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The Worldwide Automotive Traction Motor Industry is Expected to Reach $17.3 Billion by 2026 at a CAGR of 33.7% from 2021


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The global automotive traction motor market is projected to grow at a CAGR of 33.7% from USD 4.1 billion in 2021 to USD 17.3 billion by 2026. Factors such as supporting government policies launch of new EV models, and advanced motor designs will drive the automotive traction motor market.
The electric vehicle industry has rapidly evolved with ongoing developments in design, features, engineering, and electric motor technologies. With the increasing stringency of government mandates regarding emissions caused by vehicles, the automotive industry is focusing on efficiency, emission-free propulsion, and innovative technologies. The high predicted growth of electric vehicles due to government mandates and global presence of major OEMs and Tier I suppliers is expected to drive the market. ....

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Electric Vehicle Range Extender Market To Witness 10.2% CAGR By 2025 Owing To Rising Usage of Commercial & Fully Electric Passenger Vehicles To Lower CO2 Emissions


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FELTON, Calif., Feb. 3, 2021 /PRNewswire/ The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, according to a new report by Million Insights, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a system that enables a higher vehicle range to allow long-distance journeys. High growth in the use of commercial and fully electric passenger vehicles to lower CO2 emissions along with superior performance abilities and expandable range is anticipated to stimulate industry growth.
The automotive industry is regarded as the largest oil consumer globally, contributing to increased pollution levels. Governments of several nations have imposed strict regulations on manufacturers to produce zero/low emission vehicles to help lower carbon emission. ....

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Automotive Oil Filter Market Prospects Examined for Period until 2027


Automotive Oil Filter Market Prospects Examined for Period until 2027
The report provides up-to-date review of the current global market scenario, the latest developments and drivers, and the overall market environment is given in the study.
BriefingWire.com, 1/27/2021 -
Facto Market Insights published a title on “Automotive Oil Filter Market – 2020-2027”, to its collection. The study on the automotive oil filter market defines the analysis of all the segments, along with the market sizing, year-over-year growth analysis and structure of the industry. The research report also includes the analysis of geographical manufacturers & new market players, covering all the data & information suitable for the clients to make strategic business decisions. ....

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