Energy Storage

The electric vehicle business will grow rapidly to over $1.5 billion in 2029, with the largest percentage being batteries. However, that percentage will peak with cost reduction and some being replaced by supercapacitors.

IDTechEx Chairman, Dr Peter Harrop, discusses the rise of electric school buses with a focus on China and America

The on-road electric vehicle industry knows it is headed for a vicious fight to the death as the biggest category, private cars, collapses due to people moving to cities and nothing compensates for saturation of the Chinese electric bus market. In contrast, off-road EVs will be prosperous growth markets.

The brand new IDTechEx report 'Electric and Hybrid Boats and Ships 2019 - 2029' expects investment to accelerate after 2020. Since the early 2010s, sales of pure electric and hybrid vessels have grown steadily, mainly driven by the need to reduce local pollution of NOx, SOx and particulate matter in a handful of emission control areas (ECA) that are local to coastlines.

Advancements in material science and material processing will always play a central role in any technological progression. IDTechEx has been providing leading market analysis on a broad range of advanced materials and their technology analysts have given their pick of the key news stories from 2018.

Cities are increasingly crowded: real estate is in short supply. Servicing buses needs to be as infrequent as possible and that means having the simplest powertrain, which is the pure electric vehicle.

Fuel cell vehicles are being trialled in mines, on farms, in construction, on roads, as boats, as trains.

The unique new IDTechEx report, "Zero Emission Transportable Gensets 2019-2039" reveals that orders are being taken for a new type of electricity generation. It will be the mobile phone of the power industry because it will be remarkably versatile and used far more widely than anything that went before.

Approximately 3,500 attendees from 42 countries attended the IDTechEx Show!, which featured 284 exhibiting organizations. The event, held in Santa Clara, California, is unique in bringing together eight key technologies with the organizations that seek to use them.

Dr Peter Harrop, chairman of IDTechEx, discusses Witt Energy, a novel method of energy harvesting, which can harvest a variety of natural energy: wind, water, movement, etc.