+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Electric Vehicles Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029

  • PDF Icon

    Report

  • 108 Pages
  • November 2021
  • Region: Global
  • Acute Market Reports
  • ID: 5614498
The global electric vehicles market has observed a significant growth in the last five years and is expected to witness double digit growth through the forecast period 2021 - 2029. This growth is primarily attributed to introduction of mandatory policies to reduce greenhouse gases and vehicle fuel consumption in several countries. In addition, U.S. and European countries are offering incentives for purchase of a new electric care in order to promote use of electric cars. Rising fuel prices and improving economic conditions are also expected to spur the demand for electric vehicles. Expected exponential growth in electric vehicle market represents a positive outlook for automakers and related component suppliers. This study on “Electric Vehicle Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2021 - 2029” highlights key opportunities in the global electric vehicles market.

The research study on electric vehicles market includes in-depth analysis of the market driving and restraining factors related to global electric vehicle industry. The report also includes current and future industry trends in the global as well as regional electric vehicle market. The report includes exhaustive information of demand-supply, technology development and pricing trends. High level analysis such as PESTEL, consumer behavior analysis, value chain and market attractive analysis included in the report helps industry players to identify key investment areas in this industry.

The market study of electric vehicles also provides market estimates and forecast of different types of electric vehicles and technology market size in the global, regional and country level markets in terms of both volume (number of units sold) and revenue (US$ Bn). This market is classified on the basis of vehicle type and region. The report also includes cross sectional analysis on the regional and country level i.e. regional market size by vehicle type. This study includes market historical market size (2018 & 2019), market estimate (2020) and forecast for the period 2021 - 2029 in terms of volume and revenue.

The report profiles major players in the global electric vehicle industry. Company profiles include detailed information about business strategies, financial overview, major competitors, product portfolio, recent developments and regional positioning of these manufacturers. The report also provides in-depth analysis about global market competition, regional market players and suppliers and positioning of key market players in the global market along with their market winning strategies.

The global electric vehicles market is classified into following categories:

  • By Technology
  • Battery Electric Vehicle (BEV)
  • Plug-in Electric Vehicle (PEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
  • Hybrid Electric Vehicle (HEV)
  • By Vehicle Type
  • Car
  • Bus
  • Motorcycle
  • By Region
  • North America
  • U.S.
  • Canada
  • Europ
  • U.K.
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Australasia
  • Rest of Asia Pacific
  • Rest of the World
  • Latin America
  • Middle East and Africa

The global electric vehicle market is classified into four major regions i.e. North America, Europe, Asia Pacific and Rest of the World (RoW). The Rest of the electric vehicle market is further classified into South America, Africa and Middle East.

In addition, we have covered following major countries in each regional market:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia Pacific
  • Chin
  • Japan
  • India
  • Australasia
  • Rest of Asia Pacific
  • Rest of the World
  • Latin America
  • Middle East and Africa
North America is the largest regional market for electric vehicle and accounted for half of the market share in 2019. The U.S. represents the largest individual market followed by Japan. In addition, U.S. is also the largest country for the sale of light-duty plug-in electric vehicles. The U.S. government is offering tax credit for new electric vehicle which is driving the demand for electric vehicles in the country. In addition, many European countries are promoting the use of electric vehicles to reduce fuel consumption and economic burden. The Asia Pacific is expected to witness the significant growth with increasing registration of electric vehicles in India, China, Japan, Australia and Southeast Asian countries.


This product will be delivered within 2 business days.

