Digital Lifescapes

The time has come. The global transition to electric vehicles (EVs) is rapidly accelerating, propelled by government initiatives to reduce carbon emissions and mitigate climate change.  As concerns over the environmental impact of traditional internal combustion engine (ICE) vehicles mount, nations worldwide are implementing aggressive policies to spur the adoption of EVs and the deployment of vehicle battery charging infrastructure. According to the latest global market study by Juniper Research, this driving force of progressive government intervention is catalyzing EV transformation growth. Electric Vehicle Market Development Juniper analysts have reviewed the pivotal role government policies are playing in shaping the future of the EV market. They highlight the various incentives, subsidies, and mandates introduced by countries globally to encourage rapid EV adoption. One of the most striking findings from the Juniper Research study is the projected 194 percent growth in the to...

Government decarbonization targets are specific goals set to significantly reduce or eliminate carbon dioxide and other greenhouse gas emissions. These targets are a critical component of global efforts to combat current climate change risks. Governments establish these goals to mitigate the adverse effects of climate change by promoting the adoption of renewable energy sources, enhancing energy efficiency, and sustainable transportation. These targets typically involve setting a timeline with measurable milestones to track progress and ensure accountability toward a cleaner, healthier planet for future generations. Electric Vehicle Market Development With the growing government decarbonization targets, Electric Vehicle (EV) production will increase rapidly this decade. New EV adoption will require a corresponding growth in EV battery output. According to the latest worldwide market study by ABI Research, global EV battery output production will increase nearly six times to 2,585 GWh b...

Battery power management is a critical technology for the evolution of Electric Vehicles (EVs). It's the process of optimizing the use of battery energy to maximize the range and performance of an EV.  A Battery Management System (BMS) can monitor the battery's state of health and use a variety of algorithms to control the charging and discharging of the battery. BMSs can also help to improve the efficiency of the EV by reducing energy loss. Advanced BMS software could save automakers $18 billion annually in 2030, equivalent to $76 billion cumulatively from 2024. ABI Research finds that intelligent BMS software can reduce the size of EV batteries without reducing their range. This performance efficiency helps to cut the cost of manufacturing EVs, enabling automakers to mitigate the effects of limited battery production and achieve greater profitability. Battery Management System Market Development "OEMs are struggling with two competing issues: the demand from customers fo...

During 2022, fuel prices increased very quickly, partly due to a number of macroeconomic reasons. In fact, the effects of the global COVID-19 pandemic are still impacting fuel prices, with many oil refineries having reduced capacity due to a prior fall in demand. Those significant events and other trends have created a demand for a growing variety of Electric Vehicles (EVs). While EVs have existed for decades, they really became a viable option for more consumers during the past five years. However, although EVs are suitable for some buyer needs, their usability is constrained by the current availability of battery charging infrastructure. EV Charging Market Development According to the latest worldwide market study by Juniper Research, revenue from electric vehicle charging will exceed $300 billion globally by 2027 -- that's up from $66 billion in 2023. Regardless, the Juniper analysis found that fragmentation in battery charging networks is restricting further EV adoption in some...

As the Internet of Things ( IoT ) evolves, and more wireless device applications require smartphone tethering in order to function, there's a key component that has the potential to severely limit progress -- the rechargeable battery. Batteries and charging capacity are two of the biggest limitations of most mobile devices. While the computing, display, audio and connectivity capabilities of these devices have accelerated at a rapid pace, power capacity of lithium-ion batteries has barely increased by around 6 percent each year. That said, battery-charging technology is about to get a boost. Juniper Research has found that wireless charging is poised to change the way consumers interact with their cars, with an estimated 50 million vehicles offering built-in wireless device charging by 2020, compared with only 4 million this year. The latest Juniper market study found that the technology will enable a range of new in-vehicle services, such as on-board audio streaming and cont...

The world's largest consumer electronics companies -- such as Apple, LG and Samsung -- have moved into the development of flexible battery technology, according to the latest global market study by IDTechEx Research . That recent event is due to progress in the wearable technology market, which will help drive the flexible battery market from $ 6.9 million in 2015 to over $ 400 million in 2025. Wearable electronics and Internet of Things ( IoT ) devices will increasingly require superior battery attributes such as thinness, flexibility, light weight and low charging thresholds that will ultimately create new applications. Indeed, they already have evolved -- as an example, the powered cosmetic skin patch from Estee Lauder using a printed battery can claim to be one of the earliest successes of flexible wearable electronics. According to the IDTechEx assessment, investment in flexible batteries is one of the key areas of progress for wearable electronics market development....

ABI Research forecasts that the installed base of mobile devices -- smartphones, smart wearables, media tablets, and notebook PCs -- will reach 8 billion by 2019, providing a huge installed base for rechargeable batteries and charging solutions. Mobile device hardware, software, and usage have developed at an incredible rate in recent years, from network speeds, to screen resolution and size, to processing power. End user’s reliance on their smartphones also grows and grows, with mobile data usage experiencing exponential growth. One crucial part of the overall solution, battery life and charging technology, has been a laggard to date. Leaders in the mobile device sector now believe that this poor performance is unacceptable. Short battery life remains the biggest irritation to smartphone users and is a clear opportunity for handset vendors and mobile network service providers to improve the user experience by adopting new, longer-lasting battery technologies. "Additionall...

Ultra-mobile computing could far outsell desktop and notebook PCs in the long-run, and is now garnering much attention from semiconductor firms, according to the latest market study by In-Stat. Apparently, Intel is gearing up to do battle with ARM -- the RISC-based, incumbent, intellectual property (IP) company that has dominated the embedded mobile semiconductor market for consumer electronics devices for much of this decade. "Mobile devices are now performing many more computing-related tasks than in the past, thus, placing additional performance and power demands on processors," says Jim McGregor, In-Stat analyst. "But battery technology cannot currently keep pace with these ever-increasing demands and, at the same time, consumers want compact mobile devices that they can easily slip into a pocket, precluding the use of a larger battery. Processing solutions that offer high-performance, while limiting power consumption, are needed." The In-Stat research covers th...