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Electric Vehicle Market Size, Share, Outlook

Electric Vehicles Market Outlook, 2023- Market Size Forecasts, Trends, Growth Opportunities by Charging type (AC, DC, Inductive), Propulsion (BEV, FCEV, PHEV, HEV), Drive Type (FWD, RWD, AWD), Speed (Below 125 MPH, Above 125 MPH), Vehicles (PCs, LCVs, HCVs), companies and countries to 2030

The $410 billion Electric Vehicles market is witnessing strong demand growth from a widening consumer base, technological advancements, R&D investments, and new product launches. The market is poised to register a growth of 14.6%, compounded annually between 2023 and 2030.

Major drivers for the Electric Vehicles market:

  • Declining prices of batteries present strong penetration prospects
  • Investments in EV charging infrastructure from government and private sectors
  • Fleet and commercial application segment presents significant prospects
  • Growing sales of hybrid vehicles across segments
  • Growth opportunities in Asian markets

Key trends and driving forces influence Electric Vehicles markets in the post-pandemic future

In the post-pandemic future, the Electric Vehicles market is expected to be influenced by increased awareness among consumers, the latest advances in technologies, charging infrastructure set-up initiatives by governments, product launches, changing consumer preferences, and increased industry collaboration.

 

MARKET SEGMENTATION ANALYSIS

Type

• BEV
• FCEV
• PHEV
• HEV

Charging Type

• AC
• DC
• Inductive

Application

• PCs
• LCVs
• HCVs

Drive Type

• FWD
• RWD
• AWD

Speed

•  Below 125 MPH
•  Above 125 MPH
 

Some of the major players operating in this market include:

  • Tesla
  • Volkswagen AG
  • SAIC Motors
  • BYD Group
  • Stellantis
  • BMW Group
  • Nissan Motors
  • Hyundai Group
  • Great Wall Motors
  • Toyota Motor Corp
  • GAC Motors
  • Renault Group
  • Geely
  • General Motors
  • Ford Motor Company

 

Electric Vehicles Market Outlook 2023
1 Market Overview
1.1 Introduction to Electric Vehicles Market
1.2 Scope of the Study
1.3 Research Objective
1.3.1 Key Market Scope and Segments
1.3.2 Players Covered
1.3.3 Years Considered

2 Executive Summary
2.1 2023 Electric Vehicles Industry- Market Statistics
3 Market Dynamics
3.1 Market Drivers
3.2 Market Challenges
3.3 Market Opportunities
3.4 Market Trends

4 Market Factor Analysis
4.1 Porter’s Five Forces
4.2 Market Entropy
4.2.1 Global Electric Vehicles Market Companies with Area Served
4.2.2 Products Offerings Global Electric Vehicles Market
5 COVID-19 Impact Analysis and Outlook Scenarios
5.1.1 Covid-19 Impact Analysis
5.1.2 Post-COVID-19 Scenario- Low Growth Case
5.1.3 Post-COVID-19 Scenario- Reference Growth Case
5.1.4 Post-COVID-19 Scenario- Low Growth Case

6 Global Electric Vehicles Market Trends
6.1 Global Electric Vehicles Revenue (USD Million) and CAGR (%) by Type (2020-2030)
6.2 Global Electric Vehicles Revenue (USD Million) and CAGR (%) by Applications (2020-2030)
6.3 Global Electric Vehicles Revenue (USD Million) and CAGR (%) by Regions (2020-2030)

7 Global Electric Vehicles Market Revenue (USD Million) by Type, and Applications (2018-2022)
7.1 Global Electric Vehicles Revenue (USD Million) by Type (2018-2022)
7.1.1 Global Electric Vehicles Revenue (USD Million), Market Share (%) by Type (2018-2022)
7.2 Global Electric Vehicles Revenue (USD Million) by Applications (2018-2022)
7.2.1 Global Electric Vehicles Revenue (USD Million), Market Share (%) by Applications (2018-2022)

