Home / Automotive & Transportation / New Energy Vehicles Market By Energy Type (Battery Electric Vehicle, Plug-In Hybrid Electric Vehicles, Fuel Cell Electric Vehicle), By Vehicle Type (Passenger Cars, Buses, Industrial Vehicles, Scooters) - Growth, Future Prospects And Competitive Analysis 2015 - 2025

New Energy Vehicles Market By Energy Type (Battery Electric Vehicle, Plug-In Hybrid Electric Vehicles, Fuel Cell Electric Vehicle), By Vehicle Type (Passenger Cars, Buses, Industrial Vehicles, Scooters) - Growth, Future Prospects And Competitive Analysis 2015 - 2025

Published: Apr 2017 | Report Code: 58428-04-17

New energy vehicles (NEVs) encompass various automotive four wheelers and two wheelers which make use of alternative fuel source as opposed to the conventional oil and gas. The new energy vehicles make use of electric motors which can run on electricity either stored in a battery, generated during braking and general running or created using a hydrogen fuel cell. Moreover, these vehicle can be stand-alone or hybrid depending on the product offering. Thereby, these vehicles can be classified into battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and fuel cell electric vehicles (FCEVs). The BEVs are essentially vehicles which only run on an electric motor powered by electricity stored in a large battery cell in the vehicle. Thereby, these vehicles offer a long drive range with practically zero emissions and these vehicles can be charged at various public charging stations or at home. The PHEVs offer combined benefits of a traditional combustion engine along with an additional electric motor. The electric motor in the PHEVs is run by a battery which gets charged while general running and braking of the vehicle moreover, the battery can be charged separately for long run. The FCEVs make use of the same electric motors used in BEVs however, differs in terms of its electricity generation process. The FCEVs make use of fuel cells which are filled with hydrogen and combine with atmospheric oxygen to produce electricity and water as a byproduct. These vehicles can be easily charged at hydrogen fuel stations and offer a similar driving rage as BEVs

Rising environmental concerns and growing demand for pollution free and energy efficient transportation solutions have led to the increasing demand for new energy vehicles across the world. Some of the leading markets across the world have witnessed growing demand for various types of NEVs such as passenger cars, buses, industrial vehicles, scooters and other low-velocity neighborhood cars, golf carts and personal mobility vehicles, among others. Depending on various government initiatives and existing infrastructure, these types of vehicles have witnessed varied rate of adoption in different countries. However, with increasing investments towards new energy vehicle production and favorable government policies, the overall NEVs market is expected to witness significant growth during the forecast period.

New Energy Vehicles Market

The report titled “Global New Energy Vehicles Market- Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global new energy vehicles market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on energy type, vehicle type and cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report covers a section providing production trends and sales in some of the major markets.

In order to help strategic decision makers, the report also includes competitive profiling of the leading providers of new energy vehicles, market positioning and key developments. Some of the major players profiled in the report are Renault-Nissan Alliance, Mitsubishi Motors Corporation, General Motors Company, Toyota Motor Corporation, Ford Motor Company, BMW Group, Zhejiang Geely Holding Group Co., Ltd., BAIC Motor Corporation, LTD., Volkswagen Group, BYD Auto Co., Ltd., Tesla, Inc., SAIC Motor Corporation Limited, China Anhui Jianghuai Automobile Co., Ltd. (JAC Motors), Motrec International, Inc., Taylor-Dunn Manufacturing Company, Karrior EV and Bradshaw Electric Vehicles.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the new energy vehicles industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global new energy vehicles market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

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 New Energy Vehicles (NEVs) Market
2.2 Global New Energy Vehicles (NEVs) Market, By Energy Type
2.3 Global New Energy Vehicles (NEVs) Market, By Vehicle Type
2.4 Global New Energy Vehicles (NEVs) Market, By Geography

Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global New Energy Vehicles (NEVs) Market Revenue and Growth, 2015 – 2025, (US$ Bn) (Y-o-Y %)
3.2 Key Market Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.4.1 Impact Analysis of Drivers and Restraints
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies adopted by the Leading Players

Chapter 4 Global New Energy Vehicles (NEVs) Market Analysis, by Energy Type
4.1 Market Analysis
4.2 Battery Electric Vehicle (BEVs)
4.3 Plug-in Hybrid Electric Vehicles (PHEVs)
4.4 Fuel Cell Electric Vehicle (FCEVs)

Chapter 5 Global New Energy Vehicles (NEVs) Market Analysis, by Vehicle Type
5.1 Market Analysis
5.2 Passenger Cars
5.3 Buses
5.4 Industrial Vehicles
5.5 Scooters
5.6 Others (Low-velocity Golf Carts, Personal Mobility Vehicles, Neighborhood Cars etc.)

