The India electric vehicle market is projected to grow at a significant CAGR during the forecast period (2019-2025). The market growth is attributed to the increasing interest of start-ups in the domestic market of the EV landscape. For instance, in January 2021, Ozon Motors announced to debut in India. The company will unveil its first product (Alice […]
Category Archives: Business
Global Electric Vehicle market is estimated to grow at a CAGR of more than 20.0% during the forecast period. The rising need to address future energy requirements is one of the major factors to drive the growth of the global EV market. The EV market is emerging as an integral part of the automotive industry […]
Germany electric vehicle (EV) market is anticipated to grow at a significant CAGR of 23.0% during the forecast period (2019-2025). Germany is a major automotive market player across Europe. According to Germany Trade and Invest, in 2019, Germany accounted for around 25.0% of all passenger cars manufactured (4.7 million) and approximately 20.0% of all new car […]
France electric vehicle market is expected to grow at a CAGR of 18.0% during the forecast period. Due to the COVID-19 pandemic, and lockdowns announced to control the spread of the pandemic, a negative effect on the overall industry was witnessed in the country in 2020. In the whole of 2020, the French vehicle sales declined […]
Finland’s Electric Vehicle market is estimated to grow at a CAGR of more than 15.0% during the forecast period. The rising need to address future energy requirements is one of the major factors to drive the growth of the market. The EV market is emerging as an integral part of the automotive industry that provides […]
The European electric vehicle market is projected to grow at a significant CAGR of more than 18.0% during the forecast period (2019-2025). The factors that propel the growth of the market include the rising sales of electric vehicles by the companies, new EV models, and the rising need for future energy requirements. In November 2020, the Renault […]
Digital displays with 4K technology address the growing demand for sharp images. Software providers are targeting new entrants by designing solutions that are compatible with the Android OS. With the increasing adoption of cloud computing, the emergence of IoT is expected to enable the collection of critical operational and marketing data. Digital signage helps businesses […]
The market for lithium-ion batteries is expected to register a CAGR of 22%, during the forecast period (2021-2027). Recycling of lithium-ion batteries is expected to secure the supply of raw materials such as lithium and cobalt and reduce dependence on extraction and purification of raw materials from mineral resources. Recycled lithium-ion batteries currently used in […]
UK electric vehicle market is expected to grow at a CAGR of 23.0% during the forecast period. The automotive market for the country declined due to the COVID-19 pandemic and the lockdown announced due to the same. UK annual sales of vehicle sales drop to a record low to 1.63 million in 2020 with a downfall […]
The US Polylactic Acid (PLA) Market is expected to grow at a CAGR of around 16.1% during the forecast period. Higher per capita economy, high usage of consumer electronics, automotive, plastic and packaging are the major factors contributing towards the market growth in the country. Presence of major players of PLA market which includes BASF […]