Saudi Arabia Battery Cooling Plate Market Outlook

the demand for saudi arabia battery cooling plate market is projected to significantly increase in the coming years, owing to increasing demand for electric vehicles across the middle east. government of saudi arabia is focusing on encouraging the use of renewable energy sources in the transportation sector. in line with this, in 2018, they amended vision 2030, which aims to increase the share of electric cars in the national fleet from 0.9% to 30%, over the next decade. moreover, saudi arabia is installing several charging stations across the kingdom so that the electric vehicles users can charge their vehicles. this is another major factor which is expected to drive the demand for battery cooling plate market over the forecast period. in addition, the regulations have tightened the use of transportation based on non-renewable fuels and the focus has shifted to use of electric vehicles. rising awareness among the public regarding the advantages of electric vehicles over gasoline vehicles coupled with several government initiatives is projected to positively impact the demand of battery cooling plates in the near future. however, in order to fulfill the expected demand of the saudi arabia battery cooling plate market, significant investments needs to be done in terms of infrastructure. also, there is lack of skilled workers for better implementation of the same. overall, the saudi arabia battery cooling plate market is expected to witness significant growth over the coming years, due to higher demand for electric vehicles and rising awareness for the same. manufacturers across the industry are likely to adapt to the advanced technologies to cater to growing demand. government of saudi arabia should focus on creating infrastructure, in terms of charging station and skilled workers for better and easier usage of electric vehicles.