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Electric Vehicle Market
| Status : Published | Published On : Feb, 2024 | Report Code : VRAT4005 | Industry : Automotive & Transportation | Available Format :
|
Page : 218 |
Global Electric Vehicle Market – Analysis and Forecast (2025-2030)
Industry Insights by Component (Infotainment System, EV Battery Cells & Packs, Instrument Cluster and On-Board Charger), by Propulsion Type (Plug-in Hybrid, Battery, Fuel Cell and Hybrid), by Vehicle Type (Passenger Cars and Commercial Vehicles), by Power Output (Less Than 100 kW, 100 kW to 250 kW, and More than 250 kW), by Vehicle Class (Mid-Priced and Luxury), by EV Charging Points (Normal Charging and Super Charging), and by Vehicle Drive Type (Front-Wheel Drive, Rear-Wheel Drive, and All-Wheel Drive)
Industry Overview
The Global Electric Vehicle Market is expected to grow from USD 180.12 billion in 2023 to USD 801.76 billion by 2030, registering a CAGR of 21.6 % during the forecast period 2025-2030. An electric vehicle (EV) also called electric motors, is a self-propelling vehicle that needs one or more electric motors and makes its own electricity for propulsion. The global electric vehicle market is growing at a substantial rate, due to the rise in environmental pollution, rising demand for fuel-efficient vehicles, concerns regarding sustainable growth, and promising government strategies and supports. Different types of propulsion have contributed to the electric vehicle market size. The market has seen a high demand for battery electric vehicles during the forecast period owing to improvements in charging infrastructure, government assistance in the form of permits, supports, and tax rebates, decreasing charging time, and zero-emission of carbon.
The COVID-19 pandemic had a severe impact across all the verticals especially the automobile sector is severely impacted by it. The production and sales of new vehicles had come to a halt and OEMs resumed the production after the lockdown was lifted. The conditions have improved after the lockdown was lifted and EV manufacturers are producing zero-emission vehicles, resulting in an increase in demand for electric vehicles in the market.
Market Segmentation
Insight by Component
On the basis of components, the global electric vehicle market is subdivided into infotainment systems, EV battery cells & packs, instrument clusters, and onboard chargers. Of all components, the EV battery segment accounts for the largest share in the market because it is the most important component of an EV and it makes up the substantial cost of an EV due to its high cost.
Insight by Propulsion Type
On the basis of propulsion type, the global electric vehicle market is segmented into the plug-in hybrid electric vehicle (PHEV), battery electric vehicle (BEV), fuel cell electric vehicle (FCEV), and hybrid electric vehicle (HEV). Among all the propulsion types, the BEV is anticipated to be the most lucrative segment owing to the refining charging infrastructure, government assistance in the form of permits, supports, and tax rebates reduced charging time, and zero-emission of carbon. In addition, the FCEV segment is expected to grow at the fastest rate in the electric vehicle market owing to the rising demand for vehicles with low carbon emissions, government support, and the availability of better subsidies. Moreover, FCEV offers various advantages such as fuel refueling, and increasing investment in advanced fuel cell technology.
Insight by Vehicle Type
On the basis of vehicle type, the global electric vehicle market is divided into two-wheelers, passenger cars (PC), and commercial vehicles (CV). Of all these vehicle types, passenger cars are anticipated to have the largest share in the electric vehicle market due to the rising for fuel-efficient vehicles and mounting environmental awareness among consumers. The commercial vehicle is anticipated to be the most promising and fast-growing segment during the forecast period owing to the rising adoption of electric buses especially in China and India by replacing fossil-fuel-based public transport fleets. Moreover, the trend of using eCommerce, logistics, and shared mobility will propel the growth of the electric commercial vehicle market during the forecast period.
Insight by Power Output
On the basis of power output, the global electric vehicle market is segregated into less than 100 kW, 100 kW to 250 kW, and more than 250 kW. The 100 kW to 250 kW is anticipated to witness a high CAGR during the forecast period owing to the rising adoption of electric buses and trucks for public transportation and freight service applications.
Insight by Vehicle Class
On the basis of vehicle class, the global electric vehicle market is bifurcated into mid-priced and luxury, The mid-priced segment is anticipated to grow at a high CAGR during the forecast period and it has limited functions and has less emphasis on infotainment, dashboards, and other expensive functions. China is one of the leading countries in the mid-price segment. For instance, the world’s cheapest EV, Wuling HongGuang Mini EV was launched in China and its cost was USD 5000. This was the top-sold EV model with no additional features except traditional driving.
