market insights
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Lithium-ion Battery Recycling Technology Transferred to Nine Recycling Firms By MeitY, Find Out Why? By 2030, India's total lithium battery storage requirement will be around 600 GWh and about 125 GWh of lithium batteries will be ready for recycling A couple of days back, the Ministry of Electronics and Information Technology (MeitY) transferred the recycling technology of low-cost lithium-ion batteries to nine recycling firms and… |
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ELCINA Applauds The Decision To Reopen The Scheme For Semiconductor Investments The Electronic Industries Association of India (ELCINA), representing the electronics manufacturing sector, expressed its strong support for the Government of India’s farsighted decision to reopen the window for filing applications under the Modified Semicon India Programme. This will overcome the challenges faced by investors in the current Scheme garnering a larger… |
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Why Switzerland Decides to Terminate Exemption of Import Tax Duty on EVs Counting the import value, the automobile tax is an impose of 4 percent and is not the final sales price of the vehicles In an effort to boost the growth of electric vehicles and make it more popular among the people, the Switzerland government has now announced that from 2024, the automobile industry is likely to witness a import… |
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Why Lithium Price Will Decrease By Two-folds in The Coming Months, Define Analysts The major reason for falling prices of Lithium is that EV sales in China and Europe were slowed after subsidies expired for purchasing EV cars Chemical element Lithium, which is now dubbed ‘White Gold’ is commonly utilized in almost every electric car battery, but interestingly, the price of this element has fallen drastically… |
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Why E-scooter Makers Are On The Race To Provide Slow Chargers Under Rs 4,000 The criteria for availing subsidy the maximum ex-factory price requires to be more than Rs 1,50,000 In an effort to avail the FAME 2 subsidy scheme, several e-scooter firms have now stated that they would offer cheaper slow chargers under Rs 4,000, claims an exclusive report of BusinessToday. The report also added that the companies… |
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Fabless Company Sales is Forecasted to Set New Record with 22% Surge in 2020 According to the IC Insights report - A Complete Analysis and Forecast of the Integrated Circuit Industry, Fabless Company's share of worldwide IC sales will set a new all-time record at 32.9%. There is a 22% jump expected in the company sales this year, led by a forecasted $2.8 billion sales increase by AMD as compared to only a 6% IC sales increase forecast for the IDMs.… |
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Gas Sensors Market is projected to reach USD 2 Billion by 2026 Gas sensors that are used excessively in the medical sector especially for accurately screening early breast cancer have recently gained massive traction. Seeing the advances of gas sensors, Global Market Insights estimated that the gas sensors market could cross USD 2 billion, recording over 80 million-unit shipments by the year 2026. It is estimated that the rising R&D… |
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Display Controller Sales to Generate US$ 23 Bn Revenue in 2019 Growing demand for information-rich driving experience, with low power consuming advanced design and visibility features is a key factor pushing the sales of display controller. As per Future Market Insights’ (FMI) recent analysis of the global display controllers market, sales of approximately 53 Million display controllers is anticipated to generate US$ 23 Billion… |
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Motor Control IC Market Driven by Product Features such as High Efficiency, Cost-Effectiveness and Compact Size
The global motor control IC market is expected to grow at a CAGR of 5.0% during the forecast period. The motor control IC market was valued at US$ 3,905.0 Mn in 2017, and is projected to grow significantly to reach US $ 6,344.2 Mn by 2027 due to the increasing usage of motor control ICs in the manufacturing of medical equipment and in the automotive industry.… |
