Transport Industry Overview

Ship Repairing Market Definition

The ship repairing market consists of sales of repair and maintenance services by entities (organizations, sole traders and partnerships) that are engaged in operating shipyards. Ship repairing refers to the process of fixing, maintaining or restoring the structural, mechanical and electrical vessel parts of a ship to ensure it is operational and fit for its intended use. This can involve a wide range of activities such as hull repairs, engine and propulsion system overhauls, electrical system upgrades, and more. The objective of ship repairing is to extend the lifespan of a ship and keep it in good condition so that it can safely and effectively carry out its intended functions.

Electric power steering refers to a mechanical system that uses an electric motor to draw energy from the vehicle's electric system to assist the steering wheel. It is used to provide steering assistance to the driver of a vehicle. The main types of electric power steering market are R-EPS, P-EPS and C-EPS. R-EPS is an assisted unit that connects to the steering rack and these units are capable of steering mid-sized vehicles to full-size trucks and are designed to withstand high environmental exposure and temperature. The various components involve the steering column, sensors, steering gear, mechanical rack and pinion, electronic control unit, electric motor and bearing, which involve electric motor of various type such as brush motor and a brushless motor. The mechanisms are rigid and collapsible that are used in various applications such as passenger cars and commercial vehicles. The electric power steering market research report is one of a series of new reports from The Business Research Company that provides electric power steering market statistics, including the electric power steering industry global market size, regional shares, competitors with electric power steering market share, detailed electric power steering market segments, market trends and opportunities, and any further data you may need to thrive in the electric power steering industry. This electric power steering market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global electric power steering market is expected to grow from $25.70 billion in 2022 to $27.67 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electric power steering market is expected to reach $35.59 billion in 2027 at a CAGR of 6.5%. The increasing demand for electric vehicles across the world is expected to propel the growth of the electric power steering market going forward. Electric vehicles are vehicles that consist of a motor that is powered by electricity stored in batteries. Additionally, with defense against COVID-19 and aspirations to achieve net-zero emissions, EV and hybrid vehicles are suddenly adopted. With electric power steering being the primary component in electric vehicles, an increase in electric vehicles necessitates more electric power steering, which raises demand for the electric power steering market. For instance, according to Global EV Outlook 2022 report, electric vehicle (EV) sales had doubled from the previous year in 2021, reaching a new high of 6.6 million. Additionally, the sales of electric car vehicles worldwide in 2021 have reached 6600000 units from 2980000 units. Therefore, the increasing demand for electric vehicles is driving the growth of the electric power steering market. Product innovations are a key trend gaining popularity in the electric power steering market. Major companies operating in the electric power steering market are focused on developing new technological solutions to strengthen their position. For instance, in October 2021, Nexteer Automotive, a US-based motion control technology company, launched a new modular column-assist EPS system. The unique feature of the new system is high-performance torque and angle sensors that make the steering feel more accurate to the drivers. It is an innovative system that offers a cost-efficient, modular design to achieve scalability and flexibility. The system is expected to support various load capacities and will offer re-configurable and customizable steering. In October 2020, BorgWarner Inc., a US-based automotive company acquired Delphi Technologies for an undisclosed amount. With this acquisition, BorgWarner strengthen its electronics and power electronics products, capabilities, and scale, creating a leader in electrified propulsion systems. Delphi Technologies is a UK-based company operating in the electric power steering market. Major players in the electric power steering market are Robert Bosch GmbH, JTEKT Corporation, Nexteer Automotive Group Limited, ZF Friedrichshafen AG, NSK Steering Systems Pvt. Ltd., Mando Corporation, GKN Ltd., Federal-Mogul Corporation, Hyundai Mobis Co. Ltd., Showa Corporation, Hitachi Astemo Ltd., Mitsubishi Motors Corporation, Denso Corporation, Renesas Electronics, China Automotive System, and KYB Corporation. Asia-Pacific was the largest region in the electric power steering market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in the electric power steering report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electric power steering market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The electric power steering market consists of sales of hydroelectric steering, electric steering, and steer-by-wire steering. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global electric power steering market is segmented - 1) By Type: R-EPS, P-EPS, C-EPS 2) By Component: Steering Column, Sensors, Steering Gear, Mechanical Rack and Pinion, Electronic Control Unit, Electric Motor, Bearing 3) By Electric Motor: Brush Motor, Brushless Motor 3) By Mechanism: Rigid, Collapsible 4) By Application: Passenger Cars (PC), Commercial Vehicles (CV)

