Electrification Outside Automotive: A Trillion Dollar Market, Reports IDTechEx
These markets are at an earlier stage of electrification but are making significant progress.
- These markets are at an earlier stage of electrification but are making significant progress.
- Much of the European market has been underpinned by Chinese OEMs, but local supply is now starting to ramp up.
- The IDTechEx report covers when the different players expect to become commercial and market forecasts through to 2044.
- Electrification is at varying stages in each category mentioned above but is growing in each sector.