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Electric Vehicle Market Report: Trends, Forecast and Competitive Analysis

  • ID: 5002912
  • Report
  • April 2020
  • Region: Global
  • 150 pages
  • Lucintel
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FEATURED COMPANIES

  • Ford Motor Company
  • General Motors
  • Hyundai Motor Company
  • Kia Motors
  • Mercedes Benz
  • Mitsubishi Motors
  • MORE
The future of the global electric vehicle market looks promising with opportunities in small, mid size, and luxury car market. The global electric vehicle market is expected to reach an estimated $335.3 billion by 2023 with a CAGR of 38% from 2018 to 2023. The major drivers for this market are the government initiatives such astax benefits and subsidies to promote electric vehicles, high investment from automakers in electric vehicles, and growing concerns for environmental pollution

Emerging trends, which have a direct impact on the dynamics of the market, include development of wireless charging infrastructure and introduction of multiple long-range EVs with low cost. Tesla ,Gen
eral Motors, Nissan Motor, Mitsubishi, Volkswagen, BMW, Ford, Mercedes Benz, Hyundai, and Kia Motor are the major manufacturers of electric vehicles.

A total of 137 figures/charts and 105 tables are provided in this 255-page report to help in your business decisions. To learn the scope of, benefits, companies researched and other details of the electric vehicles market, then read this report.

The study includes the electric vehicles market size and forecast for the global electric vehicles market through 2024, segmented by propulsion type, vehicle type, component type, and the region as follows:

Electric Vehicles Market by Propulsion Type [$B shipment analysis from 2012 to 2023]:
  • Battery Electric Vehicles
  • Hybrid & Plug-in-Hybrid Electric Vehicles
Electric Vehicles Market by Vehicle Type [$B shipment analysis from 2012 to 2023]:
  • Compact Car
  • Luxury Car
  • SUVs & Crossover
  • Small Car
  • Mid-size Car
  • Others
Electric Vehicles Market by Component Type[$B shipment analysis from 2012 to 2023]:
  • Independent Drive Component
  • Battery
  • Motor and Gearbox
  • Charger
  • Others
Electric Vehicles Market by Region [$B shipment analysis for 2012 to 2023]:

North America
  • United States
  • Canada
  • Mexico
Europe
  • United Kingdom
  • Germany
Asia Pacific
  • Japan
  • China
The Rest of the World

Some of the electric vehicles companies profiled in this report include Tesla Inc, General Motors, Nissan Motor Co., Ltd., Mitsubishi Motors, Volkswagen AG, Bayerische Motoren Werke AG (BMW), Ford Motor Company, Mercedes Benz, Hyundai Motor Company, Kia Motors, and others.

the analyst forecasts that battery electric vehicle will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to the consumers’ demand for zero emission vehicles, and decreasing electric vehicle battery cost.

Within the electric vehicle market, compact car will remain the largest vehicle type and it is expected to witness the highest growth over the forecast period due to the increasing features s\uch as, improvement in vehicle range per charge and charging infrastructure.

Asia Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to growing concerns on environmental pollution, government subsidies and tax rebates, and heavy investment from automaker in electric vehicle development.

Some of the features of “Electric Vehicles Report: Trends, Forecast and Competitive Analysis” include:
  • Market size estimates: Global electric vehicles market size estimation in terms of value ($B) shipment.
  • Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by end use industry.
  • Segmentation analysis: Global electric vehicles market size by propulsion type, vehicle type, and component type in terms of value shipment.
  • Regional analysis: Global electric vehicles market breakdown by key regions such as North America, Europe, and Asia & Rest of World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions of electric vehicles in the global electric vehicles market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape of electric vehicles in the global electric vehicles market.
  • Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions:

Q.1. What are some of the most promising, high growth opportunities for the electric vehicle market by propulsion type (battery electric vehicles and hybrid & plug-in-hybrid electric vehicles), by vehicle type (compact car, luxury car, SUVs & crossover, small car, mid-size car, and others.), by component type (independent drive component, battery, motor and gearbox, charger, and others.), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting electric vehicle market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this electric vehicle market?
Q.6. What are the emerging trends in this electric vehicle market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the electric vehicle market?
Q.8. What are the new developments in the electric vehicle market? Which companies are leading these developments?
Q.9. Who are the major players in this electric vehicle market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing services in this market and how big of a threat do they pose for loss of electric vehicle market share by service substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ford Motor Company
  • General Motors
  • Hyundai Motor Company
  • Kia Motors
  • Mercedes Benz
  • Mitsubishi Motors
  • MORE
1. Executive Summary

