The Electric Vehicles Market is expected to be around US$ 186 Billion by 2027 at a CAGR of 11.0% in the given forecast period.
Growing concern relating to environmental pollution is one of the basic reasons to drive the Electric vehicle Market. The worldwide electric vehicles market is driven by a mix of political, monetary, and mechanical factors coupled with the impact of a progressively arranged mass-market electric vehicle. One of the main factors that drives the Electric Vehicles Market is the government subsidies pouring in this sector at the time of purchase, post purchase and charging infrastructures.
The electrification of the transportation division through the dissemination of module electric vehicles (EVs), combined with cleaner power age, is viewed as a promising pathway to diminish air pollution from on-street vehicles and to strengthen energy security. Not the same as traditional fuel vehicles with interior burning motors, plug-in Electric Vehicles (EVs) use power put away in battery-powered batteries to control the engine, and the power originates from outer power sources. At the point when worked taking all things together electric mode, EVs consume no fuel and produce zero tailpipe emissions.
The global Electric Vehicles market is segregated on the basis of Vehicle as Passenger Cars, Commercial Vehicles, and Two-wheelers. Based on Power Source the global Electric Vehicles market is segmented in On-Board Electric Generator and Stored Electricity. Based on Product the global Electric Vehicles market is segmented in Plug-in Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV), Battery Electric Vehicle (BEV), and Hybrid Electric Vehicle (HEV).
The global Electric Vehicles market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Electric Vehicles market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Mercedes-Benz, Nissan, Toyota, Yamaha, Ford, Audi, BMW, Volkswagen, Honda, Hyundai, and others are among the major players in the global Electric Vehicles market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Electric Vehicles Market has been segmented as below:
Electric Vehicles Market, By Vehicle
Electric Vehicles Market, By Power Source
Electric Vehicles Market, By Product
Electric Vehicles Market, By Region
Electric Vehicles Market, By Company
The report covers:
Report Scope:
The global Electric Vehicles market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Electric Vehicles market share. Major industry players with significant revenue share include Mercedes-Benz, Nissan, Toyota, Yamaha, Ford, Audi, BMW, Volkswagen, Honda, Hyundai, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Electric Vehicles Market, By Vehicle
5.1 Introduction
5.2 Passenger Cars
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Commercial Vehicles
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Two-wheelers
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Electric Vehicles Market, By Power Source
6.1 Introduction
6.2 On-Board Electric Generator
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Stored Electricity
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Electric Vehicles Market, By Product
7.1 Introduction
7.2 Plug-in Hybrid Electric Vehicle (PHEV)
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Fuel Cell Electric Vehicle (FCEV)
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Battery Electric Vehicle (BEV)
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Hybrid Electric Vehicle (HEV)
7.5.1 Market Overview
7.5.2 Market Size and Forecast
8. Electric Vehicles Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Electric Vehicles, By Vehicle
8.2.2 North America Electric Vehicles, By Power Source
8.2.3 North America Electric Vehicles, By Product
8.3 Europe
8.3.1 Europe Electric Vehicles, By Vehicle
8.3.2 Europe Electric Vehicles, By Power Source
8.3.3 Europe Electric Vehicles, By Product
8.4 Asia-Pacific
8.4.1 Asia-Pacific Electric Vehicles, By Vehicle
8.4.2 Asia-Pacific Electric Vehicles, By Power Source
8.4.3 Asia-Pacific Electric Vehicles, By Product
8.5 Rest of the World
8.5.1 Rest of the World Electric Vehicles, By Vehicle
8.5.2 Rest of the World Electric Vehicles, By Power Source
8.5.3 Rest of the World Electric Vehicles, By Product
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Mercedes-Benz
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Nissan
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Toyota
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Yamaha
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Ford
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Audi
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 BMW
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Volkswagen
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Honda
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Hyundai
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Electric Vehicles Market has been segmented as below:
Electric Vehicles Market, By Vehicle
Electric Vehicles Market, By Power Source
Electric Vehicles Market, By Product
Electric Vehicles Market, By Region
Electric Vehicles Market, By Company
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