Global Electric Vehicle Charging Stations Market

The electric bikes and scooters market consists of sales of electric bikes and scooters and related services. The main types in the electric bikes and scooters market are electric bikes, electric scooters. An electric bike is a bicycle equipped with an electric motor that is activated to assist with or replace pedaling. The battery types involved are lead-acid, lithium-ion (li-ion), nickel-metal hydride (NiMH), and others. The voltage capacity involved is 48-59V, 60-72V, 73-96V, above 96V. The drive mechanism types involved are hub motor, mid-drive, and other mechanisms. The global electric bikes and scooters market size is expected to grow from $20.71 billion in 2021 to $23.38 billion in 2022 at a compound annual growth rate (CAGR) of 12.9%. The global electric bike, scooter market size is expected to grow to $30.27 billion in 2026 at a CAGR of 6.7%. Increasing awareness about pollution is a key driver of the electric bikes and scooters market. This is because more people are now understanding the importance of reducing pollution, and this awareness has led them to look for more environmentally friendly modes of transportation that minimize and control pollution. For example, according to a survey published by Forbes in 2019, due to an increase in awareness about pollution, the sales of electric bikes (e-bikes) have exceeded that of non-electric bikes in the Netherlands. The growth in the adoption of electric bikes and scooters is expected to continue in the coming years as the carbon dioxide emitted by the burning of fossil fuels remains a major threat to the environment, causing global warming and climate change. The lack of infrastructure for battery charging is a major restraint on the electric bikes and scooters market. This is mainly because a lack of sufficient bike or scooter charging stations leads to a scarcity of battery charging, and discourages people from purchasing electric bikes or scooters.For instance, according to express drive data 2021, electric two-wheelers, are popular in India. However, the sales of electric two-wheelers remain way lower than conventional petrol ones. We don’t have an appropriate EV ecosystem and the charging stations are in very few numbers. So, in a bid to encourage people to buy EVs and to develop the EV ecosystem in India, eBikeGo has announced that they will install one lakh smart IoT-enabled charging stations in seven Indian cities. Improving battery technology is an emerging trend in the electric bikes and scooters market. One such technological improvement of batteries includes the growing use of graphene batteries in electric bikes and scooters. The graphene batteries use electrolytes based on a super-thin material called graphene, which enables faster charging time, higher capacity, and lighter weight of the vehicles. In this regard, Earthday, a startup based in Barcelona, Spain is working towards further enhancing the efficiency of graphene batteries, to charge electric bikes and scooters in around five minutes. The electric bikes and scooters market is regulated by the U.S. Congress enacted Public Law sections 107-319. This law pertains to the amendments required for the consumer product safety act and defines stern regulations to be followed retrospect to the speed of electric bikes. According to this law, the electric motor of the vehicle must be less than 750 watts and the maximum speed of the bike driven by a person weighing 170 pounds should not exceed 20 mph. To comply with this law, the U.S. Consumer Product Safety Commission (CPSC) considers, approves, and certifies bikes that meet this definition for manufacture and sale at the federal level. Hence, regulations such as these regulate the electric bikes and scooters market. In March 2019, German automotive and industrial supplier Schaeffler acquired Elmotec Statomat GmbH for an undisclosed amount. Through this acquisition, Schaeffler aims to develop and advance more quickly and efficiently in the electric motors construction business, and at the same time, boost its e-mobility strategy. Elmotec Statomat GmbH is involved in the field of electric motors construction and winding technology. It was founded in 1998 and is headquartered in Karben, Germany. Major players in the electric bikes and scooters market are Yadea, Jiangsu Xinri E-Vehicle Co. Ltd., Mahindra & Mahindra Ltd., BMW, Hero Electric, Yamaha, Sunra, Vmoto Limited, AIMA Technology Co. Ltd, Zhejiang Luyuan Electric Vehicle Co. Ltd., Terra Motors Group, Prodeco Technologies Llc. Asia Pacific was the largest region in the electric scooters and ebikes market in 2021. This region is expected to remain the largest during the next five years. The regions covered in the global electric bike and scooter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the electric bikes and scooters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The global ebikes and scooters market is segmented - 1) By Product: Electric Bikes, Electric Scooters 2) By Battery: Lead-Acid, Lithium-Ion (Li-ion), Nickel-Metal Hydride (NiMH), Others 3) By Voltage Capacity: 48-59V, 60-72V, 73-96V, Above 96V 4) By Drive Mechanism: Hub Motor, Mid Drive, Others

