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FEATURED COMPANIES
- BAIC Motor Corp. Ltd.
- BMW AG
- Daimler AG
- Ford Motor Co.
- General Motors Co.
- Nissan Motor Co. Ltd.
- MORE
Global Electric Vehicle Market: About this market
The electric vehicle market analysis considers sales from multi-speed transmission and single-speed transmission types. Our study also finds the sales of electric vehicle in APAC, Europe, North America, South America, and the Middle East and Africa. In 2018, the multi-speed transmission segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as high adoption in HEVs. will play a significant role in the multi-speed transmission segment to maintain its market position. Also, our global electric vehicle market report looks at factors such as growing demand for fuel-efficient and low-emission vehicles, stringent rules and regulations, and increasing government support. However, insufficient charging infrastructure, low fuel economy, and high manufacturing cost of EVs may hamper the growth of the electric vehicle industry over the forecast period.
Global Electric Vehicle Market: Overview
Growing demand for fuel-efficient and low-emission vehicles
The adoption of electric vehicles (EVs) is rising among consumers focusing on purchasing fuel-efficient vehicles. EVs increase energy security, improve fuel economy, and reduce fuel cost emissions. In addition, growing fuel prices and increasing demand have prompted automotive manufacturers and consumers for adopting alternatives to conventional vehicles running on gasoline and diesel. Furthermore, other factors such as the dynamic developments in policies, implementation of guidelines, and advances in technology are stimulating the demand for EVs. This demand for demand for fuel-efficient and low-emission vehicles will lead to the expansion of the global electric vehicle market at a CAGR of over 31% during the forecast period.
Technological advances in EVs
Various stakeholders in the automotive industry including system integrators, vehicle manufacturers, engine manufacturers, and component providers are witnessing new opportunities for boosting the adoption of EVs. In addition, vendors are investing more time and energy in R&D to launch electric vehicles with long-range features. Moreover, reduction in the prices of lithium-ion batteries is likely to reduce the overall cost of producing electric vehicles, which in turn, will boost the electric vehicle market growth during the forecast period.
Competitive Landscape
With the presence of several major players, the global electric vehicle market is moderately fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric vehicle manufacturers, that include AISIN SEIKI Co., Ltd., BorgWarner Inc., Eaton, GKN (Melrose Industries PLC), OC Oerlikon Management AG, and ZF Friedrichshafen AG.
Also, the electric vehicle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The electric vehicle market analysis considers sales from multi-speed transmission and single-speed transmission types. Our study also finds the sales of electric vehicle in APAC, Europe, North America, South America, and the Middle East and Africa. In 2018, the multi-speed transmission segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as high adoption in HEVs. will play a significant role in the multi-speed transmission segment to maintain its market position. Also, our global electric vehicle market report looks at factors such as growing demand for fuel-efficient and low-emission vehicles, stringent rules and regulations, and increasing government support. However, insufficient charging infrastructure, low fuel economy, and high manufacturing cost of EVs may hamper the growth of the electric vehicle industry over the forecast period.
Global Electric Vehicle Market: Overview
Growing demand for fuel-efficient and low-emission vehicles
The adoption of electric vehicles (EVs) is rising among consumers focusing on purchasing fuel-efficient vehicles. EVs increase energy security, improve fuel economy, and reduce fuel cost emissions. In addition, growing fuel prices and increasing demand have prompted automotive manufacturers and consumers for adopting alternatives to conventional vehicles running on gasoline and diesel. Furthermore, other factors such as the dynamic developments in policies, implementation of guidelines, and advances in technology are stimulating the demand for EVs. This demand for demand for fuel-efficient and low-emission vehicles will lead to the expansion of the global electric vehicle market at a CAGR of over 31% during the forecast period.
Technological advances in EVs
Various stakeholders in the automotive industry including system integrators, vehicle manufacturers, engine manufacturers, and component providers are witnessing new opportunities for boosting the adoption of EVs. In addition, vendors are investing more time and energy in R&D to launch electric vehicles with long-range features. Moreover, reduction in the prices of lithium-ion batteries is likely to reduce the overall cost of producing electric vehicles, which in turn, will boost the electric vehicle market growth during the forecast period.