2. Global Electric Vehicles Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2013 to 2024
3.1: Macroeconomic Trends and Forecasts
3.2: Global Electric Vehicles Market Trends and Forecast
3.3: Global Electric Vehicles Market by Propulsion Type:
3.3.1: Battery Electric Vehicles
3.3.2: Hybrid & Plug-in-Hybrid Electric Vehicles
3.4: Global Electric Vehicles Market by Vehicle Type:
3.4.1: Compact Car
3.4.2: Luxury Car
3.4.3: SUVs & Crossover
3.4.4: Small Car
3.4.5: Mid-size Car
3.4.6: Others
3.5: Global Electric Vehicles Market by Component Type:
3.5.1: Independent Drive Component
3.5.2: Battery
3.5.3: Motor and Gearbox
3.5.4: Charger
3.5.5: Others

4. Market Trends and Forecast Analysis by Region
4.1: Global Electric Vehicles Market by Region
4.2: North American Electric Vehicles Market
4.2.1: North American Electric Vehicles Market by Propulsion
4.2.2: North American Electric Vehicles Market by Vehicle
4.2.3: North American Electric Vehicles Market by Component
4.2.4: United States Electric Vehicles Market
4.2.5: Canadian Electric Vehicles Market
4.2.6: Mexican Electric Vehicles Market
4.3: European Electric Vehicles Market
4.3.1: European Electric Vehicles Market by Propulsion
4.3.2: European Electric Vehicles Market by Vehicle
4.3.3: European Electric Vehicles Market by Component
4.3.4: Russian Electric Vehicles Market
4.3.5: French Electric Vehicles Market
4.3.6: German Electric Vehicles Market
4.3.7: Italian Electric Vehicles Market
4.3.8: United Kingdom Electric Vehicles Market
4.4: APAC Electric Vehicles Market
4.4.1: APAC Electric Vehicles Market by Propulsion
4.4.2: APAC Electric Vehicles Market by Vehicle
4.4.3: APAC Electric Vehicles Market by Component
4.4.4: Chinese Electric Vehicles Market
4.4.5: Indian Electric Vehicles Market
4.4.6: The Korean Electric Vehicles Market
4.4.7: The Japanese Electric Vehicles Market
4.4.8: The Indonesian Electric Vehicles Market
4.5: ROW Electric Vehicles Market
4.5.1: ROW Electric Vehicles Market by Propulsion
4.5.2: ROW Electric Vehicles Market by Vehicle
4.2.3: ROW Electric Vehicles Market by Component
4.5.4: Turkey Electric Vehicles Market
4.5.5: Brazilian Electric Vehicles Market
4.5.6: Iranian Electric Vehicles Market

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Electric Vehicles Market by Propulsion Type
6.1.2: Growth Opportunities for the Global Electric Vehicles Market by Vehicle
6.1.3: Growth Opportunities for the Global Electric Vehicles Market by Component Type
6.1.4: Growth Opportunities for the Global Electric Vehicles Market by Region
6.2: Emerging Trends in the Global Electric Vehicles Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion in the Global Electric Vehicles Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Electric Vehicles

7. Company Profiles of Leading Player
7.1: Tesla Inc
7.2: General Motors
7.3: Nissan Motor Co. Ltd.
7.4: Mitsubishi Motors
7.5: Volkswagen AG
7.6: Bayerische Motoren Werke AG (BMW)
7.7: Ford Motor Company
7.8: Mercedes Benz
7.9: Hyundai Motor Company
7.10: Kia Motors

*Full List of Tables and Figures Available on Enquiry.
Note: Product cover images may vary from those shown
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  • Tesla Inc
  • General Motors
  • Nissan Motor Co. Ltd.
  • Mitsubishi Motors
  • Volkswagen AG
  • Bayerische Motoren Werke AG (BMW)
  • Ford Motor Company
  • Mercedes Benz
  • Hyundai Motor Company
  • Kia Motors
Note: Product cover images may vary from those shown
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The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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