The electric locomotives market consists of sales of electric locomotives which provide motive power to trains with no payload capacity, and their only use is to pull trains along the tracks. The sales consist of revenues generated by establishments that are primarily engaged in the manufacturing of locomotives and their components such as electric motors, transformers, inverters, and compressors. The main types of energy transfers in electric locomotives are overhead lines, third rail, onboard energy storage. Overhead lines are a wire or cable, suspended between poles, that is used to distribute power or signals. The technologies involved are technology, IGBT module, GTO thyristor, sic module. The traction units involved are ac traction units, dc traction units, multi-system units. The application involved passenger transport, freight transport. The global electric locomotives market size is expected to grow from $1.47 billion in 2021 to $1.67 billion in 2022 at a compound annual growth rate (CAGR) of 13.2%. The global electric locomotive market size is expected to grow to $2.73 billion in 2026 at a CAGR of 13.2%. Increasing preference for non-polluting and energy-efficient transport is contributing to the growth of the electric locomotives market. According to the UK Department of Transport, besides highly efficient electric motors in electric locomotives that regularly have the efficiency of around 90% due to the advancements such as regenerative braking which can recover energy from braking, they emit 20%-35% less carbon per passenger mile than those enabled by diesel and helps in reduction in carbon emissions. Concerns regarding a greener environment resulted in increasing demand for non-polluting and energy-efficient transport systems, thereby driving the electric locomotives market. Regular maintenance of the rolling stock is required to ensure its safety, which is very expensive, impacting the growth of the market. For example, the annual maintenance cost of the high-speed trainset is approximately $1 million. In addition to the cost of components that need to be replaced periodically, proper maintenance is needed for facilities such as stations and berthing sites. Moreover, rolling stock requires long-term maintenance once the train has reached half of its operating life. This involves maintenance work on electrical, mechanical, and hydraulic parts of the vehicle. A large investment is needed for such maintenance. For example, the overhaul and electrification project of around 100 km Nis-Dimitrovgrad railway line (Serbia) is estimated to cost around $306 million, and a Memorandum of Understanding (MoU) was signed with CRBC (China) for the overhaul of the Belgrade-Nis railway line for $701 million. Therefore, the expensive maintenance and overhaul that is needed regularly will hamper the growth of the electric locomotives market. The emergence of dual-mode locomotive electric trains will be one of the major trends that will gain traction in the electric locomotive market in the forecast period. In November 2019, Rail systems RP GmbH and Siemens Mobility signed a contract for the supply of two Vectron Dual Mode locomotives that can be operated either as diesel or electric units. On electrified routes, the Vectron Dual Mode is powered by electricity to save fuel and reduce maintenance costs. Due to their reduced dependence on petrol, the coming years will witness an increased preference for dual-mode trains, which will be one of the major factors propelling the growth of this market. In February 2020, Alstom announced plans acquired Bombardier Transportation for a price between EUR 5.8 billion and EUR 6.2 billion, which will be paid by cash and new Alstom shares. This acquisition will improve Alstom's global reach and the ability to respond to the ever-increasing need for sustainable mobility. Bombardier Transportation will bring to Alstom a complementary geographical presence and an industrial footprint in growing markets, as well as additional technological platforms. It will significantly increase innovation capabilities to lead to smart and green innovation. Bombardier Transportation is a Canadian multinational company that manufactures business jets and rail. Major players in the electric locomotives market are CRRC Corporation Limited, Bombardier Inc, Alstom SA, Siemens AG, Kawasaki Heavy Industries Ltd, General Electric Company, Transmashholding AG, Stadler Rail AG, Hitachi Ltd, and AEG Power Solutions. Western Europe was the largest region in the electric locomotives market in 2021. Asia Pacific was the second largest region in the global electric locomotives market. The regions covered in the global electric locomotive market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the electric locomotives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The global electric locomotives market is segmented - 1) By Energy Transfer: Overhead Lines, Third Rail, On-Board Energy Storage 2) By Technology: IGBT Module, GTO Thyristor, SiC Module 3) By Traction Units: AC Traction Units, DC Traction Units, Multi System Units 4) By Application: Passenger Transport, Freight Transport

