Press release
Electric Vehicles Market Growth, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2027
Electric Vehicles Market
The global Electric Vehicles Market is expected to reach USD 793.24 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed due to the growing environmental awareness among consumers and increasing government initiatives regarding the adoption of Electric Vehicles to reduce the emission levels in the environment. Increasing research and development for the technological advancement of the products is augmenting the demand for the industry.
To gain useful market insights, grab a sample copy of this report@ https://www.emergenresearch.com/request-sample/79
Key Highlights From The Report
The Battery Electric Vehicles (BEV) segment dominated the market with a share of 48.5% in 2019 due to its higher efficiencies and decreasing prices of the battery. Plug-in Hybrid Electric Vehicles (PHEV) is expected to register significant growth over the forecast period due to the increasing government initiatives of developing nations to promote the manufacturing of the Electric Vehicles.
The Commercial Vehicle is expected to register the highest CAGR of 23.0% over the forecast period as the government of the developing countries is replacing the fuel-based bus with electric buses in order to reduce the CO2 emission.
Asia-Pacific has the highest adoption rate in the market due to the increasing urban population in countries such as China, Malaysia, India, and Indonesia and the increasing disposable income of the consumers.
Key participants include Volkswagen Group, Tesla Motors, BYD Company Ltd., Ford Motor Company, Nissan Motor Company, Toyota Motor Corporation, Daimler AG, BMW, Mitsubishi Motors Corporation, and Hyundai, among others.
Electric Vehicles Market Region:
The report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
Inquire To Know Additional List of Market Players Included, Request Here@ https://www.emergenresearch.com/purchase-enquiry/79
The Global Electric Vehicles Market report is furnished with key market statistics organized in the form of charts, graphs, tables, diagrams, figures, and other pictorial representations. The report offers an exhaustive analysis of the key market aspects like market size, volume, share, current and emerging trends, production and consumption rate, and other key elements that offer an idea about the prospective expansion of the Electric Vehicles industry.
Product Outlook (Revenue, USD Billion; 2017-2027)
Plug-in hybrid electric vehicle (PHEV)
Battery electric vehicle (BEV)
Hybrid electric vehicle (HEV)
Fuel cell electric vehicle (FCEV)
Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
Commercial Vehicle
Two wheeler
Passenger Car
Vehicle Class Outlook (Revenue, USD Billion; 2017-2027)
Luxury
Mid-Priced
Buy Now@ https://www.emergenresearch.com/select-license/79
The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
Significant Features of the Electric Vehicles Market Report:
Extensive competitive landscape analysis to offer the readers key insights into driving and restraining factors along with strategies adopted by the key players
Assessment of the existing and emerging trends of the business sphere
Detailed analysis of the emerging growth opportunities and threats and limitations the players might face in the coming years
Significant breakdown of the market to assess the factors that might influence the global market growth
An 8-year forecast for better understanding of the workings and growth opportunities of the market
Read more@ https://www.emergenresearch.com/industry-report/electric-vehicles-market
Grab Some Related Report of Electric Vehicles market By Emergen Research:
Industrial Packaging Market@ https://www.google.com.py/url?q=https://www.emergenresearch.com/industry-report/industrial-packaging-market
Healthcare Cloud Computing Market@ https://www.google.com.pe/url?q=https://www.emergenresearch.com/industry-report/healthcare-cloud-computing-market
Veterinary Vaccines Market@ https://www.google.com.ph/url?q=https://www.emergenresearch.com/industry-report/veterinary-vaccines-market
Industrial Maintenance Coatings Market@ https://www.google.pn/url?q=https://www.emergenresearch.com/industry-report/industrial-maintenance-coatings-market
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Facebook | LinkdIn | Twitter | Blogs
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Vehicles Market Growth, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2027 here
News-ID: 2349828 • Views: …
More Releases from Emergen Research
Petrolatum Market Size Worth USD 2.46 Billion in 2032 | Emergen Research
The global petrolatum market size was USD 1.84 billion in 2022 and is expected to register a rapid revenue CAGR of 3.0% during the forecast period. The global petrolatum market is witnessing significant growth, driven by a surge in demand from both pharmaceutical and cosmetic sectors. Petrolatum, commonly known as petroleum jelly, serves as a versatile product with applications ranging from skincare to industrial uses.
