Global Electric Vehicle Market 2018: Market Size, Trends & Opportunity BY Key Players Tesla, BYD Company Limited, Ford Motor Company

An electric vehicle, also called an EV, uses one or more electric motors or traction motors for propulsion. An electric vehicle may be powered through a collector system by electricity from off-vehicle sources, or may be self-contained with a battery, solar panels or an electric generator to convert fuel to electricity.

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The global electric vehicle market is anticipated to flourish at a CAGR of 18.3% during the forecast period i.e. 2018-2023. Factors such as growing concern towards environment and increasing sale of automotive vehicles are the dynamic factors escalating the growth of electric vehicle market. Further, favorable government initiatives and policies is anticipated to positively impact the growth of the electric vehicle market during the forecast period.

Segmentation
The research offers a comprehensive analysis of electric vehicle market with respect to following sub-markets:
By Type
– Hybrid Electric Vehicle
– Full Hybrid Vehicle
– Plug-in Hybrid Vehicle
– Electric Vehicle
– Fuel Cell Electric Vehicle
– Battery Electric Vehicle
By Vehicle Type
– Light Vehicles
– Medium & Heavy-Duty Vehicles
By Geography
– North America (U.S. & Canada)
– Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
– Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
– Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
– Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape

The report profiles various major market players such as
– Tesla, Inc.
– BMW
– BYD Company Limited
– Daimler AG
– Energica Motor Company S. p. A
– General Motors Company
– Ford Motor Company
– Nissan Motor Co., Ltd.
– Toyota Motor Corporation
– Volkswagen AG
– Other Major & Niche Players

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Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

The study also provides company’s positioning and market share in electric vehicle market.
Timeline Considered for Analysis:
– 2017: Base Year
– 2018: Estimated Year
– 2019 to 2023: Forecasted Year

Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis

Market Segmentation Analysis:
Industry report analyzes the global electric vehicle market by the following segments:
– Type
– Vehicle Type
Geographic Market Analysis:
The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.
Customization: We also offers customization’s in the industry report as per the company’s specific needs.

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Key Questions Answered in the Global Electric Vehicle Industry Report
• What is the overall market size in 2017? What will be the market growth during the forecast period i.e. 2018-2023?
• Which region would have high demand for product in the upcoming years?
• What are the factors driving the growth of the market?
• Which sub-market will make the most significant contribution to the market?
• What are the market opportunities for existing and entry-level players?
• What are various long-term and short-term strategies adopted by the market players?

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This release was published on openPR.