Electric Vehicle Market by 2027 Getting Ready For Future Growth | Tesla, BMW Group, Nissan Motor Corporation, Toyota Motor Corporation, Volkswagen AG, General Motors, Daimler AG,
Demand for high-performance and low-emission vehicles along with stringent government regulations drive the growth of the global electric vehicle market.
Download Report Sample (256 Pages PDF with Insights, Charts, Tables, Figures) @ https://www.alliedmarketresearch.com/request-sample/2404
Increase in demand for high-performance, fuel-efficient, and low-emission vehicles along with stringent government regulations toward vehicle emissions propel the growth of the global electric vehicle market. Whereas, the high cost of manufacturing and less fuel economy & serviceability restrain the market growth. Moreover, advancements in technologies and supportive government initiatives offer new opportunities in the coming years.
• In order to contain the impact of COVID-19, the industries including automotive have drawn up several projects, due to lockdown.
• On the other hand, China, being the most affected country and a major hub for automotive production, has stopped functioning supply chains in different regions. This has created a major impact on the global electric vehicle industry.
• Moreover, various automakers are planning to revitalize their plans & projects and recover the investments to meet the restoring demands in the market.
Get detailed COVID-19 impact analysis on the Electric Vehicle Market @ https://www.alliedmarketresearch.com/request-for-customization/2404?reqfor=covid
The global electric vehicle market is segmented on the basis of type, vehicle type, and region. By type, the market is divided into battery electric vehicle (BEV), hybrid electric vehicle (HEV), and plug-in hybrid electric vehicle (PHEV). The hybrid electric vehicle (HEV) segment accounted for the highest market share in 2019, contributing to nearly half of the global electric vehicle market, and is expected to maintain its dominant share throughout the forecast period. On the other hand, the battery electric vehicle (BEV) segment is estimated to portray the highest CAGR of 23.3% from 2020 to 2027.
Based on vehicle type, the market is classified into two-wheelers, passenger cars, and commercial vehicles. The passenger car segment contributed to nearly three-fourths of the global electric vehicle market in 2019 and is estimated to continue its leadership position during the forecast period. However, the commercial vehicle segment would portray the largest CAGR of 30.0% from 2020 to 2027.
Interested to Procure The Data? Inquire here @ https://www.alliedmarketresearch.com/purchase-enquiry/2404
Based on the region, North America is anticipated to contribute the fastest CAGR of 27.5% from 2020 to 2027. On the other hand, Asia-Pacific held more than half of the global electric vehicle market in 2019 and is expected to maintain its lion's share throughout the forecast period. The report also analyzes regions including Europe and LAMEA.
Key players operating in the EV market include Volkswagen AG, Tesla, BMW Group, Nissan Motor Corporation, Toyota Motor Corporation, Ford Motor, General Motors, BYD Company Motors, and Daimler AG, Energica Motor Company S.p.A.
Schedule a Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/2404
Similar Reports We Have:
Low-Speed Electric Vehicle Market: The global low-speed electric vehicle market was valued at $2,395.8 million in 2017, and is projected to reach $7,617.3 million by 2025, registering a CAGR of 15.4% from 2018 to 2025.
Electric Truck Market: The global electric truck market is segmented into propulsion, vehicle type, application, and region.
Electric Vehicle Market to Reach $802.81 Billion, Globally, by 2027: Allied Market Research | https://www.globenewswire.com/news-release/2020/06/08/2045017/0/en/Electric-Vehicle-Market-to-Reach-802-81-Billion-Globally-by-2027-Allied-Market-Research.html
Electric Bus Market: The global electric bus market is segmented on the basis of technology, size, and geography.
Electric Mobility Scooter Market: The electric mobility scooter market is segmented on the basis of battery type, and number of tires.
Electric Bikes Market: The global electric bikes market size was valued at $16.34 billion in 2017, and is expected to reach $23.83 billion by 2025, registering a CAGR of 4.9% from 2018 to 2025.
