Search results for: 'Plug Power'

30 Jun 2020  |  North America  |  Market Research

Global Analysis of Power Electronic Market for Electric and Hybrid Vehicles, Forecast to 2025

Integration of Power Components for Modular and Flexi-Electric-Vehicle Platforms to be Key Focus Until 2025

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The global power electronics market is expected to multiply by 2025 with the rising demand for electric & hybrid vehicles. OEMs across the globe are looking at EV and HEVs as viable solutions in order to comply with the evolving stringent emission & fuel regulations. Power electronics play a huge important role in defining the efficiency, safety an...

23 Mar 2023  |  North America  |  Market Research

Strategic Analysis of WBG Semiconductors in Power Electronics Applications for EVs, Forecast to 2030

Future Growth Potential of Semiconductor Industry With Growing Powertrain Electrification to Improve Power Density and Efficiency

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The increasing use of electric vehicles (EVs) worldwide boosts power semiconductor demand. Government laws and subsidies, original equipment manufacturers' (OEMs') dedication to net zero emissions, and sustainability goals accelerate EV penetration in the vehicle industry. This study focuses on wide bandgap (WBG) semiconductors for the North Americ...

The primary focus of the global powertrain industry is to drive down emissions and improve fuel economy, irrespective of powertrain type. While improvements to IC engines are ongoing, vehicle electrification is the end target and on the rise. Each region has different powertrain priorities for lowering emissions and electrification, such as mild-hy...

15 Jun 2020  |  North America  |  Market Research

Strategic Analysis of Electric Vehicle (EV) Direct Current (DC) Charging Infrastructure, 2020

Ultra-fast Charging will be the Future for Luxury EVs

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The study aims to analyze the trends in the electric vehicle (EV) charging infrastructure, exclusively focusing on direct current (DC) charging, and summarize the highlights of the market. This research service provides a strategic analysis of the EV DC charging market in China, Europe, and the United States. The EV charging infrastructure market ...

In 2020, 3.2 million units were sold, of which 69.4% were Battery Electric Vehicles (BEVs) and 30.3% were Plug-in Hybrid Electric Vehicles (PHEVs). Europe emerged as a market leader with 43.3% market share for the first time in the history, overtaking China with 41.0%. Global EV penetration increased from 3.4% to 4.5% in 2020. Europe also recorded ...

Although battery electric vehicles and plug-in hybrids are being touted as a sustainable alternative transportation solution, hindrance of adoption can be attributed towards range anxiety. This coupled with increasing battery efficiency is driving OEM's to introduce long range EV's. Bigger battery packs owning to long range EV's cannot suffice with...

In 2020 the adoption of Electric Vehicles (EVs) accelerated across the world, particularly in Europe and the US. This growth was driven by heavy incentivization to promote EV sales and boost the overall automotive market. Global EV penetration in 2020 was 4.8%. In Europe it was 9.7%, and in the US, it was 2.3%. This rapid growth has sustained into ...

As we move into the new decade, the electric vehicle (EV) industry is likely to experience total sales of over 2.5 million units (including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Majority of the US OEMs are likely to reduce PHEV models and introduce BEV models in their product lines. Over 450 models—300 BEVs ...

08 Dec 2017  |  North America  |  Market Research

Future Trends in Luxury Electric Vehicle Market in North America and Europe, 2016–2025

Evolving Dynamics in the Luxury EV Space will Push OEMs to Look into Innovative Integration of Services and Experience as a Revenue Stream in the Future

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Stringent emission regulations have pushed luxury OEMs to electrify their offerings to adhere to the standards. Although battery electric vehicles and plug-in hybrids are being touted as sustainable alternative transportation solutions, low adoption can be attributed to lack of consumer awareness and common misconceptions about electric range and e...