Electric Vehicle Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2025

The report on the global electric vehicle market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global electric vehicle market to grow with a CAGR of 21.7% over the forecast period from 2019-2025. The study on electric vehicle market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.

The report on electric vehicle market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global electric vehicle market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global electric vehicle market over the period of 2017 to 2025. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• Growing electric infrastructure coupled with favorable government support
• Rising the trend of replacing fuel based vehicles by electric vehicles with a rise in emission concern

2) Restraints

• High manufacturing cost of electric vehicles

3) Opportunities

• Rising adoption of electric buses and increasing investments in an electric vehicle by manufacturers

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global electric vehicle market is segmented on the basis of vehicle type, propulsion type, and power output.

The Global Electric Vehicle Market by Vehicle Type

• Passenger Car
• Commercial Vehicle

The Global Electric Vehicle Market by Propulsion Type

• Battery Electric Vehicle (BEV)
• Fuel Cell Electric Vehicle (FCEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Hybrid Electric Vehicle (HEV)

The Global Electric Vehicle Market by Power Output

• Less than 100 KW
• 100-250 KW
• Above 250 KW

Company Profiles

The companies covered in the report include

• Tesla, Inc.
• BYD Auto Co., Ltd.
• Bayerische Motoren Werke AG
• Volkswagen AG
• Nissan Motor Co., Ltd.
• Honda Motor Company, Ltd.
• Toyota Motor Corporation
• Ford Motor Company
• Bayerische Motoren Werke AG
• Daimler AG

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the electric vehicle market.
2. Complete coverage of all the segments in the electric vehicle market to analyze the trends, developments in the global market and forecast of market size up to 2025.
3. Comprehensive analysis of the companies operating in the global electric vehicle market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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