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Global Electric Vehicle Market, Technologies, Market share and Industry Forecast to 2024

  • ID: 4708857
  • Report
  • Region: Global
  • 240 Pages
  • Occams Business Research and Consulting
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The Global Electric Vehicle Market is Expected to Grow with the CAGR of Approximately 41%

FEATURED COMPANIES

  • BYD (China)
  • Daimler AG (Germany)
  • Ford Motor Company (US)
  • Geely Group (China)
  • Groupe PSA (France)
  • Hyundai (Korea)
  • MORE

The global electric vehicle market is expected to grow with the CAGR of approximately 41% during the forecast period 2017-2024. Although electric vehicle market is still a niche market but poses a great potential as electric vehicle use electricity as a fuel utilizing power stored in batteries to propel electric motor thus is a clean fuel in comparison to diesel and petrol s they release CO2 upon combustion.

Government policies to decrease the CO2 emission such as the Paris agreement which aims at reducing the global CO2 emission by 28% 2025.

Government of different countries such as Germany, US, China, Japan, etc. provide subsidy on electric vehicles to promote their usage which would propel huge growth in the electric vehicle market. Rise is disposable income also drives the electric vehicle market. The major factor restraining the growth of electric vehicle market are low performance of vehicle at high speed, low number of charging stations and  high price of the vehicle. Electric vehicle market can be segmented on the basis of technology, power source and vehicle type.

The segment by power source can be further sub-segmented into stored electricity and on board electric generator. The vehicle type segment is further segmented into passenger Cars, commercial vehicle, two wheelers and others of which the passenger cars segment has the highest market share driven by rise in disposable income and high sales and production of passenger cars.

Geographically North America dominates the electric vehicle market owing to favorable government policies, presence of big market companies such as Tesla Motors (US), General Motors (US) and high disposable income of US and Canada. The federal government set the goal to have 1 million electric vehicles on road by 2015, for which federal government also pledged to give $2.4 billion in federal grants to promote next-gen electric vehicles and batteries.

The growth in global electric vehicle market is also influenced by the presence of major players such General motors (US), Tesla motors (US), Volkswagen AG (Germany), Nissan Motor Corporation Ltd. (Japan), Bayerische Motoren Werke AG- BMW (Germany), Honda Motor Co. Ltd. (Japan), Mitsubishi Motors Corporation (Japan), Toyota Motor Corporation (Japan), Hyundai (South Korea) etc. Product launches, mergers & acquisitions etc. are some crucial strategies adopted by the major players to gain competitive advantage.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BYD (China)
  • Daimler AG (Germany)
  • Ford Motor Company (US)
  • Geely Group (China)
  • Groupe PSA (France)
  • Hyundai (Korea)
  • MORE

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Electric Vehicle Market : Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Total Market Analysis
2.4.1. Top 5 Findings
2.4.2. Top 5 Opportunity Markets
2.4.3. Top 5 Companies
2.4.4. Top 3 Competitive Strategies
2.5. Estimation Analysis
2.6. Strategic Analysis
2.6.1. Investment Vs. Adoption Model
2.6.2. 360-Degree Industry Analysis
2.6.3. Porters 5 Force Model
2.6.4. See-Saw Analysis
2.6.5. Consumer Analysis And Key Buying Criteria
2.7. Competitive Analysis
2.7.1. Key Strategies & Analysis
2.7.2. Market Share Analysis & Top Company Analysis
2.8. Strategic Recommendations & Key Conclusions
2.8.1. Investment Opportunities By Regions
2.8.2. Opportunities In Emerging Applications
2.8.3. Investment Opportunity In Fastest Growing Segment

3. Market Determinants
3.1. Market Drivers
3.1.1. Reduction In Cost Of Li-On Battries
3.1.2. Government Incentives To Promote Use Of Electric Vehicles
3.1.3. Cheaper Fuel In Comparison To Petroleum Products
3.1.4. Increasing Disposable Income
3.2. Market Restraints
3.2.1. Lack Of Proper Infrastructure For Electric Vehicles
3.2.2.  High Cost Of Electric Vehicles
3.3. Market Opportunities
3.3.1. High R&D Expenditure To Come With Better Products
3.3.2.  Government Initiatives To Reduce Green House Emission
3.4. Market Challenges
3.4.1. Lack Of Public Awareness
3.4.2. Low Performance In Comparison To Traditional Vehicles

