Electric Vehicle Market by Component (EV Battery Cells & Packs, Infotainment System, Instrument Cluster), Propulsion Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Plug-In Hybrid Electric Vehicle), Charging Station Type, Charging Station Inst

Electric Vehicle Market by Component (EV Battery Cells & Packs, Infotainment System, Instrument Cluster), Propulsion Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Plug-In Hybrid Electric Vehicle), Charging Station Type, Charging Station Installation Type, Charging Infrastructure, Vehicle Type - Global Forecast 2023-2030


The Electric Vehicle Market size was estimated at USD 229.68 billion in 2022 and expected to reach USD 269.72 billion in 2023, at a CAGR 17.57% to reach USD 838.55 billion by 2030 .

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Electric Vehicle Market.
  • Based on Component, market is studied across EV Battery Cells & Packs, Infotainment System, Instrument Cluster, and On-Board Charger. The EV Battery Cells & Packs is projected to witness significant market share during forecast period.
  • Based on Propulsion Type, market is studied across Battery Electric Vehicle, Fuel Cell Electric Vehicle, and Plug-In Hybrid Electric Vehicle. The Fuel Cell Electric Vehicle is projected to witness significant market share during forecast period.
  • Based on Charging Station Type, market is studied across Inductive Charging, Normal Charging, and Super Charging. The Inductive Charging is projected to witness significant market share during forecast period.
  • Based on Charging Station Installation Type, market is studied across Commercial and Residential. The Residential is projected to witness significant market share during forecast period.
  • Based on Charging Infrastructure, market is studied across Type 1, Type 2, Type 3 CCS, and Type 4 CHAdeMO. The Type 2 is projected to witness significant market share during forecast period.
  • Based on Vehicle Type, market is studied across Agricultural Vehicle, Bus & Coach, Forklift, Port Vehicle, & Internal Container Handling Vehicle, Heavy & Special Duty Truck, Light Electric Vehicle, Medium & Heavy Duty Vehicle, and Passenger Car. The Heavy & Special Duty Truck is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Electric Vehicle Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Electric Vehicle Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Electric Vehicle Market, highlighting leading vendors and their innovative profiles. These include Alcraft Motor Company Ltd, BMW Group, BYD Company Limited, Continental AG, Daimler AG, Ford Motor Company, Honda Motor Co., Ltd., Hyundai Motor Group, Kia Corporation, Nissan Motor Co., Ltd., Rivian, LLC, Tesla, Inc., Toyota Motor Corporation, Volkswagen AG, and Volvo Car Corporation.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Electric Vehicle Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Electric Vehicle Market?
  3. What is the competitive strategic window for identifying opportunities in the Electric Vehicle Market?
  4. What are the latest technology trends and regulatory frameworks in the Electric Vehicle Market?
  5. What is the market share of the leading vendors in the Electric Vehicle Market?
  6. Which modes and strategic moves are suitable for entering the Electric Vehicle Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Electric Vehicle Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Heavy investments from automakers in electric vehicles
5.1.1.2. Favorable government policies and subsidies
5.1.1.3. Need for increased vehicle range per charge
5.1.2. Restraints
5.1.2.1. Lack of standardization of charging infrastructure
5.1.3. Opportunities
5.1.3.1. Use of vehicle-to-grid electric vehicle charging stations
5.1.3.2. Electric vehicle charging stations powered by renewable energy
5.1.4. Challenges
5.1.4.1. High cost of electric vehicle in comparison with ICE vehicles
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
5.10.1. Shipment Analysis & Trend
5.10.2. Shared Mobility
5.10.3. Smart Charging System
6. Electric Vehicle Market, by Component
6.1. Introduction
6.2. EV Battery Cells & Packs
6.3. Infotainment System
6.4. Instrument Cluster
6.5. On-Board Charger
7. Electric Vehicle Market, by Propulsion Type
7.1. Introduction
7.2. Battery Electric Vehicle
7.3. Fuel Cell Electric Vehicle
7.4. Plug-In Hybrid Electric Vehicle
8. Electric Vehicle Market, by Charging Station Type
8.1. Introduction
8.2. Inductive Charging
8.3. Normal Charging
8.4. Super Charging
9. Electric Vehicle Market, by Charging Station Installation Type
9.1. Introduction
9.2. Commercial
9.3. Residential
10. Electric Vehicle Market, by Charging Infrastructure
10.1. Introduction
10.2. Type 1
10.3. Type 2
10.4. Type 3 CCS
10.5. Type 4 CHAdeMO
11. Electric Vehicle Market, by Vehicle Type
11.1. Introduction
11.2. Agricultural Vehicle
11.3. Bus & Coach
11.4. Forklift, Port Vehicle, & Internal Container Handling Vehicle
11.5. Heavy & Special Duty Truck
11.6. Light Electric Vehicle
11.7. Medium & Heavy Duty Vehicle
11.8. Passenger Car
12. Americas Electric Vehicle Market
12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States
13. Asia-Pacific Electric Vehicle Market
13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam
14. Europe, Middle East & Africa Electric Vehicle Market
14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom
15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player
16. Competitive Portfolio
16.1. Key Company Profiles
16.1.1. Alcraft Motor Company Ltd
16.1.2. BMW Group
16.1.3. BYD Company Limited
16.1.4. Continental AG
16.1.5. Daimler AG
16.1.6. Ford Motor Company
16.1.7. Honda Motor Co., Ltd.
16.1.8. Hyundai Motor Group
16.1.9. Kia Corporation
16.1.10. Nissan Motor Co., Ltd.
16.1.11. Rivian, LLC
16.1.12. Tesla, Inc.
16.1.13. Toyota Motor Corporation
16.1.14. Volkswagen AG
16.1.15. Volvo Car Corporation
16.2. Key Product Portfolio
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing

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