Automotive

According to Vision Research Reports, the global heavy duty commercial vehicle market size was estimated at US$ 337.56 Billion in the year 2020 and expected to surpass around US$ 370 Billion by 2030. The global Heavy Duty CV market is observing lucrative growth owing to stringent regulatory standards regarding environment conservation, supportive government policies on …

Heavy Duty Commercial Vehicle Market Size to Hit USD 370 Billion by 2030 Read More »

The Zero Emission Vehicle (ZEV) market was valued at US$ 73.59 billion in 2020 and is projected to hit around US$ 305.92 billion by 2030, at a CAGR of 23% during the 2021-2030. In this study, 2020 has been considered as the base year and 2021 to 2030 as the forecast period to estimate the …

Zero Emission Vehicle Market Drive Stunning Growth 23% by 2030 Read More »

According to Vision Research Reports, the on-board charger market size is expected to hit around US$ 17.5 billion by 2030 from valued at US$ 6.06 billion in 2020 and is anticipated to grow at a CAGR of 19.2% during forecast period 2021 to 2030. Growth Factors The market growth can be attributed to the increase in …

On-Board Charger Market Size to Hit USD 17.5 Billion by 2030 Read More »

According to Vision Research Reports, the Vehicle-To-Grid Technology market size is expected to hit around US$ 20.06 billion by 2030 and is anticipated to grow at a noteworthy CAGR of 50% during forecast period 2021 to 2030. Combining BEVs (Battery Electric Vehicles) with vehicle-to-grid technology is creating revenue opportunities for various stakeholders in the market. …

Vehicle to Grid Market to Witness Strong Growth 50% by 2030 Read More »

According to Vision Research Reports, the global electric vehicle traction motor market size is expected to hit around US$ 21.8 billion by 2030 and is anticipated to grow at a CAGR of 42.6% during forecast period 2021 to 2030. Growth Factors Traction motor is the most vital component used in electric vehicles (EV) as it …

Electric Vehicle Traction Motor Market to Witness Strong Growth 42.6% by 2030 Read More »