+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)

Europe Light Electric Vehicles Market Size, Share & Industry Trends Analysis Report By Vehicle Category (2-wheelers, 3-wheelers, and 4-wheelers), By Vehicle Type, By Component Type, By Application, By Power Output, By Country and Growth Forecast, 2022 - 2028

  • PDF Icon

    Report

  • 139 Pages
  • November 2022
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5709384
The Europe Light Electric Vehicles Market should witness market growth of 8.1% CAGR during the forecast period (2022-2028).

The hybrid electric vehicle (HEV) blends a conventional internal combustion engine (ICE) system with an electric propulsion system (hybrid vehicle drivetrain). The inclusion of an electric powertrain is designed to provide either improved fuel economy or enhanced performance compared to a conventional vehicle. There are various HEV varieties, and the extent to which each operates as an electric vehicle (EV) varies.

The hybrid electric automobile is the most prevalent HEV, however hybrid electric trucks (pickups and tractors), buses, boats, and aircraft also exist. Modern HEVs include efficiency-enhancing technology such as regenerative brakes that transform the vehicle's kinetic energy into electric energy, which is then stored in a battery or supercapacitor. This configuration is known as a motor-generator. This is known as a start-stop system.

Many HEVs cut pollutants by shutting down the engine at idle and restarting it when necessary. Because the hybrid's gasoline engine is often smaller than that of a gasoline-powered vehicle of comparable size, hybrid-electric vehicles emit less pollution from their tailpipes. If the engine is not utilized to directly propel the vehicle, it can be geared for maximum efficiency, further enhancing fuel efficiency.

Europe is one of the largest vehicle producers in the world. The company's automotive industry is one of Netherlands's leading industries. According to the International Trade Government, turnover in 2019 was roughly €106 billion, or $119 billion, representing 6.2% of Netherlands's GDP and 11% of the country's manufacturing turnover. The move from thermal engines to electromobility (hybrid and electric) is transforming the business, which may create opportunities for makers of automobile components, charging infrastructure, and diagnostic instruments.

The Germany market dominated the Europe Light Electric Vehicles Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7,617 million by 2028. The UK market is anticipated to grow at a CAGR of 7.2% during (2022-2028). Additionally, The France market would exhibit a CAGR of 9.1% during (2022-2028).

Based on Vehicle Category, the market is segmented into 2-wheelers, 3-wheelers, and 4-wheelers. Based on Vehicle Type, the market is segmented into e-scooter, e-ATV/UTV, Neighborhood Electric Vehicle, e-bike & Motorcycle, e-lawn Mower, Autonomous Forklifts, Delivery Robots & Electric Industrial Vehicle, and Others. Based on Component Type, the market is segmented into Battery Pack, Electric Motor, Motor Controller & Power Controller, Inverters, and e-brake Booster & Power Electronics. Based on Application, the market is segmented into Personal Mobility, Shared Mobility, Recreation & Sports, and Commercial. Based on Power Output, the market is segmented into Less than 6 kW, 6-9 kW, and 9-15 kW. Based on countries, the market is segmented into Germany, UK, France, Russia, Norway, Netherlands, and Rest of Europe.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Tesla, Inc., BMW Group, Columbia Vehicle Group Inc. (Nordic Group of Companies, Ltd.), Godrej Group (Godrej Material Handling), Kion Group, Yamaha Motor Co., Ltd., Textron, Inc., Polaris, Inc., BYD Company Ltd., and Toyota Industries Corporation.

