Global Electric Vehicle (EV) Market Global Outlook 2032 and CAGR of 19.8%

The Global Electric Vehicle (EV) Market is experiencing rapid growth, driven by the increasing demand for sustainable transportation and efforts to reduce greenhouse gas emissions. EVs offer numerous benefits, including reduced fuel costs, lower maintenance requirements, and a significant reduction in carbon dioxide emissions. Government initiatives, incentives, and technological advancements are expected to further propel the market, with projections indicating a substantial increase in EV adoption in the coming years.

Global electric vehicle market is expected to reach $1,299.3 billion by 2030, representing a 2020-2030 CAGR of 19.8%.

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Highlighted with 88 tables and 123 figures, this 196-page report "Global Electric Vehicle (EV) Market 2020-2030 by Offering, Propulsion Technology (BEV, HEV, PHEV, FCEV), Power Source, Charging Level (Level 1, Level 2, Fast Charging), Vehicle Type, and Region: Trend Outlook and Growth Opportunity" is based on a comprehensive research of the entire global electric vehicle market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. In this report 2019 is the base year for market analysis, with estimates and forecast covering 2020-2030. (Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter's Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global electric vehicle market in every aspect of the classification from perspectives of Offering, Propulsion Technology, Power Source, Charging Level, Vehicle Type, and Region.

Based on offering, the global market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

Hardware

Battery
Motor
Regenerative Brakes
Infotainment System
On-Board Charger

Software

Service

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Based on Propulsion Technology, the global market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section.

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

Based on Power Source, the global market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section.

Onboard Electricity Storage
Onboard Electricity Generation

Based on Charging Level, the global market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section. Each segment is further split by sensor type.

Level 1
Level 2
Fast Charging

Based on Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section.

Passenger Cars

Commercial Vehicles

Buses
Heavy Trucks
Light Commercial Vehicles

Two-Wheelers

Other Vehicle Types

Some of the key questions answered in this report: 

Which are the five top players of the Global Electric Vehicle (EV) Market?
How will the Global Electric Vehicle (EV) Market change in the upcoming years?
Which product and application will take a share of the Global Electric Vehicle (EV) Market?
What are the drivers and restraints of the Global Electric Vehicle (EV) Market?
Which regional market will show the highest growth?
What will be the CAGR and size of the Global Electric Vehicle (EV) Market throughout the forecast period?
What is the current market size, what will the market size be in 2030 and what will the growth rate be?
What are the challenges to grow in the market?
What are the market opportunities and challenges faced by the key vendors?
Who are the major competitors and what is their strategy?
What are the barriers to entry for new players in the market?

Geographically, the following regions together with the listed national/local markets are fully investigated:

APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
Europe (Germany, UK, France, Norway, The Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Denmark, Austria, Spain, Sweden, Italy, Poland, Czech Republic, Slovakia, Hungary, and Romania)
North America (U.S. and Canada)
Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
RoW (Saudi Arabia, UAE, Egypt)

For each of the aforementioned regions and countries, market analysis and revenue/sales volume data are available for 2019-2030. The breakdown of all regional markets by country and split of major national markets by Propulsion Technology, Charging Level, and Vehicle Type over the study years (2019-2030) are also included.

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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in global electric vehicle market are assayed quantitatively and qualitatively through Market Data Library's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

BMW Group         

BYD Company Ltd.

Ford Motor Company         

Geely-Volvo          

General Motors Company  

Honda Motors Co., Ltd.       

Hyundai-Kia         

LG Chem Ltd.        

Mitsubishi Motors Corporation         

Nissan Motor Corporation Ltd.          

Panasonic Corporation       

SAIC       

Samsung SDI         

Tesla Inc.

Toyota Motor Corporation 

Volkswagen Group

Latest Report: https://www.digitaljournal.com/pr/news/xherald/bevellers-market-revenue-analysis-by-trends-future-demands-2022-to-2032

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This release was published on openPR.