Electric Vehicles Market Analysis by Region, Propulsion Type (BEV, FHEV, MHEV, PHEV, EREV, FCEV), End-user Type (Personal, Commercial) and Forecast, 2021-2030

Electric Vehicles Market Analysis by Region, Propulsion Type (BEV, FHEV, MHEV, PHEV, EREV, FCEV), End-user Type (Personal, Commercial) and Forecast, 2021-2030

Summary

The global electric vehicles market is projected to grow from 13.8 million units in 2021 to 64.3 million units at a CAGR of 18.7% during the forecast period (2022-2030). The global electric vehicles market report provides an executive-level overview of the current EV market worldwide, with detailed forecasts of key indicators up to 2030.

This market intelligence report offers a thorough, forward-looking analysis of the electric vehicles market and key opportunities in a concise format to help executives build proactive and profitable growth strategies.

The global electric vehicles market is projected to grow from 13.8 million units in 2021 to 64.3 million units at a CAGR of 18.7% during the forecast period (2022-2030). Rising awareness about global warming and measures taken by governments across the world to promote the usage of environment-friendly transportation is expected to bode well for market growth over the forecast period. Furthermore, investments in the research and development of advanced electric vehicle technologies by automotive and technology companies are anticipated to drive market growth over the next few years.

Scope

• This report provides overview and addressable market for electric vehicles.
• It identifies the key drivers and challenges impacting growth of the market over the next 3 to 4 years.
• It includes global market forecasts for the electric vehicles industry and analysis of patents, M&A, venture financing and social media activity.
• The detailed value chain consists of four main aspects: batteries, semiconductors, auto components, assembly and charging.

• This market intelligence report offers a thorough, forward-looking analysis of the electric vehicles market and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
• Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in global electric vehicle markets.
• The report also highlights key propulsion type segments (Battery electric vehicle (BEV), Fuel cell electric vehicle (FCEV), Full hybrid electric vehicle (FHEV), Plug-in hybrid electric vehicle (PHEV), Extended range electric vehicle (EREV), Mild hybrid electric vehicle (MHEV)), end user type segments (personal vehicles and commercial vehicles)
• With more than 50 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
• The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players that enable executives to quickly get up to speed with the current and emerging trends in electric vehicle markets.
• The broad perspective of the report, coupled with comprehensive, actionable detail, will help electric vehicle vendors, service providers, and other players succeed in the growing electric vehicles market globally.