Scope of the Study

By Vehicle Category

  • 2-wheelers
  • 3-wheelers
  • 4-wheelers

By Vehicle Type

  • e-scooter
  • e-ATV/UTV
  • Neighborhood Electric Vehicle
  • e-bike & Motorcycle
  • e-lawn Mower
  • Autonomous Forklifts, Delivery Robots & Electric Industrial Vehicle
  • Others

By Component Type

  • Battery Pack
  • Electric Motor
  • Motor Controller & Power Controller
  • Inverters
  • e-brake Booster & Power Electronics

By Application

  • Personal Mobility
  • Shared Mobility
  • Recreation & Sports
  • Commercial

By Power Output

  • Less than 6 kW
  • 6-9 kW
  • 9-15 kW

By Country

  • Germany
  • UK
  • France
  • Russia
  • Norway
  • Netherlands
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • Tesla, Inc.
  • BMW Group
  • Columbia Vehicle Group Inc. (Nordic Group of Companies, Ltd.)
  • Godrej Group (Godrej Material Handling)
  • Kion Group
  • Yamaha Motor Co., Ltd.
  • Textron, Inc.
  • Polaris, Inc.
  • BYD Company Ltd.
  • Toyota Industries Corporation

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Light Electric Vehicles Market, by Vehicle Category
1.4.2 Europe Light Electric Vehicles Market, by Vehicle Type
1.4.3 Europe Light Electric Vehicles Market, by Component Type
1.4.4 Europe Light Electric Vehicles Market, by Application
1.4.5 Europe Light Electric Vehicles Market, by Power Output
1.4.6 Europe Light Electric Vehicles Market, by Country
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 The Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Sep - 2022, Aug) Leading Players
Chapter 4. Europe Light Electric Vehicles Market by Vehicle Category
4.1 Europe 2-wheelers Market by Country
4.2 Europe 3-wheelers Market by Country
4.3 Europe 4-wheelers Market by Country
Chapter 5. Europe Light Electric Vehicles Market by Vehicle Type
5.1 Europe e-scooter Market by Country
5.2 Europe e-ATV/UTV Market by Country
5.3 Europe Neighborhood Electric Vehicle Market by Country
5.4 Europe e-bike & Motorcycle Market by Country
5.5 Europe e-lawn Mower Market by Country
5.6 Europe Autonomous Forklifts, Delivery Robots & Electric Industrial Vehicle Market by Country
5.7 Europe Others Market by Country
Chapter 6. Europe Light Electric Vehicles Market by Component Type
6.1 Europe Battery Pack Market by Country
6.2 Europe Electric Motor Market by Country
6.3 Europe Motor Controller & Power Controller Market by Country
6.4 Europe Inverters Market by Country
6.5 Europe e-brake Booster & Power Electronics Market by Country
Chapter 7. Europe Light Electric Vehicles Market by Application
7.1 Europe Personal Mobility Market by Country
7.2 Europe Shared Mobility Market by Country
7.3 Europe Recreation & Sports Market by Country
7.4 Europe Commercial Market by Country
Chapter 8. Europe Light Electric Vehicles Market by Power Output
8.1 Europe Less than 6 kW Market by Country
8.2 Europe 6-9 kW Market by Country
8.3 Europe 9-15 kW Market by Country
Chapter 9. Europe Light Electric Vehicles Market by Country
9.1 Germany Light Electric Vehicles Market
9.1.1 Germany Light Electric Vehicles Market by Vehicle Category
9.1.2 Germany Light Electric Vehicles Market by Vehicle Type
9.1.3 Germany Light Electric Vehicles Market by Component Type
9.1.4 Germany Light Electric Vehicles Market by Application
9.1.5 Germany Light Electric Vehicles Market by Power Output
9.2 UK Light Electric Vehicles Market
9.2.1 UK Light Electric Vehicles Market by Vehicle Category
9.2.2 UK Light Electric Vehicles Market by Vehicle Type
9.2.3 UK Light Electric Vehicles Market by Component Type
9.2.4 UK Light Electric Vehicles Market by Application
9.2.5 UK Light Electric Vehicles Market by Power Output
9.3 France Light Electric Vehicles Market
9.3.1 France Light Electric Vehicles Market by Vehicle Category
9.3.2 France Light Electric Vehicles Market by Vehicle Type
9.3.3 France Light Electric Vehicles Market by Component Type
9.3.4 France Light Electric Vehicles Market by Application