Insight by EV Charging Points
On the basis of EV charging points, the global electric vehicle market is bifurcated into normal charging and supercharging. The supercharging segment is anticipated to witness the fastest growth during the forecast period. The Asia Pacific region has the highest number of superchargers in the world as Asian people prefer to fast charge their vehicles for daily use.
Insight by Vehicle Drive Type
On the basis of vehicle drive type, the global electric vehicle market is divided into front-wheel drive, rear-wheel drive, and all-wheel drive. Among all these segments, the demand for real-wheel drive EVs is anticipated to be high during the forecast period. It has easier vehicle control and the rising demand in the Asia Pacific and Europe.
Global Electric Vehicle Market Report Coverage
|
Report Metric |
Details |
|
Historical Period |
2018 - 2023 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025 - 2030 |
|
Market Size in 2023 |
U.S.D. 180.12 Billion |
|
Revenue Forecast in 2030 |
U.S.D. 801.76 Billion |
|
Growth Rate |
21.6% |
|
Segments Covered in the Report |
By Component, By Propulsion Type, By Vehicle Type, By Power Output, By Vehicle Class, By EV Charging Points, By Vehicle Drive Type |
|
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
|
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and Rest of the World |
Industry Dynamics
Industry Trends
Development of electric taxis, battery swapping, light electric vehicle, robot taxi, and electric autonomous vehicles are the trends observed in the electric vehicle market.
Growth Drivers
The growing government strategies and supports, significant investments from automakers in EVs, rising prices of petroleum, the launch of novel & innovative technologies, expanding vehicle range, and amplified vehicle variety per charge are the major growth drivers for the electric vehicle market.
Moreover, rising demand for a fuel-efficient vehicle with zero carbon emission and soundless operations, rising concern about environmental pollution due to greenhouse gases emission, and stringent rules and regulations regarding vehicle emissions are further driving the growth of the market. For instance, according to World Health Organization (WHO), global exposure to ambient air pollution leads to 4.2 million deaths every year. In addition, 91% of the world’s population lives in places where air quality exceeds WHO guidelines limits.
Adoption of vehicle-to-grid (V2G) EV charging stations, volumetric swell in the automotive sector, improving charging infrastructure, reducing the cost of lithium-ion batteries, and EV charging stations motorized by solar panels are also contributing to the growth of the electric vehicle market. Nevertheless, the increasing scale of economies for electric vehicle manufacturers will significantly drive the growth of electric vehicles during the forecast period.
Challenges
Insufficient standardization, the short lifespan of the EV battery, lack of sufficient charging infrastructure, and stringent rules for the installation of charging stations are the major challenges for the growth of the electric vehicle market. In addition, limited vehicle range, longer charging time in comparison to other fuels, the high manufacturing cost of EVs, and the small distance traveled by EVs are the challenges faced by the electric vehicle market.
Opportunities
Technological development in electric vehicles, the development of Wireless EV Charging Technology for On-The-Go Charging, and proactive government initiatives are expected to create various opportunities for the growth of the market.
Industry Ecosystem
Globally industry players are leveraging market growth by launching new products. Different players are investing in the development of new battery technology to lower the cost of electric vehicles to compete against gasoline vehicles in terms of price and performance. In the coming years, industry leaders are anticipated to significantly lower the cost of these vehicles and enhance the performance of these vehicles leading to adoption by the masses.
Geographic Overview
Geographically, Asia-Pacific is the largest electric vehicle market and is expected to witness the fastest growth in the market due to government initiatives in the form of permits, support, and tax rebates. Constantly refining charging set up in countries such as Japan and China and expanding vehicle range is also expanding the growth in Asia-Pacific electric vehicle market. Furthermore, China is the largest producer and budding market for EVs, as it has the utmost number of EV fabrication industries and the largest fleet of EVs on the road. Moreover, the availability of strong charging infrastructure and government support are the factors driving the growth of the China electric vehicle market.
Competitive Insight
Key players in the electric vehicle market are catering to the demand by collaborating with small players, building strong distribution networks, investing in R&D to develop new products, and investing in technologically advanced EVs across the globe.
