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Electric Vehicle Market Size, Share, and Analysis, By Vehicle Type (Passenger Vehicles, Heavy Commercial Vehicles, Two-Wheelers, E-Scooters & Bikes, Light Commercial Vehicles), By Propulsion Type (Hybrid Vehicles, Battery Electric Vehicles, Fuel Cell Elec

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from $4,950 409 Pages Fatpos Global September, 2023 FAGL18367056
Best Price Guarantee
Price from $4,950
Length 409 Pages
Publisher Fatpos Global
Published Date September, 2023
SKU FAGL18367056

Electric Vehicle Market Size, Share, and Analysis, By Vehicle Type (Passenger Vehicles, Heavy Commercial Vehicles, Two-Wheelers, E-Scooters & Bikes, Light Commercial Vehicles), By Propulsion Type (Hybrid Vehicles, Battery Electric Vehicles, Fuel Cell Electric Vehicles), By Power Output (Less than 100 kW, 100 kW to 250 kW, More than 250 kW), By End Use (Private Use, Commercial Use, Industrial Use), By Charging Point Type (Super Charging, Normal Charging) and Regional Forecasts, 2022-2032


Electric Vehicle Market Size, Share, and Analysis, By Vehicle Type (Passenger Vehicles, Heavy Commercial Vehicles, Two-Wheelers, E-Scooters & Bikes, Light Commercial Vehicles), By Propulsion Type (Hybrid Vehicles, Battery Electric Vehicles, Fuel Cell Electric Vehicles), By Power Output (Less than 100 kW, 100 kW to 250 kW, More than 250 kW), By End Use (Private Use, Commercial Use, Industrial Use), By Charging Point Type (Super Charging, Normal Charging) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Electric Vehicle Market size was USD 168.83 billion in 2021 and projected to grow from USD 260.3 billion in 2023 to USD 1881.2 billion by 2032, exhibiting a CAGR of 24.5% during the forecast period.

An electric vehicle (EV) utilizes one or more electric motors for propulsion and can be powered by a collector system or powered autonomously by a battery. An EV is a machine that operates on an electronic motor which provide rise to power by burning a combination of fuels and gases. Several developments in technology like cloud-connected charging devices and fast charging are strengthening the electric vehicle market. The increasing demand for electronic car production is expected to boost the market growth.

MARKET HIGHLIGHTS

Electric Vehicle Market is expected to reach USD 1881.2 billion, growing at a CAGR of 24.5% during forecast period due to the increasing prices of fuel and appealing incentives being offered by the government for purchase of EV is resulting in the growth of the market. Increasing environmental issues is leading the governments and environmental agencies to set stringent emission norms to reduce the pollution caused due to vehicle emissions. Various incentives and policies set by governments help in reducing the selling prices, free charging infrastructure of EVs at multiple charging stations etc. which is expected to boost the growth of the Electric Vehicle Market.

Electric Vehicle Market Segments:
  • Vehicle Type
  • Passenger Vehicles
  • Heavy Commercial Vehicles
  • Two-Wheelers
  • E-Scooters & Bikes
  • Light Commercial Vehicles
  • Propulsion Type
  • Hybrid Vehicles
  • Battery Electric Vehicles
  • Fuel Cell Electric Vehicles
  • Power Output
  • Less than 100 kW
  • 100 kW to 250 kW
  • More than 250 kW
  • End Use
  • Private Use
  • Commercial Use
  • Industrial Use
  • Charging Point Type
  • Super Charging
  • Normal Charging
MARKET DYNAMICS

Growth Drivers

Low Cost of EVs is Expected to Boost the Growth of the Market

Growing Initiatives by Government is Expected to Boost the Growth of the Market

Restraint

Inefficient Charging Infrastructure May Restrain the Growth of the Market

Key Players
  • General Motors
  • Mahindra Electric Mobility Limited
  • Chevrolet Motor Company
  • Hyundai Motor Company
  • BMW AG
  • BYD Company Limited
  • Benling India Energy and Technology Pvt Ltd
  • Mercedes
  • Ford Motor Company
  • Lucid Group, Inc.
  • Hero Electric
  • Karma Automotive
  • Kia Corporation
  • Energica Motor Company S.p.A.
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*


