The Global Spintronics Market was valued at USD 303.8 million in 2020, and it is projected to be worth USD 4,558.5 million by 2026, registering a CAGR of 50.4%, during the period 2021-2026 . The spintronics market is in its nascent stage, in which a significant portion of the market is still highly dependent on researches and technological...
The global ride hailing market is valued at USD 113 billion in 2020 and is anticipated to reach a value of USD 230 billion by 2026, registering a CAGR of 8.75%, during the forecast period, 2021-2026. During the outbreak of pandemic COVID-19, the market was hit badly because of the imposed lockdowns around the world to curb the spread...
Executive Summary The Global Automotive FCEV Market, valued at USD 415.45 Million in the year 2020, has been witnessing lucrative growth owing to stringent regulatory standards regarding environment conservation, supportive government policies on energy conservation, as well as growing consumer awareness about product quality....
The Mexican electric bus market was valued at USD 80.30 million in 2020 and is expected to reach USD 478.11 million in 2026 registering a CAGR of 31.62 % during the forecast period (2021-2026). The outbreak of the COVID-19 pandemic impacted the growth as the country went through strict lockdown for a long period in 2020. Yet, with the...
The market for polyimide films is expected to expand at a CAGR of over 7% during the forecast period. Major factors driving the market studied is the increasing demand from the electronics industry. High processing cost of polyimide films is one of the major challenges witnessed in the polyimide films market - Increasing adoption of...
The global EV test equipment market size is projected to reach USD 105 million by 2026, from an estimated USD 42 million in 2021, at a CAGR of 20.1%. There have been a rising number of innovations in the EV test equipment market. This can be attributed to the increasing demand for emission-free and efficient electric vehicles, driver safety,...
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...
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%. Governments are supporting electric vehicle charging stations through subsidies & tax rebates for installing electric vehicle charging stations and working in collaboration...
KEY FINDINGS The global electric vehicle charging system market is forecasted to progress with a 46.66% CAGR over the estimated period. The market’s growth is ascribed to chief factors like the thriving electric vehicle industry, technological advancements, governmental push for the electric vehicle market, and the increasing...
The global electric vehicle charging station market was valued at USD 5.03 billion in 2020 and is expected to register a value of USD 36.87 billion by 2026, with a CAGR of 44.44%. The electric vehicles (EV) market is witnessing significant growth, owing to the growing environmental concerns and rising demand for sustainable and energy-efficient...