Chapter 6 North America New Energy Vehicles (NEVs) Market Analysis
6.1 Overview
6.2 North America New Energy Vehicles (NEVs) Market Analysis, By Energy Type, 2015 – 2025
6.2.1 Market Analysis
6.3 North America New Energy Vehicles (NEVs) Market Analysis, By Vehicle Type, 2015 – 2025
6.3.1 Market Analysis
6.4 North America New Energy Vehicles (NEVs) Market Analysis, By Region, 2015 – 2025
6.4.1 U.S.
6.4.2 Rest of North America

Chapter 7 Europe New Energy Vehicles (NEVs) Market Analysis
7.1 Overview
7.2 Europe New Energy Vehicles (NEVs) Market Analysis, By Energy Type, 2015 – 2025
7.2.1 Market Analysis
7.3 Europe New Energy Vehicles (NEVs) Market Analysis, By Vehicle Type, 2015 – 2025
7.3.1 Market Analysis
7.4 Europe New Energy Vehicles (NEVs) Market Analysis, By Region, 2015 – 2025
7.4.1 U.K.
7.4.2 Germany
7.4.3 France
7.4.4 Rest of Europe

Chapter 8 Asia Pacific New Energy Vehicles (NEVs) Market Analysis
8.1 Overview
8.2 Asia Pacific New Energy Vehicles (NEVs) Market Analysis, By Energy Type, 2015 – 2025
8.2.1 Market Analysis
8.3 Asia Pacific New Energy Vehicles (NEVs) Market Analysis, By Vehicle Type, 2015 – 2025
8.3.1 Market Analysis
8.4 Asia Pacific New Energy Vehicles (NEVs) Market Analysis, By Region, 2015 – 2025
8.4.1 China
8.4.2 Japan
8.4.3 Rest of Asia Pacific

Chapter 9 Rest of the World (RoW) New Energy Vehicles (NEVs) Market Analysis
9.1 Overview
9.2 RoW New Energy Vehicles (NEVs) Market Analysis, By Energy Type, 2015 – 2025
9.2.1 Market Analysis
9.3 RoW New Energy Vehicles (NEVs) Market Analysis, By Vehicle Type, 2015 – 2025
9.3.1 Market Analysis
9.4 RoW New Energy Vehicles (NEVs) Market Analysis, By Region, 2015 – 2025
9.4.1 Middle East & Africa (MEA)
9.4.2 Latin America

Chapter 10 Company Profiles
10.1 Renault-Nissan Alliance
10.2 Mitsubishi Motors Corporation
10.3 General Motors Company
10.4 Toyota Motor Corporation
10.5 Ford Motor Company
10.6 BMW Group
10.7 Zhejiang Geely Holding Group Co., Ltd.
10.8 BAIC Motor Corporation, LTD.
10.9 Volkswagen Group
10.10 BYD Auto Co., Ltd.
10.11 Tesla, Inc.
10.12 SAIC Motor Corporation Limited
10.13 China Anhui Jianghuai Automobile Co., Ltd. (JAC Motors)
10.14 Motrec International, Inc.
10.15 Taylor-Dunn Manufacturing Company
10.16 Karrior EV
10.17 Bradshaw Electric Vehicles

List Of Table :

TABLE 1             Market Snapshot: Global New Energy Vehicles (NEVs) Market

TABLE 2             Impact Indicators

TABLE 3             Impact Analysis of Drivers and Restraints

TABLE 4             North America New Energy Vehicles (NEVs) Market Revenue, By Energy Type, 2015 – 2025 (US$ Bn)

TABLE 5             North America New Energy Vehicles (NEVs) Market Revenue, By Vehicle Type, 2015 – 2025 (US$ Bn)

TABLE 6             Europe New Energy Vehicles (NEVs) Market Revenue, By Energy Type, 2015 – 2025 (US$ Bn)

TABLE 7             Europe New Energy Vehicles (NEVs) Market Revenue, By Vehicle Type, 2015 – 2025 (US$ Bn)

TABLE 8             Asia Pacific New Energy Vehicles (NEVs) Market Revenue, By Energy Type, 2015 – 2025 (US$ Bn)

TABLE 9             Asia Pacific New Energy Vehicles (NEVs) Market Revenue, By Vehicle Type, 2015 – 2025 (US$ Bn)

TABLE 10          RoW New Energy Vehicles (NEVs) Market Revenue, By Energy Type, 2015 – 2025 (US$ Bn)

TABLE 11          RoW New Energy Vehicles (NEVs) Market Revenue, By Vehicle Type, 2015 – 2025 (US$ Bn)

