
New Delhi, India – May 27, 2025 – The global market for Modular Battery Disconnect Units (BDUs), a critical safety component in electric vehicles (EVs) and energy storage systems, is poised for significant expansion, projected to soar from US$ 320 million in 2024 to US$ 878 million by 2031, demonstrating a robust Compound Annual Growth

Executive Summary: The global market for electric Vertical Take-Off and Landing (eVTOL) chargers is currently in its nascent stages, estimated to be worth US$ 1.3 million in 2024.1 However, significant growth is anticipated over the next decade, with forecasts projecting a readjusted market size of US$ 36.1 million by 2031, representing a Compound Annual Growth

From 2025 to 2031, the Global EV Charging Infrastructure Development Services industry is set for sustained exponential growth, driven by government mandates, grid digitization, e-mobility adoption, and capital inflow from utilities, OEMs, and private equity. The industry will transform from hardware-focused deployment to grid-integrated, software-optimized, and monetized energy systems. EV adoption will cross 30% of