Electric Vehicle Market
Electric Vehicle Market - Global Industry Assessment & Forecast
#
Pages:
230
Base Year:
2023
Feb - 2024
Format:
Report Code:
VMR-1853
Segments Covered
By
Vehicle Type Passenger Vehicles, Commercial Vehicles
-
By
Component Battery Cells & Packs, On-Board Charge, Motor, Reducer, Fuel Stack, Power Control Unit, Battery Management System, Fuel Processor, Power Conditioner, Air Compressor, Humidifier
-
By
Vehicle Class Low-priced, Mid-priced, Luxury
-
By
Top Speed <125 MPH, >125 MPH
-
By
Vehicle Drive Type Front Wheel Drive, Rear Wheel Drive, All Wheel Drive
-
By
Vehicle Connectivity V2B or V2H, V2G, V2V, V2X
-
By
Propulsion BEV, PHEV, FCEV
-
By
End Use Private Vehicle, Commercial Fleets
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 392.4 Billion |
 Revenue 2032:
|
USD 1259.4 Billion |
 Revenue CAGR
(2024 - 2032): |
13.9% |
Fastest Growing Region (2024 -
2032)
|
Asia Pacific |
Largest Region (2023):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Electric Vehicle Market Segment Analysis
- Electric Vehicle Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
- Passenger Vehicles
- Commercial Vehicles
- Electric Vehicle Component Outlook (Revenue, USD Million, 2018 - 2030)
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Electric Vehicle Vehicle Class Outlook (Revenue, USD Million, 2018 - 2030)
- Low-priced
- Mid-priced
- Luxury
- Electric Vehicle Top Speed Outlook (Revenue, USD Million, 2018 - 2030)
- <125 MPH
- >125 MPH
- Electric Vehicle Vehicle Drive Type Outlook (Revenue, USD Million, 2018 - 2030)
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Electric Vehicle Vehicle Connectivity Outlook (Revenue, USD Million, 2018 - 2030)
- V2B or V2H
- V2G
- V2V
- V2X
- Electric Vehicle Propulsion Outlook (Revenue, USD Million, 2018 - 2030)
- BEV
- PHEV
- FCEV
- Electric Vehicle End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Private Vehicle
- Commercial Fleets
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
-
North America Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
-
North America Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
-
North America Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
-
North America Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
-
North America Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
-
North America Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
-
North America Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- U.S.
- U.S. Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- U.S. Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- U.S. Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- U.S. Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- U.S. Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- U.S. Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- U.S. Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- U.S. Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- U.S. Electric Vehicle Market, by Vehicle Type
- Canada
- Canada Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Canada Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Canada Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Canada Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Canada Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Canada Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Canada Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Canada Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Canada Electric Vehicle Market, by Vehicle Type
-
Mexico
- Mexico Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Mexico Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Mexico Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Mexico Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Mexico Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Mexico Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Mexico Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Mexico Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Mexico Electric Vehicle Market, by Vehicle Type
-
North America Electric Vehicle Market, by Vehicle Type
- Europe
-
Europe Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
-
Europe Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
-
Europe Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
-
Europe Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
-
Europe Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
-
Europe Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
-
Europe Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
-
Europe Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- U. K.
- U.K. Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- U.K. Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- U.K. Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- U.K. Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- U.K. Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- U.K. Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- U.K. Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- U.K. Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- U.K. Electric Vehicle Market, by Vehicle Type
- France
- France Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- France Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- France Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- France Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- France Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- France Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- France Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- France Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- France Electric Vehicle Market, by Vehicle Type
-
Germany
- Germany Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Germany Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Germany Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Germany Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Germany Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Germany Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Germany Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Germany Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Germany Electric Vehicle Market, by Vehicle Type
-
Italy
- Italy Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Italy Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Italy Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Italy Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Italy Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Italy Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Italy Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Italy Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Italy Electric Vehicle Market, by Vehicle Type
-
Spain
- Spain Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Spain Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Spain Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Spain Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Spain Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Spain Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Spain Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Spain Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Spain Electric Vehicle Market, by Vehicle Type
-
Rest of Europe
- Rest of Europe Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Rest of Europe Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Rest of Europe Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Rest of Europe Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Rest of Europe Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Rest of Europe Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Rest of Europe Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Rest of Europe Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Rest of Europe Electric Vehicle Market, by Vehicle Type
-
Europe Electric Vehicle Market, by Vehicle Type
- Asia Pacific
-
Asia Pacific Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
-
Asia Pacific Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
-
Asia Pacific Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
-
Asia Pacific Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
-
Asia Pacific Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
-
Asia Pacific Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
-
Asia Pacific Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
-
Asia Pacific Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- China
- China Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- China Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- China Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- China Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- China Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- China Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- China Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- China Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- China Electric Vehicle Market, by Vehicle Type
- Japan
- Japan Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Japan Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Japan Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Japan Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Japan Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Japan Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Japan Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Japan Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Japan Electric Vehicle Market, by Vehicle Type
-
Germany