Automotive electronics is an area of electronic engineering that focuses solely on the creation of electrical and electronic systems specifically tailored for installation in automobiles. These are used in automobiles to enhance the driving act, fuel efficiency, and comfort of both drivers and passengers. The main types of automotive electronics are advanced driver assistance systems, body electronics, entertainment, powertrain, safety systems and others. Powertrain refers to an assembly of every component that thrusts the car into motion. The components are electronic control unit, sensors, current carrying devices and others. The various vehicle types involved light commercial vehicles, passenger vehicles, heavy commercial vehicles and others and are sold through OEM and aftermarket distribution channels. The automotive electronics market research report is one of a series of new reports from The Business Research Company that provides automotive electronics market statistics, including automotive electronics industry global market size, regional shares, competitors with an automotive electronics market share, detailed automotive electronics market segments, market trends and opportunities, and any further data you may need to thrive in the automotive electronics industry. This automotive electronics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global automotive electronics market is expected to grow from $254.59 billion in 2022 to $279.13 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive electronics market is expected to grow to $382.78 billion in 2027 at a CAGR of 8.2%. The increasing penetration of electric vehicles is expected to propel the growth of the automotive electronics market going forward. Electric vehicles are vehicles that consist of a motor that is powered by electricity stored in batteries. Additionally, with defense against COVID-19 and aspirations to achieve net-zero emissions, EV and hybrid vehicles are suddenly adopted. Automotive electronics are used in the electric vehicle for the implementation of the electric powertrain system that provides high power to the vehicles. For instance, according to Global EV Outlook 2022 report, electric vehicle (EV) sales had doubled from the previous year in 2021, reaching a new high of 6.6 million. Additionally, the sales of electric car vehicles worldwide in 2021 have reached 6600000 units from 2980000 units. Therefore, the increasing penetration of electric vehicles is driving the growth of the automotive electronics market. Technological advancements in in-vehicle safety are a key trend gaining popularity in the automotive electronics market. Major companies operating in the automotive electronics market are focused on developing new technological solutions to strengthen their position in the market. For instance, in December 2021, Renesas Electronics, a Japan-based semiconductor manufacturer, launched two new microcontrollers (MCUs) for automotive actuator and sensor control applications that facilitate edge growth in next-generation electronic and electrical (E/E) architecture. Renesas expands its RL78 Family of low-power 16-bit MCUs and strengthens its broader automotive portfolio with the new RL78/F24 and RL78/F23, offering clients highly dependable, high-performance solutions for systems ranging from actuators to zone control. In August 2022, MKS Instruments, a US-based Industrial process instruments manufacturer company acquired Atotech for an amount of $4.4 billion in cash and MKS common stock. This acquisition of Atotech positions MKS to accelerate roadmaps for future generations of advanced electronic devices. Atotech is a Germany-based company operating in automotive electronics. Major players in the automotive electronics market are Continental AG, DENSO Corporation, Hella KGaA Hueck & Co, Infineon Technologies AG, Robert Bosch GmbH, Texas Instruments Incorporated, ZF Friedrichshafen AG, Hitachi Automotive Systems, OMRON Corporation, HGM Automotive Electronics, Delta Electronics Inc., Koninklijke Philips NV, Aptiv PLC, Renesas Electronics Corporation, and NXP Semiconductors NV. Asia-Pacific was the largest region in the automotive electronics market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive electronics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive electronics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive electronics market consists of sales of adaptive cruise control, navigation system, adaptive light control, actuators, processors, microcontrollers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive electronics market is segmented - 1) By Type: Advanced Driver Assistance Systems, Body Electronics, Entertainment, Powertrain, Safety Systems, Other Types 2) By Component: Electronic Control Unit, Sensors, Current Carrying Devices, Other Components 3) By Vehicle Type: Light Commercial Vehicles, Passenger Vehicles, Heavy Commercial Vehicles, Other Vehicle Types 4) By Sales Channel: OEM, Aftermarket

