The automotive industry, currently, is going through a paradigm shift as the number of electric vehicles (EVs) and hybrid vehicles increase year on year. In the year 2017, there were about three million EVs on road globally. Some studies expect this number to grow exponentially in the next decade. One such study by Shell indicate that by 2031, about half of all the vehicles manufactured are expected to be electrified vehicles. In addition to that, some car manufacturers have even said that they have in their plans to totally cease diesel model production. These forecasts can only be realised if EVs improve their performance considerably. Neglected until a few years ago, EV fluids can help improve the performance of EVs. These fluids have now become essential as they help in regulating EV’s battery temperature and power electronics. Other chief functions of EV fluids is lubricating transmission and powertrains. In the coming years, the trend of EVs and hybrid vehicles becoming more powerful is expected to continue with standard fluid becoming inadequate and requiring specialised EV fluids which have dielectric property.
Request a sample of this report @ https://www.adroitmarketresearch.com/contacts/request-sample/1306
Falling battery costs and regulatory environment will drive the adoption of EV fluids
Among the major drivers of EV fluids market are the regulatory environment and environmental challenges. These regulations concerning carbon emissions and fuel economy are forcing companies to constantly innovate in order to decrease environmental damage at the same time managing user expectations for performance and quality. This shift to cleaner mobility is expected to be a major driver of the market. Another major driver of the market is the declining cost of batteries. Battery costs have depreciated 75% over the past five years. This is encouraging for EV makers as they are putting more and more new EVs on roads which require more EV fluids. Various market players are trying to ride this trend and have started devoting large parts of Research and Development budget towards EVs and EV fluids. Technical requirements placed on EV fluids is expected to be one of the challenges. Also, EV fluids have longer cycle compared Internal Combustion Engine (ICE) fluid meaning less frequent refills.
Adoption of thermal EV fluids will be substantial in EVs
By application, EVs are expected to be the major users of EV fluids. With growing number of EVs every year on road, more of them will require EV fluids to run optimally. End use wise, the thermal EV is projected to be the dominant segment. EVs motor and power train can function around 15,000 rpm which can generate a lot of heat. EV fluids can help with heat dissipation in such conditions.
Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/electric-vehicles-evs-fluids-market
North America will lead the growth in this market
Developed economies United States and Canada are key growth countries for EV fluids. The region has a large and developed eco-system for EVs with California being one of the largest markets of the same. The region is expected to be a leader in EV fluid market thanks to the high demand for EVs. In the coming years, driven by the regulations and advancement in technology, the market for EV fluids is expected to grow considerably.
Key Market Players
Total S.A.
Royal Dutch Shell PLC
Castrol Limited
Valvoline Inc.
Exxon Mobil Corporation
PETRONAS
Others
Market Segments: EV Fluids Market
By Application
Electric Vehicles (EVs)
Hybrid Vehicles
By End Use
Thermal EV Fluid
Transmission EV Fluid
EV Greases
By Region (tentative)
North America
US
Canada
Europe
Germany
France
UK
Asia Pacific
China
India
Japan
The Middle East and Africa
UAE
South Africa
South America
Brazil
Key Sources
Industry Associations
Patent Websites
Company Annual Reports
Company Websites
Key industry leaders
Technology consultants
Others
Key Questions Answered
What are the key growth regions and countries?
What are the important types and technologies being used?
What are the market players doing, in terms of research and development?
Which are the new applications for this market?
What are the integrations happening?
What is the recent news, developments, mergers, or large value deals?
Where will the industry go in the long run?
Key Stakeholders
Component Providers
OEMs
Technology solution providers
Regulatory Authorities
Research and Innovation Organizations
Technocrats
Suppliers and Distributors
Other Channel Partners
Quality Control Organizations
Enquire for in-depth information before buying this report @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/1306
About Us
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Contact Us:
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX75204, U.S.A.
Phone No.: USA: +1 210-667-2421/ +91 9665341414
How eLearning is keeping up effortlessly with a continually changing compliance landscape in the manufacturing sector.
As the South African economy struggles to get back on its feet, battered by slow growth and high unemployment, and compounded by the fallout of the Covid-19 pandemic, one area in particular remains of concern to potential foreign investors: compliance in the regulatory environment.
One recent study, funded by the European Union, found that while South Africa offers many attractive assets for foreign investors, they remain concerned about the lack of clarity concerning policy and structural reforms.
