Electric Vehicle - Global Market Outlook (2019-2027)

Electric Vehicle - Global Market Outlook (2019-2027)

According to Stratistics MRC, the Global Electric Vehicle Market is accounted for $162.34 billion in 2019 and is expected to reach $716.87 billion by 2027 growing at a CAGR of 20.4% during the forecast period. Some of the key factors propelling the market growth include favourable government policies and subsidies, growing concerns over environmental pollution, demand for increased vehicle range per charge, rapidly increasing sales of electric vehicles, and rising fuel prices will boost the demand for electric vehicles. However, lack of standardization of charging infrastructure is likely to hamper the market.

An automobile with a large battery to store energy and propelled by one or more electric motors is known as an electric vehicle. Some of these vehicles also come with an additional Internal Combustion Engine (ICE). The electric vehicle industry holds a great potential in the near future to change the global vehicular emissions scenario. Electric vehicles make use of a high voltage battery that can store a huge volume of energy. The use of advanced concepts in the development of this battery will emerge in favor of the adoption of electric vehicles over normal vehicles.

By propulsion type, plug-in hybrid electric vehicle segment is projected to witness the lucrative growth during the forecast period, due to the growing infrastructure of electric vehicle charging stations globally. This upsurge is due to the initiatives taken by the government of developing countries such as India and China to promote the usage of electric vehicles. Furthermore, companies such as Volkswagen Group are focusing on increasing its plug-in electric car sales.

On the basis of geography, The Asia Pacific market is expected to witness the significant growth, during the forecast period, due to increasing demand for reducing carbon emission and developing. The automotive industry in the countries such as China, Japan and South Korea is inclined toward innovation, technology, and development of advanced electric vehicle. more advanced and fast charging stations are expected to propel the growth of electric vehicle. BYD, BAIC, Chery and SAIC among others are some of the key players in the Asia Pacific electric vehicle market.

Some of the key players in electric vehicle market include Energica Motor Company S.P.A, Ford Motors, General Motors Company, Volvo, Honda Motor Company Ltd, Nissan Motors Co. Ltd., Tesla, Inc., Toyota Motor Corporation, Hyundai, Bayerische Motoren Werke AG (BMW), BYD Company Limited, Daimler AG, Continental, Volkswagen AG, Geely Automobile Holding Limited, Groupe Renault, Mitsubishi Motors Corporation, Jiangling Motors Corporation Limited, Lucid Motors, Inc., and Zotye International Automobile Trading Co. Ltd.

Propulsion Types Covered:
• Plug-in hybrid electric vehicle (PHEV)
• Hybrid electric vehicle (HEV)
• Battery electric vehicle (BEV)
• Fuel cell electric vehicle (FCEV)

Battery Technologies Covered:
• Lithium-Ion
• Lead-Acid
• Nickel Metal Hydride
• Solid State
• Metal-Air
• Lithium-Sulfur
• Flash Cell
• Sodium Nickel Chloride

Vehicle Types Covered:
• Commercial Vehicles
• Two wheelers
• Passenger Cars

Plug-in EVSE Covered:
• Power Supply Range
• Deployment

Charging Station Types Covered:
• Super Charging
• Normal Charging

Materials Covered:
• Conductive
• Semiconductor
• Substrate
• Dielectric

Light Weighting Materials Covered:
• Aluminum
• Steel
• High Strength Steel
• Carbon Fiber Reinforced Polymer (CFRP)

High Power Electronics Covered:
• Insulated-gate Bipolar Transistor (IGBT)
• Silicon Carbide (SiC)
• Gallium Nitride (GaN)

Components Covered:
• Infotainment System
• Electric Motor
• Battery Cells & Packs
• On-Board Charger
• Electric Engine
• Drivetrain
• Base Charging Pad
• Power Control Unit
• Vehicle Charging Pad
• Charge Cords
• Vehicle Connectors
• Attachment Plugs