An automotive thermal system refers to a system that involves regulating temperature in an automobile with the help of technology. These are used to manage the temperature of vehicle components by reducing temperature component fluctuations and engine block monitoring temperatures. The main types of automotive thermal systems are compressor, HVAC, powertrain cooling, and fluid transport. The compressor is the engine that drives the air conditioner, applying intense pressure to the refrigerant before pumping it into the condenser, where it transforms from a gas to a liquid. The various vehicle types are passenger cars, light commercial vehicles, heavy commercial vehicles, and others, that are involved for front and rear A/C, engine and transmission, seat, battery, motor, waste heat recovery, and power electronics. The automotive thermal systems market research report is one of a series of new reports from The Business Research Company that provides automotive thermal systems market statistics, including automotive thermal systems industry global market size, regional shares, competitors with an automotive thermal systems market share, detailed automotive thermal systems market segments, market trends and opportunities, and any further data you may need to thrive in the automotive thermal systems industry. This automotive thermal systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global automotive thermal systems market is expected to grow from $38.53 billion in 2022 to $40.87 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive thermal systems market is expected to grow to $49.88 billion in 2027 at a CAGR of 5.1%. The increasing stringent emission regulations imposed by governing agencies are expected to propel the growth of the automotive thermal systems market going forward. Controlling GHG emissions from vehicles has become a significant challenge as the number of vehicles on the road worldwide has increased. Regulatory organizations like the European Commission (EC) and the United States Environmental Protection Agency (US EPA) have imposed fuel economy standards and regulated fuel sulfur content limits to overcome the exponential effect of emissions. For instance, in December 2021, according to Environmental Protection Agency (EPA), a US-based independent executive agency tasked with environmental protection, finalized federal greenhouse gas (GHG) emissions standards for light trucks and passenger vehicles (MY) from 2023 to 2026. The final standards take advantage of advances in clean car technology to generate $190 billion in net benefits for Americans, including lowering climate pollution, enhancing public health, and lowering gas prices. The revised standards will prevent more than 3 billion tonnes of GHG emissions by 2050. Therefore, the stringent emission regulations imposed by governing agencies are driving the growth of the automotive thermal systems market. Development in automotive thermal systems is a key trend gaining popularity in the automotive thermal systems market. Research and developments are being made to develop innovative thermal systems for the automotive industry. Major companies operating in the automotive thermal systems market are focused on developing new technological solutions to strengthen their position. For instance, in December 2020, InnoTherMS, a Franco-German research project, developed an innovative thermal management system for electric vehicles that aims to label the current challenges of limiting the vehicles’ energy consumption with a centralized, virtual, predictive, and intelligent thermal management tool based on simulation software for the cooling cycle integrating the thermal storage system. In February 2022, BorgWarner Inc., a US-based manufacturer and distributor of automotive industry components and parts acquired Akasol AG for an undisclosed amount. This acquisition is expected to help BorgWarner significantly improve the company's industrial electrification and commercial vehicle capabilities. Akasol AG is a German-based company operating in automotive thermal systems. Major players in the automotive thermal system market are Continental AG, Denso Corporation, Dana Incorporated, Grayson Thermal Systems, Gentherm Incorporated, Hanon Systems, Lennox International Inc., Modine Manufacturing Company Inc., Mahle Behr GmbH & Co. KG, Robert Bosch GmbH, Valeo SA, Visteon Corporation, Calsonic Kansei Corp, Schaeffler Technologies AG & Co. KG, Johnson Electric Holdings Ltd., Diakin Industries Ltd., Sanden Corporation, United Technologies Corporation, and Calsonic Kansei Corp. Asia-Pacific was the largest region in the automotive thermal systems market in 2022. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive thermal system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive thermal system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive thermal system market consists of revenues earned by entities by providing vehicles temperature monitoring performance, environmental simulation management. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive thermal system market also includes sales of heat pump systems and flexheaters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive thermal system market is segmented - 1) By Component: Compressor, HVAC, Powertrain Cooling, Fluid Transport 2) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Other Vehicle Types 3) By Application: Front and Rear A/c, Engine and Transmission, Seat, Battery, Motor, Waste Heat Recovery, Power Electronics

