Global Zero Emission Vehicle (ZEV) Market Growth 2023-2029

Global Zero Emission Vehicle (ZEV) Market Growth 2023-2029

A zero-emissions vehicle is a vehicle that never emits exhaust gas from the onboard source of power; generally refers to electric vehicles.
LPI (LP Information)' newest research report, the “Zero Emission Vehicle (ZEV) Industry Forecast” looks at past sales and reviews total world Zero Emission Vehicle (ZEV) sales in 2022, providing a comprehensive analysis by region and market sector of projected Zero Emission Vehicle (ZEV) sales for 2023 through 2029. With Zero Emission Vehicle (ZEV) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Zero Emission Vehicle (ZEV) industry.
This Insight Report provides a comprehensive analysis of the global Zero Emission Vehicle (ZEV) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Zero Emission Vehicle (ZEV) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Zero Emission Vehicle (ZEV) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Zero Emission Vehicle (ZEV) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Zero Emission Vehicle (ZEV).
The global Zero Emission Vehicle (ZEV) market size is projected to grow from US$ 87470 million in 2022 to US$ 364450 million in 2029; it is expected to grow at a CAGR of 364450 from 2023 to 2029.
The leading manufactures mainly are Tesla, BYD, SAIC, BAIC, BMW, Hyundai & Kia, GEELY, Nissan, Volkswagen, Renault, JAC, TOYOTA , Mitsubishi, Chery, VOLVO, GAC Motor, etc. Tesla is the largest manufacturer; its revenue of global market exceeds 31% in 2019.
Geographically, the global Zero Emission Vehicle (ZEV) production market has been segmented into United States, Europe, China, Japan, others. The China held the largest share in the global market, its revenue of global market exceeds 47% % in 2019. The next is Europe.
There are mainly two-type product of Zero Emission Vehicle (ZEV) market: BEV and PHEV. In 2020, BEV accounted for a major share of 61% the global Zero Emission Vehicle (ZEV) market. In addition, the applications of Zero Emission Vehicle (ZEV) are classified as home use and commercial use.
This report presents a comprehensive overview, market shares, and growth opportunities of Zero Emission Vehicle (ZEV) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
BEV
PHEV
Segmentation by application
Home Use
Commercial Use
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Tesla
BYD
SAIC
BAIC
BMW
Hyundai & Kia
GEELY
Nissan
Volkswagen
Renault
JAC
TOYOTA
Mitsubishi
Chery
VOLVO
GAC Motor

Key Questions Addressed in this Report
What is the 10-year outlook for the global Zero Emission Vehicle (ZEV) market?
What factors are driving Zero Emission Vehicle (ZEV) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Zero Emission Vehicle (ZEV) market opportunities vary by end market size?
How does Zero Emission Vehicle (ZEV) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.