Electric Vehicle Market

Electric Vehicle Market - Global Industry Assessment & Forecast

Automotive Transportation & Logistics

# 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

Standard License

$ 4299 USD

Multi User License

$ 6599 USD

Enterprise License

$ 6999 USD

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

Executive Dashboard
1. Strategic Imperatives
Premium Insights
1. Top 3 Trends to Watch
2. Demand and Supply Trends
3. Top 3 Strategies Followed by Major Players
4. Top 3 Predictions by Vantage Market Research
5. Top Investment Pockets
6. Insights from Primary Respondents
Global Electric Vehicle Market - Segment Analysis
1. Overview
2. Global Electric Vehicle Market, 2016 - 2028 (USD Million)
3. Global Electric Vehicle Market - by Vehicle Type
  1. By Passenger Vehicles
  2. By Commercial Vehicles
4. Global Electric Vehicle Market - by Component
  1. By Battery Cells & Packs
  2. By On-Board Charge
  3. By Motor
  4. By Reducer
  5. By Fuel Stack
  6. By Power Control Unit
  7. By Battery Management System
  8. By Fuel Processor
  9. By Power Conditioner
  10. By Air Compressor
  11. By Humidifier
5. Global Electric Vehicle Market - by Vehicle Class
  1. By Low-priced
  2. By Mid-priced
  3. By Luxury
6. Global Electric Vehicle Market - by Top Speed
  1. By <125 MPH
  2. By >125 MPH
7. Global Electric Vehicle Market - by Vehicle Drive Type
  1. By Front Wheel Drive
  2. By Rear Wheel Drive
  3. By All Wheel Drive
8. Global Electric Vehicle Market - by Vehicle Connectivity
  1. By V2B or V2H
  2. By V2G
  3. By V2V
  4. By V2X
9. Global Electric Vehicle Market - by Propulsion
  1. By BEV
  2. By PHEV
  3. By FCEV
10. Global Electric Vehicle Market - by End Use
  1. By Private Vehicle
  2. By Commercial Fleets
11. Global Electric Vehicle Market - by region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East & Africa
12. Market comparative analysis
North America Electric Vehicle Market - Segment Analysis
1. Overview
2. North America Electric Vehicle Market, 2016 - 2028 (USD Million)
3. North America Electric Vehicle Market, by Vehicle Type
  1. By Passenger Vehicles
  2. By Commercial Vehicles
4. North America Electric Vehicle Market, by Component
  1. By Battery Cells & Packs
  2. By On-Board Charge
  3. By Motor
  4. By Reducer
  5. By Fuel Stack
  6. By Power Control Unit
  7. By Battery Management System
  8. By Fuel Processor
  9. By Power Conditioner
  10. By Air Compressor
  11. By Humidifier
5. North America Electric Vehicle Market, by Vehicle Class
  1. By Low-priced
  2. By Mid-priced
  3. By Luxury
6. North America Electric Vehicle Market, by Top Speed
  1. By <125 MPH
  2. By >125 MPH
7. North America Electric Vehicle Market, by Vehicle Drive Type
  1. By Front Wheel Drive
  2. By Rear Wheel Drive
  3. By All Wheel Drive
8. North America Electric Vehicle Market, by Vehicle Connectivity
  1. By V2B or V2H
  2. By V2G
  3. By V2V
  4. By V2X
9. North America Electric Vehicle Market, by Propulsion
  1. By BEV
  2. By PHEV
  3. By FCEV
10. North America Electric Vehicle Market, by End Use
  1. By Private Vehicle
  2. By Commercial Fleets
11. North America Electric Vehicle Market, by Country
  1. U.S.
    1. U.S. Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. U.S. Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. U.S. Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. U.S. Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. U.S. Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. U.S. Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. U.S. Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. U.S. Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  2. Canada
    1. Canada Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Canada Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Canada Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Canada Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Canada Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Canada Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Canada Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Canada Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  3. Mexico
    1. Mexico Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Mexico Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Mexico Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Mexico Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Mexico Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Mexico Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Mexico Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Mexico Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
Europe Electric Vehicle Market - Segment Analysis
1. Overview
2. Europe Electric Vehicle Market, 2016 - 2028 (USD Million)
3. Europe Electric Vehicle Market, by Vehicle Type
  1. By Passenger Vehicles
  2. By Commercial Vehicles
4. Europe Electric Vehicle Market, by Component
  1. By Battery Cells & Packs
  2. By On-Board Charge
  3. By Motor
  4. By Reducer
  5. By Fuel Stack
  6. By Power Control Unit
  7. By Battery Management System
  8. By Fuel Processor
  9. By Power Conditioner
  10. By Air Compressor
  11. By Humidifier
5. Europe Electric Vehicle Market, by Vehicle Class
  1. By Low-priced
  2. By Mid-priced
  3. By Luxury
6. Europe Electric Vehicle Market, by Top Speed
  1. By <125 MPH
  2. By >125 MPH
7. Europe Electric Vehicle Market, by Vehicle Drive Type
  1. By Front Wheel Drive
  2. By Rear Wheel Drive
  3. By All Wheel Drive
8. Europe Electric Vehicle Market, by Vehicle Connectivity
  1. By V2B or V2H
  2. By V2G
  3. By V2V
  4. By V2X
9. Europe Electric Vehicle Market, by Propulsion
  1. By BEV
  2. By PHEV
  3. By FCEV
10. Europe Electric Vehicle Market, by End Use
  1. By Private Vehicle
  2. By Commercial Fleets
