We design and manufacture the systems that define the way the world moves forward and accelerate the world’s transformation to clean mobility.| www.borgwarner.com
The global electric car market size was estimated at USD 155.13 billion in 2024 and is expected to attain around USD 532.13 billion by 2034 with a CAGR of 13.12%.| www.precedenceresearch.com
The global battery technology market size was estimated at USD 121.33 billion in 2024 and is expected to surge around USD 256.08 billion by 2034 with a CAGR of 7.76%.| www.precedenceresearch.com
The plug-in hybrid electric vehicles (PHEV) market size is projected to surpass around USD 353.04 billion by 2034 from USD 145.08 billion in 2024 with a CAGR of 9.30%.| www.precedenceresearch.com
The global battery market size was calculated at USD 146.20 billion in 2024 and it is expected to surge around USD 680.85 billion by 2034 with a CAGR of 16.63%.| www.precedenceresearch.com
The global electric vehicle market size is expected to be worth over USD 2,529.10 billion by 2034 from USD 988.70 billion in 2025, marking a solid CAGR of 11% from 2025 to 2034.| www.precedenceresearch.com
The global predictive maintenance market size is calculated at USD 7.24 billion in 2024 and is projected to hit around USD 79.70 billion by 2034 with a CAGR of 27.10%.| www.precedenceresearch.com
The electric motor market size was valued at USD 167.73 billion in 2024 and is expected to hit around USD 341.72 billion by 2034, growing at a CAGR of 7.38% from 2025 to 2034.| www.precedenceresearch.com
ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology.| www.zf.com
The global artificial intelligence (AI) market size was calculated at USD 638.23 billion in 2025 and is projected to hit around USD 3,680.47 billion by 2034 with a a CAGR of 19.20%.| www.precedenceresearch.com