Toyota launched the new LS and Mirai models in Japan which come with advanced driving assist technology.
BYD launched four new electric vehicle models equipped with Blade batteries in Chongqing. The new vehicle models, Tang EV, Qin Plus EV, Song Plus EV, and E2 2021 come with advanced battery safety features.
Tesla, BMW, Volvo, Nissan Motor, Toyota, Hyundai, Volkswagen, Ford, BYD Auto, Honda, and Daimler are the key players offering electric vehicles.
The Electric Vehicle Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
- By Component
- Infotainment System
- EV Battery Cells & Packs
- Instrument Cluster
- On-Board Charger
- By Propulsion Type
- Plug-in Hybrid
- Battery
- Fuel Cell
- Hybrid
- By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- By Power Output
- Less Than 100 kW
- 100 kW to 250 kW
- More than 250 kW
- By Vehicle Class
- Mid-Priced
- Luxury
- By EV Charging Points
- Normal Charging
- Super Charging
- By Vehicle Drive Type
- Front-Wheel Drive
- Rear-Wheel Drive
- All-Wheel Drive
Region Covered in the Report
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries
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Source: VynZ Research
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Source: VynZ Research
1. Research Overview
1.1. The Report Offers
1.2. Market Coverage
1.2.1. By Component
1.2.2. By Propulsion Type
1.2.3. By Vehicle Type
1.2.4. By Power Output
1.2.5. By Vehicle Class
1.2.6. By EV Charging Points
1.2.7. By Region
1.3. Research Phases
1.4. Limitations
1.5. Market Methodology
1.5.1. Data Sources
1.5.1.1. Primary Research
1.5.1.2. Secondary Research
1.5.2. Methodology
1.5.2.1. Data Exploration
1.5.2.2. Forecast Parameters
1.5.2.3. Data Validation
1.5.2.4. Assumptions
1.5.3. Study Period & Data Reporting Unit
2. Executive Summary
3. Industry Overview
3.1. Industry Dynamics
3.1.1. Market Growth Drivers
3.1.2. Market Restraints
3.1.3. Key Market Trends
3.1.4. Major Opportunities
3.2. Industry Ecosystem
3.2.1. Porter’s Five Forces Analysis
3.2.2. Recent Development Analysis
3.2.3. Value Chain Analysis
3.3. Competitive Insight
3.3.1. Competitive Position of Industry Players
3.3.2. Market Attractive Analysis
3.3.3. Market Share Analysis
4. Global Market Estimate and Forecast
4.1. Global Market Overview
4.2. Global Market Estimate and Forecast to 2030
5. Market Segmentation Estimate and Forecast
5.1. By Component
5.1.1. Infotainment System
5.1.1.1. Market Definition
5.1.1.2. Market Estimation and Forecast to 2030
5.1.2. EV Battery Cells & Packs
5.1.2.1. Market Definition
5.1.2.2. Market Estimation and Forecast to 2030
5.1.3. Instrument Cluster
5.1.3.1. Market Definition
5.1.3.2. Market Estimation and Forecast to 2030
5.1.4. On-Board Charger
5.1.4.1. Market Definition
5.1.4.2. Market Estimation and Forecast to 2030
5.2. By Propulsion Type
5.2.1. Plug-in Hybrid (PHEV)
5.2.1.1. Market Definiti
5.2.1.2. Market Estimation and Forecast to 2030
5.2.2. Battery Electric Vehicle (BEV)
5.2.2.1. Market Definition
5.2.2.2. Market Estimation and Forecast to 2030
5.2.3. Fuel Cell Electric Vehicle (FCEV)
5.2.3.1. Market Definition
5.2.3.2. Market Estimation and Forecast to 2030
5.2.4. Hybrid Electric Vehicle (HEV)
5.2.4.1. Market Definition
5.2.4.2. Market Estimation and Forecast to 2030
5.3. By Vehicle Type
5.3.1. Two-Wheelers
5.3.1.1. Market Definition
5.3.1.2. Market Estimation and Forecast to 2030
5.3.2. Passenger Cars (PC)
5.3.2.1. Market Definition