9.3.5 France Light Electric Vehicles Market by Power Output
9.4 Russia Light Electric Vehicles Market
9.4.1 Russia Light Electric Vehicles Market by Vehicle Category
9.4.2 Russia Light Electric Vehicles Market by Vehicle Type
9.4.3 Russia Light Electric Vehicles Market by Component Type
9.4.4 Russia Light Electric Vehicles Market by Application
9.4.5 Russia Light Electric Vehicles Market by Power Output
9.5 Norway Light Electric Vehicles Market
9.5.1 Norway Light Electric Vehicles Market by Vehicle Category
9.5.2 Norway Light Electric Vehicles Market by Vehicle Type
9.5.3 Norway Light Electric Vehicles Market by Component Type
9.5.4 Norway Light Electric Vehicles Market by Application
9.5.5 Norway Light Electric Vehicles Market by Power Output
9.6 Netherlands Light Electric Vehicles Market
9.6.1 Netherlands Light Electric Vehicles Market by Vehicle Category
9.6.2 Netherlands Light Electric Vehicles Market by Vehicle Type
9.6.3 Netherlands Light Electric Vehicles Market by Component Type
9.6.4 Netherlands Light Electric Vehicles Market by Application
9.6.5 Netherlands Light Electric Vehicles Market by Power Output
9.7 Rest of Europe Light Electric Vehicles Market
9.7.1 Rest of Europe Light Electric Vehicles Market by Vehicle Category
9.7.2 Rest of Europe Light Electric Vehicles Market by Vehicle Type
9.7.3 Rest of Europe Light Electric Vehicles Market by Component Type
9.7.4 Rest of Europe Light Electric Vehicles Market by Application
9.7.5 Rest of Europe Light Electric Vehicles Market by Power Output
Chapter 10. Company Profiles
10.1 Tesla, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent Strategies and Developments
10.1.5.1 Partnerships, Collaborations, and Agreements
10.1.6 SWOT Analysis
10.2 BMW Group
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Regional analysis
10.2.5 Research & Development Expense
10.2.6 Recent Strategies and Developments
10.2.6.1 Partnerships, Collaborations, and Agreements
10.2.6.2 Product Launches and Product Expansions
10.2.7 SWOT Analysis
10.3 Columbia Vehicle Group Inc. (Nordic Group of Companies, Ltd.)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.4 Godrej Group (Godrej Material Handling)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expense
10.5 Kion Group
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental Analysis
10.5.4 Research & Development Expense
10.6 Yamaha Motor Co., Ltd.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent Strategies and Developments
10.6.5.1 Partnerships, Collaborations, and Agreements
10.6.5.2 Product Launches and Product Expansions
10.7 Textron, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional & Segmental Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent Strategies and Developments
10.7.5.1 Partnerships, Collaborations, and Agreements
10.8 Polaris, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional & Segmental Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent Strategies and Developments
10.8.5.1 Partnerships, Collaborations, and Agreements
10.8.5.2 Product Launches and Product Expansions
10.9 BYD Company Ltd.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent Strategies and Developments
10.9.5.1 Partnerships, Collaborations, and Agreements
10.9.5.2 Product Launches and Product Expansions
10.10. Toyota Industries Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental Analysis
10.10.4 Research & Development Expense
10.10.5 Recent Strategies and Developments
10.10.5.1 Partnerships, Collaborations, and Agreements
10.10.5.2 Product Launches and Product Expansions

Companies Mentioned

  • Tesla, Inc.
  • BMW Group
  • Columbia Vehicle Group Inc. (Nordic Group of Companies, Ltd.)
  • Godrej Group (Godrej Material Handling)
  • Kion Group
  • Yamaha Motor Co., Ltd.
  • Textron, Inc.
  • Polaris, Inc.
  • BYD Company Ltd.
  • Toyota Industries Corporation

Methodology

Loading
LOADING...