8 Global Electric Vehicles Development Regional Status and Outlook
8.1 Global Electric Vehicles Revenue (USD Million) By Regions (2018-2022)
8.2 North America Electric Vehicles Revenue (USD Million) by Type, and Application (2018-2022)
8.2.1 North America Electric Vehicles Revenue (USD Million) by Country (2018-2022)
8.2.2 North America Electric Vehicles Revenue (USD Million) by Type (2018-2022)
8.2.3 North America Electric Vehicles Revenue (USD Million) by Applications (2018-2022)
8.3 Europe Electric Vehicles Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)
8.3.1 Europe Electric Vehicles Revenue (USD Million), by Country (2018-2022)
8.3.2 Europe Electric Vehicles Revenue (USD Million) by Type (2018-2022)
8.3.3 Europe Electric Vehicles Revenue (USD Million) by Applications (2018-2022)
8.4 Asia Pacific Electric Vehicles Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)
8.4.1 Asia Pacific Electric Vehicles Revenue (USD Million) by Country (2018-2022)
8.4.2 Asia Pacific Electric Vehicles Revenue (USD Million) by Type (2018-2022)
8.4.3 Asia Pacific Electric Vehicles Revenue (USD Million) by Applications (2018-2022)
8.5 South America Electric Vehicles Revenue (USD Million), by Type, and Applications (2018-2022)
8.5.1 South America Electric Vehicles Revenue (USD Million), by Country (2018-2022)
8.5.2 South America Electric Vehicles Revenue (USD Million) by Type (2018-2022)
8.5.3 South America Electric Vehicles Revenue (USD Million) by Applications (2018-2022)
8.6 Middle East and Africa Electric Vehicles Revenue (USD Million), by Type, Technology, Application, Product Type (2018-2022)
8.6.1 Middle East and Africa Electric Vehicles Revenue (USD Million) by Country (2018-2022)
8.6.2 Middle East and Africa Electric Vehicles Revenue (USD Million) by Type (2018-2022)
8.6.3 Middle East and Africa Electric Vehicles Revenue (USD Million) by Applications (2018-2022)

9 Company Profiles

10 Global Electric Vehicles Market Revenue (USD Million), by Type, and Applications (2023-2030)
10.1 Global Electric Vehicles Revenue (USD Million) and Market Share (%) by Type (2023-2030)
10.1.1 Global Electric Vehicles Revenue (USD Million), and Market Share (%) by Type (2023-2030)
10.2 Global Electric Vehicles Revenue (USD Million) and Market Share (%) by Applications (2023-2030)
10.2.1 Global Electric Vehicles Revenue (USD Million), and Market Share (%) by Applications (2023-2030)
11 Global Electric Vehicles Development Regional Status and Outlook Forecast
11.1 Global Electric Vehicles Revenue (USD Million) By Regions (2023-2030)
11.2 North America Electric Vehicles Revenue (USD Million) by Type, and Applications (2023-2030)
11.2.1 North America Electric Vehicles Revenue (USD) Million by Country (2023-2030)
11.2.2 North America Electric Vehicles Revenue (USD Million), by Type (2023-2030)
11.2.3 North America Electric Vehicles Revenue (USD Million), Market Share (%) by Applications (2023-2030)
11.3 Europe Electric Vehicles Revenue (USD Million), by Type, and Applications (2023-2030)
11.3.1 Europe Electric Vehicles Revenue (USD Million), by Country (2023-2030)
11.3.2 Europe Electric Vehicles Revenue (USD Million), by Type (2023-2030)
11.3.3 Europe Electric Vehicles Revenue (USD Million), by Applications (2023-2030)
11.4 Asia Pacific Electric Vehicles Revenue (USD Million) by Type, and Applications (2023-2030)
11.4.1 Asia Pacific Electric Vehicles Revenue (USD Million), by Country (2023-2030)
11.4.2 Asia Pacific Electric Vehicles Revenue (USD Million), by Type (2023-2030)
11.4.3 Asia Pacific Electric Vehicles Revenue (USD Million), by Applications (2023-2030)
11.5 South America Electric Vehicles Revenue (USD Million), by Type, and Applications (2023-2030)
11.5.1 South America Electric Vehicles Revenue (USD Million), by Country (2023-2030)
11.5.2 South America Electric Vehicles Revenue (USD Million), by Type (2023-2030)
11.5.3 South America Electric Vehicles Revenue (USD Million), by Applications (2023-2030)
11.6 Middle East and Africa Electric Vehicles Revenue (USD Million), by Type, and Applications (2023-2030)
11.6.1 Middle East and Africa Electric Vehicles Revenue (USD Million), by Region (2023-2030)
11.6.2 Middle East and Africa Electric Vehicles Revenue (USD Million), by Type (2023-2030)
11.6.3 Middle East and Africa Electric Vehicles Revenue (USD Million), by Applications (2023-2030)