5.3.2.2. Market Estimation and Forecast to 2030
5.3.3. Commercial Vehicles (CV)
5.3.3.1. Market Definition
5.3.3.2. Market Estimation and Forecast to 2030
5.4. By Power Output
5.4.1. 100 kW
5.4.1.1. Market Definition
5.4.1.2. Market Estimation and Forecast to 2030
5.4.2. 100 kW to 250 kW
5.4.2.1. Market Definition
5.4.2.2. Market Estimation and Forecast to 2030
5.4.3. More Than 250 kW
5.4.3.1. Market Definition
5.4.3.2. Market Estimation and Forecast to 2030
5.5. By Vehicle Class
5.5.1. Mid-Priced
5.5.1.1. Market Definition
5.5.1.2. Market Estimation and Forecast to 2030
5.5.2. Luxury
5.5.2.1. Market Definition
5.5.2.2. Market Estimation and Forecast to 2030
5.6. By EV Charging Points
5.6.1. Normal Charging
5.6.1.1. Market Definition
5.6.1.2. Market Estimation and Forecast to 2030
5.6.2. Super Charging
5.6.2.1. Market Definition
5.6.2.2. Market Estimation and Forecast to 2030
5.7. By Vehicle Drive Type
5.7.1. Front-Wheel Drive
5.7.1.1. Market Definition
5.7.1.2. Market Estimation and Forecast to 2030
5.7.2. Rear-Wheel Drive
5.7.2.1. Market Definition
5.7.2.2. Market Estimation and Forecast to 2030
5.7.3. All-Wheel Drive
5.7.3.1. Market Definition
5.7.3.2. Market Estimation and Forecast to 2030
6. North America Market Estimate and Forecast
6.1. By Component
6.2. By Propulsion Type
6.3. By Vehicle Type
6.4. By Power Output
6.5. By Vehicle Class
6.6. By EV Charging Points
6.7. By Vehicle Drive Type
6.8. By Country
6.8.1. U.S. Market Estimate and Forecast
6.8.2. Canada Market Estimate and Forecast
6.8.3. Mexico Market Estimate and Forecast
7. Europe Market Estimate and Forecast
7.1. By Component
7.2. By Propulsion Type
7.3. By Vehicle Type
7.4. By Power Output
7.5. By Vehicle Class
7.6. By EV Charging Points
7.7. By Vehicle Drive Type
7.8. By Country
7.8.1. Germany Market Estimate and Forecast
7.8.2. France Market Estimate and Forecast
7.8.3. U.K. Market Estimate and Forecast
7.8.4. Italy Market Estimate and Forecast
7.8.5. Spain Market Estimate and Forecast
7.8.6. Rest of Europe Market Estimate and Forecast
8. Asia-Pacific Market Estimate and Forecast
8.1. By Component
8.2. By Propulsion Type
8.3. By Vehicle Type
8.4. By Power Output
8.5. By Vehicle Class
8.6. By EV Charging Points
8.7. By Vehicle Drive Type
8.8. By Country
8.8.1. China Market Estimate and Forecast
8.8.2. Japan Market Estimate and Forecast
8.8.3. India Market Estimate and Forecast
8.8.4. South Korea Market Estimate and Forecast
8.8.5. Singapore Market Estimate and Forecast
8.8.6. Rest of Asia-Pacific Market Estimate and Forecast
9. Rest of the World (RoW) Market Estimate and Forecast
9.1. By Component
9.2. By Propulsion Type
9.3. By Vehicle Type
9.4. By Power Output
9.5. By Vehicle Class
9.6. By EV Charging Points
9.7. By Vehicle Drive Type
9.8. By Country
9.8.1. Brazil Market Estimate and Forecast
9.8.2. Saudi Arabia Market Estimate and Forecast
9.8.3. South Africa Market Estimate and Forecast
9.8.4. Other Countries Market Estimate and Forecast
10. Company Profiles
10.1. Tesla
10.1.1. Snapshot
10.1.2. Overview
10.1.3. Offerings
10.1.4. Financial Insight
10.1.5. Recent Developments
10.2. BMW
10.2.1. Snapshot
10.2.2. Overview
10.2.3. Offerings
10.2.4. Financial Insight
10.2.5. Recent Developments
10.3. Volvo
10.3.1. Snapshot
10.3.2. Overview
10.3.3. Offerings
10.3.4. Financial Insight
10.3.5. Recent Developments
10.4. Nissan Motor
10.4.1. Snapshot
10.4.2. Overview
10.4.3. Offerings
10.4.4. Financial Insight