Power Outputs Covered:
• Above 250 KW
• Less than 100 KW
• 100-250 KW

Energy Harvesting Covered:
• Energy Type
• Heat Recovery

Vehicle Classes Covered:
• Luxury
• Mid-Priced

Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Applications Covered:
• Flexible Display
• OLED Lighting
• Electronics and Components
• Organic Photovoltaic

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Electric Vehicle Market, By Propulsion Type
5.1 Introduction
5.2 Plug-in hybrid electric vehicle (PHEV)
5.3 Hybrid electric vehicle (HEV)
5.4 Battery electric vehicle (BEV)
5.5 Fuel cell electric vehicle (FCEV)
6 Global Electric Vehicle Market, By Battery Technology
6.1 Introduction
6.2 Lithium-Ion
6.3 Lead-Acid
6.4 Nickel Metal Hydride
6.5 Solid State
6.6 Metal-Air
6.7 Lithium-Sulfur
6.8 Flash Cell
6.9 Sodium Nickel Chloride
7 Global Electric Vehicle Market, By Vehicle Type
7.1 Introduction
7.2 Commercial Vehicles
7.2.1 Trucks
7.2.2 Buses
7.3 Two wheelers
7.4 Passenger Cars
7.4.1 Mid-range Car
7.4.2 Small Car
7.4.3 Sport Utility Vehicle (SUV)
7.4.4 Crossover Utility Vehicle (CUV)
8 Global Electric Vehicle Market, By Plug-in EVSE
8.1 Introduction
8.2 Power Supply Range
8.2.1 Level 1
8.2.2 Level 2
8.2.3 Level 3
8.3 Deployment
8.3.1 Commercial
8.3.2 Residential
9 Global Electric Vehicle Market, By Charging Station Type
9.1 Introduction
9.2 Super Charging
9.3 Normal Charging
10 Global Electric Vehicle Market, By Material
10.1 Introduction
10.2 Conductive
10.3 Semiconductor
10.4 Substrate
10.5 Dielectric
11 Global Electric Vehicle Market, By Light Weighting Material
11.1 Introduction
11.2 Aluminum
11.3 Steel
11.4 High Strength Steel
11.5 Carbon Fiber Reinforced Polymer (CFRP)
12 Global Electric Vehicle Market, By High Power Electronics
12.1 Introduction
12.2 Insulated-gate Bipolar Transistor (IGBT)
12.3 Silicon Carbide (SiC)
12.4 Gallium Nitride (GaN)
13 Global Electric Vehicle Market, By Component
13.1 Introduction
13.2 Infotainment System
13.2.1 Head Up Display System
13.2.2 Navigation, Information and Communication
13.2.3 Rear Seat Entertainment
13.2.4 Multimedia System
13.3 Electric Motor
13.4 Battery Cells & Packs
13.5 On-Board Charger
13.6 Electric Engine
13.7 Drivetrain
13.8 Base Charging Pad
13.9 Power Control Unit
13.10 Vehicle Charging Pad
13.11 Charge Cords
13.12 Vehicle Connectors
13.13 Attachment Plugs
14 Global Electric Vehicle Market, By Power Output
14.1 Introduction
14.2 Above 250 KW
14.3 Less than 100 KW
14.4 100-250 KW
15 Global Electric Vehicle Market, By Energy Harvesting
15.1 Introduction
15.2 Energy Type
15.2.1 Solar Energy
15.2.2 Thermal Energy
15.2.3 Kinetic Energy
15.3 Heat Recovery
15.3.1 Turbocharger
15.3.2 Regenerative Braking
16 Global Electric Vehicle Market, By Vehicle Class
16.1 Introduction
16.2 Luxury
16.3 Mid-Priced
17 Global Electric Vehicle Market, By Sales Channel
17.1 Introduction
17.2 Aftermarket
17.3 Original Equipment Manufacturer (OEM)
18 Global Electric Vehicle Market, By Application
18.1 Introduction
18.2 Flexible Display
18.3 OLED Lighting
18.4 Electronics and Components
18.5 Organic Photovoltaic
