Market Overview:
The global vehicle electric current collectors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles across the globe. In addition, government initiatives and regulations supporting the adoption of electric vehicles are also contributing to the growth of this market. The global vehicle electric current collectors market is segmented on the basis of type, application, and region. On the basis of type, it is divided into DC systems and AC systems. The DC systems segment is expected to hold a larger share in this market owing to its advantages such as high efficiency and low maintenance costs over AC systems. On the basis of application, it is divided into trolleybuses, trams, electric locomotives, and others (including buses and cars). The trolleybus segment accounts for a major share in this market due to their growing popularity across Europe and North America regions.
Product Definition:
Electric current collectors are devices used to collect electric current from a power source. They are commonly used in vehicles, where they are attached to the battery and used to power the vehicle's electrical systems. Electric current collectors are also found in other applications, such as wind turbines and photovoltaic arrays.
DC Systems:
DC systems are direct current circuits. They are used in electric vehicles (EV) for the measurement of vehicle battery voltage and for charging control purposes. The growth factor in this market is high owing to increasing government initiatives towards environmental protection, rising fuel prices, and growing awareness regarding carbon emissions from vehicles.
AC Systems:
Electric current collectors are used to measure the flow of electric charge in a circuit. The most commonly used devices for this purpose are ammeters and voltmeters. An electric current collector consists of two metal plates, one of which is connected to the positive terminal of the circuit and other to negative terminal.
Application Insights:
Trolleybuses accounted for the largest share of over 40.0% in 2017 and are projected to grow at a significant rate during the forecast period. The segment is expected to gain momentum from 2018 as several countries have started initiatives for increasing their electric trolleybus fleet size. For instance, in 2015, City Sightseeing Singapore launched new electric trolley buses on its popular tour route, which travels through Gardens By The Bay Circuit; these buses run on battery power only and do not require overhead wires like regular trolleys do. Similarly, Mexico City has plans to introduce around 300 new e-trolleys by 2019; this initiative is part of a broader plan by the government of Mexico known as ¢â‚¬Å“El MetroBús+,¢â‚¬ which aims at increasing passenger mobility across the city center over the next few years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing government investments in infrastructure development and rising demand for public transportation systems. For instance, China has initiated a massive project on electric vehicles (EVs) by 2020 with an investment of USD X billion. This initiative will help reduce carbon emission and provide employment opportunities to many people during construction as well as operation of EV charging stations across the country.
Europe accounted for more than 25% share in 2016 owing to stringent regulations implemented by governments across European countries regarding vehicle emissions and fuel consumption, which are major factors influencing industry growth. Moreover, growing trend towards reducing dependency on non- renewable sources such as coal for electricity generation is anticipated to drive product demand over the next eight years in Europe region also known as ‘the motherland’ of rail transport in 2017 by International Union Of Railways (UIC).
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for vehicle electric current collectors, as they are an essential component of electric vehicles.
- Technological advancements: The development of new and innovative technologies is aiding the growth of the vehicle electric current collectors market. For instance, the introduction of graphene-based current collectors has led to a reduction in weight and improved performance characteristics compared to traditional metal-based current collectors.
- Rising awareness about environmental benefits: There is a growing awareness among consumers about the environmental benefits offered by electric vehicles over traditional petrol or diesel-powered vehicles. This is leading more people to switch to electric cars, thereby driving demand for vehicle electronic current collectors market globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Electric Current Collectors Market Research Report
By Type
DC Systems, AC Systems
By Application
Trolleybuses, Trams, Electric Locomotives, Others
By Companies
Mogan Electrical Materials, Schunk Nordiska, Ghaziabad, Carboquip, Wabtec, Trans Tech, NBM Industries, Rajkot
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Electric Current Collectors Market Report Segments:
The global Vehicle Electric Current Collectors market is segmented on the basis of:
Types
DC Systems, AC Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Trolleybuses, Trams, Electric Locomotives, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mogan Electrical Materials
- Schunk Nordiska
- Ghaziabad
- Carboquip
- Wabtec
- Trans Tech
- NBM Industries
- Rajkot
Highlights of The Vehicle Electric Current Collectors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- DC Systems
- AC Systems
- By Application:
- Trolleybuses
- Trams
- Electric Locomotives
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vehicle Electric Current Collectors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vehicle electric current collectors are devices that use a magnetic field to collect electrical energy from moving vehicles. The collected energy is then used to power the vehicle's electrical system.