The electric vehicle charging stations equipment market consist of sales of the equipment required in the setup of electric vehicle charging stations. These electric vehicle charging stations are used to recharge the vehicles by connecting to the electricity source. The type of electric vehicle charging stations equipment are AC charging, DC charging, inductive charging that are used in different vehicle type such as battery electric vehicles (BEV), plug-in electric vehicles (PHEV), hybrid electric vehicles (HEV). The AC charging converts power from AC to DC and then feeds it into the car’s battery. Different type of charging in electric vehicle charging stations equipment are level one charging (120 volts), level two charging (240 volts) and DC fast charging (480 volts). The global electric vehicle charging stations equipment market size is expected to grow from $99.71 billion in 2021 to $140.71 billion in 2022 at a compound annual growth rate (CAGR) of 41.1%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The EV charging stations equipment market is expected to reach $485.92 billion in 2026 at a CAGR of 36.3%. National and international legislatives policies for promoting the electric vehicle (EV) is driving the growth of the electric vehicle charging stations equipment market. The scheme to provide incentives to motivate investors in buying electric vehicles and installing the EV charging stations help in driving the electric vehicle charging stations market. Thus, help in boosting the electric vehicle charging stations equipment market. For example, an attractive scheme was launched by German government to provide a direct discount of $4,520 for EV buyers. Also, public funding for charging stations for every 50 km is provided in Norway. Thus, driving the EV charging stations market, thereby driving the electric vehicle charging stations equipment market. The limited driving range of electric vehicles (EV) is one of the major factors restraining the EV market thereby affecting the growth of the electric vehicle charging stations equipment market. The driving range of EV is shorter than the gasoline vehicles. This limitation is due to various factors such as passenger capacity, use of air conditioning and the need of margin to be retained before the next recharge. Thus, affecting the sales of EV which is thereby decreasing the need for setting up more charging power stations and the requirement for the EV charging stations equipment falls, therefore restraining the market growth. Ultra-quick DC charge stations is trending in the electric vehicle charging stations market. Ultra-quick DC charge helps in supplying direct power of up to 125 KW to vehicle without any converter. These ultra-quick DC charge stations have the capability to charge 80% of the electric supply required for vehicle within 20 min time span. With the increasing demand for EV the need for more charging stations is increasing. In order to cope with the demand and availability of low energy charging points and to deal with new upcoming EV that requires high power rates for charging, the ultra-quick DC charge station is the solution. There are 3 types of DC fast charging options such as Combined Charging System (CCS), CHAdeMO and Tesla Supercharger. For example, in 2021, Electrify America opens 600 public ultra-fast electric vehicle charging stations across United States. In February 2019, Tesla, Inc., an American automotive and energy company acquired Maxwell Technologies, Inc. for $218 million. This acquisition, is expected to boost the market for Tesla and help in improve its batteries and lower costs, to be ahead of the new players entering the market. Maxwell Technologies, Inc., an American energy storage and manufacturing company. Major players in the electric vehicle charging stations equipment market are ABB Ltd, Siemens AG, The New Motion BV, Tesla Motors Inc., ClipperCreekInc., DBT SA, Chargemaster Plc, Engie SA, Fortum Oyj, and Leviton Manufacturing Co. The regions covered in the electric vehicle charging stations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electric vehicle charging station equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global electric vehicle charging stations equipment market is segmented - 1) By Type: AC Charging, DC Charging, Inductive Charging 2) By Vehicle Type: Battery Electric Vehicles (BEV), Plug-In Electric Vehicles (PHEV), Hybrid Electric Vehicles (HEV) 3) By Charging Type: Level One Charging (120 Volts), Level Two Charging (240 Volts), DC Fast Charging (480 Volts)

The electric dryers manufacturing market consist of sales of clothes dryers. The clothes dryers are extensively employed by the household consumers for carrying out the activity of drying clothes. The main function that is performed by the device is to soak up the moisture from the clothes, lessen the aroma level, and eliminate dust mites from the clothes. The main types of electric dryers manufacturing market are spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, other types. A spin dryer is a device that extracts water from clothes, linen, etc, by spinning them in a perforated drum The types of vents are vented dryer, ventless/condenser dryer. The distribution channels are specialty stores, company-owned stores, hypermarkets and supermarkets, online, others. The various end-users are commercial, residential. The global electric dryers market size is expected to grow from $11.15 billion in 2021 to $11.96 billion in 2022 at a compound annual growth rate (CAGR) of 7.2%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric dryer market is expected to reach $14.77 billion in 2026 at a CAGR of 5.4%. Technological advances will drive the market for dryers in the forecast period. Increased access to the internet and the use of smartphones supported the development and consumption of innovative technologically enabled appliances. More than 330 million people use the internet, taking the total number of global internet users to 4.72 billion by April 2021 and 48.2% of internet users accessed the web from a mobile device. Furthermore, increasing integration of the Internet of Things (IoT) allowed customers to connect with the dryers via the internet and remotely control essential tasks by collecting and exchanging data. This in turn drives the market for dryers in the forecast period. Increasing demand for online on-demand laundry services is expected to restrain the market for dryers in the forecast period. The on-demand laundry services market is expected to be aided by a stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020 and 3.6% from 2021 to 2023. