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Global Electric Passenger Cars Market by Vehicle Type (Hatchback, Sedan, SUV), Product (Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV)), Driving Range - Forecast 2023-2030

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    Report

  • 188 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5437800
UP TO OFF until Dec 31st 2024
1h Free Analyst Time
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The Electric Passenger Cars Market size was estimated at USD 139.72 billion in 2022, USD 149.80 billion in 2023, and is expected to grow at a CAGR of 7.93% to reach USD 257.45 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Electric Passenger Cars Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Electric Passenger Cars Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Electric Passenger Cars Market, highlighting leading vendors and their innovative profiles. These include Aiways Automobile Europe GmbH, Alcraft Motor Company, BMW AG, BYD Company Ltd., Faraday&Future Inc., Fisker, Inc., Ford Motor Company, General Motors LLC, Honda Motor Co., Ltd., Hyundai Motor Company, Karma Automotive LLC, Lucid Group, Inc., Mahindra and Mahindra Limited, Mercedes-Benz Group AG, Mitsubishi Motors Corporation, Mullen Automotive, Inc., NIO LIMITED, Nissan Motor Co., Ltd., Rivian, LLC, SAIC Motor Corporation Limited, Stellantis N.V., Tesla, Inc., Toyota Motor Corporation, Volkswagen AG, and Volvo Car Corporation.

Market Segmentation & Coverage

This research report categorizes the Electric Passenger Cars Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Vehicle Type
    • Hatchback
    • Sedan
    • SUV
  • Product
    • Battery Electric Vehicle (BEV)
    • Plug-In Hybrid Electric Vehicle (PHEV)
  • Driving Range
    • Above 150 Miles
    • Up to 150 Miles
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Electric Passenger Cars Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Electric Passenger Cars Market?
  3. What are the technology trends and regulatory frameworks in the Electric Passenger Cars Market?
  4. What is the market share of the leading vendors in the Electric Passenger Cars Market?
  5. Which modes and strategic moves are suitable for entering the Electric Passenger Cars Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Electric Passenger Cars Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing Demand for Fuel-Efficient, High-Performance, and Low Emission Vehicles
5.1.1.2. Reducing the Cost of Electric Vehicles Batteries
5.1.1.3. Stringent Government Rules and Regulations Towards Vehicle Emission
5.1.2. Restraints
5.1.2.1. Lack of Electric Vehicles Charging Infrastructure
5.1.3. Opportunities
5.1.3.1. Increasing Investments by Governments to Develop Electric Vehicles Charging Stations and Hydrogen Fueling Stations
5.1.3.2. Gaining Popularity Owing to Numerous Technological Advancements
5.1.4. Challenges
5.1.4.1. High Costs Involved in Initial Investments
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Electric Passenger Cars Market, by Vehicle Type
6.1. Introduction
6.2. Hatchback
6.3. Sedan
6.4. SUV
7. Electric Passenger Cars Market, by Product
7.1. Introduction
7.2. Battery Electric Vehicle (BEV)
7.3. Plug-In Hybrid Electric Vehicle (PHEV)
8. Electric Passenger Cars Market, by Driving Range
8.1. Introduction
8.2. Above 150 Miles
8.3. Up to 150 Miles
9. Americas Electric Passenger Cars Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Electric Passenger Cars Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Electric Passenger Cars Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Aiways Automobile Europe GmbH
13.1.2. Alcraft Motor Company
13.1.3. BMW AG
13.1.4. BYD Company Ltd.
13.1.5. Faraday&Future Inc.
13.1.6. Fisker, Inc.
13.1.7. Ford Motor Company
13.1.8. General Motors LLC
13.1.9. Honda Motor Co., Ltd.
13.1.10. Hyundai Motor Company
13.1.11. Karma Automotive LLC
13.1.12. Lucid Group, Inc.
13.1.13. Mahindra and Mahindra Limited
13.1.14. Mercedes-Benz Group AG
13.1.15. Mitsubishi Motors Corporation
13.1.16. Mullen Automotive, Inc.
13.1.17. NIO LIMITED
13.1.18. Nissan Motor Co., Ltd.
13.1.19. Rivian, LLC
13.1.20. SAIC Motor Corporation Limited
13.1.21. Stellantis N.V.
13.1.22. Tesla, Inc.
13.1.23. Toyota Motor Corporation
13.1.24. Volkswagen AG
13.1.25. Volvo Car Corporation
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. ELECTRIC PASSENGER CARS MARKET RESEARCH PROCESS
FIGURE 2. ELECTRIC PASSENGER CARS MARKET SIZE, 2022 VS 2030
FIGURE 3. ELECTRIC PASSENGER CARS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ELECTRIC PASSENGER CARS MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. ELECTRIC PASSENGER CARS MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. ELECTRIC PASSENGER CARS MARKET DYNAMICS
FIGURE 7. ELECTRIC PASSENGER CARS MARKET SIZE, BY VEHICLE TYPE, 2022 VS 2030 (%)
FIGURE 8. ELECTRIC PASSENGER CARS MARKET SIZE, BY VEHICLE TYPE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. ELECTRIC PASSENGER CARS MARKET SIZE, BY PRODUCT, 2022 VS 2030 (%)
FIGURE 10. ELECTRIC PASSENGER CARS MARKET SIZE, BY PRODUCT, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. ELECTRIC PASSENGER CARS MARKET SIZE, BY DRIVING RANGE, 2022 VS 2030 (%)
FIGURE 12. ELECTRIC PASSENGER CARS MARKET SIZE, BY DRIVING RANGE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS ELECTRIC PASSENGER CARS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 14. AMERICAS ELECTRIC PASSENGER CARS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES ELECTRIC PASSENGER CARS MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 16. UNITED STATES ELECTRIC PASSENGER CARS MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC ELECTRIC PASSENGER CARS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC ELECTRIC PASSENGER CARS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA ELECTRIC PASSENGER CARS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA ELECTRIC PASSENGER CARS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 21. ELECTRIC PASSENGER CARS MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 22. ELECTRIC PASSENGER CARS MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • Aiways Automobile Europe GmbH
  • Alcraft Motor Company
  • BMW AG
  • BYD Company Ltd.
  • Faraday&Future Inc.
  • Fisker, Inc.
  • Ford Motor Company
  • General Motors LLC
  • Honda Motor Co., Ltd.
  • Hyundai Motor Company
  • Karma Automotive LLC
  • Lucid Group, Inc.
  • Mahindra and Mahindra Limited
  • Mercedes-Benz Group AG
  • Mitsubishi Motors Corporation
  • Mullen Automotive, Inc.
  • NIO LIMITED
  • Nissan Motor Co., Ltd.
  • Rivian, LLC
  • SAIC Motor Corporation Limited
  • Stellantis N.V.
  • Tesla, Inc.
  • Toyota Motor Corporation
  • Volkswagen AG
  • Volvo Car Corporation

Methodology

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Table Information