The market for BMS is expanding as a result of factors like the quick uptake of electric and hybrid vehicles (HEVs) as well as an increase in industrial preference for the use of lithium-ion batteries. The market is growing as a result of an increase in the use of rechargeable batteries across a variety of … Read more
Lithium-ion battery adoption for electric vehicles is rising. Lithium-ion battery adoption is accelerating, which is causing an increase in the use of electric vehicles as a result of several causes like energy efficiency, pollution reduction, and customer uptake. Other reasons influencing the adoption of electric vehicles include the development of cutting-edge battery technology and the … Read more
The voltage, battery capacity, battery type, driving range, and vehicle type are used to segment the high voltage battery market. Commercial electric vehicles, which include passenger cars, employ batteries with a voltage rating between 400 and 600 volts, whereas heavy-duty vehicles use batteries with a voltage rating over 600 volts, which are ideally suited for … Read more
One of the key growth drivers for the carbon thermoplastic composites market is the expanding aerospace and defence sectors globally. Additionally, the International Civil Aviation Organisation wants to lessen the aviation sector’s greenhouse gas emissions, which is boosting the adoption of aircraft emission requirements for new aircraft. As a result, the market growth increases during … Read more
The size of the worldwide carbon fibre market was estimated at USD 3.07 billion in 2022, growing at a CAGR of 11.9% during that time. Carbon atoms having a diameter of five to ten micrometres are used to create carbon fibre. It also goes by the name graphite fibre. These fibres have stronger chemical resistance, … Read more
The need for automotive electronics components is anticipated to increase as hybrid electric vehicles (HEV) and electric vehicles (EV) become more widely used. Additionally, replacing mechanical parts with electronic parts, such as using electronic switches rather than relays, is another way that electronics can meet the diverse needs of the automotive industry while at the … Read more
The Blind Spot Monitor (BSM) Market report is the result of the collection of data regarding a market within one or more industries. The report’s forecast period, 2023 to 2030, covers examination of both quantitative and qualitative data related to the blind spot monitor (BSM) market. The report is being prepared to take into account … Read more
America was a pioneer in the use of fuel cell forklifts. These kinds of forklifts are used for material handling applications by businesses in the automotive, medical, and food and beverage industries. Warehouse owners had to rely on other businesses to obtain gasoline for these fuel cell forklifts when they were first used. However, fuel … Read more
Global autonomous ships market will reach $77.71 billion by 2030, growing by 8.4% annually over 2020-2030 driven by the demand for operational safety of ships, retrofitting of existing ships, increase in trade activities, and technological advancements in automation systems.Highlighted with 83 tables and 76 figures, this 161-page report “Global Autonomous Ships Market 2020-2030 by Component, … Read more
Global electric vehicle power inverter market will reach $59,971.1 million by 2031, growing by 14.5% annually over 2021-2031, driven by the increasing sales of electric vehicles, the growing incorporation of inverters operating in EVs, the growing government support, and the technological advancements in the field of power electronics.Highlighted with 82 tables and 77 figures, this … Read more