Electric Vehicles Market By Vehicle (Electric Buses, Electric Cars, Electric Motorcycles), By Technology (Electric Vehicle (BEV), Plug-In Electric Vehicle (PEV), Plug-In Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV)) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2022

The global electric vehicle market has observed significant growth in the last five years and is expected to witness double-digit growth through the forecast period of 2016–2022. This growth is primarily attributed to the 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 to purchase new electric cars to promote the use of electric cars. Rising fuel prices and improving economic conditions are also expected to spur demand for electric vehicles.

The expected exponential growth in the 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 2016–2022" highlights key opportunities in the global electric vehicle market.

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

The market study of electric vehicles also provides market estimates and forecasts of the sizes of the different types of electric vehicles and technology markets in the global, regional, and country-level markets in terms of both volumes (number of units sold) and revenue (US Bn). This market is classified based on vehicle type and region. The report also includes cross-sectional analysis at the regional and country level, i.e., the regional market size by vehicle type. This study includes historical market size (2013 and 2014), a market estimate (2015), and a forecast for 2016–2022 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, a financial overview, major competitors, a product portfolio, recent developments, and the regional positioning of these manufacturers. The report also provides an in-depth analysis of global market competition, regional market players and suppliers, the positioning of key market players in the global market, and their market-winning strategies.

The global electric vehicle market is classified into the 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 the Rest of the World (RoW). The rest of the electric vehicle market is further classified into South America, Africa, and the Middle East.

North America is the largest regional market for electric vehicles and accounted for half of the market share in 2014. The U.S. represents the largest individual market, followed by Japan. In addition, the U.S. is also the largest country for the sale of light-duty plug-in electric vehicles. The U.S. government is offering a tax credit for new electric vehicles, driving the demand for electric vehicles in the country. In addition, many European countries are promoting using electric vehicles to reduce fuel consumption and the economic burden. The Asia Pacific region is expected to witness significant growth with the increased registration of electric vehicles in India, China, Japan, Australia, and Southeast Asian countries.

Frequently Asked Question:

The market for Electric Vehicles is expected to reach USD$ XX Bn in 2022.

The Electric Vehicles Market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted from 2016 -2022.

The base year of this report is 2015.

Nissan Motor Corp, Chevrolet., Tesla Motor Inc, Toyota Motor Corporation ,The Ford Motor Company. are some of the major players in the global market.

Choose License Type
Trusted By
Published Date:  Jul 2016
Category:  Automotive & Transportation
Report ID:   57989
Report Format:   PDF
Pages:   120
Rating:    4.3 (55)
Delivery Time: 24 Hours to 48 Hours   
Connect With Us
24/7 Research Support