11. Europe Electric Vehicle Market, by Country
  1. Germany
    1. Germany Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Germany Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Germany Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Germany Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Germany Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Germany Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Germany Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Germany Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  2. UK
    1. UK Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. UK Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. UK Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. UK Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. UK Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. UK Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. UK Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. UK Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  3. France
    1. France Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. France Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. France Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. France Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. France Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. France Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. France Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. France Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  4. Spain
    1. Spain Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Spain Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Spain Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Spain Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Spain Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Spain Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Spain Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Spain Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  5. Italy
    1. Italy Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Italy Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Italy Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Italy Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Italy Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Italy Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Italy Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Italy Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  6. BENELUX
    1. BENELUX Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. BENELUX Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. BENELUX Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. BENELUX Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. BENELUX Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. BENELUX Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. BENELUX Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. BENELUX Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  7. Rest of Europe
    1. Rest Of Europe Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Rest Of Europe Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Rest Of Europe Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Rest Of Europe Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Rest Of Europe Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Rest Of Europe Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Rest Of Europe Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Rest Of Europe Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
Asia Pacific Electric Vehicle Market - Segment Analysis
1. Overview
2. Asia Pacific Electric Vehicle Market, 2016 - 2028 (USD Million)
3. Asia Pacific Electric Vehicle Market, by Vehicle Type
  1. By Passenger Vehicles
  2. By Commercial Vehicles
4. Asia Pacific Electric Vehicle Market, by Component
  1. By Battery Cells & Packs
  2. By On-Board Charge
  3. By Motor
  4. By Reducer
  5. By Fuel Stack
  6. By Power Control Unit
  7. By Battery Management System
  8. By Fuel Processor
  9. By Power Conditioner
  10. By Air Compressor
  11. By Humidifier
5. Asia Pacific Electric Vehicle Market, by Vehicle Class
  1. By Low-priced
  2. By Mid-priced
  3. By Luxury
6. Asia Pacific Electric Vehicle Market, by Top Speed
  1. By <125 MPH
  2. By >125 MPH
7. Asia Pacific Electric Vehicle Market, by Vehicle Drive Type
  1. By Front Wheel Drive
  2. By Rear Wheel Drive
  3. By All Wheel Drive
8. Asia Pacific Electric Vehicle Market, by Vehicle Connectivity
  1. By V2B or V2H
  2. By V2G
  3. By V2V
  4. By V2X
9. Asia Pacific Electric Vehicle Market, by Propulsion
  1. By BEV
  2. By PHEV
  3. By FCEV
10. Asia Pacific Electric Vehicle Market, by End Use
  1. By Private Vehicle
  2. By Commercial Fleets
11. Asia Pacific Electric Vehicle Market, by Country
  1. China
    1. China Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. China Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. China Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. China Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. China Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. China Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. China Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. China Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  2. Japan
    1. Japan Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Japan Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Japan Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Japan Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Japan Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Japan Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Japan Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Japan Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  3. India
    1. India Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. India Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. India Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. India Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. India Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. India Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. India Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. India Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  4. South Korea
    1. South Korea Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. South Korea Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. South Korea Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. South Korea Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. South Korea Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. South Korea Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. South Korea Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. South Korea Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  5. South East Asia
    1. South East Asia Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. South East Asia Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. South East Asia Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. South East Asia Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. South East Asia Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. South East Asia Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. South East Asia Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. South East Asia Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  6. Rest of Asia Pacific
    1. Rest of Asia Pacific Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Rest of Asia Pacific Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Rest of Asia Pacific Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Rest of Asia Pacific Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Rest of Asia Pacific Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Rest of Asia Pacific Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Rest of Asia Pacific Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Rest of Asia Pacific Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
Latin America Electric Vehicle Market - Segment Analysis
1. Overview
2. Latin America Electric Vehicle Market, 2016 - 2028 (USD Million)
3. Latin America Electric Vehicle Market, by Vehicle Type
  1. By Passenger Vehicles
  2. By Commercial Vehicles
4. Latin America Electric Vehicle Market, by Component
  1. By Battery Cells & Packs
  2. By On-Board Charge
  3. By Motor
  4. By Reducer
  5. By Fuel Stack
  6. By Power Control Unit
  7. By Battery Management System
  8. By Fuel Processor
  9. By Power Conditioner
  10. By Air Compressor
  11. By Humidifier
5. Latin America Electric Vehicle Market, by Vehicle Class
  1. By Low-priced
  2. By Mid-priced
  3. By Luxury
6. Latin America Electric Vehicle Market, by Top Speed
  1. By <125 MPH
  2. By >125 MPH
7. Latin America Electric Vehicle Market, by Vehicle Drive Type
  1. By Front Wheel Drive
  2. By Rear Wheel Drive
  3. By All Wheel Drive
8. Latin America Electric Vehicle Market, by Vehicle Connectivity
  1. By V2B or V2H
  2. By V2G
  3. By V2V
  4. By V2X
9. Latin America Electric Vehicle Market, by Propulsion
  1. By BEV
  2. By PHEV
  3. By FCEV
10. Latin America Electric Vehicle Market, by End Use
  1. By Private Vehicle
  2. By Commercial Fleets
11. Latin America Electric Vehicle Market, by Country
  1. Brazil
    1. Brazil Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Brazil Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Brazil Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Brazil Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Brazil Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Brazil Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Brazil Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Brazil Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  2. Argentina
    1. Argentina Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Argentina Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Argentina Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Argentina Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Argentina Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Argentina Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Argentina Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Argentina Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  3. Rest of Latin America
    1. Rest of Latin America Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Rest of Latin America Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Rest of Latin America Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Rest of Latin America Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Rest of Latin America Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Rest of Latin America Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Rest of Latin America Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Rest of Latin America Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
Middle East & Africa Electric Vehicle Market - Segment Analysis
1. Overview
2. Middle East & Africa Electric Vehicle Market, 2016 - 2028 (USD Million)
3. Middle East & Africa Electric Vehicle Market, by Vehicle Type
  1. By Passenger Vehicles
  2. By Commercial Vehicles
4. Middle East & Africa Electric Vehicle Market, by Component
  1. By Battery Cells & Packs
  2. By On-Board Charge
  3. By Motor
  4. By Reducer
  5. By Fuel Stack
  6. By Power Control Unit
  7. By Battery Management System
  8. By Fuel Processor
  9. By Power Conditioner
  10. By Air Compressor
  11. By Humidifier
5. Middle East & Africa Electric Vehicle Market, by Vehicle Class
  1. By Low-priced
  2. By Mid-priced
  3. By Luxury