Electric Vehicle Market to Reach $802.81 Bn, Globally, by 2027 at 22.6% CAGR: Allied Market Research | https://www.prnewswire.com/news-releases/electric-vehicle-market-to-reach-802-81-bn-globally-by-2027-at-22-6-cagr-allied-market-research-301039920.html
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research Blog: https://blog.alliedmarketresearch.com
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Vehicle Market by 2027 Getting Ready For Future Growth | Tesla, BMW Group, Nissan Motor Corporation, Toyota Motor Corporation, Volkswagen AG, General Motors, Daimler AG, here
News-ID: 2101199 • Views: 359
More Releases from Electric Vehicle Market
Global Electric Vehicle Market Report 2019 Companies included Hyster-Yale, John …
Market Reports Company has recently published 7th edition of Electric Vehicle Market Report which covers historic data of year 2013 to 2018 along with a forecast till year 2026. For inquiry or free sample pages email us at: firstname.lastname@example.org The report provides a comprehensive view on the current state and future prospects of the market which analyzes different strategies for business growth. The global Electric Vehicle market was valued at USD xx
Global Electric Vehicle Market 2018 by Revenue, Growth Rates, and Industry Chall …
Qyresearchreports include new market research report "Global Electric Vehicle Market Professional Survey Report 2018" to its huge collection of research reports. The research report on the global Electric Vehicle market provides an in-depth analysis by assessing vital market aspects such as growth trends and technological advances shaping the growth trajectory of the said market between 2018 and 2025. The growth of the market is impacted by a number of social and
Survey: Electric Vehicle Market Forecast 2018-2025 Renault, Nissan, BMW, Tesla, …
Electric Vehicle Market Research 2018 Globe Info Research Recently added detailed market study on the "Global Electric Vehicle Market" Research Report 2018-2025 which provides an outlook of current market value of Electric Vehicle Market as well as the expected forecast of Rate on Investment (ROI) with growing CAGR of XX% in Electric Vehicle Market by the end of 2025. The report on the global Electric Vehicle market uses the top-down and
More Releases for Allied
Reason: Why Automotive Camera technology is best | Allied Market Research
Automotive cameras are expected to curb down the number of traffic accidents significantly. Thus, the future cars might be mirrorless, and completely be based on cameras and AI technology for navigation. For instance, Mitsubishi, announced in January 2018, that it developed the automotive industry’s highest performing automotive camera technology. The cameras incorporated in the vehicle can detect objects up to 100 meters away. In addition, the technology boosted the object
3D SCANNING MARKET ON THE RISE - ALLIED MARKET RESEARCH
HERE ARE THE GROWING 3D SCANNING TRENDS FOR 2021 Hang on! The global 3D scanning service market is on the rise, looking to cash-in a good $5.7 billion by the year 2021. This all coming from the Allied Market Research in a report. It also reported 3d scanners putting out the highest in industrial manufacturing in 2014, with over 60% of this revenue coming from the Europe and North America,
Allied Market Research
The global supply chain analytics market is expected to register substantial growth in the near future and this is attributed to the growing need to improve visibility on supply chain operations such as orders, shipments, and inventory. The high statistical forecast accuracy and real-time measurement of supply chain events has further encouraged the growth of supply chain analytics market during the forecast period. The lack of awareness regarding supply chain
Carotenoids Market – Sophisticated Growth 2025 | Allied Biotech Corporation, F …
Global Carotenoids Market: Overview Carotenoids, a class of phytonutrients, are plant pigments due to which several fruits and vegetables acquire their bright shades of red, orange, and yellow. Several algae, bacteria, and plants contain these pigments. Acting as anti-oxidants, carotenoids possess cancer-fighting properties, suggests recent research. Carotenoids also have anti-inflammatory properties, improve the immune system, and are believed to aid in the prevention of cardiovascular diseases. Some of the fruits and
Allied Telesis to Showcase Smarter Solutions at MIPS EMEA 2017
Allied Telesis, a leading provider of networking hardware and software products, announced it will participate in and exhibit at the upcoming three-day Milestone Community Days, MIPS EMEA 2017 to be held at The InterContinental, Dubai Festival City, Dubai, UAE on May 8th – 10th, 2017. With Japanese technology in its DNA, Allied Telesis has emerged as one of the fastest growing networking companies in the region to offer products with
Daktronics Wins IDEA Allied Achievement Award
BROOKINGS, S.D. – February 25, 2010 – Daktronics was presented with the Information Display and Entertainment Association (IDEA) Allied Achievement Award during the Annual IDEA conference that took place 14-17 February in Tampa Bay, Fla. The Allied Achievement Award gives honor to a current Allied IDEA member organization for industry innovations, support of the large screen video industry, and support of the IDEA organization. The member organization has to be