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PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1431068

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PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1431068

Global Electric Vehicles - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

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The Global Electric Vehicles Market size is estimated at USD 0.67 trillion in 2024, and is expected to reach USD 1.39 trillion by 2029, growing at a CAGR of 15.71% during the forecast period (2024-2029).

Global Electric Vehicles - Market

Key Highlights

  • Largest Segment by Fuel Type - BEV : Technological enhancements, and charging infrastructure devlopment, stringent norms, incentives are making BEV the largest fuel type in global electric vehicle market.
  • Fastest-growing Segment by Fuel Type - FCEV : FCEV is the fastest-growing fuel type due to its zero emissions, increased economy, and quicker refueling times compared to other electric vehicles.
  • Largest Segment by Vehicle Type - Commercial Vehicles : Due to various governments' increasing sensitivity to a cleaner environment, there is expected to be an increase in demand for zero-emission vehicles during the projected period.
  • Fastest-growing Segment by Region - Africa : The Asia-Pacific region is predicted to have the quickest growth, with countries like China, and India leading the way in terms of innovation, technology, and the development of cutting-edge EVs.

Electric Vehicle Industry Overview

The Global Electric Vehicles Market is fairly consolidated, with the top five companies occupying 71.50%. The major players in this market are BYD Motors Inc., General Motors Company, Groupe Renault, Tesla Inc. and Volkswagen AG (sorted alphabetically).

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Product Code: 93049

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY & KEY FINDINGS

2 REPORT OFFERS

3 INTRODUCTION

  • 3.1 Study Assumptions & Market Definition
  • 3.2 Scope of the Study
  • 3.3 Research Methodology

4 KEY INDUSTRY TRENDS

  • 4.1 Population
  • 4.2 GDP
  • 4.3 CVP
  • 4.4 Inflation Rate
  • 4.5 Interest Rate For Auto Loans
  • 4.6 Battery Price (per Kwh)
  • 4.7 Logistics Performance Index
  • 4.8 Electrification Impact
  • 4.9 New XEV Models Announced
  • 4.10 Charging Stations Deployment
  • 4.11 Regulatory Framework
  • 4.12 Value Chain & Distribution Channel Analysis

5 MARKET SEGMENTATION

  • 5.1 Vehicle Type
    • 5.1.1 Commercial Vehicles
      • 5.1.1.1 Buses
      • 5.1.1.2 Heavy-duty Commercial Trucks
      • 5.1.1.3 Light Commercial Pick-up Trucks
      • 5.1.1.4 Light Commercial Vans
      • 5.1.1.5 Medium-duty Commercial Trucks
  • 5.2 Fuel Type
    • 5.2.1 BEV
    • 5.2.2 FCEV
    • 5.2.3 HEV
    • 5.2.4 PHEV
  • 5.3 Region
    • 5.3.1 Africa
      • 5.3.1.1 South Africa
    • 5.3.2 Asia-Pacific
      • 5.3.2.1 Australia
      • 5.3.2.2 China
      • 5.3.2.3 India
      • 5.3.2.4 Indonesia
      • 5.3.2.5 Japan
      • 5.3.2.6 Malaysia
      • 5.3.2.7 South Korea
      • 5.3.2.8 Thailand
      • 5.3.2.9 Rest-of-APAC
    • 5.3.3 Europe
      • 5.3.3.1 Austria
      • 5.3.3.2 Belgium
      • 5.3.3.3 Czech Republic
      • 5.3.3.4 Denmark
      • 5.3.3.5 Estonia
      • 5.3.3.6 France
      • 5.3.3.7 Germany
      • 5.3.3.8 Ireland
      • 5.3.3.9 Italy
      • 5.3.3.10 Latvia
      • 5.3.3.11 Lithuania
      • 5.3.3.12 Norway
      • 5.3.3.13 Poland
      • 5.3.3.14 Russia
      • 5.3.3.15 Spain
      • 5.3.3.16 Sweden
      • 5.3.3.17 UK
      • 5.3.3.18 Rest-of-Europe
    • 5.3.4 Middle East
      • 5.3.4.1 UAE
      • 5.3.4.2 Rest-of-MEA
    • 5.3.5 Miidle East
    • 5.3.6 North America
      • 5.3.6.1 Canada
      • 5.3.6.2 Mexico
      • 5.3.6.3 US
      • 5.3.6.4 Rest-of-North America
    • 5.3.7 South America
      • 5.3.7.1 Rest-of-Latin America

6 COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles
    • 6.4.1 BYD Motors Inc.
    • 6.4.2 Daimler AG
    • 6.4.3 Ford Motor Company
    • 6.4.4 General Motors Company
    • 6.4.5 Groupe Renault
    • 6.4.6 Nissan Motor Company Ltd
    • 6.4.7 Tesla Inc.
    • 6.4.8 Toyota motor corporation
    • 6.4.9 Volkswagen AG

7 KEY STRATEGIC QUESTIONS FOR VEHICLES CEOS

8 APPENDIX

  • 8.1 Global Overview
    • 8.1.1 Overview
    • 8.1.2 Porter's Five Forces Framework
    • 8.1.3 Global Value Chain Analysis
    • 8.1.4 Market Dynamics (DROs)
  • 8.2 Sources & References
  • 8.3 List of Tables & Figures
  • 8.4 Primary Insights
  • 8.5 Data Pack
  • 8.6 Glossary of Terms
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

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