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The electric car market is forecasted to grow by USD 2.89 trillion during 2024-2029, accelerating at a CAGR of 38.5% during the forecast period. The report on the electric car market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand and sales of bevs in global market, reducing prices of lithium-ion batteries, and growing government regulations, incentives, and subsidies on 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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The electric car market is segmented as below:
By Vehicle Type
- BEV
- PHEV
By Type
- Hatchback
- Sedan
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the electric car market covers the following areas:
- Electric Car Market sizing
- Electric Car Market forecast
- Electric Car Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Vehicle Type
9 Market Segmentation by Type
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global electric car market: BAIC Motor Co. Ltd., BMW AG, BYD Co. Ltd., Chery Automobile Co. Ltd., FCA Italy S.p.A, Ford Motor Co., Geely Auto Group, General Motors Co., KIA CORP., Mahindra and Mahindra Ltd., Mercedes Benz Group AG, NIO Ltd., Nissan Motor Co. Ltd., Renault SAS, SAIC Motor Corp. Ltd., Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., and Volkswagen Group.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in number of new electric car launches across globe."
According to the report, one of the major drivers for this market is the increasing demand and sales of bevs in global market.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BAIC Motor Co. Ltd.
- BMW AG
- BYD Co. Ltd.
- Chery Automobile Co. Ltd.
- FCA Italy S.p.A
- Ford Motor Co.
- Geely Auto Group
- General Motors Co.
- KIA CORP.
- Mahindra and Mahindra Ltd.
- Mercedes Benz Group AG
- NIO Ltd.
- Nissan Motor Co. Ltd.
- Renault SAS
- SAIC Motor Corp. Ltd.
- Tata Motors Ltd.
- Tesla Inc.
- Toyota Motor Corp.
- Volkswagen Group