Micro-mobility charging infrastructure refers to a micro-mobility charging infrastructure used to charge category of transportation vehicles, that offer an alternative to traditional modes of transportation. The primary purpose of the charging infrastructure is to provide electrical energy to the micro-mobility vehicle battery for recharging purposes while also utilizing intelligent communication and protection technologies to assure the safe flow of electricity. The main types of micro-mobility charging infrastructure are wired and wireless. The wired infrastructure refers to wired mobility charging infrastructure cable made for manually connecting a conductor between a charging station and a vehicle. Wired micro mobility charging infrastructure allows micro mobility automobiles to recharge from an energy supply. The vehicle types included are e-scooters, e-bikes, e-unicycles, e-skateboards, that are generally sourced through solar powered and battery powered medium. These are used for residential and commercial purposes. The micro-mobility charging infrastructure market research report is one of a series of new reports from The Business Research Company that provides micro-mobility charging infrastructure market statistics, including micro-mobility charging infrastructure industry global market size, regional shares, competitors with a micro-mobility charging infrastructure market share, detailed micro-mobility charging infrastructure market segments, market trends and opportunities, and any further data you may need to thrive in the micro-mobility charging infrastructure industry. This micro-mobility charging infrastructure market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global micro mobility charging infrastructure market size is expected to grow from $4.53 billion in 2022 to $5.67 billion in 2023 at a compound annual growth rate (CAGR) of 25.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The micro mobility charging infrastructure market size is expected to reach $13.18 billion in 2027 at a CAGR of 23.4%. The rising adoption of e-scooters and e-bikes is expected to propel the micro-mobility charging infrastructure market going forward. An electric bike or e-scooter is a conventional bike with an electric motor to assist the action of the pedals, making cycling less stressful or replacing pedalling. The social distancing being the best line of defense against COVID-19, there has recently been a sudden increased demand for personal e-mobility. Furthermore, Climate change and the need to attain net-zero emissions are pushing the global shift to emission-free transportation. These adoptions result in greater production of e-vehicle, thus increasing the demand for micro-mobility charging infrastructure. For instance, in October 2021, Niu Technologies, a China-based electric scooter company, in there third quarter of 2021, e-scooter sales volume was 397, 079 representing a 58.3% year-over-year growth from 250, 889 third quarter of 2020. Furthermore, the YTD (Year-to-date) sales volume in 2021 was 799726, which is 43.58% higher than 2020 sales. Therefore, the rising adoption of e-scooters and e-bikes will drive the micro-mobility charging infrastructure market. Technological advancement is the key trend gaining popularity in micro mobility charging infrastructure market. Major companies operating in micro mobility charging infrastructure are focusing on developing new innovative products using technological advancements to improve their offerings and enhance user experience. For instance, in August 2022, Dat Bike, a Vietnam-based provider of electric vehicles launched Dat Charge an ultra-fast charging station for its electric-bikes. Dat Charge cuts EV charging time by charging 100km in 20 minutes as opposed to 60 minutes or more for normal EV charging stations. In February 2022, Acton, a US-based end-to-end micro-mobility-as-a-Service (MaaS) and Infrastructure as a Service solution provider, acquired DUCKT for an undisclosed amount. With this acquisition, Acton would provide a fully integrated turnkey product that would enable cities, businesses, and operators worldwide to deploy micro-mobility solutions on a large scale. Duckt is a Europe-based provider of docking and charging infrastructure solutions for electric micro-mobility vehicles. Major players in the micro-mobility charging infrastructure market are Ather Energy, Bike-energy, Bikeep, Flower Turbines, Giulio Barbieri SRL, Ground Control Systems, Magment GmbH, Perch Mobility, Robert Bosch GmbH, Solum PV, Swiftmile Inc., The Mobility House GmbH, GetCharged Inc., re: Charge-e, and Greenspot EV Charging. Asia-Pacific was the largest region in the micro-mobility charging infrastructure market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the micro-mobility charging infrastructure report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the micro-mobility charging infrastructure market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The