19 Global Electric Vehicle Market, By Geography
19.1 Introduction
19.2 North America
19.2.1 US
19.2.2 Canada
19.2.3 Mexico
19.3 Europe
19.3.1 Germany
19.3.2 UK
19.3.3 Italy
19.3.4 France
19.3.5 Spain
19.3.6 Rest of Europe
19.4 Asia Pacific
19.4.1 Japan
19.4.2 China
19.4.3 India
19.4.4 Australia
19.4.5 New Zealand
19.4.6 South Korea
19.4.7 Rest of Asia Pacific
19.5 South America
19.5.1 Argentina
19.5.2 Brazil
19.5.3 Chile
19.5.4 Rest of South America
19.6 Middle East & Africa
19.6.1 Saudi Arabia
19.6.2 UAE
19.6.3 Qatar
19.6.4 South Africa
19.6.5 Rest of Middle East & Africa
20 Key Developments
20.1 Agreements, Partnerships, Collaborations and Joint Ventures
20.2 Acquisitions & Mergers
20.3 New Product Launch
20.4 Expansions
20.5 Other Key Strategies
21 Company Profiling
21.1 Energica Motor Company S.P.A
21.2 Ford Motors
21.3 General Motors Company
21.4 Volvo
21.5 Honda Motor Company Ltd
21.6 Nissan Motors Co. Ltd.
21.7 Tesla, Inc.
21.8 Toyota Motor Corporation
21.9 Hyundai
21.10 Bayerische Motoren Werke AG (BMW)
21.11 BYD Company Limited
21.12 Daimler AG
21.13 Continental
21.14 Volkswagen AG
21.15 Geely Automobile Holding Limited
21.16 Groupe Renault
21.17 Mitsubishi Motors Corporation
21.18 Jiangling Motors Corporation Limited
21.19 Lucid Motors, Inc.
21.20 Zotye International Automobile Trading Co. Ltd.
List of Tables
Table 1 Global Electric Vehicle Market Outlook, By Region (2018-2027) ($MN)
Table 2 Global Electric Vehicle Market Outlook, By Propulsion Type (2018-2027) ($MN)
Table 3 Global Electric Vehicle Market Outlook, By Plug-in hybrid electric vehicle (PHEV) (2018-2027) ($MN)
Table 4 Global Electric Vehicle Market Outlook, By Hybrid electric vehicle (HEV) (2018-2027) ($MN)
Table 5 Global Electric Vehicle Market Outlook, By Battery electric vehicle (BEV) (2018-2027) ($MN)
Table 6 Global Electric Vehicle Market Outlook, By Fuel cell electric vehicle (FCEV) (2018-2027) ($MN)
Table 7 Global Electric Vehicle Market Outlook, By Battery Technology (2018-2027) ($MN)
Table 8 Global Electric Vehicle Market Outlook, By Lithium-Ion (2018-2027) ($MN)
Table 9 Global Electric Vehicle Market Outlook, By Lead-Acid (2018-2027) ($MN)
Table 10 Global Electric Vehicle Market Outlook, By Nickel Metal Hydride (2018-2027) ($MN)
Table 11 Global Electric Vehicle Market Outlook, By Solid State (2018-2027) ($MN)
Table 12 Global Electric Vehicle Market Outlook, By Metal-Air (2018-2027) ($MN)
Table 13 Global Electric Vehicle Market Outlook, By Lithium-Sulfur (2018-2027) ($MN)
Table 14 Global Electric Vehicle Market Outlook, By Flash Cell (2018-2027) ($MN)
Table 15 Global Electric Vehicle Market Outlook, By Sodium Nickel Chloride (2018-2027) ($MN)
Table 16 Global Electric Vehicle Market Outlook, By Vehicle Type (2018-2027) ($MN)
Table 17 Global Electric Vehicle Market Outlook, By Commercial Vehicles (2018-2027) ($MN)
Table 18 Global Electric Vehicle Market Outlook, By Trucks (2018-2027) ($MN)
Table 19 Global Electric Vehicle Market Outlook, By Buses (2018-2027) ($MN)
Table 20 Global Electric Vehicle Market Outlook, By Two wheelers (2018-2027) ($MN)