10.4.5. Recent Developments
10.5. Toyota
10.5.1. Snapshot
10.5.2. Overview
10.5.3. Offerings
10.5.4. Financial Insight
10.5.5. Recent Developments
10.6. Hyundai
10.6.1. Snapshot
10.6.2. Overview
10.6.3. Offerings
10.6.4. Financial Insight
10.6.5. Recent Developments
10.7. Volkswagen
10.7.1. Snapshot
10.7.2. Overview
10.7.3. Offerings
10.7.4. Financial Insight
10.7.5. Recent Developments
10.8. Ford
10.8.1. Snapshot
10.8.2. Overview
10.8.3. Offerings
10.8.4. Financial Insight
10.8.5. Recent Developments
10.9. BYD Auto
10.9.1. Snapshot
10.9.2. Overview
10.9.3. Offerings
10.9.4. Financial Insight
10.9.5. Recent Developments
10.10. Honda
10.10.1. Snapshot
10.10.2. Overview
10.10.3. Offerings
10.10.4. Financial Insight
10.10.5. Recent Developments
10.11. Daimler
10.11.1. Snapshot
10.11.2. Overview
10.11.3. Offerings
10.11.4. Financial Insight
10.11.5. Recent Developments
11. Appendix
11.1. Exchange Rates
11.2. Abbreviations
Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.
List of Tables
Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Electric Vehicle Market, By Component, 2018 - 2023 (USD Billion)
Table 5 Global Electric Vehicle Market, By Component, 2025 - 2030 (USD Billion)
Table 6 Global Electric Vehicle Market, By Propulsion Type, 2018 - 2023 (USD Billion)
Table 7 Global Electric Vehicle Market, By Propulsion Type, 2025 - 2030 (USD Billion)
Table 8 Global Electric Vehicle Market, By Vehicle Type, 2018 - 2023 (USD Billion)
Table 9 Global Electric Vehicle Market, By Vehicle Type, 2025 - 2030 (USD Billion)
Table 10 Global Electric Vehicle Market, By Power Output, 2018 - 2023 (USD Billion)
Table 11 Global Electric Vehicle Market, By Power Output, 2025 - 2030 (USD Billion)
Table 12 Global Electric Vehicle Market, By Vehicle Class, 2018 - 2023 (USD Billion)
Table 13 Global Electric Vehicle Market, By Vehicle Class, 2025 - 2030 (USD Billion)
Table 14 Global Electric Vehicle Market, By EV Charging Points, 2018 - 2023 (USD Billion)
Table 15 Global Electric Vehicle Market, By EV Charging Points, 2025 - 2030 (USD Billion)
Table 16 Global Electric Vehicle Market, By Vehicle Drive Type, 2018 - 2023 (USD Billion)
Table 17 Global Electric Vehicle Market, By Vehicle Drive Types, 2025 - 2030 (USD Billion)
Table 18 Global Electric Vehicle Market, by Region, 2018 - 2023 (USD Billion)
Table 19 Global Electric Vehicle Market, by Region, 2025 - 2030 (USD Billion)
Table 20 North America Electric Vehicle Market, By Component, 2018 - 2023 (USD Billion)
Table 21 North America Electric Vehicle Market, By Component, 2025 - 2030 (USD Billion)
Table 22 North America Electric Vehicle Market, By Propulsion Type, 2018 - 2023 (USD Billion)
Table 23 North America Electric Vehicle Market, By Propulsion Type, 2025 - 2030 (USD Billion)
Table 24 North America Electric Vehicle Market, By Vehicle Type, 2018 - 2023 (USD Billion)
Table 25 North America Electric Vehicle Market, By Vehicle Type, 2025 - 2030 (USD Billion)
Table 26 North America Electric Vehicle Market, By Power Output, 2018 - 2023 (USD Billion)
Table 27 North America Electric Vehicle Market, By Power Output, 2025 - 2030 (USD Billion)
Table 28 North America Electric Vehicle Market, By Vehicle Class, 2018 - 2023 (USD Billion)
Table 29 North America Electric Vehicle Market, By Vehicle Class, 2025 - 2030 (USD Billion)
Table 30 North America Electric Vehicle Market, By EV Charging Points, 2018 - 2023 (USD Billion)