micro-mobility charging infrastructure market consists of revenues earned by entities by providing services such as charging solution, vehicle maintenance, intelligent transport systems (ITS). The market value includes the value of related goods sold by the service provider or included within the service offering. The micro-mobility charging infrastructure market also includes sales of power source, three-phase electric power, charging points, equipment which are used in providing micro-mobility charging infrastructure services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global micro-mobility charging infrastructure market is segmented - 1) By Type: Wired, Wireless 2) By Vehicle Type: E-Scooters, E-Bikes, E-Unicycles, E-Skateboards 3) By Source: Solar Powered, Battery Powered 4) By End-Users: Residential, Commercial

The electric powertrain is the collection of components that produce the necessary power to propel the vehicle and distribute it to the wheels. The primary purpose of electric powertrain is to convert direct current electricity to alternative current while driving. The main electric powertrain vehicle are hybrid and plug-in hybrid vehicle (HEV/PHEV), battery electric vehicle (BEV), and 48v mild hybrid vehicle (MHEV). PHEVs are plug-in hybrid electric vehicles that use cells to run the motor and another fuel, such as gasoline, to power an internal combustion engine (ICE). The hybrid and plug-in hybrid vehicle are used for transportation and commuting. The HEV/PHEV components are motor/generator, HV battery, 12v battery, battery management system, controller, DC/AC inverter, DC/DC converter, power distribution module, idle start-stop, and on-board charger, that have motor, and battery. It is used in passenger cars and commercial vehicles. The electric powertrain market research report is one of a series of new reports from The Business Research Company that provides electric powertrain market statistics, including electric powertrain industry global market size, regional shares, competitors with a electric powertrain market share, detailed electric powertrain market segments, market trends and opportunities, and any further data you may need to thrive in the electric powertrain industry. This electric powertrain market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global electric powertrain market size is expected to grow from $77.16 billion in 2022 to $104.24 billion in 2023 at a compound annual growth rate (CAGR) of 35.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electric powertrain market size is expected to reach $321.6 billion in 2027 at a CAGR of 32.5%. The increasing demand for electric vehicles is expected to propel the electric powertrain market going forward. Electric vehicles are vehicles that consist of a motor that is powered by electricity stored in batteries. Additionally, with defense against COVID-19 and aspirations to achieve net-zero emissions, EV and hybrid vehicles are suddenly adopted. These adoptions had surged the electric vehicle demand and has led to increased production and demand for the electric powertrain that help to power EV by removing combustion engine. For instance, according to Global EV Outlook 2022 report, electric vehicle (EV) sales had doubled from the previous year in 2021, reaching a new high of 6.6 million. Additionally, the sales of electric car vehicles worldwide in 2021 have reached 6600000 units from 2980000 units. Therefore, an increase in demand for electric vehicles will drive the demand for electric powertrains. Innovations in battery technologies are a key trend gaining popularity in the electric powertrain market. Major players operating in the market are focused on developing innovative battery technologies to strengthen their market position. For instance, in May 2020, General Motors Co., a US-based automotive manufacturing company, launched new ultium batteries. It comprises pouch-style cells that can be stacked vertically or horizontally inside the battery pack. The ultium energy options vary from 50 to 200 kWh, which might allow for a GM-estimated range of up to 400 miles or more on a full charge, with 0 to 60 mph acceleration as fast as 3 seconds. In May 2021, Cosworth, a UK-based specializing in high-performance internal combustion engines and powertrains, acquired Delta for an undisclosed amount. With this acquisition and Delta's expertise, Cosworth can fulfill its clients' evolving needs as they move to hybrid, EV, and fuel cell configurations. Delta is a UK-based company specializing in the manufacturing of electric powertrains. Major players in the electric powertrain market are Bosch Limited, Mitsubishi Electric, Magna Internationls, Hitachi Astemo Americas Inc., Schaeffler AG, Valeo, Nidec Corporation, Marelli Holdings Co Ltd., Panasonic, Brusa Electronik, Cummins Inc., ZeroAvia, Damon Motors, and eLeapPower. Europe was the largest region in the electric powertrain market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electric powertrain report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electric powertrain market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The electric powertrain market consists of sales of engine, transmission, driveshaft, differentials, axles, emissions control, exhaust, and engine cooling systems that are included in electric powertrain. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global electric powertrain market is segmented - 1) By Vehicle: Hybrid And Plug-In Hybrid Vehicle (HEV/PHEV), Battery Electric Vehicle (BEV), 48V Mild Hybrid Vehicle (MHEV) 2) By HEV/PHEV Powertrain Component: Motor/Generator, HV Battery, 12V Battery, Battery Management System, Controller, DC/AC Inverter, DC/DC Converter, Power Distribution Module, Idle Start-Stop, On-board Charger 3) By Component: Motor, Battery, Power Electronics Component 4) By Vehicle Types: Passenger Cars, Commercial Vehicles