6. Middle East & Africa Electric Vehicle Market, by Top Speed
  1. By <125 MPH
  2. By >125 MPH
7. Middle East & Africa Electric Vehicle Market, by Vehicle Drive Type
  1. By Front Wheel Drive
  2. By Rear Wheel Drive
  3. By All Wheel Drive
8. Middle East & Africa Electric Vehicle Market, by Vehicle Connectivity
  1. By V2B or V2H
  2. By V2G
  3. By V2V
  4. By V2X
9. Middle East & Africa Electric Vehicle Market, by Propulsion
  1. By BEV
  2. By PHEV
  3. By FCEV
10. Middle East & Africa Electric Vehicle Market, by End Use
  1. By Private Vehicle
  2. By Commercial Fleets
11. Middle East & Africa Electric Vehicle Market, by Country
  1. GCC Countries
    1. GCC Countries Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. GCC Countries Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. GCC Countries Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. GCC Countries Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. GCC Countries Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. GCC Countries Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. GCC Countries Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. GCC Countries Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  2. South Africa
    1. South Africa Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. South Africa Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. South Africa Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. South Africa Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. South Africa Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. South Africa Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. South Africa Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. South Africa Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
  3. Rest of Middle East & Africa
    1. Rest of Middle East & Africa Electric Vehicle Market, By Vehicle Type
      1. By Passenger Vehicles
      2. By Commercial Vehicles
    2. Rest of Middle East & Africa Electric Vehicle Market, By Component
      1. By Battery Cells & Packs
      2. By On-Board Charge
      3. By Motor
      4. By Reducer
      5. By Fuel Stack
      6. By Power Control Unit
      7. By Battery Management System
      8. By Fuel Processor
      9. By Power Conditioner
      10. By Air Compressor
      11. By Humidifier
    3. Rest of Middle East & Africa Electric Vehicle Market, By Vehicle Class
      1. By Low-priced
      2. By Mid-priced
      3. By Luxury
    4. Rest of Middle East & Africa Electric Vehicle Market, By Top Speed
      1. By <125 MPH
      2. By >125 MPH
    5. Rest of Middle East & Africa Electric Vehicle Market, By Vehicle Drive Type
      1. By Front Wheel Drive
      2. By Rear Wheel Drive
      3. By All Wheel Drive
    6. Rest of Middle East & Africa Electric Vehicle Market, By Vehicle Connectivity
      1. By V2B or V2H
      2. By V2G
      3. By V2V
      4. By V2X
    7. Rest of Middle East & Africa Electric Vehicle Market, By Propulsion
      1. By BEV
      2. By PHEV
      3. By FCEV
    8. Rest of Middle East & Africa Electric Vehicle Market, By End Use
      1. By Private Vehicle
      2. By Commercial Fleets
Key Market Dynamics
1. Introduction
2. Market Drivers
3. Market Restraints
4. Market Opportunities
5. Porter's Five Forces Analysis
6. PEST Analysis
7. Regulatory Landscape
8. Technology Landscape
9. Regional Market Trends
COVID 19 Impact Analysis
1. Key strategies undertaken by companies to tackle COVID-19
2. Short term dynamics
3. Long term dynamics
Marketing Stratagy Analysis
1. Marketing Channel
2. Direct Marketing
3. Indirect Marketing
4. Marketing Channel Development Trends
Competative Landscape
1. Competition Matrix - 2021
2. Company Market Share Analysis - 2021
3. Key Company Activities, 2018 - 2021
4. Strategic Developments - Heat Map Analysis
5. Company Offering Evaluation
6. Company Regional Presence Evaluation
Company Profiles
1. Ampere Vehicles (India)
2. Benling India Energy and Technology Pvt. Ltd. (India)
3. BMW AG (Germany)
4. BYD Company Ltd. (China)
5. Chevrolet Motor Company (U.S.)
6. Daimler AG (Germany)
7. Energica Motor Company S.P.A. (Italy)
8. Ford Motor Company (U.S.)
9. General Motors (U.S.)
10. Hero Electric (India)
11. Hyundai Motor Company (South Korea)
12. Karma Automotive (U.S.)
13. Kia Corporation (South Korea)
14. Lucid Group Inc. (U.S.)
15. Mahindra Electric Mobility Limited (India)
16. NIO (China)
17. Nissan Motors Co. Ltd. (Japan)
18. Okinawa Autotech Pvt. Ltd. (India)
19. Rivain (U.S.)
20. Tata Motors (India)
21. Tesla Inc. (U.S.)
22. Toyota Motor Corporation (Japan)
23. Volkswagen AG (Germany)
24. WM Motor (China)
25. Xiaopeng Motors (China)
26. Stellantis NV (Netherlands)
27. SAIC Motor Corp. Ltd. (China)
Key Primary Respondents - VERBATIM
Discussion Guide
Customization Offered
Annexure
List of Figures
List of Tables
List of Abbreviations

Vantage Market Research | 26-Feb-2024

India's EV Surge: Registrations Skyrocket to 28.3 Million, Fueling Economic Growth and Sustainability

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.

Electric Vehicle Market

Electric Vehicle Market - Global Industry Assessment & Forecast

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Snapshot

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FAQ

Frequently Asked Question

What is the global demand for Electric Vehicle in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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Electric Vehicle Market

Electric Vehicle Market - Global Industry Assessment & Forecast

Automotive Transportation & Logistics

Segments Covered

Snapshot

Customization Offered

FAQ

Frequently Asked Question

What is the global demand for Electric Vehicle in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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