Electric and Hybrid Vehicles Market Research Reports

The global light electric vehicles market size was valued at USD 804.2 million in 2023 and is projected to grow from USD 859.1 million in 2024 to USD 1,413.7 million by 2031, exhibiting a CAGR of 7.38% during the forecast period. This growth is driven by technological advancements in battery efficie

2025-03-21 | Read More

The global electric vehicle polymers market size was valued at USD 48.09 million in 2023 and is projected to grow from USD 78.91 billion in 2024 to USD 3,607.00 billion by 2031, exhibiting a CAGR of 72.64% during the forecast period. This growth is driven by the rapid adoption of electric vehic

2025-03-21 | Read More

The global future of hydrogen in automotive market size was valued at USD 987.4 million in 2023 and is projected to grow from USD 1,264.7 million in 2024 to USD 7,411.0 million by 2031, exhibiting a CAGR of 28.74% during the forecast period. This growth is driven by increasing global efforts to redu

2025-03-18 | Read More

The global in wheel motor market size was valued at USD 232.5 million in 2023, which is estimated to be USD 323.3 million in 2024 and reach USD 4040.6 million by 2031, growing at a CAGR of 43.44% from 2024 to 2031.  In wheel motors enhance energy efficiency by directly powering each wheel, mini

2025-03-13 | Read More

Market Definition The market focuses on developing and selling advanced electric drive systems for electric vehicles (EVs). These systems integrate smart technologies, including sensors and AI, to improve energy efficiency, performance, and driving experience. Market growth is driven by the growing

2025-03-11 | Read More

The global electric tractor market size was valued at USD 772.9 million in 2023, which is estimated to be valued at USD 906.0 million in 2024 and reach USD 3010.3 million by 2031, growing at a CAGR of 18.71% from 2024 to 2031. Environmental concerns are driving the shift toward electric tractors, a

2025-03-07 | Read More

The global CV depot charging market size was valued at USD 6.78 billion in 2023 and is projected to grow from USD 8.77 billion in 2024 to USD 58.28 billion by 2031, exhibiting a CAGR of 31.07% over the forecast period. The rapid market expansion is driven by the accelerating adoption of e

2025-03-07 | Read More

The global specialty vehicle market size was valued at USD 101.12 billion in 2023 and is projected to grow from USD 104.00 billion in 2024 to USD 131.35 billion by 2031, exhibiting a CAGR of 3.39% during the forecast period. Advancements in electric and autonomous vehicle technologies are driving th

2025-03-05 | Read More

The global autonomous bus market size was valued at USD 1340.0 million in 2023 and is projected to grow from USD 1617.5 million in 2024 to USD 6820.9 million by 2031, exhibiting a CAGR of 22.82% during the forecast period.  The market is driven by advancements in AI-powered autonomous driving s

2025-03-05 | Read More

The global electric three wheeler market size was valued at USD 2,140.0 million in 2023, which is estimated to be valued at USD 2,206.2 million in 2024 and reach USD 2,797.0 million by 2031, growing at a CAGR of 3.45% from 2024 to 2031. Cost efficiency is a major growth driver of the mark

2025-03-04 | Read More