Press release
Global Electric Vehicle Market (2016-2024)-GMI Research
Global Electric Vehicle Market (2016-2024)-GMI Research
The global electric vehicle components market was estimated to be USD 124.9 billion in 2017 and is projected to reach USD 583.5 billion by the end of 2025, exhibiting a CAGR of 21.3% during the forecast period.
Figure 1: Global Electric Vehicles Market Revenue, 2018–2025 (USD Billion)
Source: GMI Research
Factors such as favourable government policies and regulations, rise in demand for environment friendly vehicles by the consumers and increased focus of OEM’s towards the development of technologically advanced components are likely to positively impact the market in the coming years.
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Based on component, battery pack segment held the largest share in 2017
Growing demand for electric vehicles are supporting the growth of the battery packs. The battery pack segment has further been bifurcated into Lithium-ion battery, Nickel Metal Hydride Battery and Others. Lithium-ion battery is projected to grow at the highest CAGR during 2018 -2025 due to its characteristics such as safety, life-span, performance, specific energy and specific power
Figure 2: Global Electric Vehicles Market Revenue, by Region, 2017
Source: GMI Research
Asia-Pacific held the largest share in the market in 2017 owing to government support in terms subsides, tax rebates, grants as well as with the improved charging infrastructure. China and Japan are the key countries in the region with highest number of electric vehicle registrations.
Automakers, such as Toyota, Fisker and BMW are investing a lot in the research & development activities of the electric vehicles. These companies are focusing on introducing commercial electric vehicles by 2020. Additionally, the report has also covered profiles of the major companies active in the field, including LG Chem., Panasonic Corporation, Samsung SDI, Automotive Energy Supply Corporation, Infineon Technologies, Mitsubishi Electric Corporation, Bosch, Continental Automotive, Microsemi Corporation, Denso Corporation, GKN PLC
The research report “global electric vehicle market” provides in-depth analysis of global electric vehicle market based on components and major geographies from the period 2018 to 2025. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for electric vehicle components market. Further, the report also analyses the competitive landscape and the major players and their market share in 2017. The competitive landscape section of the report also captures and states the recent development in the market.
Key questions answered in this research report:
1- At what pace is the electric vehicles market growing worldwide? What will be the growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the coming years?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global electric vehicles market?
4- What are the various application areas and how they are poised to grow?
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Table of Content (TOC)
• Executive Summary
• Introduction
o Study Objectives
o Scope of the study
• Market Covered
• Geographical Coverage
• Forecast Data
o Research Methodology
• Electric Vehicle Market Overview
o Introduction
o Market Segmentation
o Value Chain Analysis
o Market Drivers
o Market Restraints/Inhibitors
o Market Attractiveness and Technology Trend
• Global Electric Vehicle Market Revenue Forecast till 2025
• Electric Vehicle Market by Components Revenue Forecast till 2025
o Battery Pack
• Lithium-Ion Battery
• Nickel Metal Hydride Battery
• Others
o Chassis
o Vehicle Body
o Drivetrain
• Electric Motor
■ 5.4.1.1. Permanent Magnet Motor
■ 5.4.1.2. AC Induction Motor
■ 5.4.1.3. Brushless DC Motor
o 5.4.2. Inverter/Generator
o 5.4.3. Vehicle Control Unit
o 5.4.4. Transmission
■ 5.4.4.1. Single Gear Transmission
■ 5.4.4.2. Multi-Gear Transmission
o 5.4.5. On-Board Charger
o Equipment
o Others
• Electric Vehicle Market by Region Revenue Forecast till 2025
o North America – Electric Vehicle Market Revenue Forecast till 2025
• Electric Vehicle Market by Component (Option1: 25%customization)
• Battery Pack
• Chassis
• Vehicle Body
• Drivetrain
• Equipment
• Others
o Europe – Electric Vehicle Market Revenue Forecast till 2025
• Electric Vehicle Market by Component (Option2: 25%customization)
• Battery Pack
• Chassis
• Vehicle Body
• Drivetrain
• Equipment
• Others
o Asia-Pacific – Electric Vehicle Market Revenue Forecast till 2025
• Electric Vehicle Market by Component (Option3: 25%customization)
• Battery Pack
• Chassis
• Vehicle Body
• Drivetrain
• Equipment
• Others
o Rest of the World– Electric Vehicle Market Revenue Forecast till 2025
• Electric Vehicle Market by Component
• Battery Pack
• Chassis
• Vehicle Body
• Drivetrain
• Equipment
• Others
• Competitive Landscape
o Industry Attractiveness
• Porter 5 Analysis
o Major players and their key strategies
• Company Profiles
o LG Chem.
• Company Overview
• Financials
• Recent Developments
o Panasonic Corporation
• Company Overview
• Financials
• Recent Developments
o Samsung SDI
• Company Overview
• Financials
• Recent Developments
o Automotive Energy Supply Corporation
• Company Overview
• Financials
• Recent Developments
o Infineon Technologies
• Company Overview
• Financials
• Recent Developments
o Mitsubishi Electric Corporation
• Company Overview
• Financials
• Recent Developments
o Bosch
• Company Overview
• Financials
• Recent Developments
o Continental Automotive
• Company Overview
• Financials
• Recent Developments
o Microsemi Corporation
• Company Overview
• Financials
• Recent Developments
o Denso Corporation
• Company Overview
• Financials
• Recent Developments
o GKN PLC.
• Company Overview
• Financials
• Recent Developments
• Appendix
For Sample Pages & Detailed Report Description Visit : https://www.gmiresearch.com/report/global-electric-vehicle-market-opportunities-forecast-share-trends-insights.html
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.
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