Electric Passenger Cars Market Intelligence Report - Global Forecast to 2027

Electric Passenger Cars Market Intelligence Report - Global Forecast to 2027

The Global Electric Passenger Cars Market is projected to reach USD 203.11 billion by 2027 from USD 130.68 billion in 2021, at a CAGR 7.62% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Electric Passenger Cars Market size was estimated at USD 30.33 billion in 2021 and expected to reach USD 31.87 billion in 2022, at a CAGR 7.01% to reach USD 45.56 billion by 2027.
• The Asia-Pacific Electric Passenger Cars Market size was estimated at USD 55.26 billion in 2021 and expected to reach USD 59.43 billion in 2022, at a CAGR 7.83% to reach USD 86.89 billion by 2027.
• The Europe, Middle East & Africa Electric Passenger Cars Market size was estimated at USD 45.08 billion in 2021 and expected to reach USD 48.40 billion in 2022, at a CAGR 7.77% to reach USD 70.65 billion by 2027.

Market Segmentation & Coverage:

The report on electric passenger cars identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the electric passenger cars to forecast the revenues and analyze the trends in each of the following sub-markets:

Vehicle Type:

• Hatchback
• Sedan
• SUV

Product:

• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicle (PHEV)

Driving Range:

• Above 150 Miles
• Up to 150 Miles

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • Alabama
    • California
    • Illinois
    • Indiana
    • Kentucky
    • Michigan
    • Mississippi
    • Missouri
    • Ohio
    • Tennessee
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Audi AG
• BMW AG
• BYD Company Ltd.
• Daimler AG
• Ford Motor Company
• Hyundai Motor Company
• Karma Automotive LLC
• Kia Corporation
• Lucid Group, Inc.
• Mahindra Electric Mobility Limited
• Mitsubishi Motors Corporation
• Nissan Motor Co., Ltd.
• Rivian, LLC
• SAIC Motor Corporation Limited
• Tesla, Inc.
• Toyota Motor Corporation
• Volkswagen AG

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 130.68 billion

Estimated Year Value: USD 139.72 billion

Forecast Year Value: USD 203.11 billion

CAGR (%): 7.62%.

Please Note: PDF & Excel + Online Access - 1 Year