Global Gas Engines for Drones and Electric Vehicles Market is Estimated to Reach $3.3
Global Gas Engines For Drones And Electric Vehicles Market report published by Accurize Market Research forecast that the global market is expected to reach $3.3 billion by 2025; growing at a CAGR of 5.9% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Rapid urbanization, rising population and improving technology across the globe to drive the growth of the market
Rapid urbanization, rising population and improving technology fuels the demand for the global gas engines for drones and electric vehicles market. Furthermore, research and development investment and rising disposable income also boost the growth of the market.
The global gas engines for drones and electric vehicles market has been bifurcated on the basis of technology type, application, and geography. The technology type segment includes gas engines for electric vehicles, electric motors for hybrid electric vehicles and gas engines for drones. Further, the application segment includes electric vehicles, hybrid power sources, and drones. By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).
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