TABLE 12          Renault-Nissan Alliance: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 13          Mitsubishi Motors Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 14          General Motors Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 15          Toyota Motor Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 16          Ford Motor Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 17          BMW Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 18          Zhejiang Geely Holding Group Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 19          BAIC Motor Corporation, LTD.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 20          Volkswagen Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 21          BYD Auto Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 22          Tesla, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 23          SAIC Motor Corporation Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 24          China Anhui Jianghuai Automobile Co., Ltd. (JAC Motors): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 25          Motrec International, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 26          Taylor-Dunn Manufacturing Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 27          Karrior EV: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

TABLE 28          Bradshaw Electric Vehicles: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

 

List Of Figure :

FIG. 1 Global New Energy Vehicles (NEVs): Market Segmentation
FIG. 2 Global New Energy Vehicles (NEVs) Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global New Energy Vehicles (NEVs) Market, By Energy Type, 2016 (US$ Bn)
FIG. 5 Global New Energy Vehicles (NEVs) Market, By Vehicle Type, 2016 (US$ Bn)
FIG. 6 Global New Energy Vehicles (NEVs) Market, By Geography, 2016 (US$ Bn)
FIG. 7 Global New Energy Vehicles (NEVs) Market Revenue and Growth, 2015 – 2025, (US$ Bn) (Y-o-Y %)
FIG. 8 Attractive Investment Proposition
FIG. 9 Market Positioning of Key New Energy Vehicles (NEVs) Vendors, 2016
FIG. 10 Global New Energy Vehicles (NEVs) Market Revenue Contribution, By Energy Type, 2016 & 2025 (Value %)
FIG. 11 Global Battery Electric Vehicles (BEVs) Market Revenue, 2015 – 2025, (US$ Bn)
FIG. 12 Global Plug-in Hybrid Electric Vehicles (PHEVs) Market Revenue, 2015 – 2025, (US$ Bn)
FIG. 13 Global Fuel Cell Electric Vehicle (FCEVs) Market Revenue, 2015 – 2025, (US$ Bn)
FIG. 14 Global New Energy Vehicles (NEVs) Market Revenue Contribution, By Vehicle Type, 2016 & 2025 (Value %)
FIG. 15 Global New Energy Vehicles (NEVs) Market Revenue from Passenger Cars, 2015 – 2025 (US$ Bn)
FIG. 16 Global New Energy Vehicles (NEVs) Market Revenue from Buses, 2015 – 2025 (US$ Bn)
FIG. 17 Global New Energy Vehicles (NEVs) Market Revenue from Industrial Vehicles, 2015 – 2025 (US$ Bn)
FIG. 18 Global New Energy Vehicles (NEVs) Market Revenue from Scooters, 2015 – 2025 (US$ Bn)
FIG. 19 Global New Energy Vehicles (NEVs) Market Revenue from Others, 2015 – 2025 (US$ Bn)
FIG. 20 North America New Energy Vehicles (NEVs) Market Revenue, 2015 – 2025, (US$ Bn)
FIG. 21 Europe New Energy Vehicles (NEVs) Market Revenue, 2015 – 2025, (US$ Bn)
FIG. 22 Asia Pacific New Energy Vehicles (NEVs) Market Revenue, 2015 – 2025, (US$ Bn)
FIG. 23 RoW New Energy Vehicles (NEVs) Market Revenue, 2015 – 2025, (US$ Bn)

 

The global new energy vehicles (NEVs) market is segmented, based on energy type, into following categories

  • Battery Electric Vehicles (BEVs)
  • Plug-in Hybrid Electric Vehicles (PHEVs)
  • Fuel Cell Electric Vehicles (FCEVs)

New Energy Vehicles Market

In 2016, the battery electric vehicles (BEVs) segment was the largest contributor in the global new energy vehicles (NEV) market, in terms of both production and sales revenue. The BEVs are widely used in various applications such as general commute, warehouse operations and handling, and neighborhood transport. Thereby, the BEV segment is expected to maintain its dominance throughout the forecast period from 2017 to 2025.

The fuel cell electric vehicles (FCEVs) are expected to witness the fastest growth on account of ongoing technological advancements in fuel cell technology. Despite immense growth during the forecast period, the FCEVs segment is not expected to have a significant impact as compared to the BEVs and PHEVs segments in the overall NEVs market.

The global new energy vehicles (NEVs) market has been segmented, on the basis of geographical regions, as per following regions and countries:

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East and Africa (MEA)
    • Latin America

New Energy Vehicles Market

In 2016, Asia Pacific dominated the overall new energy vehicles (NEVs) market across the world. The segment contributed to more than half of the total revenue generated globally in 2016. With increasing demand for energy efficient vehicles with near to zero emissions in China, the overall Asia Pacific market is expected to witness tremendous growth during the forecast period despite being the largest market currently.

Europe and North America followed Asia Pacific in the overall NEVs market in terms of revenue in 2016. With ongoing installations of charging stations in some of the key countries including the U.S., UK, Germany and France, among others, these regions are expected to witness growing adoption of the NEVs in the following years.

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