Table 31 North America Electric Vehicle Market, By EV Charging Points, 2025 - 2030 (USD Billion)
Table 32 North America Electric Vehicle Market, By Vehicle Drive Type, 2018 - 2023 (USD Billion)
Table 33 North America Electric Vehicle Market, By Vehicle Drive Types, 2025 - 2030 (USD Billion)
Table 34 North America Electric Vehicle Market, by Region, 2018 - 2023 (USD Billion)
Table 35 North America Electric Vehicle Market, by Region, 2025 - 2030 (USD Billion)
Table 36 Europe Electric Vehicle Market, By Component, 2018 - 2023 (USD Billion)
Table 37 Europe Electric Vehicle Market, By Component, 2025 - 2030 (USD Billion)
Table 38 Europe Electric Vehicle Market, By Propulsion Type, 2018 - 2023 (USD Billion)
Table 39 Europe Electric Vehicle Market, By Propulsion Type, 2025 - 2030 (USD Billion)
Table 40 Europe Electric Vehicle Market, By Vehicle Type, 2018 - 2023 (USD Billion)
Table 41 Europe Electric Vehicle Market, By Vehicle Type, 2025 - 2030 (USD Billion)
Table 42 Europe Electric Vehicle Market, By Power Output, 2018 - 2023 (USD Billion)
Table 43 Europe Electric Vehicle Market, By Power Output, 2025 - 2030 (USD Billion)
Table 44 Europe Electric Vehicle Market, By Vehicle Class, 2018 - 2023 (USD Billion)
Table 45 Europe Electric Vehicle Market, By Vehicle Class, 2025 - 2030 (USD Billion)
Table 46 Europe Electric Vehicle Market, By EV Charging Points, 2018 - 2023 (USD Billion)
Table 47 Europe Electric Vehicle Market, By EV Charging Points, 2025 - 2030 (USD Billion)
Table 48 Europe Electric Vehicle Market, By Vehicle Drive Type, 2018 - 2023 (USD Billion)
Table 49 Europe Electric Vehicle Market, By Vehicle Drive Types, 2025 - 2030 (USD Billion)
Table 50 Europe Electric Vehicle Market, by Region, 2018 - 2023 (USD Billion)
Table 51 Europe Electric Vehicle Market, by Region, 2025 - 2030 (USD Billion)
Table 52 Asia-Pacific Electric Vehicle Market, By Component, 2018 - 2023 (USD Billion)
Table 53 Asia-Pacific Electric Vehicle Market, By Component, 2025 - 2030 (USD Billion)
Table 54 Asia-Pacific Electric Vehicle Market, By Propulsion Type, 2018 - 2023 (USD Billion)
Table 55 Asia-Pacific Electric Vehicle Market, By Propulsion Type, 2025 - 2030 (USD Billion)
Table 56 Asia-Pacific Electric Vehicle Market, By Vehicle Type, 2018 - 2023 (USD Billion)
Table 57 Asia-Pacific Electric Vehicle Market, By Vehicle Type, 2025 - 2030 (USD Billion)
Table 58 Asia-Pacific Electric Vehicle Market, By Power Output, 2018 - 2023 (USD Billion)
Table 59 Asia-Pacific Electric Vehicle Market, By Power Output, 2025 - 2030 (USD Billion)
Table 60 Asia-Pacific Electric Vehicle Market, By Vehicle Class, 2018 - 2023 (USD Billion)
Table 61 Asia-Pacific Electric Vehicle Market, By Vehicle Class, 2025 - 2030 (USD Billion)
Table 62 Asia-Pacific Electric Vehicle Market, By EV Charging Points, 2018 - 2023 (USD Billion)
Table 63 Asia-Pacific Electric Vehicle Market, By EV Charging Points, 2025 - 2030 (USD Billion)
Table 64 Asia-Pacific Electric Vehicle Market, By Vehicle Drive Type, 2018 - 2023 (USD Billion)
Table 65 Asia-Pacific Electric Vehicle Market, By Vehicle Drive Types, 2025 - 2030 (USD Billion)
Table 66 Asia-Pacific Electric Vehicle Market, by Region, 2018 - 2023 (USD Billion)
Table 67 Asia-Pacific Electric Vehicle Market, by Region, 2025 - 2030 (USD Billion)
Table 68 RoW Electric Vehicle Market, By Component, 2018 - 2023 (USD Billion)
Table 69 RoW Electric Vehicle Market, By Component, 2025 - 2030 (USD Billion)
