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Showing posts from September, 2020

What are the upcoming technology advancements in EV charging cables?

  The report  " EV Charging Cables Market  by Power Supply Type (AC, DC), Application Type (Private Charging, Public Charging), Length (2 Meters to 5 Meters, 6 Meters to 10 Meters, Above 10 Meters), Shape , Charging Level, Region - Global Forecast to 2027"  The global EV charging cables market is projected to grow at a CAGR of 31.8%, to reach USD 1,808 million by 2027 from an estimated USD 198 million in 2019 Factors such as increasing adoption of electric vehicles, rapid development of electric vehicle supply equipment, and increasing demand for fast charging cables would drive the growth of the market. Public charging is the fastest growing segment during the forecast period. Public charging stations are installed at taxi stands, highways, government offices, parking lots of commercial properties, hotels, airports, and shopping malls. These charging stations have a high voltage and can charge a vehicle in the least possible time. To increase the adoption of electric veh

Fuel Cell Powertrain Market – Analysis with Ongoing Trends & Market Revenue

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  The global Fuel Cell Powertrain Market size is projected to grow from USD   268 million in 2020 to USD   3,797 million by 2025, at a CAGR of 70.0%. Increasing government initiatives for the development of hydrogen infrastructure and rapid technological changes in the automotive industry for fuel efficient systems are likely to boost the fuel cell powertrain market.    The key factor that is expected to rise the adoption of fuel cell vehicles is increasing investing in alternative sources of energy, such as fuel cells by goverments worldwide. Along with the development of fuel cell technology, it is important to create a robust infrastructure that can cater to the needs of hydrogen-powered transportation . In addition to this factor, FCEVs offer a high driving range, fast refueling, noiseless operation, and zero emission of greenhouse gases and air pollutants. Hence, their use is ideal for transportation and automotive applications. The key components of fuel cell powertrain are d