Low-Speed Vehicle Market: Trends, Innovations, and Global Forecast to 2030
The low-speed vehicle market is projected to grow from USD 11.09 billion in 2024 to USD 16.28 billion by 2030 at a CAGR of 6.6% during the forecast period.
The low-speed vehicle (LSV) market is expanding due to factors like increased golf participation, growing charging infrastructure, and a rising need for safe, comfortable mobility, especially among seniors. Growth is further fueled by travel...
Electric Bus Market Trends, Technologies & Global Forecast to 2030
The global electric bus market is estimated to grow from USD 17.0 billion in 2024 to USD 37.5 billion by 2030, with a CAGR of 14.2% over the forecast period.
The growth of the electric bus market is driven by countries prioritizing the electrification of their public transportation fleets with zero-emission mobility through subsidies, tax exemptions, and favorable regulations prompted by emission...
EBike Market: Trends, Technologies & Global Forecast to 2030
The global EBike market is expected to grow from USD 48.72 billion in 2024 to USD 71.48 billion by 2030 at a CAGR of 6.6%.
The electric bicycle market is driven by government subsidies, expanding micro-mobility services, advancements in lithium-ion battery technology, and improved infrastructure for e-bikes. However, the market has faced challenges recently due to supply chain disruptions, global...
EV Connector Market Size, Share, Growth & Forecast 2030
The global EV connector market is projected to grow from USD 2.0 billion in 2023 to USD 10.9 billion by 2030, registering a CAGR of 27.1%.
EV connectors for high-voltage systems and need of miniaturization, weight reduction, and high-performance materials, and a surge in data transmission and complex systems for ADAS, battery management, vehicle lighting and autonomous driving, demanding high-bandwidth...
Electric Commercial Vehicle Traction Motor Market Size, Share & Trends [2030]
The global electric commercial vehicle traction motor market size was valued at USD 2.1 billion in 2024 and is expected to reach USD 9.8 billion by 2030, at a CAGR of 28.8%, during the forecast period 2024-2030. The traction motor market for Electric Commercial Vehicles (ECVs) has witnessed substantial growth in recent years, driven by several key factors. With the increasing focus on environmental...
Charging as a Service Market Size, Share, Trends & Analysis by 2035
The global charging as a service market size was valued at USD 165.9 million in 2025 and is expected to reach USD 2,135.0 million by 2028, at a CAGR of 29.1%, during the forecast period 2025-2035. Charging as a Service is increasingly becoming a necessity for businesses rather than an optional feature, providing multiple benefits. It is a business model that allows fleet operators to use EV charging...
Electric Vehicle Market to Surpass $620.33 Billion by 2030
The global electric vehicle (EV) market is projected to grow from USD 396.49 billion in 2024 to USD 620.33 billion by 2030 at a CAGR of 7.7%. Many factors are collectively driving the electric vehicle market. The most important of these is the reduction of the total cost of ownership through lower fuel and maintenance costs than traditional internal combustion engine (ICE) vehicles. The energy density...
Hypercharger Market to Hit 273.7 Thousand Units by 2030
The Hypercharger market size is projected to grow from 10.4 Thousand Units in 2023 and projected to reach 273.7 Thousand Units by 2030, at a CAGR of 59.5%. The Hypercharger demand is primarily driven by the growing popularity and adoption of electric vehicles (EVs). As more consumers and businesses transition to electric mobility, there is a heightened need for charging solutions that offer ultra-fast...
Ev Connector Market Size, Share, Growth Report 2030
The global EV connector industry size is projected to grow from USD 2.0 billion in 2023 to USD 10.9 billion by 2030, registering a CAGR of 27.1%.
A rise in data transmission and complicated systems for ADAS, battery management, vehicle illumination, and autonomous driving necessitate high-bandwidth and low-latency EV connectors. EV connectors for high-voltage systems also require downsizing,...