The EV charging station market is on the rise around the world as demand from consumers rises and governments seek to encourage adoption of eco-friendly transportation. Incentives on electric vehicle purchases alone aren’t enough to encourage a city or country’s population to switch away from gas-fueled cars – there needs to be enough infrastructure in…
The South Korean government has set high goals for its electric vehicle industry over the next ten years, and is making heavy investments in both the vehicles themselves and in the infrastructure necessary to support them. The government announced late last year that it would be providing the equivalent of about $900 million in subsidies for…
Self-driving cars may still be rare to see on the roads today, but the development of the global self-driving car market is certainly not slow. With an expected CAGR of 42% through 2022, the global self-driving car market will definitely make some more technological progress in terms of reduced accidents, better traffic management, and…
The global electric bus market has been in a steady growth phase in recent years, led by China who remains the leading region for electric buses. The electric bus market is one of the major segments of the global electric vehicle market, which contributes significantly in urban areas’ zero carbon emission policies and environment protection…
The global electric vehicle battery market is experiencing a strong and steady growth, primarily driven by the boom of global hybrids and electric vehicle market over the recent years. In order to further compete with conventional petrol or diesel engine cars in today’s automotive industry, the development of electric vehicle battery technologies has been focusing…
The global connected car market has been boosted by the rapid development of connected car technology over the recent years, and the top 10 connected car companies continue to dominate the global market in 2019. The emerging trend in the global automotive industry is that the demand for connected car technologies — internet access, infotainment…
More than 300 million electric motors are used in infrastructure, large buildings, and industry globally. Over 30 million motors are sold each year for industrial purposes alone. At a time when talk has shifted to emission reduction, electric motor manufacturers have been innovating and disrupting the global marketplace. With so much demand for electric motors,…
With the availability of truck-only lanes or highways in several developed regions across the globe such as the US and Europe, there has been a favorable environment for the development of the self-driving cars. At present, there is a growing trend of autonomous vehicles led by world’s top self-driving car companies, and the industry is…
Humanity’s obsession with chic cars is a never-ending phenomenon, while the top car engine manufacturers that power these cutting-edge wonders are key enablers of the automotive revolution that is currently underway around the world. Here’s a listing of the largest car engine manufacturers that are set to consolidate their advantages even further in the next…
With the continuously increasing demand for premium quality products and rising need to improve the industrial processes, the top 10 industrial automation companies in the world are encouraging the deployment of industrial automation control systems and services. The Top 5 Disruptive Trends in the Industrial Automation Market are being increasingly adopted by the industries across…