12 Methodology and Data Sources
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Sources
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Disclaimer

List Of Tables
Table 1 Market Segmentation Analysis
Table 2 Global Electric Vehicles Market Companies with Areas Served
Table 3 Products Offerings Global Electric Vehicles Market
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Electric Vehicles Revenue (USD Million) And CAGR (%) By Type (2020-2030)
Table 8 Global Electric Vehicles Revenue (USD Million) And CAGR (%) By Applications (2020-2030)
Table 9 Global Electric Vehicles Revenue (USD Million) And CAGR (%) By Regions (2020-2030)
Table 10 Global Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Table 11 Global Electric Vehicles Revenue Market Share (%) By Type (2018-2022)
Table 12 Global Electric Vehicles Revenue (USD Million) By Applications (2018-2022)
Table 13 Global Electric Vehicles Revenue Market Share (%) By Applications (2018-2022)
Table 14 Global Electric Vehicles Market Revenue (USD Million) By Regions (2018-2022)
Table 15 Global Electric Vehicles Market Share (%) By Regions (2018-2022)
Table 16 North America Electric Vehicles Revenue (USD Million) By Country (2018-2022)
Table 17 North America Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Table 18 North America Electric Vehicles Revenue (USD Million) By Applications (2018-2022)
Table 19 Europe Electric Vehicles Revenue (USD Million) By Country (2018-2022)
Table 20 Europe Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Table 21 Europe Electric Vehicles Revenue (USD Million) By Applications (2018-2022)
Table 22 Asia Pacific Electric Vehicles Revenue (USD Million) By Country (2018-2022)
Table 23 Asia Pacific Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Table 24 Asia Pacific Electric Vehicles Revenue (USD Million) By Applications (2018-2022)
Table 25 South America Electric Vehicles Revenue (USD Million) By Country (2018-2022)
Table 26 South America Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Table 27 South America Electric Vehicles Revenue (USD Million) By Applications (2018-2022)
Table 28 Middle East and Africa Electric Vehicles Revenue (USD Million) By Region (2018-2022)
Table 29 Middle East and Africa Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Table 30 Middle East and Africa Electric Vehicles Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis
Table 32 Global Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Table 33 Global Electric Vehicles Revenue Market Share (%) By Type (2023-2030)
Table 34 Global Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Table 35 Global Electric Vehicles Revenue Market Share (%) By Applications (2023-2030)
Table 36 Global Electric Vehicles Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)
Table 37 North America Electric Vehicles Revenue (USD)By Country (2023-2030)
Table 38 North America Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Table 39 North America Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Table 40 Europe Electric Vehicles Revenue (USD Million) By Country (2023-2030)
Table 41 Europe Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Table 42 Europe Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Table 43 Asia Pacific Electric Vehicles Revenue (USD Million) By Country (2023-2030)
Table 44 Asia Pacific Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Table 45 Asia Pacific Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Table 46 South America Electric Vehicles Revenue (USD Million) By Country (2023-2030)
Table 47 South America Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Table 48 South America Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Table 49 Middle East and Africa Electric Vehicles Revenue (USD Million) By Region (2023-2030)
Table 50 Middle East and Africa Electric Vehicles Revenue (USD Million) By Region (2023-2030)
Table 51 Middle East and Africa Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Table 52 Middle East and Africa Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Table 53 Research Programs/Design for This Report
Table 54 Key Data Information from Secondary Sources
Table 55 Key Data Information from Primary Sources


