NEV Taxi Market Outlook and Growth Forecast for the Period till 2026 || Key Player - Daimler AG, AB Volvo, BYD Company Limited, Mahindra & Mahindra Ltd., Toyota Motor Corporation, BMW AG.

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “NEV Taxi Market Outlook and Growth Forecast for the Period till 2026”. The fact based research report on global NEV Taxi Market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analysed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis on how the metal caps and closures market is expected to develop in the future.

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This report analyzes and forecasts the market for NEV taxi at the global and regional level. The market has been forecasted based on value (US$ Mn) and volume (thousand units) from 2018 to 2026. The study includes drivers and restraints of the global NEV taxi market. It also covers the impact of these drivers and restraints on the demand for NEV taxi during the forecast period. The report also highlights opportunities and future scope in the NEV taxi market at the global and regional level.

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.

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.

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 International 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.

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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. 

The global NEV Taxi market can be segmented as follows:

Global NEV Taxi Market, by Vehicle Type

Battery Electric Vehicle (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Hybrid Electric Vehicle (HEV) 

Global NEV Taxi Market, by Vehicle Class

Hatchback
Sedan
UV 

Global NEV Taxi Market, by Ownership

Company Owned
Individual Owned/ Private 

Global NEV Taxi Market, by Range Type

Intercity
Intra-city 

Global NEV Taxi Market, by Vehicle Level

Entry & Mid-level
Premium 
Global NEV Taxi Market: by Region/Country/Sub-region

North America

U.S.
Canada

Europe

Germany
U.K.
France
Italy
Spain
Rest of Europe

Asia Pacific

China
India
Japan
ASEAN
Rest of Asia Pacific

Middle East & Africa

GCC
South Africa
Rest of Middle East & Africa

Latin America

Brazil
Mexico
Rest of Latin America 

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