Electric AC Motors Market Global Analysis, Size, Share, Growth, Trends and Forecast 2020– 2026

With increase in demand of enhanced fuel economy and rising fuel prices in vehicle are anticipated to drive vehicle electrification Industry growth globally.

Stringent government policies on harmful emissions from Carbon dioxide and rise in pollution are driving the electrification industry from past few years.

This market is likely to experience high growth due to rising requirement for electric systems in tax exemptions, vehicles and subsidies by the government with increase in diesel and petrol prices.

Major Products in Electric Vehicles Market are Electric power steering, electric water pump, thermoelectric generator, electric oil pump, electric vacuum pump, electric mobile phone charger and liquid heater PTC.Browse Details of Report @ https://www.hexaresearch.com/research-report/electric-vehicles-ev-industry/Key players for Electric Vehicles market are JTEKT Corporation, Visteon Corporation, NSK ltd, Denso Corporation, Friedrichshafen AG, BorgWarner Inc and Nexteer Automotive Group LtdLargest Electric Power steering is expected to contribute for the major market share due to potential of ensuring the safe and secure driving in vehicles from hydraulic power steering.

This segment is further estimated to provide low energy consumption, better handling and reduced weight in vehicles which ultimately gives a strong place to market of Electric Power Systems.

North America is likely to witness major market share due to its growth in vehicle market, rigorous norms for emissions, and government subsidize provided for electric vehicles.

The global Battery Market is anticipated to grow at a CAGR of 11.3% from 2020 to 2026 according to a new research published by Polaris Market Research.

In 2019, the consumer electronics segment accounted for the highest market share in terms of revenue.

The growing use of batteries in varied industries such as aerospace and defense, healthcare, and electronics has accelerated the battery market growth.

Increasing disposable incomes in developing countries, rising living standards, and growing environmental concerns foster the Battery market growth.

The demand for battery electric vehicles has increased significantly over the years owing to increasing prices of gasoline across the globe, resulting in increased adoption of batteries.

Leading global players are expanding their presence in developing nations of China, japan, India, Indonesia, and Malaysia to tap the battery market growth opportunities offered by these countries.

Market SynopsisThe Global Automotive Exhaust Emission Control Device Market is poised to secure a significant market valuation at a moderate 6.3% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR).Drivers and RestraintsThe major key driving factors for the growth of this market are the rising stringent emission standards and growing concern over the environment safety from both public and private sectors.

On the other hand, the rising demand for electric vehicles and the ban announced by various developed and developing regions on internal combustion engines (ICE) are impeding the market growth.

The need for commercial vehicles is comprehensively driven by growing industrialization and growing service sectors, which contribute to the growth of this market.Rising demand for diverse factors such as high-capacity catalytic converter and continuous improvement in technology is accountable for the expansion of the automotive exhaust emission control device market.

The increasing penetration of emission control devices such as a three-way catalytic converter (TWC) and selective catalytic reduction (SCR) in the commercial and passenger vehicles market is expected to drive the exhaust emission control device market over the review period.Competitive Landscape                                      The top market players identified by MRFR in the global exhaust emission control device market are Denso Corporation (Japan), Albonair GmbH (Germany), Continental Emitech Gmbh (Germany), Johnson Matthey (UK), Bosal (Belgium), CDTi Advanced (California), Bosch Rexroth (Germany), Eberspächer (Germany), Tenneco Inc. (USA), and Faurecia (France).Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/7191 Market Segmentation The global automotive exhaust emission control device market is analyzed on the basis of device type, materials, engine type, vehicle type, and sales channel.Based on the device type, the market has been segmented into Gasoline Particulate Filter (GPF), Lean NOx Trap (LNT), Selective Catalytic Reduction (SCR), Diesel Particulate Filter (DPF), Diesel Oxidation Catalyst (DOC), and Three-Way Catalytic Converter (TWC).On the basis of materials, the automotive exhaust emission control device market has been segmented into Palladium, Rhodium, and Platinum.On the basis of engine type, the automotive exhaust emission control device market has been segmented into diesel, gasoline, and hybrid.On the basis of vehicle type, the automotive exhaust emission control device market has been bifurcated into passenger cars and commercial vehicles.On the basis of the sales channel, the market has been bifurcated into OEM and aftermarket.

Regional OverviewThe geographical overview of the global market has been conducted in four major regions, namely the Asia Pacific, North America, Europe, and the rest of the world (including Latin America and the Middle East and Africa).Asia-Pacific is anticipated to lead the market over the forecast period.

This is due to the augmented urbanization and growing purchase of consumers, increasing disposable income, and the existence of robust automotive manufacturing facilities in China, South Korea, Japan, and India has further fuelled the market for automotive exhaust emission control devices in this region.In Europe, strict emission standards for diesel and petrol vehicles such as Euro 1 to Euro 6  drive the growth for the automotive exhaust emission control device market.

The global market for drive system is growing significantly during recent times, partly due to the growing vehicle production across the globe.

Market Research Future (MRFR) has published and released a research report about the global Drive System Market that predicts growth for this market between 2016 and 2023.The global top drive system market is growing due to various factors.

Other factors include better vehicle performance due to transmission system & rapidly rising demand for high fuel efficiency, stringent regulatory norms in many countries regarding the environment, and increased investment in the automotive industry across the globe.

The vehicle type segmentation segments the market into passenger vehicle and commercial vehicle.The regional segmentation of the global drive system market segments the market into continent-based regional markets known as North America, Europe, Asia Pacific, and the Middle East & Africa (MEA).

According to the report, the market for drive system systems is expected to grow with an increase in the demand of automobiles during the forecast period.

North America is expected to be the largest regional market during the forecast period due to factors like increasing demand for automatic manual transmission (AMT) across this region, the presence of sophisticated manufacturing hubs and market, and rapid technological advancement.

New York, NY 10 May 2021: The global transparent plastic market size is estimated to reach USD 177.43 billion by 2026 growing at a CAGR of 6.8% during the forecast period, according to a new study published by Polaris Market Research.

The report ‘Transparent Plastic Market Share, Size, Trends, & Industry Analysis Report, By Type (Rigid Transparent Plastic, Flexible Transparent Plastic), By Polymer Type (Polycarbonate, Polyvinyl Chloride, Polystyrene, Polypropylene, Polyethylene Terephthalate), By End-User, By Region]: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

The demand for transparent plastic has improved significantly over the past few years owing to features such as improved shelf-life of packaged food products, and ease of customization.

Other factors driving the transparent plastic industry include growing adoption of electric vehicles, development of bio-based transparent plastics, and rising demand from food & beverages industry for packaging solutions.However, increasing concerns regarding environmental pollution, and increasing demand for eco-friendly packaging material are expected to restrict the market growth.

Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/transparent-plastic-market/request-for-sample PVC is an amorphous thermoplastic with properties such as high transparency, excellent mechanical properties and impact strength, and great resistance to chemicals and fire.

It is used in the construction sector for day lighting, greenhouse, and safety glazing applications.