India's electric bike market has been growing steadily over the past few years, with increasing awareness about the environmental benefits of electric vehicles and the rising cost of petrol. According to market analysis report by Motor Intelligence the E-Bike market in india is projected to register a CAGR OF...
The global traction inverter market was valued at US$ 15386.60 Million in 2022 and is expected to grow at 17.2% CAGR from 2022 to 2032. In the automotive traction inverter market, additional factors are expected to influence the growth of this market. These include increased awareness among consumers, OEMs, and numerous suppliers due to...
The size of the solar energy market in South Africa is estimated to increase by 23.31 terawatt-hour units from 2021 to 2026. The market's growth momentum will accelerate at a CAGR of 29.74%. Sunny climatic conditions are driving market growth. South Africa is located in a latitude zone with higher solar radiation than other regions or countries. Government...
The "Battery Energy Storage Growth Opportunities" report has been added to  ResearchAndMarkets.com's offering. Global battery energy storage (BES) deployment grew 51.8% in 2022 from 2021, with 17.54 GW/38.2 GWh commissioned. 2022 was a historic turning point in the clean energy transition. This study provides a regional-level forecast and analysis of how residential, commercial and industrial,...
Thermal Interface Material (TIM) plays an important role in power electronics, computing processors, sensors, and energy storage devices. TIMs are the materials used to fill the void between heat sources and heat sinks to enhance heat transfer. TIMs come in a variety of forms, including gap pads, thermal greases, thermally...
Electric vehicle (EV) rental services, particularly for 2-wheelers, have seen a significant rise in India in recent years. This can be attributed to various factors, including the growing awareness about the benefits of EVs, the increasing availability of charging infrastructure and the government's push towards the adoption of electric...
The portable inverter generator market reached a valuation of US$ 3.05 Billion in 2022. Furthermore, across the 2022-2032 period of assessment, growth is expected to accelerate at a 9.7% CAGR, reaching US$ 7.7 Billion. Increasing adoption of portable generators owing to a rapidly growing construction industry is also propelling market growth. Power...
The global automotive power electronics market is set to achieve a valuation of US$ 6 billion by 2033, advancing at 4.1% CAGR from 2023 to 2033, as per this new industry analysis by Fact.MR, a market research and competitive intelligence provider. Power electronics is a general term that refers to...
“According to Fact.MR the global electric vehicle component market is valued at USD 148.32 Billion in 2022. The market is further expected to gain size of USD 1001.95 Billion by the year 2032. The market is expected to grow with a CAGR of 21.05% in the forecast period.” Batteries used in electric vehicles come in three...

EV Policies in India

The focus on EVs was accelerated from 2013 with the announcement of the National Electric Mobility Mission Plan 2020 (NEMMP), followed by FAME – I and II subsequently. India has now gained good momentum on the EV deployment with a focus on all segments 2W, 3W, commercial vehicles, and...