Competitive Landscape
With the presence of several major players, the global electric vehicle market is moderately fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric vehicle manufacturers, that include AISIN SEIKI Co., Ltd., BorgWarner Inc., Eaton, GKN (Melrose Industries PLC), OC Oerlikon Management AG, and ZF Friedrichshafen AG.
Also, the electric vehicle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
2 of 5
FEATURED COMPANIES
- BAIC Motor Corp. Ltd.
- BMW AG
- Daimler AG
- Ford Motor Co.
- General Motors Co.
- Nissan Motor Co. Ltd.
- MORE
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
Exhibit 01: Vendors: Key product offerings
Exhibit 02: Global automotive market
Exhibit 03: Segments of global automotive market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 (thousand units)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Type - Market share 2018-2023 (%)
Exhibit 19: Comparison by type
Exhibit 20: BEV - Market size and forecast 2018-2023 (thousand units)
Exhibit 21: BEV - Year-over-year growth 2019-2023 (%)
Exhibit 22: PHEV - Market size and forecast 2018-2023 (thousand units)
Exhibit 23: PHEV - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by type
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2018-2023 (%)
Exhibit 27: Geographic comparison
Exhibit 28: APAC - Market size and forecast 2018-2023 (thousand units)
Exhibit 29: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 30: Europe - Market size and forecast 2018-2023 (thousand units)
Exhibit 31: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 32: North America - Market size and forecast 2018-2023 (thousand units)
Exhibit 33: North America - Year-over-year growth 2019-2023 (%)
Exhibit 34: South America - Market size and forecast 2018-2023 (thousand units)
Exhibit 35: South America - Year-over-year growth 2019-2023 (%)
Exhibit 36: MEA - Market size and forecast 2018-2023 (thousand units)
Exhibit 37: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: BAIC Motor Corp. Ltd. - Vendor overview
Exhibit 47: BAIC Motor Corp. Ltd. - Business segments
Exhibit 48: BAIC Motor Corp. Ltd. - Segment focus
Exhibit 49: BAIC Motor Corp. Ltd. - Key offerings
Exhibit 50: BMW AG - Vendor overview
Exhibit 51: BMW AG - Product segments
Exhibit 52: BMW AG - Organizational developments
Exhibit 53: BMW AG - Geographic focus
Exhibit 54: BMW AG - Segment focus
Exhibit 55: BMW AG - Key offerings
Exhibit 56: Daimler AG - Vendor overview
Exhibit 57: Daimler AG - Business segments
Exhibit 58: Daimler AG - Organizational developments
Exhibit 59: Daimler AG - Geographic focus
Exhibit 60: Daimler AG - Segment focus
Exhibit 61: Daimler AG - Key offerings
Exhibit 62: Ford Motor Co. - Vendor overview
Exhibit 63: Ford Motor Co. - Business segments
Exhibit 64: Ford Motor Co. - Organizational developments
Exhibit 65: Ford Motor Co. - Geographic focus
Exhibit 66: Ford Motor Co. - Segment focus
Exhibit 67: Ford Motor Co. - Key offerings
Exhibit 68: General Motors Co. - Vendor overview
Exhibit 69: General Motors Co. - Business segments
Exhibit 70: General Motors Co. - Organizational developments
Exhibit 71: General Motors Co. - Geographic focus
Exhibit 72: General Motors Co. - Segment focus
Exhibit 73: General Motors Co. - Key offerings
Exhibit 74: Nissan Motor Co. Ltd. - Vendor overview
Exhibit 75: Nissan Motor Co. Ltd. - Business segments
Exhibit 76: Nissan Motor Co. Ltd. - Organizational developments
Exhibit 77: Nissan Motor Co. Ltd. - Geographic focus
Exhibit 78: Nissan Motor Co. Ltd. - Segment focus
Exhibit 79: Nissan Motor Co. Ltd. - Key offerings
Exhibit 80: Renault SA - Vendor overview
Exhibit 81: Renault SA - Business segments
Exhibit 82: Renault SA - Organizational developments
