Electric Vehicle Market Forecast 2020-2027 By Regions, Type and Application with Sales and Revenue Analysis

The Global Electric Vehicles Marketis estimated to reach USD 477.3 billion in 2024 at a CAGR of 22.8%. Taxation benefit on electric car loans and supportive government subsides are expected to drive the electric vehicles market during the forecast period. However, increasing focus on sustainability is expected to become an opportunity for electric vehicles market.

The electric vehicle is an alternative source for fuel in automotive industry. This source can help various electric motors and motor controllers to drive the vehicle. Electric vehicles reserve electricity in an energy storage device such as battery. Moreover, it usually presented as non-polluting or zero radiation vehicle. Some key players in electric vehicles are Tesla Motor, BYD Company Ltd., Ford Motor Company, Toyota Motor Corporation, AB Volvo, Daimler AG, and Honda Motor.Co.Ltd.

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Electric Vehicles Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global electric vehicles market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of type, the market is segmented into battery electric vehicles (BEV), fuel cell electric vehicles(FCEV), plugin electric vehicles(PEV) and hybrid electric vehicles (HEV). By Battery type, the electric vehicles market is segmented into lead acid battery, nickel metal hydride battery, lithium ion battery and others. On the basis of charging type, the market is segmented into rapid (43Kw-50Kw) by (30-60minute),fast (7Kw-22Kw) by (3-4hour) & slow (upto 3Kw) by (6-12hour). By end use industry, the market is segmented into heavy commercial vehicle (HCV) & low commercial vehicle (LCV).

Electric Vehicles Market: Report Scope

The report on the electric vehicles market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Electric Vehicles Market include:

Tesla Motors (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
BYD Company Ltd.
Ford Motor Company
Toyota Motor Corp
AB Volvo
Daimler AG
Honda Motor Co Ltd
HYUNDAI MOTOR GROUP
Other Key Companies

Electric Vehicles Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Electric Vehicles Market, by Type

Battery Electric Vehicles (BHV)
Fuel Cell Electric Vehicles (FCEV)
Plug-in Hybrid Electric Vehicles (PHEV)
Hybrid Electric Vehicles (HEV)

Electric Vehicles Market, by Battery Type

Lead Acid Batteries (LAB)
Nickel Metal Hydride Batteries
Lithium Ion Batteries (LIB)
Others

Electric Vehicles Market, by Charging Type

Rapid (43Kw-50Kw) by (30-60minute)
Fast (7Kw-22Kw) by (3-4hour)
Slow (upto 3Kw) by (6-12hour)

Electric Vehicles Market by, End-Use Industry

Heavy Commerical Vehicles
Light Commerical Vehicles

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Electric Vehicles Market by Region

Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
North America (US, Canada, Mexico)
Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

What are the major developments impacting the electric vehicles market and its growth?
What will be the effects of the developments in the electric vehicles market on the industry and on the market players in the near and far future?
What are the evolving types of the electric vehicles market?
What are the evolving applications of electric vehicles market?
What are the major characteristics that will affect the electric vehicles market growth during the study period?
Who are the key players operating in the electric vehicles market?
How are the major players leveraging in the existing market conditions?

Table of Content

1 INTRODUCTION

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.4 Regional Coverage

1.5 Research Timeline

1.6 Assumptions

1.7 Limitations

2 RESEARCH DESIGN & SCOPE

2.1 Introduction

2.2 Primary Research

2.2.1 Key Industry Expert Insight

2.3 Secondary Research

2.3.1 Vital Data from Secondary Sources

2.4 Market Size Estimation

2.5 Data Validation & Triangulation

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Introduction

4.2 Drivers

4.2.1. Taxation benefit on electric car loans

4.2.2. Supportive government subsidies

4.3 Restraints

4.3.1. High cost of fast charging systems

4.3.2. High price of electric vehicles as compared to conventional vehicles

4.4 Opportunities

4.4.1. Increasing focus on sustainability

4.5 Challenges

4.5.1. Charging Time

4.5.2. Security involved with battery machinery

5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1 Introduction

5.1.1. Power of Buyers

5.1.2. Power of Suppliers

5.1.3. Intensity of Competition

5.1.4. Challenges of Substitutes

5.1.5. Challenges of New Entrants

5.2 Macro-Economic Indicators

6 ELECTRIC VEHICLE MARKET BY TYPE, Market Size in USD Million (2017—2024)

6.1 Introduction

6.2 Battery Electric Vehicles (BEV)

6.3 Fuel Cell Electric Vehicles (FCEV)

6.4 Plugin Electric Vehicles (PEV)

6.5 Hybrid Electric Vehicles (HEV)

7 ELECTRIC VEHICLE MARKET BY BATTERY TYPE, Market Size in USD Million (2017—2024)

7.1 Introduction

7.2 Lead Acid Batteries

7.3 Nickel Metal Hydride Batteries

7.4 Lithium Ion Batteries

7.5 Others

8 ELECTRIC VEHICLE MARKET BY CHARGING TYPE, Market Size in USD Million (2017—2024)

8.1 Introduction

8.2 Rapid (43-50Kw) by (30-60 minutes)

8.3 Fast (7Kw-22Kw) by (3-4 hours)

8.4 Slow (Up to 3Kw) by (6-12 hours)

9 ELECTRIC VEHICLE MARKET BY END-USE INDUSTRY, Market Size in USD Million (2017—2024)

9.1 Introduction

9.2 Light Commercial Vehicle

9.3 Heavy Commercial Vehicle

10 ELECTRIC VEHICLE MARKET BY REGION, Market Size in USD Million (2017—2024)

10.1 North America

8.1.1. US

8.1.2. Canada

8.1.3. Mexico

10.2 Europe

8.2.1. Germany

8.2.2. Norway

8.2.3. France

8.2.4. Italy

8.2.5. UK

8.2.6. Spain

8.2.7. The Netherlands

8.2.8. Rest of Europe

10.3 Asia-Pacific

8.3.1. China

8.3.2. Japan

8.3.3. India

8.3.4. South Korea

8.3.5. Taiwan

8.3.6. Rest of Asia-Pacific

10.4 Middle East

8.4.1. Saudi Arabia

8.4.2. UAE

8.4.3. Rest of Middle East

10.5 South America

8.5.1. Brazil

8.5.2. Argentina

8.5.3. Rest of South America

11 COMPETITIVE LANDSCAPE

11.1 Introduction

11.2 Market Ranking/Share Analysis of Key Companies

11.3 Company Benchmarking

12 COMPANY PROFILES

12.1 Tesla Motor

12.1.1 Company Overview

12.1.2 Financial Overview

12.1.3 Products/Solutions/Services Offered

12.1.4 Key Developments

12.1.5 SWOT Analysis

12.2 BYD Company Ltd.

12.3 Ford Motor Company

12.4 Toyota Motor Corp

12.5 AB Volvo

12.6 Daimler AG

12.7 Honda Motor Co Ltd

12.8 HYUNDAI MOTOR GROUP

12.9 Other Key Companies

13 APPENDIX

13.1 Key Industry Expert Insights

13.2 Primary Discussion Guide

13.3 Customization Options

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