Table 70 RoW Electric Vehicle Market, By Propulsion Type, 2018 - 2023 (USD Billion)
Table 71 RoW Electric Vehicle Market, By Propulsion Type, 2025 - 2030 (USD Billion)
Table 72 RoW Electric Vehicle Market, By Vehicle Type, 2018 - 2023 (USD Billion)
Table 73 RoW Electric Vehicle Market, By Vehicle Type, 2025 - 2030 (USD Billion)
Table 74 RoW Electric Vehicle Market, By Power Output, 2018 - 2023 (USD Billion)
Table 75 RoW Electric Vehicle Market, By Power Output, 2025 - 2030 (USD Billion)
Table 76 RoW Electric Vehicle Market, By Vehicle Class, 2018 - 2023 (USD Billion)
Table 77 RoW Electric Vehicle Market, By Vehicle Class, 2025 - 2030 (USD Billion)
Table 78 RoW Electric Vehicle Market, By EV Charging Points, 2018 - 2023 (USD Billion)
Table 79 RoW Electric Vehicle Market, By EV Charging Points, 2025 - 2030 (USD Billion)
Table 80 RoW Electric Vehicle Market, By Vehicle Drive Type, 2018 - 2023 (USD Billion)
Table 81 RoW Electric Vehicle Market, By Vehicle Drive Types, 2025 - 2030 (USD Billion)
Table 82 RoW Electric Vehicle Market, by Region, 2018 - 2023 (USD Billion)
Table 83 RoW Electric Vehicle Market, by Region, 2025 - 2030 (USD Billion)
Table 84 Snapshot - Tesla
Table 85 Snapshot - BMW
Table 86 Snapshot - Volvo
Table 87 Snapshot - Nissan Motor
Table 88 Snapshot - Toyota
Table 89 Snapshot - Hyundai
Table 90 Snapshot - Volkswagen
Table 91 Snapshot - Ford
Table 92 Snapshot - BYD Auto
Table 93 Snapshot - Honda
Table 94 Snapshot - Daimler
List of Figures
Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Electric Vehicle Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Electric Vehicle Market Highlight
Figure 12 Global Electric Vehicle Market, By Component, 2018 - 2030 (USD Billion)
Figure 13 Global Electric Vehicle Market, By Propulsion Type, 2018 - 2030 (USD Billion)
Figure 14 Global Electric Vehicle Market, By Vehicle Type, 2018 - 2030 (USD Billion)
Figure 15 Global Electric Vehicle Market, By Power Output, 2018 - 2030 (USD Billion)
Figure 16 Global Electric Vehicle Market, By Vehicle Class, 2018 - 2030 (USD Billion)
Figure 17 Global Electric Vehicle Market, By EV Charging Points, 2018 - 2030 (USD Billion)
Figure 18 Global Electric Vehicle Market, By Vehicle Drive Types, 2018 - 2030 (USD Billion)
Figure 19 Global Electric Vehicle Market, by Region, 2018 - 2030 (USD Billion)
Figure 20 North America Electric Vehicle Market Highlight
Figure 21 North America Electric Vehicle Market, By Component, 2018 - 2030 (USD Billion)
Figure 22 North America Electric Vehicle Market, By Propulsion Type, 2018 - 2030 (USD Billion)
Figure 23 North America Electric Vehicle Market, By Vehicle Type, 2018 - 2030 (USD Billion)
Figure 24 North America Electric Vehicle Market, By Power Output, 2018 - 2030 (USD Billion)
Figure 25 North America Electric Vehicle Market, By Vehicle Class, 2018 - 2030 (USD Billion)
Figure 26 North America Electric Vehicle Market, By EV Charging Points, 2018 - 2030 (USD Billion)
Figure 27 North America Electric Vehicle Market, By Vehicle Drive Types, 2018 - 2030 (USD Billion)
Figure 28 North America Electric Vehicle Market, by Region, 2018 - 2030 (USD Billion)
Figure 29 Europe Electric Vehicle Market Highlight
Figure 30 Europe Electric Vehicle Market, By Component, 2018 - 2030 (USD Billion)
Figure 31 Europe Electric Vehicle Market, By Propulsion Type, 2018 - 2030 (USD Billion)
Figure 32 Europe Electric Vehicle Market, By Vehicle Type, 2018 - 2030 (USD Billion)
Figure 33 Europe Electric Vehicle Market, By Power Output, 2018 - 2030 (USD Billion)