Exhibit 83: Renault SA - Geographic focus
Exhibit 84: Renault SA - Segment focus
Exhibit 85: Renault SA - Key offerings
Exhibit 86: Tesla Inc. - Vendor overview
Exhibit 87: Tesla Inc. - Business segments
Exhibit 88: Tesla Inc. - Organizational developments
Exhibit 89: Tesla Inc. - Geographic focus
Exhibit 90: Tesla Inc. - Segment focus
Exhibit 91: Tesla Inc. - Key offerings
Exhibit 92: Toyota Motor Corp. - Vendor overview
Exhibit 93: Toyota Motor Corp. - Business segments
Exhibit 94: Toyota Motor Corp. - Organizational developments
Exhibit 95: Toyota Motor Corp. - Geographic focus
Exhibit 96: Toyota Motor Corp. - Segment focus
Exhibit 97: Toyota Motor Corp. - Key offerings
Exhibit 98: Volkswagen AG - Vendor overview
Exhibit 99: Volkswagen AG - Business segments
Exhibit 100: Volkswagen AG - Organizational developments
Exhibit 101: Volkswagen AG - Geographic focus
Exhibit 102: Volkswagen AG - Segment focus
Exhibit 103: Volkswagen AG - Key offerings
Exhibit 104: Validation techniques employed for market sizing
Exhibit 105: Definition of market positioning of vendors
PART 02: SCOPE OF THE REPORT
- Preface
- Currency conversion rates for US$
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Market segmentation by type
- Comparison by type
- BEV - Market size and forecast 2018-2023
- PHEV - Market size and forecast 2018-2023
- Market opportunity by type
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Technological advances in EVs
- Charging stations powered through renewable energy
- Availability of new mobility modes
- Overview
- Landscape disruption
- Competitive scenario
- Vendors covered
- Vendor classification
- Market positioning of vendors
- BAIC Motor Corp. Ltd.
- BMW AG
- Daimler AG
- Ford Motor Co.
- General Motors Co.
- Nissan Motor Co. Ltd.
- Renault SA
- Tesla Inc.
- Toyota Motor Corp.
- Volkswagen AG
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
Exhibit 01: Vendors: Key product offerings
Exhibit 02: Global automotive market
Exhibit 03: Segments of global automotive market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 (thousand units)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Type - Market share 2018-2023 (%)
Exhibit 19: Comparison by type
Exhibit 20: BEV - Market size and forecast 2018-2023 (thousand units)
Exhibit 21: BEV - Year-over-year growth 2019-2023 (%)
Exhibit 22: PHEV - Market size and forecast 2018-2023 (thousand units)
Exhibit 23: PHEV - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by type
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2018-2023 (%)
Exhibit 27: Geographic comparison
Exhibit 28: APAC - Market size and forecast 2018-2023 (thousand units)
Exhibit 29: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 30: Europe - Market size and forecast 2018-2023 (thousand units)
Exhibit 31: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 32: North America - Market size and forecast 2018-2023 (thousand units)
Exhibit 33: North America - Year-over-year growth 2019-2023 (%)
Exhibit 34: South America - Market size and forecast 2018-2023 (thousand units)
Exhibit 35: South America - Year-over-year growth 2019-2023 (%)
Exhibit 36: MEA - Market size and forecast 2018-2023 (thousand units)
Exhibit 37: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: BAIC Motor Corp. Ltd. - Vendor overview
Exhibit 47: BAIC Motor Corp. Ltd. - Business segments
Exhibit 48: BAIC Motor Corp. Ltd. - Segment focus
Exhibit 49: BAIC Motor Corp. Ltd. - Key offerings
Exhibit 50: BMW AG - Vendor overview
Exhibit 51: BMW AG - Product segments
Exhibit 52: BMW AG - Organizational developments
Exhibit 53: BMW AG - Geographic focus
Exhibit 54: BMW AG - Segment focus
Exhibit 55: BMW AG - Key offerings
Exhibit 56: Daimler AG - Vendor overview