Table of Contents

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I - Secondary Research
1.4.2 Phase II - Primary Research
1.4.3 Phase III - Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Electric Vehicle Market
2.2 Global Electric Vehicle Market, By Vehicle Type
2.3 Global Electric Vehicle Market, By Technology
2.4 Global Electric Vehicle Market, By Geography
Chapter 3 Market Dynamics
3.1 Vehicle Type Insights and Market Overview
3.1.1 Global Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
3.2 Key Market Trends and Future Outlook
3.2.1 Evolution of Electric Vehicle Technology
3.2.2 Recent Trends
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 Opportunities
3.6 See-Saw Analysis
3.6.1 Impact Analysis of Drivers and Restraints
3.7 Value Chain Analysis
3.8 Market Penetration Scenario, 2020
3.9 Competitive Analysis
3.9.1 Market Positioning of Key Vendors
3.9.2 New Vehicle Type Launches
3.10 Consumer Behavior Analysis
3.11 PESTEL Analysis
Chapter 4 Electric Vehicle Market by Vehicle Type
4.1 Market Analysis
4.2 Global Electric Buses Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
4.3 Global Electric Cars Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
4.4 Global Electric Motorcycles Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
Chapter 5 Electric Vehicle Market by Technology
5.1 Market Analysis
5.2 Global Battery Electric Vehicle (BEV) Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
5.3 Global Plug-in Electric Vehicle (PEV) Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
5.4 Global Plug-in Hybrid Electric Vehicle (PHEV) Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
5.5 Global Hybrid Electric Vehicle (HEV) Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
Chapter 6 North America Electric Vehicle Market Analysis
6.1 North America Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
6.1.1 North America Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
6.1.2 North America Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
6.2 U.S. Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
6.2.1 U.S. Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
6.2.2 U.S. Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
6.3 Canada Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
6.3.1 Canada Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
6.3.2 Canada Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
Chapter 7 Europe Electric Vehicle Market Analysis
7.1 Europe Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
7.1.1 Europe Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
7.1.2 Europe Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
7.2 U.K. Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
7.2.1 U.K. Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
7.2.2 U.K. Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
7.3 Germany Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
7.3.1 Germany Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
7.3.2 Germany Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
7.4 France Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
7.4.1 France Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
7.4.2 France Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
7.5 Rest of Europe Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
7.5.1 Rest of Europe Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
7.5.2 Rest of Europe Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
Chapter 8 Asia Pacific Electric Vehicle Market Analysis
8.1 Asia Pacific Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
8.1.1 Asia Pacific Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
8.1.2 Asia Pacific Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
8.2 Japan Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
8.2.1 Japan Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
8.2.2 Japan Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
8.3 China Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
8.3.1 China Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
8.3.2 China Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
8.4 India Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
8.4.1 India Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
8.4.2 India Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
8.5 Rest of Asia Pacific Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
8.5.1 Rest of Asia Pacific Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
8.5.2 Rest of Asia Pacific Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
Chapter 9 Rest of the World (RoW) Electric Vehicle Market Analysis
9.1 Rest of the World Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
9.1.1 Rest of the World Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
9.1.2 Rest of the World Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
9.2 Middle East and Africa Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
9.2.1 Middle East and Africa Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
9.2.2 Middle East and Africa Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
9.3 Latin America Electric Vehicle Market Revenue and Volume, 2019 - 2029, (US$ Bn) (Thousand Units)
9.3.1 Latin America Electric Vehicle Market Analysis, By Vehicle Type, 2019 - 2029 (US$ Bn and Thousand Units)
9.3.2 Latin America Electric Vehicle Market Analysis, By Technology, 2019 - 2029 (US$ Bn and Thousand Units)
Chapter 10 Company Profiles
10.1 Nissan Motor Corp
10.1.1 Nissan Motor Corp: Company Snapshot (Company Details, Geographical Presence, Vehicle Type Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.2 Chevrolet.
10.2.1 Chevrolet: Company Snapshot (Company Details, Geographical Presence, Vehicle Type Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.3 Tesla Motor Inc
10.3.1 Tesla Motor Inc: Company Snapshot (Company Details, Geographical Presence, Vehicle Type Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.4 Toyota Motor Corporation
10.4.1 Toyota Motor Corporation: Company Snapshot (Company Details, Geographical Presence, Vehicle Type Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.5 The Ford Motor Company
10.5.1 The Ford Motor Company.: Company Snapshot (Company Details, Geographical Presence, Vehicle Type Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.6 Bayerische Motoren Werke AG
10.6.1 Bayerische Motoren Werke AG: Company Snapshot (Company Details, Geographical Presence, Vehicle Type Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.7 Volkswagen AG
10.7.1 Volkswagen AG: Company Snapshot (Company Details, Geographical Presence, Vehicle Type Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.8 Honda Motor Co Ltd.
10.8.1 Honda Motor Co Ltd.: Company Snapshot (Company Details, Geographical Presence, Vehicle Type Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.9 AB Volvo
10.9.1 AB Volvo: Company Snapshot (Company Details, Geographical Presence, Vehicle Type Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.10 Toyota Motor Corporation
10.10.1 Toyota Motor Corporation : Company Snapshot (Company Details, Geographical Presence, Vehicle Type Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)

Companies Mentioned

  • Nissan Motor Corp
  • Chevrolet.
  • Tesla Motor Inc
  • Toyota Motor Corporation
  • The Ford Motor Company
  • Bayerische Motoren Werke AG
  • Volkswagen AG
  • Honda Motor Co Ltd.
  • AB Volvo.