Report Description
A recent market
intelligence report that is published by Data Insights Partner on Electric Vehicles
market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Electric Vehicles market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and world Electric Vehicles market over the short
as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of international Electric Vehicles market is offered. In accordance with the report, the global Electric
Vehicles market is projected to expand at a CAGR of 18.0% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
An electric vehicle (EV) which is also coined as electric
drive vehicles is a car which uses one or more than one electric motors and
controllers for propulsion. In the EVs, electricity may be used as
transportation fuel to power wheels through electric motor. Electric vehicles
have limited ability of energy storage which may be replenished (charged) by
plugging through electrical source. The global Electrical Vehicles market is
primarily driven by the increasing demand for fuel-efficient low emission vehicles
across worldwide. On the other hand, growing awareness about the environment
pollution and strict government regulation may lead the growth of the global
Electric Vehicles market in the upcoming period- it is estimated that the
number of electric vehicles will cross almost 25 Million units by 2030. On the
contrary, the growth of the global Electric Vehicles market may be restrained
by the higher cost for manufacturing electric vehicles, less number of power
stations and lack of standardization of charging infrastructure. However,
technological advancements, increasing research and development expenditure,
strategic alliance among the key players etc. would likely to provide the
global Electric Vehicles market an opportunity to grow in the upcoming period.
In Sept. 2019, Volkswagen introduced the ID.3, the new battery operated
electric vehicle in the Frankfurt Motor Show, Germany.
Segment Covered:
This market
intelligence report on the global Electric Vehicles market encompasses market
segments based on component, vehicle type, power source, charging type and
geography. On the basis of component, the sub-markets is segmented into Battery
Cells & Packs, On-Board Charger, and Infotainment System. Based on vehicle
type, the global Electric Vehicles market has been segregated into two
wheelers, passenger cars, commercial vehicles and others. Furthermore, the
market is also classified into Sedan, Hatchback, SUV, and others, in terms of
passenger cars segment. By power source, the global Electric Vehicles market is
also classified into Battery Electric Vehicle (including Lead–Acid Battery,
Lead Carbon Battery, Lithium–Ion Battery, Solid-State Battery,) Fuel Cell
Electric Vehicle, Plug-In Hybrid Electric Vehicle, Hybrid Electric Vehicle
(HEV). In terms of charging type, the global Electric Vehicles market is also
categorized into normal charging and super charging. By Geography, the global Electric
Vehicles market has been divided into
North America (the U.S., Canada), Latin America (Brazil, Mexico, Argentina and
other countries), Europe (Germany, France, the U.K., Spain, Italy, Russia, and
other countries), Asia Pacific (India, Japan, China, Australia and New Zealand
and other countries), Middle East and Africa (GCC, South Africa, Israel and
Other countries). It is estimated that the Electric Vehicles market in China
will propel by the highest CAGR during the forecast period due to increasing demands
of electric vehicles and strong awareness about the environment pollution and
low emission based vehicles.
Profiling of Market
Players:
This business intelligence report offers profiling of
reputed companies that are operating in the market. Companies such as BYD
Company Limited, Volkswgen, DAIMLER AG, General
Motors Company, TESLA, Inc., Toyota Motor Corporation, Groupe Renault, Revolt,
Honda and Yamaha Corporation among others have been profiled into detail so as
to offer a glimpse of the market leaders. Moreover, parameters such as Electric
Vehicles market related investment & spending and developments by major
players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Electric Vehicles market, size of the market (US$ Mn and Units), and Compound
Annual Growth Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking
into account 2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Electric Vehicles market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as BYD Company
Limited, Volkswgen, DAIMLER AG, General Motors Company, TESLA,
Inc., Toyota Motor Corporation, and Groupe Renault among others
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Electric Vehicles market caters to the
needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Electric Vehicles market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Electric Vehicles market
v
Identification
of key factors driving investment opportunities in the Electric
Vehicles market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants