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

Description

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).

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

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

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