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The electric motor market is an established industry in reference to its size and presence all around the world. It finds applications in industrial machinery, aerospace, household appliances, and transportation. We are instrumental to provide reports that provide extensive assessment of drivers, restraints, opportunities, and challenges. The reports presented by Allied Market Research under this segment thoroughly investigates the current business structure and trends for the electric and hybrid vehicles industry. They take a plunge into the operational segments to study driving and restraining factors of growth. Opportunity areas have been presented after thorough corporate profiling of industry majors, to be considered by existing stakeholders and prospective investors.
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The global electric vehicle market was valued at $118,864.5 million in 2017, and is projected to reach $567,299.8 million by 2025, growing at a CAGR of 22.3% from 2018 to 2025. The electric vehicles are powered either by a collector ...
A battery is used as a secondary power source in automobiles. An electric vehicle battery is a secondary (rechargeable) battery. It uses chemical energy stored in rechargeable battery packs for power and therefore does not require any combustion engine for propulsion. An electric vehicle battery or traction battery powers the propulsion of battery electric vehicles in the market.
Autonomous vehicle also known as self-driving vehicles uses artificial intelligence (AI) software, light detection & ranging (LiDAR), and RADAR sensing technology, which is further used to monitor a 60-meter range around the car and to form an active 3D map of the current environment. The vehicle is designed to travel between destinations without a human operator.
Hands-Free Power Liftgate is a back-door system, the user of the vehicle controls the liftgate/tailgate opening and closing by pressing a key located on the dashboard or handheld remote. The hands-free power liftgate also offers intelligent anti-trap, height memory function and other functions.
Hydrogen Fuel Cell Vehicle Market is a device that generates electricity from hydrogen while the vehicle is running. It uses a hydrogen fuel cell to power its on-board electric motor. Hydrogen fuel cell vehicles do not create any greenhouse ...
The Global Electric Vehicle Chargers Market was valued at $163 billion in 2016, and is projected to reach at $1,786 billion by 2023, growing at a CAGR of 37.5% from 2017 to 2023.
The global airbag market is expected to reach $37.3 billion by 2022, growing at a CAGR of 9.4% from 2016 to 2022. An airbag is a type of vehicle safety device designed to promptly inflate during a collision and deflate after ...
Alternative Fuel and Hybrid Vehicle Market is expected to reach $614 billion by 2022, growing at a CAGR of 12.9%. Alternative fuel and hybrid vehicles (AFHVs) run on fuels other than conventional fuels such as gasoline and diesel. The rapid decrease in oil reserves have fueled the adoption of AFHVs across the globe.
Wireless electric vehicle charging (WEVC) is highly efficient, convenient, and easy-to-use wireless charging technology for charging electric vehicles. Plugless is one of the leading companies offering wireless charging to electric vehicles available in the market. Further, dynamic charging is the latest trend of wireless charging that offers charging while the vehicle is in motion.
The worldwide demand for CNG and LPG vehicles is skyrocketing owing to their economical nature and high efficiency as compared to traditional fuels, such as gasoline and diesel. Due to the availability of the dual fuel option, these vehicles present ...
Marine engines are used to provide power to marine vehicles like ships, submarines and boats. These engines consist of different components including crankshaft, liner, pistons, bedplate and head. They are constructed with corrosion inhibiting materials and their seals & bearings are especially designed for sea operating environment.
Transport plays a key role in today’s world.The indispensible nature of transport creates theneed to mitigate the various problems associated with it, such as the increase in the levels of congestion and traffic, noise and emissions of different gases into the environment.
A utility terrain vehicle (UTV) is a vehicle designed to perform tasks in a more efficient manner than a general-purpose vehicle. It is also known as a side-by-side, four-wheel drive off-road vehicle, with a capacity of two to six person. Recreational off-highway (ROV) or multi-purpose off-highway utility vehicle (MOHUV) are other terms used for this vehicle.
Zero emission vehicle (ZEV) is a vehicle that does not emit the tailpipe pollutant from the onboard source of power. These vehicles have significant emission benefits over conventional vehicles, and run on alternate power sources such as battery electricity, natural ...
An electric bus is a technologically advanced version of a conventional bus, which runs on electricity. In these buses, electric energy is stored in batteries, and can be recharged at charging stations. At present, there are two types of electric ...
A low-speed electric vehicle is an advanced version of four-wheel vehicles with maximum speed of 25 mph (40 km/h), and a minimum capable speed (typically 20 mph (32 km/h)), which allows them to travel on public roads not accessible to all golf carts or neighborhood electric vehicles (NEVs).
Railway transportation is the safest and best alternative to road ways and airways. The rise in traffic congestion has led to people using the railways more frequently. As railways are a very economical and feasible option compared to other transportation, ...
The North American drivetrain market is segmented based on drive type, vehicle type, and geography. The market is further categorized based on drive type into FWD, RWD, and AWD.
Hydrogen vehicle is a vehicle that uses hydrogen as its onboard fuel for motive. It includes hydrogen-fueled automobiles, space rockets, and other transportation vehicles. The power plants of hybrid vehicles convert chemical energy to mechanical energy either by burning hydrogen ...
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