BIS Research - Emerging Technology Market Intelligence

5 Key Trends Influencing the Electric Vehicle Ecosystem in India

Aug 2, 2019 3:41:56 AM / by BIS Research posted in EV Charging Infrastructure, Automotive, Electric Vehicle batteries, Electric Vehicle Battery industry, Electric Vehicle Ecosystem, EV Batteries

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With a focus to lower the harmful emission by the automotive industry and to boost the local manufacturing of automotive in India, the government plans to promote the adoption of electric vehicles (EV), EV batteries, and EV charging infrastructure in the country. For the successful implementation of these, the government must address the five key trends that are expected to influence the electric vehicle ecosystem in India.

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Global Vision and Navigation System Market to Grow at a CAGR of 26.78%

Jul 15, 2019 3:03:22 AM / by BIS Research posted in Global Vision and Navigation System Market, Vision and Navigation System Market share, Vision and Navigation System Market size, Automotive

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Telematics Transforming the Functioning of Off-Highway Vehicles

May 22, 2019 11:18:14 PM / by BIS Research posted in Off-Highway Vehicle Telematics Market Share, Off-Highway Vehicle Telematics Market Size, Automotive, Global Off-Highway Vehicle Telematics Market

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Fast Charging Systems – A Key Component of the Electric Vehicle Ecosystem

May 22, 2019 11:10:28 PM / by BIS Research posted in EV fast charging system market, Automotive, Electric Vehicle Fast Charging System Market Size, Global Electric Vehicle Fast Charging System marke

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What the Stakeholders Must Do to Make Electric Vehicles a Reality

Mar 25, 2019 3:49:28 AM / by BIS Research posted in Electric Vehicles Forecast, Electric Vehicles Market Share, Electric Vehicles Market Trends, EV battery, EV Battery Market, EV Battery report, EV market, Automotive, Electric Vehicles Market, EV Battery industry, Global EV Battery Market

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Written by BIS Research Analysts Ajeya Saxena

In spite of rapidly increasing adoption of electric vehicles (EVs), their competitiveness in terms of performance and pricing with internal combustion (IC) engine vehicles still seems a farfetched objective. Sluggish developments in the battery chemistry combined with the scarce supply of raw materials have been major roadblocks in the EV market establishment. Stakeholders in the EV market have already invested more than $150 billion between 2014 and 2018 to overcome the challenges faced by EVs. While automotive OEMs have been key contributors in terms of investment, government support in form of subsidies and tax incentives has played a pivotal role in ensuring EV adoption.

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Automotive Solid-State Battery Technology – The Future of Electric Vehicles

Feb 27, 2019 3:30:24 AM / by BIS Research posted in Electric Vehicle Battery market, Electric Vehicles Battery industry, Electric Vehicles Battery Market, EV Battery Market, EV Battery report, Automotive Solid State Battery Market Value, Automotive Solid State Battery(SSB) Market, Automotive, Automotive Solid State Battery Industry, Automotive Solid State Battery Market, Automotive Solid State Battery Market by Component, Automotive Solid State Battery Market Forecast, Automotive Solid State Battery Market Growth, Automotive Solid State Battery Market Size, Automotive Solid State Battery Market Trends, Automotive Solid State Battery Report, Electric Vehicle Battery industry, Electric Vehicle Battery report, Electric Vehicles Battery report, EV Battery industry, Lead Acid Battery industry, Lead Acid Battery market, Lead Acid Battery report, Nickel-Cadmium Batteries Industry, Nickel-Cadmium Batteries Market, Nickel-Cadmium Batteries Report, Solid State Battery Market by Vehicle Type, Solid State Lithium-ion Battery, SSB Market, SSB Report, Solid State Battery Market by Region, Solid-State Battery Technology, Solid State Lithium-ion Battery Industry, Solid State Lithium-ion Battery Market, Solid State Lithium-ion Battery Report, SSB Industry

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The automotive industry is undergoing a transformative shift toward the adoption of electric vehicles (EV) and is investing significantly in the research and development (R&D) of its battery technology and components. The energy density and weight of the battery are the major factors that determine the designing and manufacturing cost of an electric vehicle. The conventional lithium-ion (Li-ion) battery technology has been in existence since 2000s and has found its applications in various sectors, namely electronics & automotive industry, and energy storage systems. However, key limitations of the li-ion batteries such as high flammability, risk of leakage, high cost, and ageing have propelled the researches to develop better battery chemistries such as solid-state batteries (SSB).