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. For instance, China is forecast to register a GDP growth of 6.2% in 2019. Stable economic growth, increasing internet penetration, and rising disposable income coupled with the hectic lifestyle of individuals will lead to an increase in on-demand laundry services, thereby limiting the growth of the market for dryers. Dryer manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy-efficient appliances are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR certified dryers use 20% less energy than a standard washing machine. Major players in the electric dryers manufacturing market are Haier Electronics Group, LG Electronics, SAMSUNG, Robert Bosch, Koninklijke Philips, Whirlpool, Panasonic, Groupe SEB, HAAN, and Conair. North America was the largest market in the electric dryer market in 2021. The regions covered in the electric dryers market report are North America, Western Europe, Asia-Pacific, Eastern Europe, South America, Middle East, and Africa. The countries covered in the electric dryers manufacturing market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global electric dryers market is segmented - 1) By Type: Spin Dryers, Condenser Dryers, Heat Pump Dryers, Mechanical Steam Compression Dryers, Solar Clothes Dryer, Others 2) By Type of Vent: Vented Dryer, Ventless/Condenser Dryer 3) By Distribution Channel: Specialty Stores, Company-Owned Stores, Hypermarkets and Supermarkets, Online, Others 4) By End-User: Commercial, Residential

The electric ironers manufacturing market consists of sales of electric ironers. An Ironer is a tool for leveling clothes and fabrics and uses power within a range of 300-1000W. The main product types of electric ironers manufacturing market are dry iron, steam iron, and garment steamer. A dry iron has a soleplate that heats up and is pressed on the crumpled clothes to make them smoother. The functions used are automatic, non-automatic. The distribution channels involved are offline, online. The applications are residential, commercial. The global electric ironers market size is expected to grow from $1.11 billion in 2021 to $1.25 billion in 2022 at a compound annual growth rate (CAGR) of 12.9%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric ironer market is expected to reach $1.77 billion in 2026 at a CAGR of 9.1%. Rapid urbanization is expected to contribute to the growth of the ironers market in the forecast period. Globally, the percentage of the population living in urban areas is expected to increase from 56.2% in 2020 and reach 68% by 2050. The growth in the urban population coupled with the increasing demand among the millennials to look well-dressed, rise in disposable incomes, and increasing affordability among residents of cities will drive the demand for ironers. Increasing demand for online on-demand laundry services is expected to restrain the market for ironers in the forecast period. The on-demand laundry services market is expected to be aided by a stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020 and 3.6% from 2021 to 2023. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. For instance, China is forecast to register a GDP growth of 6.2% in 2019. Stable economic growth, increasing internet penetration, and rising disposable income coupled with the hectic lifestyle of individuals will lead to an increase in on-demand laundry services, thereby limiting the growth of the market for ironers. There has been a growing popularity of smart home ironers in the market. Smart home ironers are devices that are connected to other devices via the internet, and other technologies such as Bluetooth, near field communication (NFC), and Wi-Fi. The increased popularity of smart appliances can be attributed to the increased demand for smart homes, the rise in internet and smartphone penetration, and energy efficiency initiatives. The rise of the Internet of Things (IoT) technology also supports the development of smart appliances. For instance, smart ironers contain an accelerometer chip installed in them which automatically switches off the iron by detecting the idle state. Bluetooth-enabled ironers can provide the users with the status of the iron such as temperature, power usage, etc. on their mobile phone and other Bluetooth-enabled devices. Major players in the electric ironers manufacturing market are GE, Hamilton Beach, Joy Mangano, Kenmore, Electrolux, Haier, Flyco, LG, Applica, and Black and Decker. North America was the largest region in the ironers market in 2021. The regions covered in the electric ironers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electric ironers manufacturing market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global electric ironers market is segmented - 1) By Product Type: Dry Iron, Steam Iron, Garment Steamer 2) By Function: Automatic, Non-Automatic 3) By Distribution Channel: Offline, Online 4) By Application: Residential, Commercial