Figure 34 Europe Electric Vehicle Market, By Vehicle Class, 2018 - 2030 (USD Billion)
Figure 35 Europe Electric Vehicle Market, By EV Charging Points, 2018 - 2030 (USD Billion)
Figure 36 Europe Electric Vehicle Market, By Vehicle Drive Types, 2018 - 2030 (USD Billion)
Figure 37 Europe Electric Vehicle Market, by Region, 2018 - 2030 (USD Billion)
Figure 38 Asia-Pacific Electric Vehicle Market Highlight
Figure 39 Asia-Pacific Electric Vehicle Market, By Component, 2018 - 2030 (USD Billion)
Figure 40 Asia-Pacific Electric Vehicle Market, By Propulsion Type, 2018 - 2030 (USD Billion)
Figure 41 Asia-Pacific Electric Vehicle Market, By Vehicle Type, 2018 - 2030 (USD Billion)
Figure 42 Asia-Pacific Electric Vehicle Market, By Power Output, 2018 - 2030 (USD Billion)
Figure 43 Asia-Pacific Electric Vehicle Market, By Vehicle Class, 2018 - 2030 (USD Billion)
Figure 44 Asia-Pacific Electric Vehicle Market, By EV Charging Points, 2018 - 2030 (USD Billion)
Figure 45 Asia-Pacific Electric Vehicle Market, By Vehicle Drive Types, 2018 - 2030 (USD Billion)
Figure 46 RoW Electric Vehicle Market Highlight
Figure 47 RoW Electric Vehicle Market, By Component, 2018 - 2030 (USD Billion)
Figure 48 RoW Electric Vehicle Market, By Propulsion Type, 2018 - 2030 (USD Billion)
Figure 49 RoW Electric Vehicle Market, By Vehicle Type, 2018 - 2030 (USD Billion)
Figure 50 RoW Electric Vehicle Market, By Power Output, 2018 - 2030 (USD Billion)
Figure 51 RoW Electric Vehicle Market, By Vehicle Class, 2018 - 2030 (USD Billion)
Figure 52 RoW Electric Vehicle Market, By EV Charging Points, 2018 - 2030 (USD Billion)
Figure 53 RoW Electric Vehicle Market, By Vehicle Drive Types, 2018 - 2030 (USD Billion)
Figure 54 RoW Electric Vehicle Market, by Region, 2018 - 2030 (USD Billion)
Global Electric Vehicle Market Coverage
Component Insight and Forecast 2025-2030
- Infotainment System
- EV Battery Cells & Packs
- Instrument Cluster
- On-Board Charger
Propulsion Type Insight and Forecast 2025-2030
- Plug-in Hybrid
- Battery
- Fuel Cell
- Hybrid
Vehicle Type Insight and Forecast 2025-2030
- Passenger Cars
- Commercial Vehicles
Power Output Insight and Forecast 2025-2030
- Less Than 100 kW
- 100 kW to 250 kW
- More than 250 kW
Vehicle Class Insight and Forecast 2025-2030
- Mid-Priced
- Luxury
EV Charging Points Insight and Forecast 2025-2030
- Normal Charging
- Super Charging
Vehicle Drive Type Insight and Forecast 2025-2030
- Front-Wheel Drive
- Rear-Wheel Drive
- All-Wheel Drive
Electric Vehicle Market by Region
North America
- By Component
- By Propulsion Type
- By Vehicle Type
- By Power Output
- By Vehicle Class
- By EV Charging Points
- By Vehicle Drive Type
- By Country – U.S., Canada, and Mexico
Europe
- By Component
- By Propulsion Type
- By Vehicle Type
- By Power Output
- By Vehicle Class
- By EV Charging Points
- By Vehicle Drive Type
- By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
Asia-Pacific (APAC)
- By Component
- By Propulsion Type
- By Vehicle Type
- By Power Output
- By Vehicle Class
- By EV Charging Points
- By Vehicle Drive Type
- By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
Rest of the World (RoW)
- By Component
- By Propulsion Type
- By Vehicle Type
- By Power Output
- By Vehicle Class
- By EV Charging Points
- By Vehicle Drive Type
- By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
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