The hydrogen fuel cell vehicle are vehicle that uses a hydrogen fuel cell to power its on-board electric motor. Hydrogen fuel cell vehicles convert chemical energy into mechanical energy for driving, and they utilise renewable energy sources that don't release greenhouse gases or precursors to ozone depletion. Vehicles powered by hydrogen fuel cells have no engine noise and a strong pickup and start. The main types of hydrogen fuel cell vehicles are commercial vehicle and passenger cars. The commercial vehicle are used to power commercial vehicles and trucks without releasing harmful emissions. A commercial vehicle is any motor vehicle used to transport goods or passengers. The various technologies are proton exchange membrane fuel cell, alkaline fuel cell, solid oxide fuel cell, and others, and are used for private and commercial purposes. The hydrogen fuel cell vehicle market research report is one of a series of new reports from The Business Research Company that provides hydrogen fuel cell vehicle market statistics, including hydrogen fuel cell vehicle industry global market size, regional shares, competitors with a hydrogen fuel cell vehicle market share, detailed hydrogen fuel cell vehicle market segments, market trends and opportunities, and any further data you may need to thrive in the hydrogen fuel cell vehicle industry. This hydrogen fuel cell vehicle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global hydrogen fuel cell vehicle market size is expected to grow from $6.64 billion in 2022 to $8.13 billion in 2023 at a compound annual growth rate (CAGR) of 22.30%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hydrogen fuel cell vehicle market size is expected to reach $17.05 billion in 2027 at a CAGR of 20.3%. The increasing adoption of electric vehicles is driving the growth of the hydrogen fuel cell vehicle market. Electric vehicles works on an electric motor instead of an internal combustion engine. The increasing fuel prices and pollution has led to increased demand for electric vehicles. The electric vehicle uses a hydrogen fuel cell to power its on-board electric motor. EVs powered by hydrogen fuel cells transform chemical energy into mechanical energy for propulsion and employ sustainable energy sources that don't emit greenhouse gases or ozone-depleting precursors. For instance, according to the Global EV Outlook 2021, consumers spent USD 120 billion on electric vehicle purchases in 2020, a 50% increase over 2019. As a result, the market for hydrogen fuel cell cars is anticipated to rise in response to the rising demand for electric vehicles. Strategic partnership is a key trend gaining popularity in the hydrogen fuel cell vehicle market. Major companies operating in the hydrogen fuel cell vehicle are entering into a partnership to leverage each other's resources and expand into a new market. For instance, in March 2022, Hyundai Motor Company, a South-Korea based automotive manufacturer specialising in hydrogen fuel cell vehicles, partnered with Iveco Group. The partnership aims at leveraging the potential of both companies in terms of electric drivetrains, platforms, fuel cell technology, automated driving, and communication for commercial vehicles. Iveco Group is a Netherland-based vehicle manufacturer that specialises in powertrain technology. Also, in March 2021, Hyundai Motor Company partnered with Forze Hydrogen Racing. Through this partnership, Hyundai will work with Forze to push the limits of fuel cell mobility even further, and the student team will have access to professionals from the Hyundai Motor Europe Technical Center for consultation. Forze is a student team that creates, constructs, and races hydrogen-electric racing cars to support fuel cell transportation. In December 2020, Lhyfe, a France-based producer of 100% green hydrogen for mobility and industry, acquired NEXO from Hyundai. Through this acquisition, Lhyfe will establish a complete, immediately-operational value chain for clean hydrogen, spanning production to use. NEXO from Hyundai is a hydrogen fuel cell electric vehicle. Hyundai is a South Korea-based automotive manufacturer. Major players in the hydrogen fuel cell vehicle market are Honda Motor Company, Ltd., Toyota Motor Corporation, Hyundai Motor Company, Daimler AG, Audi AG, BMW AG, Volvo Group, Ballard Power Systems Inc., General Motors Company, Tata Motors Limited, Ashok Leyland Ltd., Kia Motor Corporation, Groupe Renault, Man SE, and Mazda Motor Corporation. North America was the largest region in the hydrogen fuel cell vehicle market in 2022. The regions covered in the hydrogen fuel cell vehicle report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hydrogen fuel cell vehicle market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The hydrogen fuel cell vehicle market consists of sales of battery, battery pack, fuel cell stack, fuel filler, power electronics controller (FCEV). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global hydrogen fuel cell vehicle market is segmented - 1) By Vehicle Type: Commercial Vehicle, Passenger Cars 2) By Technology: Proton Exchange Membrane Fuel Cell, Alkaline Fuel cell, Solid Oxide Fuel Cell, Other Technologies 3) By End User: Private, Commercial