The electric motor manufacturing market consists of sales of electric motors. A motor converts electrical energy into mechanical energy and supplies power to devices. It works on the principles of electromagnetism with properties such as durability, high efficiency, low energy consumption, and low maintenance. These include components such as rotor, bearings, stator, air gap, windings, and commutator. Devices that use electric motors consist of fans, blowers, household appliances, disk drives, batteries and power tools, machine tools, domestic appliances, HVAC applications, electric cars, and automated robots. The main types of electric motor manufacturing are alternate current (AC) motor, direct current (DC) motor and hermetic motor. A hermetic motor contains both the compressor and the motor within a single outer welded steel shell. The motor and compressor are connected directly on the same shaft, with the motor located within the refrigeration circuit. As a result, the need for a shaft seal and the resulting refrigerant leakage problem was eliminated. Welding or brazing is used to connect all refrigerant pipelines to the outer steel shell. The voltage of electric motor ranges from 9v and below, 10-20 v, 21-60 v, 60 v and above and various output power are integral horsepower (IHP) and fractional horsepower (FHP). The different speeds of the electric motor are low-speed (less than 1,000 rpm), medium-speed (1,001 to 25,000 rpm), high-speed (25,001 to 75,000 rpm), ultra-high-speed (greater than 75,001 rpm) that are used for industrial machinery, motor vehicle, HVAC equipment, aerospace and transportation, household appliances, other commercial applications. The global electric motors market size is expected to grow from $91.86 billion in 2021 to $93.82 billion in 2022 at a compound annual growth rate (CAGR) of 2.1%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric motor manufacturing market is expected to reach $93.85 billion in 2026 at a CAGR of 0.01%. Increased tariffs on raw materials such as steel and aluminum will restrain the market for motor manufacturing in the forecast period. Steel and aluminum are predominantly used in manufacture of components for motors. Increasing import tariffs on raw materials such as steel hindered the market for household fans. For instance, in February 2020, USA administration decided to raise tariffs on derivative steel and aluminum imports by 25% and 10%, respectively. Motor manufacturing companies are increasingly manufacturing IoT enabled smart motors. These motors are equipped with sensors that monitor and track the motor’s health and performance. Sensors are connected to a control database that continuously collects data, and uses artificial intelligence (AI) to learn normal behaviour and sends an alert upon detecting any deviation from normal behaviour. Smart motors offer several benefits such as increased lifespan of equipment, and improved safety. In March 2019, Maxon Motor AG, a Switzerland-based company that manufactures and supplies high precision drives and systems such as gears, sensors, controls, compact drives acquired Parvalux Electric Motor for an undisclosed amount. The acquisition is expected to help Maxon Motor AG in becoming a complete solutions provider company by broadening its portfolio in medical technology and industrial automation. Parvalux Electric Motor is a UK based company that specializes in manufacturing geared motors such as DC brushless, DC brushed, gearbox, and generators. Major players in the electric motor manufacturing market are ABB Ltd., ARC Systems, Inc., Asmo Co., Ltd., Brook Crompton UK Ltd., Emerson Electric Co., Regal Beloit Corporation, Rockwell Automation Inc., Siemens AG, Ametek, Inc., and Baldor Electric Company, Inc. Asia Pacific was the largest region in the electric motor manufacturing market in 2021. Western Europe was the second-largest region in the electric motor manufacturing market. The regions covered in the electric motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electric motor manufacturing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global electric motors market is segmented - 1) By Type: Alternate Current (AC) Motor, Direct Current (DC) Motor, Hermetic Motor 2) By Output Power: Integral Horsepower (IHP), Fractional Horsepower (FHP) 3) By Voltage Range: 9 V and Below, 10-20 V, 21-60 V, 60 V and Above 4) By Application: Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace and Transportation, Household Appliances, Other Commercial Applications 5) By Speed: Low-Speed (less than 1,000 rpm), Medium-Speed (1,001 to 25,000 rpm), High-Speed (25,001 to 75,000 rpm), Ultra-High Speed (greater than 75,001 rpm)

The biomass electric power generation market consists of sales of electricity generated using biomass and related services for household and commercial purposes. Biomass gasification refers to a process that involves the burning of biomass for the generation of producer gas or syngas for production of electricity. Producer gas is a combustible gas mixture of carbon monoxide, hydrogen, carbon dioxide, methane, and nitrogen. The gasification process uses heat, pressure and partial combustion which takes place when the air supply (o2) is inadequate for the combustion of biomass.