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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 ...

28 Jun 2021  |  Global  |  Market Research

Global Stationary Lead Acid Battery Growth Opportunities

Companies are Increasingly Focusing on Renewable Energy and Moving towards Alternative and Distributed Power Generation; Telecom Companies and Data Centres will be the Key Drivers of Market Growth

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Stationary lead acid batteries (LABs) have been used for nearly 140 years to power various small and large applications. Over the last 5 decades, these batteries have become the standard source of power not only for automobiles but also for gensets, UPS systems, and other equipment. Low price, ease of recyclability, and user-friendliness have drive...

04 Jun 2020  |  Global  |  Market Research

Global Li-ion Battery Materials Market, Forecast to 2026

Quest to Strike Optimal Balance in the Crucial Trinity of Energy Density, Cost, and Supply Security to Steer Market Growth

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The study is an attempt to quantify the consumption of key Lithium-ion (Li-ion) battery materials and to gauge the level of impact that market developments such as advancement in battery chemistries and technologies, upsurge in electric vehicle (EV) sales, evolving regulatory scenarios, and increasing shift in consumer preferences toward EVs are ex...

25 Jul 2019  |  Asia Pacific  |  Market Research

Asia-Pacific Lithium-ion Battery Market, Forecast to 2025

Electric Vehicles, Energy Storage, and Industrial Applications Boost Demand

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Increasing use of smartphones that offer the mobile Internet facility loaded with multiple applications has become a way of life around the world. The Asia-Pacific region includes countries with high populations, emerging economies, and increasing urbanization. All this paves the way for higher demand for smartphones and improved telecommunications...

Renewable energy sources have a major impact on the stability the power grid due to their randomness and intermittence in energy generating process. The widespread adoption of renewable energy and electric vehicles (EVs) requires the energy storage systems with enhanced energy and power densities, optimized efficiency, reduced cost, and possibility...

Battery swapping stations are an important component of the $40 billion electric two-wheeler industry. The battery swapping market is in the growth stage and moving toward consolidation. The food delivery and courier, express, and parcel industries have been making the move to electric mobility fleets, most notably with the use of two-wheelers,...

While the global economy is experiencing its worst disruption in decades with uncertainties surrounding the magnitude of COVID-19’s impact, a way forward persists. In this research, Frost & Sullivan analyzes the scale of impact on global gross domestic product (GDP) growth and other critical macroeconomic elements such as unemployment, inflation, a...

22 Oct 2024  |  Global  |  Market Research

Digitization in Public Transportation, North America and Europe, 2023 2030

Sustainability and Digitization are Driving Transformational Growth and Generating a Revenue Potential of $236.13 Billion by 2030

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The public transport industry is undergoing a transformative shift, driven by technological advancements, changing urban landscapes, and evolving passenger expectations. Digitization is emerging as a key catalyst for this transformation, offering opportunities to enhance efficiency, improve passenger experience, and foster sustainability. Why do...

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...