The rising demand for electric vehicles (EVs) globally is fostering a positive outlook for the automotive drive shaft market. These components enhance durability and efficiency while optimizing noise, vibration, and harshness (NVH) performance. Increasing fuel prices and various government initiatives aimed at reducing emissions also support market growth. Moreover, manufacturers are increasingly opting for fiber-reinforced polymer composites instead of traditional steel in the production of lightweight automotive drive shafts. This shift enhances the drive shaft's performance and rigidity, boosts fuel efficiency, and increases torque capacity, further driving the market.
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Automotive Drive Shaft Market Share & Forecast by 2032
The global automotive drive shaft market size reached US$ 16.4 Billion in 2023 and grow at a CAGR of 4.3% to reach US$ 24.1 Billion by 2032.
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Huawei's new solid-state battery patent promises safer, faster, and longer-lasting energy solutions for electric vehicles and energy storage systems.
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EV Onboard Battery Charger Market: Global Industry Analysis
EV Onboard Battery Charger Market size was valued at USD 4.4 Bn in 2023 and is expected to reach USD 13.44 Bn by 2030
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With the rapid rise of electric vehicles (EVs) and renewable energy sources, the concept of Vehicle-to-Grid (V2G) technology is becoming increasingly important. V2G systems enable bidirectional energy flow between electric vehicles and the power grid, allowing EVs to charge and discharge energy back into the grid when needed. At the heart of this innovation lies the car battery, which is pivotal in transforming vehicles into mobile energy storage units. This blog will explore how car batteries fit into V2G systems and their potential to revolutionize the energy landscape.
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Electric Vehicle Maintenance Market Trends, Growth, Size and Forecast | by Selena Watson | Sep, 2024 | Medium
The automotive industry is undergoing a revolutionary transformation with the rapid rise of electric vehicles (EVs). As more drivers make the switch to electric, the need for specialized service…
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The global automotive heat shield market size reached US$ 11.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.8 Billion by 2032, exhibiting a growth rate (CAGR) of 2.8% during 2024-2032. The stringent emission regulations, the rise of turbocharged engines, increasing demand for luxury vehicles, rapid advancements in material technology, the growth of electric vehicles (EVs), globalization of production standards, and the burgeoning aftermarket sector are some of the factors fostering the market growth.
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Automotive Heat Shield Market Size, Share, Forecast 2032
The global automotive heat shield market size reached US$ 11.5 Billion in 2023 and grow at a CAGR of 2.8% to reach US$ 14.8 Billion by 2032.
https://www.imarcgroup.com/automotive-heat-shield-marketThe global power cables market size reached US$ 176.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 284.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032. Increasing demand for electricity, surging investments in renewable energy sources, continuous technological advancements, rapid urbanization and industrialization, government regulations promoting energy efficiency, the rise of smart grid systems, growing environmental awareness, and the emergence of electric vehicles (EVs) and associated charging infrastructure are some of the factors facilitating the market growth.
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Power Cables Market Share, Size, Trends & Growth [2032]
The global power cables market size reached US$ 176.9 Billion in 2023 and grow at a CAGR of 5.2% to reach US$ 284.1 Billion by 2032.
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Electric Highway Market
The global electric highway market size was valued at USD 46.5 billion in 2023 and is projected to reach a value of USD 152.4 billion by 2032
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The Future of DevOps: Trends to Watch Out For explores the evolving landscape of DevOps and the key trends shaping its future. This insightful piece delves into emerging practices such as AI-driven automation, enhanced security measures (DevSecOps), and the growing importance of continuous integration and continuous delivery (CI/CD). It also highlights the rise of containerization and microservices, the increasing role of infrastructure as code (IaC), and the expanding focus on observability and monitoring. Stay ahead of the curve by understanding these trends and their impact on streamlining operations, improving collaboration, and driving innovation in software development.
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The Future of DevOps: Trends to Watch Out For
DevOps, the amalgamation of development and operations, has significantly transformed the software development lifecycle by fostering collaboration, accelerati
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