 from an estimated value of USD 361 million in 2019, at a CAGR of 4.7% from 2019 to 2024. The growing wireless communication & infrastructure and aerospace & defense …

Electric Traction Motor Market – Expectation Surges with Rising Demand and Changing Trends

Global Electric Traction Motor Market Scenario: The electric traction motor market comprises several stakeholders such as companies related to the industry, consulting companies in the power sector, power companies, government & research organizations, organizations, forums, alliances & associations, electric traction motor service providers, state & …

Electric Off-Highway Vehicle Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025

Electric Off-Highway Vehicle Market

The global Electric Off-Highway Vehicle Market size in a pre-COVID-19 situation was projected to reach USD 8.8 billion in 2020 from USD 21.7 billion by 2025 (in terms of value). However, due to COVID-19, most of the OEMs have delayed new vehicle developments and launches. …

AC Power Sources Market Size to Grow $1.1 billion by 2024| Key Geographies that will Drive Growth

AC Power Sources Market Scenario The global AC power sources market is expected to grow from an estimated USD 1.0 billion in 2019 to USD 1.1 billion by 2024, at a CAGR of 2.4%, during the forecast period. The growth of the AC power sources …

Smart Electric Drive Market Competitive Analysis with Growth Forecast Till 2022

Smart Electric Drive Market

The report “Smart Electric Drive Market by Vehicle Type (BEV, HEV, PHEV, Electric Bus, Truck), Component (Power Electronics, E-Brake Booster, Inverter, Motor, Battery), Application (E-Axle, Wheel Drive), Drive (FWD, RWD, AWD), and Region – Global Forecast to 2022″, The smart electric drive market for automotive, by value, …

Electric Vehicle Charging Station Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2027

Electric Vehicle Charging Stations Market

The global Electric Vehicle Charging Station Market size is projected to reach 30,758 thousand units by 2027, from an estimated 2,115 thousand units in 2020, at a CAGR of 46.6%. The base year for the report is 2019, and the forecast period is from 2020 …

E-Bike Market: Insights & Forecast to 2027

E-Bike Market

The Global E-Bike Market size is projected to grow to USD 70.0 billion by 2027 from USD 41.1 billion in 2020, at a CAGR of 7.9%. Government support and initiatives to increase the sale of e-Bike would drive the global e-Bike market. The E-bike market …

Advanced Energy Storage Systems Market is Booming Worldwide | ABB, General Electric, Tesla, Samsung SDI, LG Chem …

Advanced Energy Storage Systems Market

The global advanced energy storage systems market to grow from USD 12.7 billion in 2017 to USD 19.0 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.4% during 2017 to 2022. The growth of the advanced energy storage systems market is attributed to …

Brushless DC Motor Market: Increased Global Demand for Brushless DC Motors to use in various industries Fueling Market Growth

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. The market is set to witness growth due to increasing industrial …

Electric Commercial Vehicle Market: Opportunities & Prominent Trends

electric commercial vehicle market

The Global Electric Commercial Vehicle Market size is expected to grow from approximately 261 thousand units in 2020 to reach 1,890 thousand units by 2027, at a CAGR of 32.7%. Factors such as a rise in pollution and environmental hazards, stringent government regulations, and stiff …