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Mobility as a Service (MaaS) The Future of Transportation

Oct 24, 2018 6:12:45 AM / by BIS Research posted in mobility as a service industry, mobility as a service market trends, Automotive, global mobility as a Service market, mobility as a service forecast, mobility as a service growth, mobility as a service market, mobility as a service market share, mobility as a service market size, mobility as a service report

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Mobility as a Service (MaaS) is the next step in the future of the transportation and commute model globally. The target of the MaaS is to digitalize the operations and bring both providers and users at one single platform. According to a market research report published by BIS Research titled, Mobility as a Service Market - Analysis and Forecast (2018 – 2028), the global mobility as a service market is projected to reach $1759.83 billion by 2028. Also, as per the trends it is suggested that MaaS market will be the leading value generator by the end of 2040. Factors driving the market are on-demand assured ride, integration of multi-modal transportation options, and wide range of options available with the end-user, which include types of commute, duration of service, choice of driver, real-time journey optimization and type of pricing among others. The aim of a MaaS platform is to integrate as many activities related to transportation as possible such as planning a journey, booking the ride, tracking the payment and taking feedback at the end of the service completion. MaaS also aims to integrate the domain of public transportation on its platform.

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LiDAR: The Old/New Tech of the Modern World

Aug 3, 2018 5:26:31 AM / by BIS Research posted in automotive LiDARs report, Automotive, automotive LiDARs, automotive LiDARs indsutry, automotive LiDARs market, automotive LiDARs trends

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A LiDAR based self-driving car

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Lithium Ion Batteries Making Their Way in Electric Vehicles Market

Mar 26, 2018 7:22:08 AM / by BIS Research posted in Electric Vehicles Battery Market, Electric Vehicles Battery Market analysis, Electric Vehicles Battery Market trends, EV Battery Market, Automotive, Electric Vehicle Battery Cost Forecast, Electric Vehicles Battery Market forecast, Electric Vehicles Battery Market growth, Electric Vehicles Battery Market share, Global Electric Vehicles Battery Market Size, Global Electric Vehicles Battery Market, Global Electric Vehicles Battery Market report, Global Electric Vehicles Market Volume, Global EV Battery Market, Global EV Battery Market Size

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Global warming and rapidly increasing pollution level are some of the alarming environment concerns that have led the manufacturers in the automotive industry to opt for the alternative sources of energy. Batteries have been used as a secondary source of energy ever since the introduction of the first automobile.  According to the market intelligence report by BIS Research titled, ‘Global Electric Vehicles Battery Market- Analysis and Forecast (2017-2026), the market is expected to register a CAGR of approximately 20% during the forecast period. This tremendous market growth is attributed to the increasing demand for electric vehicles, stringent governmental regulations, and high energy density of batteries. Further, the electric vehicle market is driven by the changing paradigms in governmental regulations and increasing environmental awareness among the consumers.

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OEMs Incorporating Telematics System to Gain Momentum in the Market

Mar 22, 2018 7:10:50 AM / by BIS Research posted in Automotive Telematics Market report, Automotive, Automotive Telematics Market Size, Global Automotive Telematics Industry analysis, Global Automotive Telematics Market, Global Automotive Telematics Market growth, Global Automotive Telematics Market Report, Global Automotive Telematics Market research repor, Global Automotive Telematics Market trends, Global Automotive Telematics Market analysis, Global Automotive Telematics Market forecast, Global Automotive Telematics Market share, Global Commercial Vehicles Telematics Systems Mark

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Telematics system is gaining immense popularity globally owing to various benefits provided by the system such as entertainment and information content, cost saving, safety, and security, among others. According to the market intelligence report by BIS Automotive titled, ‘Global Automotive Telematics Market- Analysis and Forecast (2017-2021)’, the market is expected to garner a value of $17 billion by the end of the year 2021. This significant market value is attributed to the increase in the safety and security regulations, rising disposable incomes, lower costs of connectivity, and increased market penetration rates of smartphones which are propelling the growth of the market. The prominent market players are coming up with development strategies and showing an inclination towards the strategies such as partnerships, agreements, collaborations, product launches, merger, and acquisitions, among others.

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