Press release
German Electric Vehicle Market to reach USD 781,061.60 Th by 2027, emerging at a CAGR of 22 percent and forecast 2021-2027
German Electric Vehicle Market, German Electric Vehicle Market Size, German Electric Vehicle Market Scope,
The German Electric Vehicle Market Report by Maximize Market Research Pvt Ltd offers a comprehensive scope that encompasses various facets of the market landscape. The report meticulously examines critical segments such as Drive Type and Vehicle Type, providing detailed insights into the market dynamics within these categories. With a focus on the burgeoning electric vehicle sector in Germany, the scope extends to industry trends, challenges, opportunities, and the competitive landscape. The report serves as a valuable resource for stakeholders seeking a nuanced understanding of the market's current state and future trajectory.
Maximize Market Research Pvt Ltd employs a robust and systematic research methodology to ensure the accuracy and reliability of the German Electric Vehicle Market Report. The research process integrates both primary and secondary data sources, utilizing advanced techniques to collect, validate, and analyze information. Primary research involves interactions with industry experts, key opinion leaders, and market participants to gather firsthand insights. Secondary research encompasses a thorough review of existing literature, market reports, and authoritative databases. The culmination of these approaches allows for a comprehensive and insightful analysis, enabling stakeholders to make informed decisions based on the most up-to-date and relevant information in the electric vehicle market in Germany.
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What are German Electric Vehicle Market Dynamics:
To support the rising electric vehicle market in Germany, a significant increase in charging infrastructure is required - By 2027, an estimated 180,000 to 200,000 public chargers would be needed to service about 5.7 to 7.4 million electric vehicles in Germany, representing a market share of 35 % of passenger vehicle sales, and a total of 448,000 to 565,000 chargers by 2030. Chargers deployed in 2018 covered 12 % to 13 % of charging demands in 2025, and 4% to 5% of charging needs in 2030. Although governments and private sector will have to put in a lot more work to create this charging infrastructure, these predicted demands are around half of Germany's stated aim of 1 million public chargers by 2030. In the scenarios addressed in this analysis, this discrepancy is explained by fewer automobiles and a smaller number of charges per electric vehicle.
As the markets grow, more vehicles can be supported per charger - According to MMR estimates, the number of electric vehicles per normal-speed charger will increase from nine in 2020 to fourteen in 2027. Germany Associated trends over time include an expected decrease in home charging availability as more electric vehicles are purchased by people without off-street overnight parking, increased use of public chargers, and faster charging speeds. With the advancement of electric vehicles and charging infrastructure, the commercial case for public charging strengthens over time.
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German Electric Vehicle Market Regional Insights:
Germany, being the world's third-largest automobile producer, showcases a robust commitment to fostering electric vehicle adoption across its diverse regions. The report sheds light on the government's ambitious goals to position Germany as Europe's largest electric vehicle market and producer, emphasizing the need for a comprehensive charging infrastructure network.
Key regional insights underscore the nation's intent to achieve a milestone of 1 million publicly accessible charging stations by 2027, a commitment supported by an investment exceeding USD 3.37 billion. The focus extends beyond metropolitan areas, acknowledging the demand for electrification in less affluent rural areas. The regional analysis further reveals collaborative efforts between the German government and key automotive companies to promote the widespread acceptance of electric vehicles. With a dynamic blend of urban and nonmetropolitan markets, Germany is steering its automotive industry towards a sustainable and electrified future. The report provides valuable insights into the regional dynamics, offering stakeholders a nuanced understanding of the localized factors shaping the German Electric Vehicle Market.
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What is German Electric Vehicle Market Segmentation:
by Drive Type
• PHEV
• BEV
• Hybrid
by Vehicle Type
• Passenger Vehicle
• Commercial Vehicle
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Who are German Electric Vehicle Market Key Players:
• Mercedes Benz
• Bollinger
• Bollore
• Microlino
• Mistubishi
• Nissan
• Peugeot
• Smart
• Tesla
• ABB
• Eaton
• AVL
• Alfen
• Delphi Automotive
• Volkswagen
• Renault
• BMW
• Hyundai
• Jaguar
Table of content for the German Electric Vehicle Market includes:
1. Global German Electric Vehicle Market: Research Methodology
2. Global German Electric Vehicle Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global German Electric Vehicle Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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