The India electric three-wheeler market reached a value of US$ 754.5 Million in 2021. Looking forward, the analyst expects the market to reach US$ 1,874.9 Million by 2027, exhibiting a CAGR of 16.25% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect...
The Global All-terrain Vehicle Market size is expected to reach $3.8 billion by 2027, rising at a market growth of 4.2% CAGR during the forecast period. A vehicle equipped with four low-pressure tires and handlebars is known as an all-terrain vehicle (ATV). Known for their sturdiness, off-road characteristics, and flexibility, they...
Global Automotive Inverter Market to Reach $50.1 Billion by 2031 Industry & Technology Overview Global Automotive Inverter Market Industry Overview The global automotive inverter market was estimated to be at $8.3 billion in 2020, which is expected to grow with a CAGR of 17.09% and reach...
The Global SiC Wafer Market was valued at USD 937.2 million in 2021, and it is expected to reach USD 3,719.2 million by 2027, registering a CAGR of 15.3% during the period of 2022-2027. Silicon carbide (SiC) is used for high-power applications, owing to the wide bandgap offered by it. High-performance power ICs are often based on SiC substrates....
The global electric vehicle market size is projected to reach 39,208 thousand units by 2030, from an estimated 8,151 thousand units in 2022, at a CAGR of 21.7%. Governments are supporting EV’s through subsidies & tax rebates for using low emission vehicles and working in collaboration with top automobile manufacturers to speed up growth of...
The Electric Vehicle Market was valued at USD 411.02 Billion in 2021, and it is expected to reach USD 1393.33 Billion by 2027, witnessing a CAGR of 19.19% during the forecast period (2022 - 2027). The impact of COVID-19 on the electric vehicle market was inevitable as it affected almost every other industry in the market. However,...
The global electric scooter and motorcycle market is expected to account for 6,193 thousand units by 2027, growing at a CAGR of 33.1% during the forecast period. Favorable Government policies for electric two-wheelers through subsidies & tax rebates and development towards charging infrastructure together with OEMs, would support growth of...
The Global Metal Magnesium Market was accounted for 956.69 kilotons in 2021 and is expected to grow with a CAGR of 5.80% during the forecast period (2022-2027). The market was negatively impacted by the COVID-19 pandemic in 2020. However, the demand has increased in 2021, due to the rise in consumption from various growing end-user...
Executive Summary The Global Electric Bus Market was valued at USD 33.72 Billion in the year 2021. With the increased disposable income in highly populated countries such as China, Japan, and India, the adoption of Fuel Cell Electric Bus is high. The advancements in Electric buses and increased use of electronic devices...
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