The Global Electric Vehicle Market is estimated to reach USD 477.3 billion in 2024 at a CAGR of 22.8%. Taxation benefit on electric car loans and supportive government subsidies are expected to drive the electric vehicle market during the forecast period. However, increasing focus on sustainability is expected to become an opportunity for electric vehicle 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 vehicle 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 vehicle are Tesla Motor, BYD Company Ltd., Ford Motor Company, Toyota Motor Corporation, AB Volvo, Daimler AG, and Honda Motor Co Ltd. among others.

 

Electric Vehicle Market Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global electric vehicle 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 vehicle 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 (up to 3Kw) by (6-12hour). By end use industry the market is segmented into heavy commercial vehicle (HCV) & low commercial vehicle (LCV).

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Electric Vehicle Market Report Scope

The report on the electric vehicle 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.

 

Companies Covered

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

Electric Vehicle Market, by Type

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

 

Electric Vehicle Market, by Battery Type

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

 

Electric Vehicle Market, by Charging Type

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

 

Electric Vehicle Market by, End-Use Industry

• Heavy Commerical Vehicles
• Light Commerical Vehicles

 

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Electric Vehicle Market by Region

Asia-Pacific
• Japan
• China
• South Korea
• India
• Taiwan
• Rest of Asia-Pacific

North America
• US
• Canada
• Mexico

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

 

Report Audience
• Electric Vehicle Market Providers
• Electric Vehicle Market Solution and Services Suppliers, Distributors and Dealers
• End-Users of Varied Segments of Electric Vehicle Market
• Government Bodies and Intellectual Institutions
• Associations and Industrial Organizations
• Research & Consulting Service Providers
• Research & Development Organizations

 

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Table of Contents

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
10.1.1. US
10.1.2. Canada
10.1.3. Mexico
10.2 Europe
10.2.1. Germany
10.2.2. Norway
10.2.3. France
10.2.4. Italy
10.2.5. UK
10.2.6. Spain
10.2.7. The Netherlands
10.2.8. Rest of Europe
10.3 Asia-Pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. South Korea
10.3.5. Taiwan
10.3.6. Rest of Asia-Pacific
10.4 Middle East
10.4.1. Saudi Arabia
10.4.2. UAE
10.4.3. Rest of Middle East
10.5 South America
10.5.1. Brazil
10.5.2. Argentina
10.5.3. 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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