Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Global Electric Vehicles (EV) Market Analysis, Size, Share, Growth, Industry Trends and Forecast to 2020 - Hexa Research 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. For Market Research Report on “Electric vehicles Market” Visit http://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 Ltd Contact: +1-800-489-3075 Email : [email protected] Website: http://www.hexaresearch.com/ Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Largest 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. Classification of Electric Vehicle Industry can be done on degree of hybridization into Internal Combustion Engine & micro hybrid vehicle, Battery electric vehicle, Fuel cell electric vehicle, plug in hybrid electric vehicle and hybrid Electric vehicle. Asia Pacific is expected to hold the significant growth with rising expansion of automotive industry in the area. Increasing number of vehicles manufactured companies owing to its cheap cost production facilities may propel industry growth in upcoming years. Hybrid Electric vehicle is likely to experience significant growth owing to its capability in combining two dissimilar power sources like petrol/diesel and electric power. Inquiry About the “Electric Vehicles (EV) Market"@ https://www.hexaresearch.com/inquiry-before-buying/199 About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Contact: +1-800-489-3075 Email : [email protected] Website: http://www.hexaresearch.com/ Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Phone: +1-800-489-3075 Email: [email protected] Website - http://www.hexaresearch.com/ Follow us on Linkedin: https://www.linkedin.com/company/hexa-research Contact: +1-800-489-3075 Email : [email protected] Website: http://www.hexaresearch.com/
The electric vehicles (EV) market has seen significant development owing to required for resolving future energy resources. This market is rising and becoming integral part of the automotive industry. It represents a way to achieve energy efficiency coupled with decreasing release of pollutants and few other greenhouse gases.
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