Table 21 Global Electric Vehicle Market Outlook, By Passenger Cars (2018-2027) ($MN)
Table 22 Global Electric Vehicle Market Outlook, By Mid-range Car (2018-2027) ($MN)
Table 23 Global Electric Vehicle Market Outlook, By Small Car (2018-2027) ($MN)
Table 24 Global Electric Vehicle Market Outlook, By Sport Utility Vehicle (SUV) (2018-2027) ($MN)
Table 25 Global Electric Vehicle Market Outlook, By Crossover Utility Vehicle (CUV) (2018-2027) ($MN)
Table 26 Global Electric Vehicle Market Outlook, By Plug-in EVSE (2018-2027) ($MN)
Table 27 Global Electric Vehicle Market Outlook, By Power Supply Range (2018-2027) ($MN)
Table 28 Global Electric Vehicle Market Outlook, By Level 1 (2018-2027) ($MN)
Table 29 Global Electric Vehicle Market Outlook, By Level 2 (2018-2027) ($MN)
Table 30 Global Electric Vehicle Market Outlook, By Level 3 (2018-2027) ($MN)
Table 31 Global Electric Vehicle Market Outlook, By Deployment (2018-2027) ($MN)
Table 32 Global Electric Vehicle Market Outlook, By Commercial (2018-2027) ($MN)
Table 33 Global Electric Vehicle Market Outlook, By Residential (2018-2027) ($MN)
Table 34 Global Electric Vehicle Market Outlook, By Charging Station Type (2018-2027) ($MN)
Table 35 Global Electric Vehicle Market Outlook, By Super Charging (2018-2027) ($MN)
Table 36 Global Electric Vehicle Market Outlook, By Normal Charging (2018-2027) ($MN)
Table 37 Global Electric Vehicle Market Outlook, By Material (2018-2027) ($MN)
Table 38 Global Electric Vehicle Market Outlook, By Conductive (2018-2027) ($MN)
Table 39 Global Electric Vehicle Market Outlook, By Semiconductor (2018-2027) ($MN)
Table 40 Global Electric Vehicle Market Outlook, By Substrate (2018-2027) ($MN)
Table 41 Global Electric Vehicle Market Outlook, By Dielectric (2018-2027) ($MN)
Table 42 Global Electric Vehicle Market Outlook, By Light weighting Material (2018-2027) ($MN)
Table 43 Global Electric Vehicle Market Outlook, By Aluminum (2018-2027) ($MN)
Table 44 Global Electric Vehicle Market Outlook, By Steel (2018-2027) ($MN)
Table 45 Global Electric Vehicle Market Outlook, By High Strength Steel (2018-2027) ($MN)
Table 46 Global Electric Vehicle Market Outlook, By Carbon Fiber Reinforced Polymer (CFRP) (2018-2027) ($MN)
Table 47 Global Electric Vehicle Market Outlook, By High Power Electronics (2018-2027) ($MN)
Table 48 Global Electric Vehicle Market Outlook, By Insulated-gate Bipolar Transistor (IGBT) (2018-2027) ($MN)
Table 49 Global Electric Vehicle Market Outlook, By Silicon Carbide (SiC) (2018-2027) ($MN)
Table 50 Global Electric Vehicle Market Outlook, By Gallium Nitride (GaN) (2018-2027) ($MN)
Table 51 Global Electric Vehicle Market Outlook, By Component (2018-2027) ($MN)
Table 52 Global Electric Vehicle Market Outlook, By Infotainment System (2018-2027) ($MN)
Table 53 Global Electric Vehicle Market Outlook, By Head Up Display System (2018-2027) ($MN)
Table 54 Global Electric Vehicle Market Outlook, By Navigation, Information and Communication (2018-2027) ($MN)
Table 55 Global Electric Vehicle Market Outlook, By Rear Seat Entertainment (2018-2027) ($MN)