The ISO’s standards are designed to ensure checks and balances in an increasingly globalised marketplace in which consistency, quality and integrity from one country or industry to another can slide.
Ali clarifies: ‘Concerns about being able to comply with anti-bribery policies linked to ISO 37001 are common, while ISO 45001 health and safety, ISO 14001 environmental management and ISO 27001 information security are what give investors a level of confidence to consider South African-based companies.’ Other statutory requirements include compliance with basic conditions of employment, the Tax Act, the Protection of Personal Information (POPI) Act and the Promotion of Access to Information Act.
What’s more, ‘Banks are now asking for business continuity plans aligned to ISO 22301, which aims to safeguard an organisation from a wide range of potential threats and disruptions.’ For companies, what lies behind all these letters, numbers and titles is a continuous and ever-growing need for training – in order for a firm to be confident in its compliance with regulatory policies, staff at all levels, from the factory floor to top management, need to know exactly what’s needed, why and when.
Overview of Asia-Pacific Aesthetic and Cosmetic Surgery Devices Market:A realistic Aesthetic and Cosmetic Surgery Devices Market research report contains most recent market information with which companies can have in depth analysis of Healthcare industry and future trends.
It becomes easy to figure out brand awareness and insight about the brand and product among potential customers.
Asia-Pacific Aesthetic And Cosmetic Surgery Devices market report acts as a significant component of business strategy.The Asia-Pacific Aesthetic and Cosmetic Surgery Devices Market is growing with a CAGR of 8.4% in the forecast period of 2021 to 2028 and is expected to reach USD 773.14 Million by 2028.Available Exclusive Sample Copy of this Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=asia-pacific-aesthetic-and-cosmetic-surgery-devices-market .The most important key factors driving the growth of the Asia-Pacific Aesthetic and Cosmetic Surgery Devices Market is rapid growth in then geriatric population and rising per capita income.
The increased technological advancement leads to increased product launch by key market players of the Aesthetic and Cosmetic Surgery Devices Market.Advancement in healthcare infrastructure in developed as well as developing country is anticipated to bolster the further Aesthetic and Cosmetic Surgery Devices Market growth.
Favourable labour cost and increased developments in the developing countries makes the emerging markets as an opportunity for the growth of the aesthetic & cosmetic surgery devices market.
Regulation policy and increasing risks associated with the procedure are acting as challenge for hampering the demand of the Aesthetic and Cosmetic Surgery Devices Market.
Hotel Management aims to help you learn to manage hotels effectively and present proper service.
The best thing about this course is that it allows students to work as a professional manager who has all the skills required to deliver impeccable services to the clients.
Students or candidates looking for admission in various courses, should check the offers for various session programs which are famous for their batch.Singhania Institute Hotel Management Courses We offer the best Hotel Management course for students at various management colleges in Udaipur.
Our courses are designed to equip its graduates with the necessary know-how to succeed in the hospitality industry.Courses such as Diploma in Juggler (Bartender), Diploma in Fire & Safety, etc are really helpful to the students and they also attract a lot of people towards it.
Through our programs, you will receive hands-on instruction from our qualified instructors who have years of experience in their fields.
If you have a talent for planning, organizing, dealing with people and administrative matters, hotel management might be an ideal vocation for you.
However, a lack of knowledge about solutions and their benefits is a major issue that could stifle the growth of the data centre physical security industry.
Furthermore, the growing number of new data centres in emerging nations is likely to open up new growth opportunities for data centre security vendors.Consumer awareness of dangers to national security and sovereignty, as well as the tremendous increase in online traffic, the quick move to cloud-based infrastructure, the rise in cyber-attacks, and the necessity to establish a comprehensive security policy, is projected to grow in the future years.Companies appear to be having a harder time planning a data centre budget since there are so many variables to consider, not only resource, volume, or power usage growth.
Some of these are offered as software as a service, removing the underlying stack's expenditures from the data center's budget.The report also emphasizes several distinctiveness of the global data center security industry by valuing the market from value chain breakdown.
Moreover, the report encompasses numerous qualitative features of the data center security industry which comprises market restraints, drivers, as well as key industry opportunities.
Furthermore, the report offers an inclusive evaluation of the company profiling along with the market rivalry of local and global vendors.Browse Full Report @ https://www.adroitmarketresearch.com/press-release/data-center-security-marketThe data center security market has tough competition among the new emerging and pre-established market vendors.
Data centres are used by the BFSI industry to store and secure sensitive and personal information, which is exposed to cyber threats and data breaches.