A fuel transfer pump simply moves fuel between tanks or from a container to a nozzle so it can be poured into a vehicle. They are widespread in industries like mining, agriculture, and construction where tools and vehicles are frequently used. The main types of fuel transfer pumps are AC fuel transfer pumps, DC fuel transfer pumps, and hand fuel transfer pumps. AC Transfer pumps are built to handle a wide range of fuel and oil products, including diesel, biodiesel, oil, and diesel exhaust fuel (DEF). The types of motors include 12v DC, 24v DC, 115v AC, and 230v AC mounted in a fixed and portable way and used for various applications including construction, mining, agriculture, chemical, military, transportation, food and beverage, and others. The fuel transfer pumps market research report is one of a series of new reports from The Business Research Company that provides fuel transfer pumps market statistics, including fuel transfer pumps industry global market size, regional shares, competitors with a fuel transfer pumps market share, detailed fuel transfer pumps market segments, market trends and opportunities, and any further data you may need to thrive in the fuel transfer pumps industry. This fuel transfer pumps market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global fuel transfer pumps market size is expected to grow from $1.70 billion in 2022 to $1.81 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fuel transfer pumps market size is expected to grow to $2.23 billion in 2027 at a CAGR of 5.4%. Expansion of the automotive industry is expected to propel the growth of the fuel transfer pumps market going forward. Fuel transfer pumps refer to the pumps that are employed in vehicles with sophisticated injection systems because they are relatively safe and effective and provide fuel to the engine with little power loss. The decrease of carbon dioxide emissions from engines is also aided by electric vacuum fuel transfer pumps. For instance, in May 2022, according to an article published by CEIC Data, a US-based provider of macro and micro economic data insights, 9.2 million units of motor vehicles were produced in the US in 2021, a rise from the previously reported figure of 8.8 million units for December 2020. Therefore, the expansion of the automotive industry is driving the growth of the fuel transfer pumps market. Technological advancements are the key trend gaining popularity in fuel transfer pumps going forward. Major companies operating in the market are developing fuel transfer pumps with innovative features such as permanent magnet motors, self-cleaning filters, two-side dispensing of high-speed, and others to sustain their position in the market. For instance, in September 2022, SVANEHØJ Danmark A/S, a Denmark-based pump designer and producer for offshore installations, developed a new fuel pump for ships powered using LNG. The brand-new CS pump is a submerged pump that is mounted at the tank's base. Svaneti introduced two significant innovations to the market with the CS fuel pump (short for cryogenic submerged), including a self-cleaning LNG filter that prevents clogging, which would otherwise result in increased wear and operational disruptions, and a new permanent magnet motor that guarantees higher efficiency and lowers energy consumption than other motors. In June 2022, Gorman-Rupp Company, a US-based designer, producer, and distributor of pumps and pump systems and acquired Fill-Rite for $525 million. The acquisition strengthened Gorman Rupp's position in the construction, agriculture, and leisure industries, accelerating growth as these end markets continue to benefit from secular trends. It also broadened its mission-critical pumps and pumping systems. Fill-Rite Company is a US-based manufacturer of accessories, pumps, and meters. Major players in the fuel transfer pumps market are Piusi S.p.A, Graco Inc., Creative Engineers, Groz Engineering Tools (P) Ltd., Tuthill Corporation, GoatThroat Pumps, SPATCO, Pricol Limited, Liquidynamics, Robert Bosch GmbH, DENSO CORPORATION, ContiTech AG, Johnson Electric Holdings Limited, SHW Storage & Handling Solutions GmbH, and Magna International Inc. Asia-Pacific was the largest region in the fuel transfer pumps market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the fuel transfer pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The fuel transfer pumps market consists of sales of rotary and semi-rotary hand fuel transfer pumps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global fuel transfer pumps market is segmented - 1) By Type: AC Fuel Transfer Pump, DC Fuel Transfer Pump, Hand Fuel Transfer Pump 2) By Motor Type: 12V DC, 24V DC, 115V AC, 230V AC 3) By Mounting: Fixed, Portable 4) By Application: Construction, Mining, Agriculture, Chemical, Military, Transportation, Food And Beverage, Other Applications