Press release
Electric Mobility Market is projected to reach USD 362.08 billion by 2030 : Cognitive Market Research

Electric Mobility Market is projected to reach USD 362.08 billion by 2030 : Cognitive Market Research
Introduction of Electric Mobility
- Electric mobility refers to the use of electric power as the primary source of energy to power vehicles, such as cars, buses, and motorcycles. This is in contrast to vehicles that rely on internal combustion engines, which burn fossil fuels like gasoline or diesel.
Summary:
- The Global Electric Mobility Market size is projected to grow from USD 121.71 billion in 2022 to USD 362.08 billion by 2030, at a CAGR of 14.7% during the forecast period.
"To know more about The Electric Mobility Market statistics click here: https://www.cognitivemarketresearch.com/electric-mobility-market-report
Market Dynamics:
Factors Impacting on Global Electric Mobility Market
- The increasing potential for cost savings by switching to electric mobility is driving the demand for electric mobility which is contributing to the market growth. Furthermore, rising environmental safety awareness and increasing prices of fuel are accelerating the growth of the Global Electric Mobility market.
Market Segmentation:
Product
• Electric Scooter
• Electric Bikes
• Electric Motorized Scooter
• Electric Motorcycle
• Electric Car
Based on the product, the electric scooter segment is projected to register the fastest growth rate during the forecast period owing to the increasing number of electric scooters use for short-distance commutes and increasing innovation in its design and affordable prices.
Drive
• Chain Drive
• Belt Drive
• Hub Drive
Based on the drive, the chain drive segment held the major share in the year 2022. This is due to Electric bikes with chains being more efficient and it offers a longer range.
Battery
• Lead Acid Battery
• Li-ion Battery
• Others
Based on battery, the Li-ion Battery segment held the major share owing to increasing investment in Li-ion battery packs and rising awareness about eco-friendly batteries are projected to support the segment's growth.
Voltage
• Less than 24V
• 24V
• 36V
• 48V
• More than 48V
End-Use
• Personal
• Commercial
The Major Players in Electric Mobility Market are:
BMW Motorrad International, Gogoro Inc, Honda Motor Co. Ltd, KTM AG, Mahindra Group, Ninebot Ltd., Suzuki Motor Corporation, Terra Motors Corporation, Vmoto Limited ABN, Yamaha Motor Company Limited
Get free sample pages of the latest published Electric Mobility Report:
https://www.cognitivemarketresearch.com/electric-mobility-market-report/report_enquiry?id=4
Regional Analysis:
- Asia Pacific is a leading region of the Global Electric Mobility market.
Asia Pacific held the major share of the Global Electric Mobility market in the year 2022. This is attributed to the increasing awareness of the need to reduce emissions and technological advancements in this region. Moreover, many governments in the Asia Pacific region have implemented policies and incentives to encourage the adoption of electric vehicles (EVs), such as subsidies, tax exemptions, and reduced registration fees. Thus, the increasing government support in this region driving the growth of the Global Electric Mobility market.
News:
- TVS Motor Company and BMW Motorrad announced the expansion of partnership for Future Technologies and Electric Vehicles
TVS Motor Company and BMW Motorrad announced to extend and expand their corporate agreement with the joint development of new platforms and future technologies, including Electric Vehicles. With this partnership, TVS Motor enhances the design and development of future BMW Motorrad products.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Electric Mobility Market
• 3.1 Global Electric Mobility Market Size 2018 - 2030, (USD Million)
• 3.2 Global Electric Mobility Value, Absolute & Opportunity Analysis
• 3.3 Global Electric Mobility Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Electric Mobility Market Statistics 2022: Snapshot
Chapter 4 Global Electric Mobility Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Electric Mobility Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Electric Mobility Industry Mergers and Acquisition Analysis
• 5.3 Global Electric Mobility New Launches Analysis
• 5.4 Company Categorization
• 5.5 Global Electric Mobility Top Winning Strategies, by Manufacturers (2018-2022)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Electric Mobility Market by Product Segmentation Analysis (2018-2030)
Chapter 10 Global Electric Mobility Market by End Use Segmentation Analysis (2018-2030)
Chapter 11 Global Electric Mobility Market by Drive Segmentation Analysis (2018-2030)
Chapter 12 Global Electric Mobility Market by Battery Segmentation Analysis (2018-2030)
Chapter 13 Global Electric Mobility Market by Voltage Segmentation Analysis (2018-2030)
Chapter 14 Global Electric Mobility Market Regional Analysis
Chapter 15 North America Electric Mobility Market Outlook (2018 - 2030)
Chapter 16 Europe Electric Mobility Market Outlook (2018 - 2030)
Chapter 17 Asia Pacific Electric Mobility Market Outlook (2018 - 2030)
Chapter 18 Latin America Electric Mobility Market Outlook (2018 - 2030)
Chapter 19 Middle East and Africa Electric Mobility Market Outlook (2018 - 2030)
Chapter 20 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more Electric Mobility Market TOC click here: https://www.cognitivemarketresearch.com/electric-mobility-market-report#table_of_contents
Related Reports:
• Shared Mobility Market - https://www.cognitivemarketresearch.com/shared-mobility-market-report
• Micro-mobility Charging Infrastructure Market - https://www.cognitivemarketresearch.com/micro-mobility-charging-infrastructure-market-report
• Micro-mobility Market - https://www.cognitivemarketresearch.com/micro-mobility-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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