4. Global Electric Vehicle Market By Technology
4.1. Market Definition And Scope
4.2. Decision Support Database & Estimation Methodology
4.3. Comparative Analysis Across Market Segments
4.4. Opportunity Matrix
4.5. Market Segmentation
4.5.1. Global Hybrid Electric Market
4.5.1.1. Adoption Scenario & Market Determinants
4.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.1.3. Key Conclusions
4.5.2. Global Plug-In Hybrid Electrical Vehicles Market
4.5.2.1. Adoption Scenario & Market Determinants
4.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.2.3. Key Conclusions
4.5.3. Global Battery Electrical Vehicles Market
4.5.3.1. Adoption Scenario & Market Determinants
4.5.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.3.3. Key Conclusions

5. Global Electric Vehicle Market By Power Source
5.1. Market Definition And Scope
5.2. Decision Support Database & Estimation Methodology
5.3. Comparative Analysis Across Market Segments
5.4.  Opportunity Matrix
5.5. Market Segmentation
5.5.1. Global Stored Electricity Market
5.5.1.1. Adoption Scenario & Market Determinants
5.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.1.3. Key Conclusions
5.5.2. Global On Board Electricity Generator Market
5.5.2.1. Adoption Scenario & Market Determinants
5.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.2.3. Key Conclusions

6. Global Electric Vehicle Market By Vehicle
6.1. Market Definition And Scope
6.2. Decision Support Database & Estimation Methodology
6.3. Comparative Analysis Across Market Segments
6.4.  Opportunity Matrix
6.5. Market Segmentation
6.5.1. Global Passenger Cars Market
6.5.1.1. Adoption Scenario & Market Determinants
6.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.1.3. Key Conclusions
6.5.2. Global Commercial Vehicles Market
6.5.2.1. Adoption Scenario & Market Determinants
6.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.2.3. Key Conclusions
6.5.3. Global Two Wheelers Market
6.5.3.1. Adoption Scenario & Market Determinants
6.5.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.3.3. Key Conclusions
6.5.4.  Global Other Market
6.5.4.1. Adoption Scenario & Market Determinants
6.5.4.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.4.3. Key Conclusions

7. Competitive Landscape
7.1. Key Strategies
7.1.1. List Of Mergers And Acquisition
7.1.2. List Of Joint Ventures
7.1.3. List Of Product Launches
7.1.4. List Of Partnerships

8. Geographic Analysis
8.1. Decision Support Database & Estimation Methodology
8.2. Comparative Analysis Across Market Segments
8.3. Opportunity Matrix
8.4.  Global Electric Vehicle Market By Region 2015-2024 
8.4.1. North America
8.4.1.1. Industry Analysis 2015-2024 ($ Million)
8.4.1.2. Top Country Analysis
8.4.1.2.1. U.S.
8.4.1.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.1.2.1.2. Key Conclusions
8.4.1.2.2. Canada
8.4.1.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.1.2.2.2. Key Conclusions
8.4.2. Europe
8.4.2.1. Industry Analysis 2015-2024 ($ Million)
8.4.2.2. Top Country Analysis
8.4.2.2.1. UK
8.4.2.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.1.2. Key Conclusions
8.4.2.2.2. France
8.4.2.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.2.2. Key Conclusions
8.4.2.2.3. Germany
8.4.2.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.3.2. Key Conclusions
8.4.2.2.4. Spain
8.4.2.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.4.2. Key Conclusions
8.4.2.2.5. Rest Of Europe
8.4.2.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.5.2. Key Conclusions
8.4.3. Asia Pacific
8.4.3.1. Industry Analysis 2015-2024 ($ Million)
8.4.3.2. Top Country Analysis
8.4.3.2.1. China
8.4.3.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.1.2. Key Conclusions
8.4.3.2.2. India
8.4.3.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.2.2. Key Conclusions
8.4.3.2.3. Japan
8.4.3.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.3.2. Key Conclusions
8.4.3.2.4. Australia
8.4.3.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.4.2. Key Conclusions
8.4.3.2.5. Rest Of Asia Pacific
8.4.3.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.5.2. Key Conclusions
8.4.4. Row
8.4.4.1. Industry Analysis 2015-2024 ($ Million)
8.4.4.2. Top Country Analysis
8.4.4.2.1. Latin America
8.4.4.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.4.2.1.2. Key Conclusions
8.4.4.2.2. Middle East & Africa
8.4.4.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.4.2.2.2. Key Conclusions

