Report Code: A07141 | Pages: NA | Jul 2023 | 3281 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Fuel-cell Electric Vehicle Insulation Market
Request Now !Fuel-cell is an electrochemical cell which is used to convert the chemical energy of fuel such as hydrogen, oxygen, and others into electricity. The fuel-cell electric vehicle insulation requires a continuous source of fuel and oxygen which improves the thermal efficiency by minimizing the effect of heat, sound, & vibrations on the vehicle. Insulators help in regulating the temperature inside the cabin. Overheating severely affects the performance of the engine by evaporating the motorized liquids. Furthermore, the fuel-cell electric cabin insulation highly depends on the conversion of electricity from the chemical energy. Therefore, the conversion of electricity for regulating the cabin climate in the vehicle is expected to drive growth of the global fuel-cell electric vehicle insulation market in the near future.Â
Rise in demand for in-vehicle electronic system, stringent regulations imposed for the carbon emission reduction, and substantial investments from automakers in electric vehicles drive the growth of the market. However, absence of standardization of charging structure is expected to hamper the growth of the market. On the contrary, scope for further evolution of insulation materials for electric vehicles and scope of growth of autonomous electric vehicles are anticipated to provide lucrative opportunity for the market growth.
The global fuel-cell electric vehicle insulation market trends are as follows:
Majority of automotive manufacturers such as Daimler AG, Volkswagen, and others are majorly focusing on increasing the investment in the electric vehicle segment. Fuel-cell electric vehicle insulations help control the temperature in the cabin of the car and manage the heat generated by the conversion of chemical energy into electricity. Fuel-cell electric vehicle helps in reducing carbon discharge into the environment. Owing to the strict government policies major automotive manufacturers are investing a huge amount of money in the production of electric vehicles. For instance, Daimler has invested €10 billion in the expansion of Mercedes-Benz electronic fleet as well as €1 billion in the production of batteries for the electric vehicle. Therefore, substantial investments from automakers in the electric vehicle is anticipated to boost the fuel-cell electric vehicle insulation market growth during the forecast period.
Key benefits of the report:
Questions answered in the global fuel-cell electric vehicle insulation market research report:
Fuel-Cell Electric Vehicle Insulation Market Report Highlights
Aspects | Details |
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By Insulation Type |
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By Product Type |
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By Application |
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By Region |
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Key Market Players | Autoneum, Unifrax, Elmelin Ltd., Zotefoams plc, DuPont, Alder Pelzer Holding, Morgan Advanced Materials, BASF SE, 3M, Saint-Gobain |
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