Market Research Report
Global Electric Vehicle Transmission Market 2016-2020
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||410528|
|Published||Content info||53 Pages
|Global Electric Vehicle Transmission Market 2016-2020|
|Published: December 26, 2016||Content info: 53 Pages||
The popularity of electric vehicles (EVs) as a greener option to curb environmental pollution has shot up in recent times. There has been a shift in public perception from disapproving electric vehicles as costly and inferior in terms of quality such as power, efficiency, and comfort to a more viable option for transportation. Electric cars are powered by electric motors, unlike the internal combustion (IC) engines that run on gasoline or diesel. The electric vehicle gets the energy stored in its batteries, which are rechargeable. Earlier during its launch, electrical vehicles were not widely adopted because of the low driving range and the need to recharge again. The charging stations were slow charging points, which used to take multiple hours to charge the battery.
Technavio's analysts forecast the global EV transmission market to grow at a CAGR of 46.73% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global EV transmission market for 2016-2020. To calculate the market size, the report considers the sales volume of the electric vehicles in different regions.
The market is divided into the following segments based on geography:
Technavio's report, Global EV Transmission Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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