9. Company Profiles
9.1. Nissan Motor Corporation Ltd (Japan)
9.1.1. Overview
9.1.2. Product Portfolio
9.1.3. Strategic Initiatives
9.1.4. Scot Analysis
9.1.5. Strategic Analysis
9.2. Bayerische Motoren Werke AG (Germany)
9.2.1. Overview
9.2.2. Product Portfolio
9.2.3. Strategic Initiatives
9.2.4. Scot Analysis
9.2.5. Strategic Analysis
9.3. Honda Motor Co., Ltd (Japan)
9.3.1. Overview
9.3.2. Product Portfolio
9.3.3. Strategic Initiatives
9.3.4. Scot Analysis
9.3.5. Strategic Analysis
9.4. Mitsubishi Motors Corporation (Japan)
9.4.1. Overview
9.4.2. Product Portfolio
9.4.3. Strategic Initiatives
9.4.4. Scot Analysis
9.4.5. Strategic Analysis
9.5. Toyota Motor Corporation (Japan)
9.5.1. Overview
9.5.2. Product Portfolio
9.5.3. Strategic Initiatives
9.5.4. Scot Analysis
9.5.5. Strategic Analysis
9.6. Volkswagen AG (Germany)
9.6.1. Overview
9.6.2. Product Portfolio
9.6.3. Strategic Initiatives
9.6.4. Scot Analysis
9.6.5. Strategic Analysis
9.7. Tesla Motors, Inc (US)
9.7.1. Overview
9.7.2. Product Portfolio
9.7.3. Strategic Initiatives
9.7.4. Scot Analysis
9.7.5. Strategic Analysis
9.8.  BYD (China)
9.8.1. Overview
9.8.2. Product Portfolio
9.8.3. Strategic Initiatives
9.8.4. Scot Analysis
9.8.5. Strategic Analysis
9.9.  Ford Motor Company (US)
9.9.1. Overview
9.9.2. Product Portfolio
9.9.3. Strategic Initiatives
9.9.4. Scot Analysis
9.9.5. Strategic Analysis
9.10.  Daimler AG (Germany)
9.10.1. Overview
9.10.2. Product Portfolio
9.10.3. Strategic Initiatives
9.10.4. Scot Analysis
9.10.5. Strategic Analysis
9.11. General Motors Company (US)
9.11.1. Overview
9.11.2. Product Portfolio
9.11.3. Strategic Initiatives
9.11.4. Scot Analysis
9.11.5. Strategic Analysis
9.12. Groupe PSA (France)
9.12.1. Overview
9.12.2. Product Portfolio
9.12.3. Strategic Initiatives
9.12.4. Scot Analysis
9.12.5. Strategic Analysis
9.13. . Hyundai (Korea)
9.13.1. Overview
9.13.2. Product Portfolio
9.13.3. Strategic Initiatives
9.13.4. Scot Analysis
9.13.5. Strategic Analysis
9.14.  Mitsubishi (Japan)
9.14.1. Overview
9.14.2. Product Portfolio
9.14.3. Strategic Initiatives
9.14.4. Scot Analysis
9.14.5. Strategic Analysis
9.15.  Geely Group (China)
9.15.1. Overview
9.15.2. Product Portfolio
9.15.3. Strategic Initiatives
9.15.4. Scot Analysis
9.15.5. Strategic Analysis

