Daimler AG, AB Volvo, BYD Auto Co. Ltd., Mahindra and Mahindra Limited, Toyota Motor Corporation, BMW AG - Are Some Industry Key Players of Global NEV Taxi Market

A new report titled “Global NEV Taxi Market - In-Depth Analysis with Booming Trends Supporting Growth and Forecast till 2026” has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the NEV Taxi market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for NEV Taxi across the globe.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global NEV taxi market. The Porter’s Five Forces model for the NEV taxi market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein vehicle class is benchmarked based on market size, growth rate, and general market share.

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The study provides a decisive view of the global NEV taxi market by segmenting it in terms of vehicle type, vehicle class, ownership, range type, vehicle level, and geography. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for NEV taxi in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers the demand for individual segments in all major countries across all the regions.

The study includes profiles of major companies operating in the global NEV taxi market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, recent developments, key executive bios, and manufacturing footprint.

The market for NEV taxi is primarily driven by the increasing number of electric vehicles as taxis. Higher fuel rate, decrease in fossil fuel, stringent emission norms, government offering through tax incentive and subsidies, and rising awareness to opt for NEV are propelling the NEV taxi market. Further, it also offers low cost travelling ride experience as compared to others 

The report provides the estimated market size of NEV taxi for 2017 and forecast for the next nine years. The global market size of NEV taxi has been provided in terms of revenue and volume. Market numbers have been estimated based vehicle type, vehicle class, ownership, range type, vehicle level, and geography segments of NEV taxi. Market size and forecast for each vehicle type, vehicle class, ownership, range type, and vehicle level have been provided in terms of global and regional/country markets.

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In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, National government documents, statistical databases, and market reports, American Automobile Association, European Automobile Manufacturers Association, Automotive Research Association of India, Organisation Internationale des Constructeurs d'Automobile (OICA), UITP, World Electric Vehicle Association (WEVA), Electric Vehicle Association of Asia pacific (EVAAP), Society of manufacturers of Electric Vehicles (SMEV), Factiva, etc.

Primary research involves e-mail interactions, telephonic interviews, Linked interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help to develop the analysis team’s expertise and market understanding. 

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