Market Drivers
One of the key factors…
Seismometers Market Size Worth USD 190.1 Million in 2032 | Emergen Research
The global seismometers market size was USD 105.00 Million in 2022 and is expected to register a rapid revenue CAGR of 6.3% during the forecast period. A recent market research report delves into the dynamics of the global seismometers market, shedding light on key factors influencing its growth trajectory. The report, which analyzes market drivers, restraints, trends, and segment insights, offers valuable insights for stakeholders in various industries.
Market Drivers
The rising…
Vinyl Flooring Market Size Worth USD 80.72 Billion in 2032 | Emergen Research
The global vinyl flooring market size was USD 36.20 Billion in 2022 and is expected to register revenue CAGR of 8.4% during the forecast period. The global vinyl flooring market is experiencing steady growth attributed to the flourishing construction industry and rapid technological advancements in flooring solutions. A recent market research report highlights key drivers, trends, and segment insights shaping the industry landscape.
Market Drivers:
The burgeoning construction sector, both residential and…
Contract Management Software Market Size Worth USD 9.23 Billion in 2032 | Emerge …
The global contract management software market size was USD 2.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 14.4% during the forecast period. The global contract management software market is experiencing substantial growth, fueled by a convergence of factors including the increasing need for flexible contract administration, integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies, and a rising demand for centralized platforms to…
More Releases for Vehicle
Connected Car Devices Industry Forecast to 2028 Global Market Analysis by Commun …
Connected car devices assist in monitoring vehicles and drivers. These devices update owners and fleet managers about the emissions, vehicle performance, vehicle maintenance, on-board diagnostics (OBD), pertaining to fuel economy index, etc. Also, it provides GPS tracking and real-time alerts. Increasing concerns and awareness regarding safety and high demand for advanced system and safety features in vehicles are driving the growth of the connected car devices market.
Sample PDF showcases the…
Steering Tie Rod Market Vehicle (Passenger car, Commercial vehicle, and Heavy-du …
A steering tie rod is an integral part of the steering mechanism in an automobile as it is a lean structural bar or rod which is used as a tie and it is capable of carrying only ductile loads. The rod tends to transmit a force from the rack gear to the steering knuckle, which enables the wheel to turn while the vehicle is moving. This tie rod comprises two…
Offshore AUV & ROV Market by ROV, High Capacity Electric Vehicle, Small Vehicle, …
This study report Global Offshore AUV & ROV Market, the analyst provides growth estimates, forecasts, and an in-depth analysis of all key factors at play in the Market. The report takes into account the micro and macro factors that are likely to impact the growth trajectory of the Market. The study further presents details on the investments initiated by several organizations, institutions, government, and non-government bodies.
The report investigates and analyzes…
Automotive ABS and ESC Market Report 2018: Segmentation by Product (Three Channe …
Global Automotive ABS and ESC market research report provides company profile for Robert Bosch, TRW, Machino, Haldex, Aisin Seiki, Hitachi, Autoliv, Contenental, Delphi, Denso and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The…
Vehicle to Vehicle (V2V)/Vehicle to Infrastructure (V2I) Market expected to grow …
The V2V/V2I market has penetration into different technologies such as smart sensors, big data analytics and cloud computing. The smart sensors manage and control traffic on the roads by offering the drivers and passengers a plethora of advanced transport services aimed at improving driving efficiency and safety. Big data analytics aids the companies in understanding the user requirements and expectations thus bringing about relevant changes in the automotive developments. Vehicular…
Wheelchair Accessible Vehicle Market : by Vehicle Type - Large Size Vehicle, Med …
Researchmoz added Most up-to-date research on "2017 Global Wheelchair accessible vehicles Industry Report" to its huge collection of research reports.
This report is an essential reference for those who look for detailed information on global Wheelchair accessible vehicles market. The report covers data on national, regional, and global markets including historical and future trends for supply, demand, prices, trading, competition as well as global major vendors' information.
In addition…
