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Electric Vehicle Market revenue is expected to grow at a CAGR of 13.78% from 2024 to 2030, reaching nearly USD 952.13 Billion by 2030 says Maximize Market Research
Electric Vehicle Market
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Electric Vehicle Scope:
Market Size in 2023 USD 385.78 Bn.
Market Size in 2030 USD 952.13 Bn.
CAGR 13.78 % (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 255
No. of Tables 120
No. of Charts and Figures 115
Segment Covered by Component, Vehicle Type, EV Charging Point Type, End-User.
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
Electric Vehicle Market Report Scope and Research Methodology:
Electric Vehicle Market report offers access to two interactive online tools: the Global EV Data Explorer and Global EV Policy Explorer. These tools empower users to dynamically explore electric vehicle statistics, projections, and policy measures on a global scale. The methodology combines primary data from expert interviews and secondary data from Electric Vehicle reports. Statistical models forecast future trends, considering technological advancements and regulatory impacts, providing a thorough overview of the Electric Vehicle dynamics and growth potential.
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Electric Vehicle Market Dynamics:
Countries during the world have set objectives to reduce automobile emissions between 2030 and 2050. EV batteries are one of the most expensive components of the China electric vehicle market, the price of these batteries may be as low as USD 100 per kWh car, this has resulted in a fall in the cost of electric vehicles. With a well-developed global EV charging network, demand for the electric vehicle market is likely to rise.
Electric Vehicle Market Regional Insight:
The Asia Pacific place is poised to exert large dominance over the worldwide electric-powered automobile market, with 3 primary markets spearheading worldwide sales. According to the 2022 International Energy Agency Report, China, in particular, performed a pivotal function, contributing to over 60% of worldwide electric-powered vehicle sales. In the context of Asia Pacific, electric-powered automobiles play an important function in accomplishing net-0 emission targets, pushed appreciably via way of means of authorities' assist and projects aimed toward decarbonizing society.
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Electric Vehicle Market Segmentation:
by Component
• Battery Cells & Packs
• On-Board Charger
• Motor
• Reducer
• Fuel Stack
• Motor Control Unit
• Battery Management System
• Power Conditioner
• Air Compressor
• Humidifier
by Vehicle Type
• Passenger Cars
• Commercial Vehicles
• Two Wheelers
by EV Charging Point Type
• Normal Charging
• Super Charging
by End-User
• Private
• Commercial Fleets
Leading Electric Vehicle Market key industry:
1. Tesla - (United States)
2. Rivian
3. Chevrolet
4. Lucid Motors
5. Ford
6. Fisker
7. Nikola
8. Proterra
9. Canoo
10. Lion Electric
𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/global-electric-vehicle-market/1408/
Key questions answered in the Electric Vehicle Market are:
1. Which region has the largest share in the Global Electric Vehicle Market?
2. What is the growth rate of the Global Electric Vehicle Market?
3. What is the scope of the Global Electric Vehicle Market report?
4. Who are the key players in the Global Electric Vehicle Market?
5. What is the study period of this market?
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
• 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
Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:
Off-Highway Market valued at USD 5.86 Billion in 2022, and is expected to reach USD 40.28 Billion by 2029, exhibiting a CAGR of 31.7 % during the forecast period (2023-2029)
Driveline Market is expected to reach US$ 128.35 Bn by 2030, at a CAGR of 16.89% during the forecast period.
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted Market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial Market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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