Some of the key players operating in the vehicle electric current collectors market are Mogan Electrical Materials, Schunk Nordiska, Ghaziabad, Carboquip, Wabtec, Trans Tech, NBM Industries, Rajkot.
The vehicle electric current collectors market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vehicle Electric Current Collectors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vehicle Electric Current Collectors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vehicle Electric Current Collectors Market - Supply Chain
4.5. Global Vehicle Electric Current Collectors Market Forecast
4.5.1. Vehicle Electric Current Collectors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vehicle Electric Current Collectors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vehicle Electric Current Collectors Market Absolute $ Opportunity
5. Global Vehicle Electric Current Collectors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vehicle Electric Current Collectors Market Size and Volume Forecast by Type
5.3.1. DC Systems
5.3.2. AC Systems
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vehicle Electric Current Collectors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vehicle Electric Current Collectors Market Size and Volume Forecast by Application
6.3.1. Trolleybuses
6.3.2. Trams
6.3.3. Electric Locomotives
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vehicle Electric Current Collectors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vehicle Electric Current Collectors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vehicle Electric Current Collectors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vehicle Electric Current Collectors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vehicle Electric Current Collectors Demand Share Forecast, 2019-2026
9. North America Vehicle Electric Current Collectors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vehicle Electric Current Collectors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vehicle Electric Current Collectors Market Size and Volume Forecast by Application
9.4.1. Trolleybuses
9.4.2. Trams
9.4.3. Electric Locomotives
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vehicle Electric Current Collectors Market Size and Volume Forecast by Type
9.7.1. DC Systems
9.7.2. AC Systems
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vehicle Electric Current Collectors Demand Share Forecast, 2019-2026
10. Latin America Vehicle Electric Current Collectors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vehicle Electric Current Collectors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vehicle Electric Current Collectors Market Size and Volume Forecast by Application
10.4.1. Trolleybuses
10.4.2. Trams
10.4.3. Electric Locomotives
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vehicle Electric Current Collectors Market Size and Volume Forecast by Type
10.7.1. DC Systems
10.7.2. AC Systems
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vehicle Electric Current Collectors Demand Share Forecast, 2019-2026
11. Europe Vehicle Electric Current Collectors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vehicle Electric Current Collectors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vehicle Electric Current Collectors Market Size and Volume Forecast by Application
11.4.1. Trolleybuses
11.4.2. Trams
11.4.3. Electric Locomotives
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vehicle Electric Current Collectors Market Size and Volume Forecast by Type
11.7.1. D Systems
11.7.2. AC Systems
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vehicle Electric Current Collectors Demand Share, 2019-2026
12. Asia Pacific Vehicle Electric Current Collectors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vehicle Electric Current Collectors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vehicle Electric Current Collectors Market Size and Volume Forecast by Application
12.4.1. Trolleybuses
12.4.2. Trams
12.4.3. Electric Locomotives
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vehicle Electric Current Collectors Market Size and Volume Forecast by Type
12.7.1. DC Systems
12.7.2. AC Systems
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vehicle Electric Current Collectors Demand Share, 2019-2026
13. Middle East & Africa Vehicle Electric Current Collectors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vehicle Electric Current Collectors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vehicle Electric Current Collectors Market Size and Volume Forecast by Application
13.4.1. Trolleybuses
13.4.2. Trams
13.4.3. Electric Locomotives
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vehicle Electric Current Collectors Market Size and Volume Forecast by Type
13.7.1. DC Systems
13.7.2. AC Systems
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vehicle Electric Current Collectors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vehicle Electric Current Collectors Market: Market Share Analysis
14.2. Vehicle Electric Current Collectors Distributors and Customers
14.3. Vehicle Electric Current Collectors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mogan Electrical Materials
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schunk Nordiska
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ghaziabad
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Carboquip
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wabtec
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Trans Tech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NBM Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rajkot
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
