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PORTLAND, Ore., Feb. 9, 2021 /PRNewswire/ Allied Market Research published a report, titled, Automotive Motors Market
by Type (DC brushed motors, Brushless DC motors, Stepper motors, and Traction motors), Vehicle Type (Two-wheelers, Electric Two-wheelers, Passenger cars, Light commercial vehicles (LCVs), Heavy commercial vehicles (HCVs), BEV, PHEV, and HEV), Function (Performance, Comfort & Convenience, and Safety & Security), Technology (PWM, DTC, and others), and by Application (Alternator, ETC, Electric parking break, Sun roof motor, Fuel pump motor, ECM, Wiper motor, Engine cooling fan, HVAC, VVT, EGR, Starter motor, Anti-lock brake system, EPS, PLG, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global automotive motors industry was estimated at $28.72 billion in 2019, and is anticipated to hit $36.66 billion by 2027, registering a CAGR of 6.5% from 2020 to 2027.
Advanced Batteries Market Size to Surpass US$ 168 13 Bn by 2030 padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
Electric Vehicle Market to Register Growth 40.7% by 2027
The global electric vehicle market is expected to register a compound annual growth rate (CAGR) of 40.7% from 2020 to 2027 according to Precedence Research
/EIN News/ OTTAWA, Jan. 08, 2021 (GLOBE NEWSWIRE) Recent Research Report on “
Electric Vehicle Market (By Product: Battery Electric Vehicles (BEV) and Plug-in Hybrid Electric Vehicles (PHEV)) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 - 2027.”
Electric vehicle is an electrically powered vehicle that uses traction motor or electric motor for propulsion. They have shown attractive growth over the past decade and their adoption rate is still prospering in double digit growth. On the basis of product they are categorized into Battery Electric Vehicle (BEV) and Plug-in Hybrid Electric Vehicle (PHEV). Presently, BEV dominated the sale of electric vehicles across globe. However, PHEVs are anticipated to flourish significantly over
Electric Vehicle Market to Register Growth 40 7% by 2027 – Padovanews padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.