List Of Figures
Figure 1 Market Scope
Figure 2 Porter’s Five Forces
Figure 3 Global Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Figure 4 Global Electric Vehicles Revenue Market Share (%) By Type (2022)
Figure 5 Global Electric Vehicles Revenue (USD Million) By Applications (2018-2022)
Figure 6 Global Electric Vehicles Revenue Market Share (%) By Applications (2022)
Figure 7 Global Electric Vehicles Market Revenue (USD Million) By Regions (2018-2022)
Figure 8 Global Electric Vehicles Market Share (%) By Regions (2022)
Figure 9 North America Electric Vehicles Revenue (USD Million) By Country (2018-2022)
Figure 10 North America Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Figure 11 North America Electric Vehicles Revenue (USD Million) By Applications (2018-2022)
Figure 12 Europe Electric Vehicles Revenue (USD Million) By Country (2018-2022)
Figure 13 Europe Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Figure 14 Europe Electric Vehicles Revenue (USD Million) By Applications (2018-2022)
Figure 15 Asia Pacific Electric Vehicles Revenue (USD Million) By Country (2018-2022)
Figure 16 Asia Pacific Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Figure 17 Asia Pacific Electric Vehicles Revenue (USD Million) By Applications (2018-2022)
Figure 18 South America Electric Vehicles Revenue (USD Million) By Country (2018-2022)
Figure 19 South America Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Figure 20 South America Electric Vehicles Revenue (USD Million) By Applications (2018-2022)
Figure 21 Middle East and Africa Electric Vehicles Revenue (USD Million) By Region (2018-2022)
Figure 22 Middle East and Africa Electric Vehicles Revenue (USD Million) By Type (2018-2022)
Figure 23 Middle East and Africa Electric Vehicles Revenue (USD Million) By Applications (2018-2022)
Figure 24 Global Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Figure 25 Global Electric Vehicles Revenue Market Share (%) By Type (2030)
Figure 26 Global Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Figure 27 Global Electric Vehicles Revenue Market Share (%) By Applications (2030)
Figure 28 Global Electric Vehicles Market Revenue (USD Million) By Regions (2023-2030)
Figure 29 North America Electric Vehicles Revenue (USD Million) By Country (2023-2030)
Figure 30 North America Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Figure 31 North America Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Figure 32 Europe Electric Vehicles Revenue (USD Million) By Country (2023-2030)
Figure 33 Europe Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Figure 34 Europe Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Figure 35 Asia Pacific Electric Vehicles Revenue (USD Million) By Country (2023-2030)
Figure 36 Asia Pacific Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Figure 37 Asia Pacific Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Figure 38 South America Electric Vehicles Revenue (USD Million) By Country (2023-2030)
Figure 39 South America Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Figure 40 South America Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Figure 41 Middle East and Africa Electric Vehicles Revenue (USD Million) By Region (2023-2030)
Figure 42 Middle East and Africa Electric Vehicles Revenue (USD Million) By Region (2023-2030)
Figure 43 Middle East and Africa Electric Vehicles Revenue (USD Million) By Type (2023-2030)
Figure 44 Middle East and Africa Electric Vehicles Revenue (USD Million) By Applications (2023-2030)
Figure 45 Bottom-Up and Top-Down Approaches For This Report
Figure 46 Data Triangulation