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- revenue is projected to decline by 5.0% in 2023, attributed to the reduced demand for COVID-19-related test
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19 Feb 2019  |  North America  |  Market Research
Global Analysis of Electric Battery Market and Battery Thermal Management System for Electric and Hybrid Vehicles, Forecast to 2025
With Increasing Demand for High-performance xEVs with Higher Capacity Batteries, the Adoption of Battery Thermal Management Systems will be Essential for Ensuring Efficiency and Vehicle Safety
This research focusses on legislative measures taken by governments globally to adopt and implement high-end battery technology, and bring in new business models for private and public sectors to develop battery thermal management systems (BTMS). Private and public sectors have constantly provided investments and funding to OEMs, Tier I suppliers, ...
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30 Dec 2022  |  North America  |  Market Research
Opportunity Analysis of EV Digital Products and Services
Mega Trend of Industry Convergence (EV and Energy) and New Business Models, such as EaaS, BaaS, and CaaS
The electric vehicle (EV) market is growing rapidly and impacting the energy market and associated services. As OEMs integrate more software-defined solutions into EVs, a potential market for digital products and services (P&S) exists. EV-dedicated digital P&S allows key participants to continuously monetize these solutions through new revenue mode...
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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
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...
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25 Mar 2022  |  North America  |  Market Research
North American Battery Show Growth Opportunities
Transformative Mega Trends of Automotive Batteries in the Electrified Space
This research service covers the North American battery show, offering insights into topics, such as the presenters, and the key interest areas of electrified mobility, from components, such as a battery, to a vehicle level. It is the most comprehensive and the largest battery manufacturing trade show to showcase advanced battery technology for ...
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24 Dec 2021  |  North America  |  Market Research
Growth Opportunities in Electric Motor Technology for xEVs
Competitive Intensity to Grow With Efforts to Improve Power Density and Efficiency
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...
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09 Oct 2020  |  North America  |  Market Research
Transitory Trends in the Electric Vehicle Ecosystem in the United States, 2025
Challenges Posed By the Introduction of WLTP and Phasing out of Incentives to Push the Market Towards Self Sustainability
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 ...
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30 Jun 2022  |  North America  |  Market Research
Global Electric Vehicle Battery Manufacturer Profiles and Growth Opportunities
Local Raw Material Procurement and Supply Contracts with Regional Manufacturers Offer Logistical Advantages and Optimized Growth Strategies
Automotive sales in 2021 continued the seismic shift to electric vehicles (EV) that began in 2020, defying even the most bullish estimates as global EV sales grew by more than 100% year over year (YoY) with close to 6.7 million units sold to achieve 8.9% penetration in the passenger car market. China and Europe led the way, closely followed by the ...
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11 Oct 2022  |  North America  |  Market Research
Growth Opportunities in Electric Vehicle (EV) Battery Reuse and Recycling
Government Regulations and Environmental Concerns Prompt Market Participants to Establish Circular Economy
Environmental concerns resulting from the increasingly apparent climate change effects drive the worldwide adoption of sustainable transportation. With governments phasing out vehicles that run on fossil fuels through stringent emissions regulations, people are purchasing electric vehicles (EVs) in significant numbers. The global EV market recorded...
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06 Jun 2019  |  South Asia, Middle East & North Africa  |  Market Research
Strategic Analysis of the Indian EV & Hybrid Electric Vehicle Market, 2017–2030
With the Push from the Indian Government towards All-electric Vehicles, the Penetration of EVs and FHEVs is Expected to Reach as High as 2 Million Vehicles by 2030
Tightening emissions standards coupled with plaguing pollution levels have begun to shift the dynamics of the Indian automotive market. While xEV (electric and hybrid vehicles) have gained traction in developed nations internationally, they are yet to do so in the Indian market. However, projections show that in 2030 about 2 million xEVs will be so...
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07 Sep 2022  |  Europe  |  Market Research
European OEM Strategies for Passenger Car CO2 Emissions Compliance Towards 2030
The Tipping Point for OEMs to Move to Zero-emissions Driving as a Means for Compliance is Fast Approaching
Industry-wide fleet average CO2 emission targets for 2025 have been set to be 15% lower than 2020 levels, while 2030 levels will be 37.5% lower than 2020 levels. These targets are more stringent and are for cars only (separate targets are set for LCVs). Once the focus area for emission reduction, developments in IC engines no longer play an inte...
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