Published on : Sep 23, 2019
A novel research report, titled “Global Market Study on Heavy Electric Vehicle & Industrial Equipment Charging: Efforts of Governments for Stronger Power Transmission & Distribution Infrastructure to Remain Pivotal,” has been recently added to the library of ResearchMoz.us. This market study presents a thorough analysis of the current trends and a deep insight into the upcoming prospects of the global heavy electric vehicle & industrial equipment charging market.
The global heavy electric vehicle & industrial equipment charging market is demonstrating an upward trend in its growth trajectory.The market is technology-driven and is gaining substantially from the advancements in the technology. The current trend in this market is the use of miniaturized electrical and mechanical products, which is creating immense opportunity to innovate. Manufacturers are expected to invest more in research for the development of novel products.
With a number of participants competing with each other, the vendor landscape in the global heavy electric vehicle & industrial equipment charging market is highly fragmented. Some of the key companies in this market are:
• WiTricity Corp.
• Momentum Dynamics
• Delta Energy Systems
• WAVE Inc.
Request a Sample PDF copy with detailed Insights: https://www.researchmoz.us/enquiry.php?type=S&repid=2387408
At present, companies are focusing more of urban public transportation, especially on electric buses. However, their focus may shift towards rural areas as well.
Europe and North America, together, have been leading the global heavy electric vehicle & industrial equipment charging market. The steady rise in the heavy electric vehicle industry ensures that this scenario doesn’t change much in the near future.
North America will report a faster growth rate over the next few years, thanks to the manufacturers in this region, working on strengthening and diversifying their product portfolios. South Asia will also witness a decent growth in its heavy electric vehicle & industrial equipment charging market in the coming years.