NEW YORK, May 5, 2021 /PRNewswire/
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The hybrid and electric vehicle on-board charger market is poised to grow by 5.94 million units between 2020-2024, progressing at a CAGR of about 30% during the forecast period.Â
Some of the major factors responsible for the growing demand for EVs are low air and noise pollution. Moreover, the popularity of EVs is growing because of the increased marketing by vendors. Demand for electricity, especially during peak hours is growing with an increasing number of EVs. To cater to this growing demand vehicle-to-grid (V2G) chargers are being developed and tested which can transfer power bi-directionally between the vehicle and the grid. These factors compel plug-in vehicles to use bi-directional on-board chargers which is a key factor driving the growth of the market during the forecast period.Â
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NEW YORK, May 5, 2021 /PRNewswire/
Technavio has announced its latest market research report titled Hybrid and Electric Vehicle On-Board Charger Market by Type and Geography - Forecast and Analysis 2020-2024
The hybrid and electric vehicle on-board charger market is poised to grow by 5.94 million units between 2020-2024, progressing at a CAGR of about 30% during the forecast period.
Some of the major factors responsible for the growing demand for EVs are low air and noise pollution. Moreover, the popularity of EVs is growing because of the increased marketing by vendors. Demand for electricity, especially during peak hours is growing with an increasing number of EVs. To cater to this growing demand vehicle-to-grid (V2G) chargers are being developed and tested which can transfer power bi-directionally between the vehicle and the grid. These factors compel plug-in vehicles to use bi-directional on-board chargers which is a key factor driving the growth of
The Electric Vehicle Charging Infrastructure Market report has been added to Technavio s library which consists of more than 17000 reports from 150+ industries.
Technavio has announced its latest market research report Electric Vehicle Charging Infrastructure Market by Type and Geography - Forecast and Analysis 2020-2024
The electric vehicle charging infrastructure market is poised to grow by USD 17.64 billion between 2020-2024, progressing at a CAGR of almost 52% during the forecast period.
The usage of EVs is heavily promoted by government bodies due to the growing concerns over environmental pollution and the depletion of conventional sources of energy. The sales of BEVs and PHEVs are at an all-time high because governments in various markets are providing subsidies and incentives for using EV charging solutions. This increase in sales of BEVs and PHEVs will boost the electric vehicle charging station market growth during the forecast period. Moreover, advances in
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The Electric Vehicle Charging Infrastructure Market report has been added to Technavio s library which consists of more than 17000 reports from 150+ industries.
The electric vehicle charging infrastructure market is poised to grow by USD 17.64 billion between 2020-2024, progressing at a CAGR of almost 52% during the forecast period.
The usage of EVs is heavily promoted by government bodies due to the growing concerns over environmental pollution and the depletion of conventional sources of energy. The sales of BEVs and PHEVs are at an all-time high because governments in various markets are providing subsidies and incentives for using EV charging solutions. This increase in sales of BEVs and PHEVs will boost the electric vehicle charging station market growth during the forecast period. Moreover, advances in electric vehicle technologies, enhancement in charging infrastructure, and improvement in socio-economic conditions will also fuel the demand for BEVs an
Electric Vehicle Battery Market 2021 Growth, COVID Impact, Trends Analysis Report 2027 Facto Market Insights as of late distributed statistical surveying report on the worldwide Electric Vehicle Battery Market to its assortment of statistical surveying reports.
BriefingWire.com, 4/20/2021 - Facto Market Insights as of late distributed statistical surveying report on the worldwide Electric Vehicle Battery Market to its assortment of statistical surveying reports. The exploration report covers point by point examination of market measuring and anticipating of the market covering the market drivers, challenges, opportunity investigation, and patterns, alongside different key bits of knowledge in the worldwide market. The examination report additionally incorporates the investigation of territorial producers and new market players, covering all the data reasonable for the customers to settle on essential business choices in the busines