Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Smart e-Drive Market Research Report- Forec

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More information from: https://www.marketresearchfuture.com/reports/5189
Global Smart e-Drive Market Research Report- Forecast 2023
Report / Search Code: MRFR/AM/3751-HCRR
Publish Date: June, 2018
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Global Smart e-Drive Market Information Report by Component
(Power Electronics, E-Brake Booster, Inverter, Motor, Battery),
by application (e-Axle, Wheel drive), by drive type (Front wheel
drive, Rear wheel drive, others), by battery type (Lithium-ion,
Nickel-based, Lead acid and Solid state battery) and By Region
- Forecast To 2023
Market Synopsis
The smart e-drive market is majorly driven by the high demand for hybrid
and electric vehicle, and the introduction of stringent rules and
regulations by various governments. These governments plan to reduce
carbon emission by promoting the use of electric vehicles. The
government of various countries, all over the globe provide some kind of
tax benefits and incentives to the original equipment manufacturers of
electric vehicles, thereby driving the growth of the smart e-drive market.
Due to the rising concerns regarding environmental pollution, many
governments have implemented several regulations and policies to
reduce vehicle emission over the last few years. Global warming has
also been a major threat to the environment and human life. Moreover,
the emergence of eco-friendly vehicles, has also played a major role in
the increasing sales of smart e-drive.
However, the growth of this market is expected to be restrained by
factors such as lack of charging infrastructure, and the high cost of
technologies and components, which are being used in the smart e-drive
market.
The global smart e-drive market has seen remarkable growth in the
global market and its demand in future is expected to grow with the
CAGR of ~20%.
Based on applications, the global smart e-drive market has been