1. Executive Summary
1.1.Regional Market Share
1.2. Business Trends
1.3. Electric Vehicle Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1. Market Definition
3.2.Electric Vehicle Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. Electric Vehicle Market – Industry Insights
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7.Market Dynamics
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. Risk Analysis
9. Market Analysis
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. Electric Vehicle Market
10.1.Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.Electric Vehicle Market Size & Forecast 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Vehicle Type
11.3.1.1. Passenger Vehicles
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2.Market Share (%) 2022-2032F
11.3.1.1.3.Y-o-Y Growth (%) 2022-2032F
11.3.1.2.Heavy Commercial Vehicles
11.3.1.2.1.By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3.Two-Wheelers
11.3.1.3.1.By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.4.E-Scooters & Bikes
11.3.1.4.1.By Value (USD Million) 2022-2032F
11.3.1.4.2. Market Share (%) 2022-2032F
11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.5.Light Commercial Vehicles
11.3.1.5.1.By Value (USD Million) 2022-2032F
11.3.1.5.2. Market Share (%) 2022-2032F
11.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Propulsion Type
11.3.2.1.Hybrid Vehicles
11.3.2.1.1.By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Battery Electric Vehicles
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2.Market Share (%) 2022-2032F
11.3.2.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Fuel Cell Electric Vehicles
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2.Market Share (%) 2022-2032F
11.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.3. By Power Output
11.3.3.1.Less than 100 kW
11.3.3.1.1.By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. 100 kW to 250 kW
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2.Market Share (%) 2022-2032F
11.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.3. More than 250 kW
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2.Market Share (%) 2022-2032F
11.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.4. By End Use
11.3.4.1.Private Use
11.3.4.1.1.By Value (USD Million) 2022-2032F
11.3.4.1.2. Market Share (%) 2022-2032F
11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.2. Commercial Use
11.3.4.2.1. By Value (USD Million) 2022-2032F
11.3.4.2.2.Market Share (%) 2022-2032F
11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.3. Industrial Use
11.3.4.3.1. By Value (USD Million) 2022-2032F
11.3.4.3.2. Market Share (%) 2022-2032F
11.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.5. By Charging Point Type
11.3.5.1.Super Charging
11.3.5.1.1.By Value (USD Million) 2022-2032F
11.3.5.1.2. Market Share (%) 2022-2032F
11.3.5.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.5.2. Normal Charging
11.3.5.2.1. By Value (USD Million) 2022-2032F
11.3.5.2.2.Market Share (%) 2022-2032F
11.3.5.2.3.Y-o-Y Growth (%) 2022-2032F
12. North America Electric Vehicle Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Vehicle Type
12.3.2.By Propulsion Type
12.3.3.By Power Use
12.3.4.By End Use
12.3.5.By Charging Point Type
12.4. Country
12.4.1.United States
12.4.2. Canada
13. Europe Electric Vehicle Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Vehicle Type
13.3.2.By Propulsion Type
13.3.3.By Power Use
13.3.4.By End Use
13.3.5.By Charging Point Type
13.4. Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. Asia Electric Vehicle Market Size & Forecast 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Vehicle Type
14.3.2.By Propulsion Type
14.3.3.By Power Use
14.3.4. By End Use
14.3.5.By Charging Point Type
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. Middle East and Africa Electric Vehicle Market Size & Forecast 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Vehicle Type
15.3.2.By Propulsion Type
15.3.3.By Power Use
15.3.4.By End Use
15.3.5.By Charging Point Type
15.4. Country
15.4.1.Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Electric Vehicle Market Size & Forecast 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Vehicle Type
16.3.2.By Propulsion Type
16.3.3.By Power Use
16.3.4.By End Use
16.3.5.By Charging Point Type
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1. Company market share, 2021
17.2.Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1.General Motors
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Mahindra Electric Mobility Limited
18.3. Chevrolet Motor Company
18.4.Hyundai Motor Company
18.5. BMW AG
18.6. BYD Company Limited
18.7. Benling India Energy and Technology Pvt Ltd
18.8.Mercedes
18.9. Ford Motor Company
18.10. Lucid Group, Inc.
18.11.Hero Electric
18.12.Karma Automotive
18.13.Kia Corporation
18.14. Energica Motor Company S.p.A.
18.15. Other Prominent Players
19. Appendix
20.Consultant Recommendation

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