- Germany Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Germany Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Germany Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Germany Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Germany Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Germany Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Germany Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Germany Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Germany Electric Vehicle Market, by Vehicle Type
-
India
- India Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- India Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- India Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- India Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- India Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- India Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- India Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- India Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- India Electric Vehicle Market, by Vehicle Type
-
South Korea
- South Korea Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- South Korea Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- South Korea Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- South Korea Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- South Korea Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- South Korea Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- South Korea Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- South Korea Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- South Korea Electric Vehicle Market, by Vehicle Type
-
South East Asia
- South East Asia Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- South East Asia Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- South East Asia Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- South East Asia Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- South East Asia Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- South East Asia Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- South East Asia Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- South East Asia Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- South East Asia Electric Vehicle Market, by Vehicle Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Rest of Asia Pacific Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Rest of Asia Pacific Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Rest of Asia Pacific Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Rest of Asia Pacific Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Rest of Asia Pacific Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Rest of Asia Pacific Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Rest of Asia Pacific Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Rest of Asia Pacific Electric Vehicle Market, by Vehicle Type
-
Asia Pacific Electric Vehicle Market, by Vehicle Type
- Latin America
-
Latin America Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
-
Latin America Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
-
Latin America Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
-
Latin America Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
-
Latin America Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
-
Latin America Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
-
Latin America Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
-
Latin America Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Brazil
- Brazil Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Brazil Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Brazil Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Brazil Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Brazil Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Brazil Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Brazil Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Brazil Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Brazil Electric Vehicle Market, by Vehicle Type
- Argentina
- Argentina Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Argentina Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Argentina Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Argentina Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Argentina Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Argentina Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Argentina Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Argentina Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Argentina Electric Vehicle Market, by Vehicle Type
-
Rest of Latin America
- Rest of Latin America Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Rest of Latin America Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Rest of Latin America Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Rest of Latin America Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Rest of Latin America Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Rest of Latin America Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Rest of Latin America Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Rest of Latin America Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Rest of Latin America Electric Vehicle Market, by Vehicle Type
-
Latin America Electric Vehicle Market, by Vehicle Type
- Middle East & Africa
-
Middle East & Africa Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
-
Middle East & Africa Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
-
Middle East & Africa Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
-
Middle East & Africa Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
-
Middle East & Africa Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
-
Middle East & Africa Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
-
Middle East & Africa Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
-
Middle East & Africa Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- GCC Countries
- GCC Countries Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- GCC Countries Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- GCC Countries Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- GCC Countries Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- GCC Countries Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- GCC Countries Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- GCC Countries Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- GCC Countries Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- GCC Countries Electric Vehicle Market, by Vehicle Type
- South Africa
- South Africa Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- South Africa Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- South Africa Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- South Africa Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- South Africa Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- South Africa Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- South Africa Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- South Africa Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- South Africa Electric Vehicle Market, by Vehicle Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Electric Vehicle Market, by Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- Rest of Middle East & Africa Electric Vehicle Market, by Component
- Battery Cells & Packs
- On-Board Charge
- Motor
- Reducer
- Fuel Stack
- Power Control Unit
- Battery Management System
- Fuel Processor
- Power Conditioner
- Air Compressor
- Humidifier
- Rest of Middle East & Africa Electric Vehicle Market, by Vehicle Class
- Low-priced
- Mid-priced
- Luxury
- Rest of Middle East & Africa Electric Vehicle Market, by Top Speed
- <125 MPH
- >125 MPH
- Rest of Middle East & Africa Electric Vehicle Market, by Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
- Rest of Middle East & Africa Electric Vehicle Market, by Vehicle Connectivity
- V2B or V2H
- V2G
- V2V
- V2X
- Rest of Middle East & Africa Electric Vehicle Market, by Propulsion
- BEV
- PHEV
- FCEV
- Rest of Middle East & Africa Electric Vehicle Market, by End Use
- Private Vehicle
- Commercial Fleets
- Rest of Middle East & Africa Electric Vehicle Market, by Vehicle Type
-
Middle East & Africa Electric Vehicle Market, by Vehicle Type
- North America
Vantage Market
Research | 26-Feb-2024
FAQ
Frequently Asked Question
What is the global demand for Electric Vehicle in terms of revenue?
-
The global Electric Vehicle valued at USD 392.4 Billion in 2023 and is expected to reach USD 1259.4 Billion in 2032 growing at a CAGR of 13.9%.
Which are the prominent players in the market?
-
The prominent players in the market are Ampere Vehicles (India), Benling India Energy and Technology Pvt. Ltd. (India), BMW AG (Germany), BYD Company Ltd. (China), Chevrolet Motor Company (U.S.), Daimler AG (Germany), Energica Motor Company S.P.A. (Italy), Ford Motor Company (U.S.), General Motors (U.S.), Hero Electric (India), Hyundai Motor Company (South Korea), Karma Automotive (U.S.), Kia Corporation (South Korea), Lucid Group Inc. (U.S.), Mahindra Electric Mobility Limited (India), NIO (China), Nissan Motors Co. Ltd. (Japan), Okinawa Autotech Pvt. Ltd. (India), Rivain (U.S.), Tata Motors (India), Tesla Inc. (U.S.), Toyota Motor Corporation (Japan), Volkswagen AG (Germany), WM Motor (China), Xiaopeng Motors (China), Stellantis NV (Netherlands), SAIC Motor Corp. Ltd. (China).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 13.9% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Electric Vehicle include
- Reducing prices of batteries to support demand for cost-effective EVs
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Electric Vehicle in 2023.
