
Electric Vehicle Market by Component (EV Battery Cells & Packs, Infotainment System, Instrument Cluster), Propulsion Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Plug-In Hybrid Electric Vehicle), Charging Station Type, Charging Station Inst
Description
Electric Vehicle Market by Component (EV Battery Cells & Packs, Infotainment System, Instrument Cluster), Propulsion Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Plug-In Hybrid Electric Vehicle), Charging Station Type, Charging Station Installation Type, Charging Infrastructure, Vehicle Type - Global Forecast 2023-2030
The Electric Vehicle Market size was estimated at USD 229.68 billion in 2022 and expected to reach USD 269.72 billion in 2023, at a CAGR 17.57% to reach USD 838.55 billion by 2030 .
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Electric Vehicle Market.
- Based on Component, market is studied across EV Battery Cells & Packs, Infotainment System, Instrument Cluster, and On-Board Charger. The EV Battery Cells & Packs is projected to witness significant market share during forecast period.
- Based on Propulsion Type, market is studied across Battery Electric Vehicle, Fuel Cell Electric Vehicle, and Plug-In Hybrid Electric Vehicle. The Fuel Cell Electric Vehicle is projected to witness significant market share during forecast period.
- Based on Charging Station Type, market is studied across Inductive Charging, Normal Charging, and Super Charging. The Inductive Charging is projected to witness significant market share during forecast period.
- Based on Charging Station Installation Type, market is studied across Commercial and Residential. The Residential is projected to witness significant market share during forecast period.
- Based on Charging Infrastructure, market is studied across Type 1, Type 2, Type 3 CCS, and Type 4 CHAdeMO. The Type 2 is projected to witness significant market share during forecast period.
- Based on Vehicle Type, market is studied across Agricultural Vehicle, Bus & Coach, Forklift, Port Vehicle, & Internal Container Handling Vehicle, Heavy & Special Duty Truck, Light Electric Vehicle, Medium & Heavy Duty Vehicle, and Passenger Car. The Heavy & Special Duty Truck is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Electric Vehicle Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Electric Vehicle Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Electric Vehicle Market, highlighting leading vendors and their innovative profiles. These include Alcraft Motor Company Ltd, BMW Group, BYD Company Limited, Continental AG, Daimler AG, Ford Motor Company, Honda Motor Co., Ltd., Hyundai Motor Group, Kia Corporation, Nissan Motor Co., Ltd., Rivian, LLC, Tesla, Inc., Toyota Motor Corporation, Volkswagen AG, and Volvo Car Corporation.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Electric Vehicle Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Electric Vehicle Market?
- What is the competitive strategic window for identifying opportunities in the Electric Vehicle Market?
- What are the latest technology trends and regulatory frameworks in the Electric Vehicle Market?
- What is the market share of the leading vendors in the Electric Vehicle Market?
- Which modes and strategic moves are suitable for entering the Electric Vehicle Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
187 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Electric Vehicle Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Heavy investments from automakers in electric vehicles
- 5.1.1.2. Favorable government policies and subsidies
- 5.1.1.3. Need for increased vehicle range per charge
- 5.1.2. Restraints
- 5.1.2.1. Lack of standardization of charging infrastructure
- 5.1.3. Opportunities
- 5.1.3.1. Use of vehicle-to-grid electric vehicle charging stations
- 5.1.3.2. Electric vehicle charging stations powered by renewable energy
- 5.1.4. Challenges
- 5.1.4.1. High cost of electric vehicle in comparison with ICE vehicles
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 5.10.1. Shipment Analysis & Trend
- 5.10.2. Shared Mobility
- 5.10.3. Smart Charging System
- 6. Electric Vehicle Market, by Component
- 6.1. Introduction
- 6.2. EV Battery Cells & Packs
- 6.3. Infotainment System
- 6.4. Instrument Cluster
- 6.5. On-Board Charger
- 7. Electric Vehicle Market, by Propulsion Type
- 7.1. Introduction
- 7.2. Battery Electric Vehicle
- 7.3. Fuel Cell Electric Vehicle
- 7.4. Plug-In Hybrid Electric Vehicle
- 8. Electric Vehicle Market, by Charging Station Type
- 8.1. Introduction
- 8.2. Inductive Charging
- 8.3. Normal Charging
- 8.4. Super Charging
- 9. Electric Vehicle Market, by Charging Station Installation Type
- 9.1. Introduction
- 9.2. Commercial
- 9.3. Residential
- 10. Electric Vehicle Market, by Charging Infrastructure
- 10.1. Introduction
- 10.2. Type 1
- 10.3. Type 2
- 10.4. Type 3 CCS
- 10.5. Type 4 CHAdeMO
- 11. Electric Vehicle Market, by Vehicle Type
- 11.1. Introduction
- 11.2. Agricultural Vehicle
- 11.3. Bus & Coach
- 11.4. Forklift, Port Vehicle, & Internal Container Handling Vehicle
- 11.5. Heavy & Special Duty Truck
- 11.6. Light Electric Vehicle
- 11.7. Medium & Heavy Duty Vehicle
- 11.8. Passenger Car
- 12. Americas Electric Vehicle Market
- 12.1. Introduction
- 12.2. Argentina
- 12.3. Brazil
- 12.4. Canada
- 12.5. Mexico
- 12.6. United States
- 13. Asia-Pacific Electric Vehicle Market
- 13.1. Introduction
- 13.2. Australia
- 13.3. China
- 13.4. India
- 13.5. Indonesia
- 13.6. Japan
- 13.7. Malaysia
- 13.8. Philippines
- 13.9. Singapore
- 13.10. South Korea
- 13.11. Taiwan
- 13.12. Thailand
- 13.13. Vietnam
- 14. Europe, Middle East & Africa Electric Vehicle Market
- 14.1. Introduction
- 14.2. Denmark
- 14.3. Egypt
- 14.4. Finland
- 14.5. France
- 14.6. Germany
- 14.7. Israel
- 14.8. Italy
- 14.9. Netherlands
- 14.10. Nigeria
- 14.11. Norway
- 14.12. Poland
- 14.13. Qatar
- 14.14. Russia
- 14.15. Saudi Arabia
- 14.16. South Africa
- 14.17. Spain
- 14.18. Sweden
- 14.19. Switzerland
- 14.20. Turkey
- 14.21. United Arab Emirates
- 14.22. United Kingdom
- 15. Competitive Landscape
- 15.1. FPNV Positioning Matrix
- 15.2. Market Share Analysis, By Key Player
- 15.3. Competitive Scenario Analysis, By Key Player
- 16. Competitive Portfolio
- 16.1. Key Company Profiles
- 16.1.1. Alcraft Motor Company Ltd
- 16.1.2. BMW Group
- 16.1.3. BYD Company Limited
- 16.1.4. Continental AG
- 16.1.5. Daimler AG
- 16.1.6. Ford Motor Company
- 16.1.7. Honda Motor Co., Ltd.
- 16.1.8. Hyundai Motor Group
- 16.1.9. Kia Corporation
- 16.1.10. Nissan Motor Co., Ltd.
- 16.1.11. Rivian, LLC
- 16.1.12. Tesla, Inc.
- 16.1.13. Toyota Motor Corporation
- 16.1.14. Volkswagen AG
- 16.1.15. Volvo Car Corporation
- 16.2. Key Product Portfolio
- 17. Appendix
- 17.1. Discussion Guide
- 17.2. License & Pricing
Pricing
Currency Rates
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