Global Electric Vehicles Market Trends, Demand and Forecast To 2025Posted by Rishikesh Kurane on September 27th, 2019 The global electric vehicle market is a very dynamic and is expected to witness significant growth over the forecast period. The growth of the electric vehicle market is majorly influenced by the surge in demand of electric vehicle worldwide, increasing fuel prices, and expansion of global auto-manufacturers into new emerging markets and government initiatives and among others. On the other hand, emerging economies seeks more opportunities for electric vehicles will create ample scope for market growth. However, high prices of electric vehicles and underdeveloped aftermarket services could hinder the market growth. Global automakers are increasingly introducing the electric cars to tackle the vehicle emission problems and reduce pollution. This has resulted in electric cars being increasingly affordable and commercially competitive with the conventional gasoline cars. One of the major drawbacks of the electric cars is the complexity of its drive and power train systems. The manufacturing of the individual components of these systems is highly costly and requires more time to test and implement the technology. Request for Free Sample of Electric Vehicles (EV) Market @ https://www.marketresearchfuture.com/sample_request/1793 Market Dynamics Market Research Analysis: Geographically, Asia-Pacific is the leading market for electric vehicle which has consumed the market share of 53.2% in 2016. Presence of China, Japan and South Korea is one of the major factors that is driving the electric vehicles market. China is the largest market for electric car and electric two wheeler. Since 2015, the sales have been grown massively in China. However, it has created an ample scope for the automakers to cover the region. Moreover, the automakers such as Tesla, Tata Motors, Hyundai and other have decided to initiative the electric car production in India as well, which is quiet a profitable decision as the government has also taken various steps to make more investment in these countries. As per MRFR analysis, China is the largest market for electric vehicles production and has produced around 40% of the total electric vehicle build globally in 2016. Overtaking the US, China is now the most attractive country for electric vehicles. China has stretched its industry leadership by making profits across all scopes of the supply side of electric vehicles containing current and projected production of electric vehicle and their components, such as electric motors and lithium-ion battery cells. Global Electric Vehicles Market 2017-2023 Scope of the Report: This study provides an overview of the global electric vehicles market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global electric vehicles market by technology, by vehicle type and by regions. By Technology
By Vehicle type
By Regions
Key Players: The key players of the global electric vehicles market are Nissan Motor Company, Tesla Inc, Toyota Motor Corporation, Ford Motor Company, Volkswagen, BMW, General Motors, Daimler AG, Hyundai Motor Company, Mitsubishi Motors Corporation and among others. Complete Report Details of Electric Vehicles (EV) Market @ https://www.marketresearchfuture.com/reports/electric-vehicles-market-1793 Table of Contents 1 Executive Summary 2 Introduction 3 Research Methodology 4 Market Dynamics 5 Market Factor Analysis 6 Global Electric Vehicle Market, By Technology 7 Global Electric Vehicle Market, By Vehicle Type 8 Global Electric Vehicle Market, By Region 9 Competitive Landscape 10 Company Profiles List of Tables TABLE 1 GLOBAL ELECTRIC VEHICLE MARKET, BY TECHNOLOGY, 2015–2023 TABLE 2 GLOBAL ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2017–2025 TABLE 3 GLOBAL ELECTRIC VEHICLE MARKET, BY REGION, 2017–2025 TABLE 4 NORTH AMERICA ELECTRIC VEHICLE MARKET BY COUNTRY, 2017–2025 TABLE 5 NORTH AMERICA ELECTRIC VEHICLE MARKET BY TECHNOLOGY, 2017–2025 .... List of Figures FIGURE 1 RESEARCH PROCESS OF MRFR FIGURE 2 TOP DOWN & BOTTOM UP APPROACH FIGURE 3 MARKET DYNAMICS FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS FIGURE 5 NUMBER OF ELECTRIC CAR ON ROAD IN 2016 …….. Continued About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. CONTACT US: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 sales@marketresearchfuture.com Like it? Share it! More by this author |