Table 56 Global Electric Vehicle Market Outlook, By Multimedia System (2018-2027) ($MN)
Table 57 Global Electric Vehicle Market Outlook, By Electric Motor (2018-2027) ($MN)
Table 58 Global Electric Vehicle Market Outlook, By Battery Cells & Packs (2018-2027) ($MN)
Table 59 Global Electric Vehicle Market Outlook, By On-Board Charger (2018-2027) ($MN)
Table 60 Global Electric Vehicle Market Outlook, By Electric Engine (2018-2027) ($MN)
Table 61 Global Electric Vehicle Market Outlook, By Drivetrain (2018-2027) ($MN)
Table 62 Global Electric Vehicle Market Outlook, By Base Charging Pad (2018-2027) ($MN)
Table 63 Global Electric Vehicle Market Outlook, By Power Control Unit (2018-2027) ($MN)
Table 64 Global Electric Vehicle Market Outlook, By Vehicle Charging Pad (2018-2027) ($MN)
Table 65 Global Electric Vehicle Market Outlook, By Charge Cords (2018-2027) ($MN)
Table 66 Global Electric Vehicle Market Outlook, By Vehicle Connectors (2018-2027) ($MN)
Table 67 Global Electric Vehicle Market Outlook, By Attachment Plugs (2018-2027) ($MN)
Table 68 Global Electric Vehicle Market Outlook, By Power Output (2018-2027) ($MN)
Table 69 Global Electric Vehicle Market Outlook, By Above 250 KW (2018-2027) ($MN)
Table 70 Global Electric Vehicle Market Outlook, By Less than 100 KW (2018-2027) ($MN)
Table 71 Global Electric Vehicle Market Outlook, By 100-250 KW (2018-2027) ($MN)
Table 72 Global Electric Vehicle Market Outlook, By Energy Harvesting (2018-2027) ($MN)
Table 73 Global Electric Vehicle Market Outlook, By Energy Type (2018-2027) ($MN)
Table 74 Global Electric Vehicle Market Outlook, By Solar Energy (2018-2027) ($MN)
Table 75 Global Electric Vehicle Market Outlook, By Thermal Energy (2018-2027) ($MN)
Table 76 Global Electric Vehicle Market Outlook, By Kinetic Energy (2018-2027) ($MN)
Table 77 Global Electric Vehicle Market Outlook, By Heat Recovery (2018-2027) ($MN)
Table 78 Global Electric Vehicle Market Outlook, By Turbocharger (2018-2027) ($MN)
Table 79 Global Electric Vehicle Market Outlook, By Regenerative Braking (2018-2027) ($MN)
Table 80 Global Electric Vehicle Market Outlook, By Vehicle Class (2018-2027) ($MN)
Table 81 Global Electric Vehicle Market Outlook, By Luxury (2018-2027) ($MN)
Table 82 Global Electric Vehicle Market Outlook, By Mid-Priced (2018-2027) ($MN)
Table 83 Global Electric Vehicle Market Outlook, By Sales Channel (2018-2027) ($MN)
Table 84 Global Electric Vehicle Market Outlook, By Aftermarket (2018-2027) ($MN)
Table 85 Global Electric Vehicle Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
Table 86 Global Electric Vehicle Market Outlook, By Application (2018-2027) ($MN)
Table 87 Global Electric Vehicle Market Outlook, By Flexible Display (2018-2027) ($MN)
Table 88 Global Electric Vehicle Market Outlook, By OLED Lighting (2018-2027) ($MN)
Table 89 Global Electric Vehicle Market Outlook, By Electronics and Components (2018-2027) ($MN)
Table 90 Global Electric Vehicle Market Outlook, By Organic Photovoltaic (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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