Exhibit 57: Daimler AG - Business segments
Exhibit 58: Daimler AG - Organizational developments
Exhibit 59: Daimler AG - Geographic focus
Exhibit 60: Daimler AG - Segment focus
Exhibit 61: Daimler AG - Key offerings
Exhibit 62: Ford Motor Co. - Vendor overview
Exhibit 63: Ford Motor Co. - Business segments
Exhibit 64: Ford Motor Co. - Organizational developments
Exhibit 65: Ford Motor Co. - Geographic focus
Exhibit 66: Ford Motor Co. - Segment focus
Exhibit 67: Ford Motor Co. - Key offerings
Exhibit 68: General Motors Co. - Vendor overview
Exhibit 69: General Motors Co. - Business segments
Exhibit 70: General Motors Co. - Organizational developments
Exhibit 71: General Motors Co. - Geographic focus
Exhibit 72: General Motors Co. - Segment focus
Exhibit 73: General Motors Co. - Key offerings
Exhibit 74: Nissan Motor Co. Ltd. - Vendor overview
Exhibit 75: Nissan Motor Co. Ltd. - Business segments
Exhibit 76: Nissan Motor Co. Ltd. - Organizational developments
Exhibit 77: Nissan Motor Co. Ltd. - Geographic focus
Exhibit 78: Nissan Motor Co. Ltd. - Segment focus
Exhibit 79: Nissan Motor Co. Ltd. - Key offerings
Exhibit 80: Renault SA - Vendor overview
Exhibit 81: Renault SA - Business segments
Exhibit 82: Renault SA - Organizational developments
Exhibit 83: Renault SA - Geographic focus
Exhibit 84: Renault SA - Segment focus
Exhibit 85: Renault SA - Key offerings
Exhibit 86: Tesla Inc. - Vendor overview
Exhibit 87: Tesla Inc. - Business segments
Exhibit 88: Tesla Inc. - Organizational developments
Exhibit 89: Tesla Inc. - Geographic focus
Exhibit 90: Tesla Inc. - Segment focus
Exhibit 91: Tesla Inc. - Key offerings
Exhibit 92: Toyota Motor Corp. - Vendor overview
Exhibit 93: Toyota Motor Corp. - Business segments
Exhibit 94: Toyota Motor Corp. - Organizational developments
Exhibit 95: Toyota Motor Corp. - Geographic focus
Exhibit 96: Toyota Motor Corp. - Segment focus
Exhibit 97: Toyota Motor Corp. - Key offerings
Exhibit 98: Volkswagen AG - Vendor overview
Exhibit 99: Volkswagen AG - Business segments
Exhibit 100: Volkswagen AG - Organizational developments
Exhibit 101: Volkswagen AG - Geographic focus
Exhibit 102: Volkswagen AG - Segment focus
Exhibit 103: Volkswagen AG - Key offerings
Exhibit 104: Validation techniques employed for market sizing
Exhibit 105: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES
- BAIC Motor Corp. Ltd.
- BMW AG
- Daimler AG
- Ford Motor Co.
- General Motors Co.
- Nissan Motor Co. Ltd.
- MORE
The following companies as the key players in the global electric vehicle market: AISIN SEIKI Co., Ltd., BorgWarner Inc., Eaton, GKN (Melrose Industries PLC), OC Oerlikon Management AG, and ZF Friedrichshafen AG.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the technological advances in EVs.”
According to the report, one of the major drivers for this market is the growing demand for fuel-efficient and low-emission vehicles.
Further, the report states that one of the major factors hindering the growth of this market is the high manufacturing cost of EVs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the technological advances in EVs.”
According to the report, one of the major drivers for this market is the growing demand for fuel-efficient and low-emission vehicles.
Further, the report states that one of the major factors hindering the growth of this market is the high manufacturing cost of EVs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
4 of 5
- BAIC Motor Corp. Ltd.
- BMW AG
- Daimler AG
- Ford Motor Co.
- General Motors Co.
- Nissan Motor Co. Ltd.
- Renault SA
- Tesla Inc.
- Toyota Motor Corp.
- Volkswagen AG.
Note: Product cover images may vary from those shown
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