List Of Tables
1. Global Electric Vehicle Market By Technology  2015-2024 ($ Million)
2. Global Hybrid Electric Market By Geography 2015-2024 ($ Million)
3. Global Plug-In Hybrid Electrical Vehicles Market By Geography 2015-2024 ($ Million)
4. Global Battery Electrical Vehicles Market By Geography 2015-2024 ($ Million)
5. Global Electric Vehicle Market By Power Source 2015-2024 ($ Million)
6. Global Stored Electricity Market By Geography 2015-2024 ($ Million)
7. Global On Board Electricity Generator Market By Geography 2015-2024 ($ Million)
8. Global Electric Vehicle Market By Vehicle 2015-2024 ($ Million)
9. Global Passenger Cars Market By Geography 2015-2024 ($ Million)
10. Global Commercial Vehicles Market By Geography 2015-2024 ($ Million)
11. Global Two Wheelers Market By Geography 2015-2024 ($ Million)
12. Global Other Market By Geography 2015-2024 ($ Million)
13. North America Electric Vehicle Market 2015-2024 ($ Million)
14. Europe Electric Vehicle Market 2015-2024 ($ Million)
15. Asia Pacific Electric Vehicle Market 2015-2024 ($ Million)
16. Rest Of The World Electric Vehicle Market 2015-2024 ($ Million)
17. North America Electric Vehicle Market By Technology  2015-2024 ($ Million)
18. Europe Electric Vehicle Market By Technology  2015-2024 ($ Million)
19. Asia Pacific Electric Vehicle Market By Technology  2015-2024 ($ Million)
20. Rest Of The World Electric Vehicle Market By Technology  2015-2024 ($ Million)
21. North America Electric Vehicle  Market By Power Source 2015-2024 ($ Million)
22. Europe Electric Vehicle Market By Power Source 2015-2024 ($ Million)
23. Asia Pacific Electric Vehicle  Market By Power Source 2015-2024 ($ Million)
24. Rest Of The World Electric Vehicle  Market By Power Source 2015-2024 ($ Million)
25. North America Electric Vehicle Market By Vehicle 2015-2024 ($ Million)
26. Europe Electric Vehicle Market By Vehicle 2015-2024 ($ Million)
27. Asia Pacific Electric Vehicle Market By Vehicle 2015-2024 ($ Million)
28. Rest Of The World Electric Vehicle Market By Vehicle 2015-2024 ($ Million)
29. United States Electric Vehicle  Market By Technology  2015-2024 ($ Million)
30. United States Electric Vehicle  Market By Power Source 2015-2024 ($ Million)
31. United States Electric Vehicle  Market By Vehicle  2015-2024 ($ Million)
32. Canada Electric Vehicle  Market By Technology  2015-2024 ($ Million)
33. Canada Electric Vehicle  Market By Power Source 2015-2024 ($ Million)
34. Canada Electric Vehicle  Market By Vehicle  2015-2024 ($ Million)
35. UK Electric Vehicle  Market By Technology  2015-2024 ($ Million)
36. UK Electric Vehicle  Market By Power Source 2015-2024 ($ Million)
37. UK Electric Vehicle  Market By Vehicle  2015-2024 ($ Million)
38. France Electric Vehicle  Market By Technology  2015-2024 ($ Million)
39. France Electric Vehicle  Market By Power Source 2015-2024 ($ Million)
40. France Electric Vehicle  Market By Vehicle  2015-2024 ($ Million)

List Of Figures
1. Global Hybrid Electric Market By Geography 2015-2024 ($ Million)
2. Global Plug-In Hybrid Electrical Vehicles Market By Geography 2015-2024 ($ Million)
3. Global Battery Electrical Vehicles Market By Geography 2015-2024 ($ Million)
4. Global Stored Electricity Market By Geography 2015-2024 ($ Million)
5. Global On Board Electricity Generator Market By Geography 2015-2024 ($ Million)
6. Global Passenger Cars Market By Geography 2015-2024 ($ Million)
7. Global Commercial Vehicles Market By Geography 2015-2024 ($ Million)
8. Global Two Wheelers Market By Geography 2015-2024 ($ Million)
9. Global Other Market By Geography 2015-2024 ($ Million)
10. United States (U.S.) Electric Vehicle Market 2015-2024 ($ Million)
11. Canada Electric Vehicle Market 2015-2024 ($ Million)
12. United Kingdom (UK) Electric Vehicle Market 2015-2024 ($ Million)
13. France Electric Vehicle Market 2015-2024 ($ Million)
14. Germany Electric Vehicle Market 2015-2024 ($ Million)
15. Spain Electric Vehicle Market 2015-2024 ($ Million)
16. Roe Electric Vehicle Market 2015-2024 ($ Million)
17. China Electric Vehicle Market 2015-2024 ($ Million)
18. India Electric Vehicle Market 2015-2024 ($ Million)
19. Japan Electric Vehicle Market 2015-2024 ($ Million)
20. Australia Electric Vehicle Market 2015-2024 ($ Million)
21. Roapac Electric Vehicle Market 2015-2024 ($ Million)
22. Latin America Electric Vehicle Market 2015-2024 ($ Million)
23. Mena Electric Vehicle Market 2015-2024 ($ Million)

Note: Product cover images may vary from those shown
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  • Bayerische Motoren Werke AG (Germany)
  • BYD (China)
  • Daimler AG (Germany)
  • Ford Motor Company (US)
  • Geely Group (China)
  • General Motors Company (US)
  • Groupe PSA (France)
  • Honda Motor Co., Ltd (Japan)
  • Hyundai (Korea)
  • Mitsubishi Motors Corporation (Japan)
  • Nissan Motor Corporation Ltd (Japan)
  • Tesla Motors, Inc (US)
  • Toyota Motor Corporation (Japan)
  • Volkswagen AG (Germany)
Note: Product cover images may vary from those shown
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