Press release
Electric Vehicle (EV) Supply Chain Management Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Electric Vehicle (EV) Supply Chain Management Market Size
What Is the Current Electric Vehicle (EV) Supply Chain Management Market Size and Its Estimated Growth Rate?
The market for electric vehicle (EV) supply chain management has seen significant expansion in recent years. The market size is projected to increase from $0.61 billion in 2024 to $0.67 billion in 2025, recording a compound annual growth rate (CAGR) of 9.5%. The remarkable growth during the previous period can be credited to factors such as increased demand for electric vehicles, governmental incentives and subsidies, progress in battery technology, the development of charging infrastructures, and enhanced investments in the production of EVs.
The market size of the electric vehicle (EV) supply chain management is anticipated to witness a substantial rise in the upcoming years. By 2029, the projection is to reach $0.96 billion, having a compound annual growth rate (CAGR) of 9.3%. Factors such as the surge in the use of solid-state batteries, the development of localized EV supply chains, the heightened emphasis on sustainable and ethical sourcing, progress in AI-driven supply chain optimization, and a growing number of collaborations between car manufacturers and battery providers fuel this growth during the forecast period. Key trends for the foreseeable future include the incorporation of blockchain for supply chain visibility, an escalated usage of recycled materials in EV creation, automation in battery production, the emergence of EV battery leasing schemes, and the broadening scope of second-life battery utilization.
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How Are Emerging Segments Shaping the Electric Vehicle (EV) Supply Chain Management Market Landscape?
The electric vehicle (EV) supply chain management market covered in this report is segmented -
1) By Component: Batteries, Power Electronics, Motors, Chassis And Body Structure, Charging Infrastructure And Systems, Software And Connectivity Solutions
2) By Vehicle Type: Passenger Vehicles, Commercial Vehicles, Two-Wheelers And Three-Wheelers, Off-Highway Vehicles
3) By Stage: Upstream, Midstream, Downstream
4) By Deployment Mode: On-Premises, Cloud
5) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
Subsegments:
1) By Batteries: Lithium-Ion Cells, Battery Management Systems (BMS), Battery Packs, Battery Thermal Management Systems, Battery Recycling And Second-Life Applications
2) By Power Electronics: Inverters, Converters, On-Board Chargers, Control Units, Power Modules
3) By Motors: Permanent Magnet Synchronous Motors (PMSM), Induction Motors, Brushless Direct Current (DC) Motors, Switched Reluctance Motors, Motor Controllers
4) By Chassis And Body Structure: Lightweight Materials, Vehicle Frames And Subframes, Crash Structures, Suspension Components, Integration Modules
5) By Charging Infrastructure And Systems: Alternating Current (AC) Charging Stations, Direct Current (DC) Fast Charging Stations, Wireless Charging Systems, Battery Swapping Stations, Charging Management Software
6) By Software And Connectivity Solutions: Vehicle Telematics Systems, Fleet Management Software, Over-The-Air (OTA) Updates, Charging Network Integration Software, Predictive Maintenance And Diagnostic Tools
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Which Growth Factors Are Influencing Electric Vehicle (EV) Supply Chain Management Market Expansion?
The continued growth in the electric vehicle (EV) supply chain management market is predicted to be fueled by the increasing development of charging infrastructure. This infrastructure consists of combined software and hardware systems that facilitate battery charging for EVs in various settings, including residential, commercial, and public. As the use of electric vehicles is rising, the charging infrastructure is growing to meet the rising need for easy and dependable access. By reinforcing consumer trust and simplifying vehicle rollout, the development of charging infrastructure aids EV supply chain management. It decreases range anxiety while allowing for better logistics and distribution across the EV network. For example, GreenCars Inc., a firm in the US that provides information on zero-emission vehicles, revealed that as of the end of Q1 2023, there were over 68,000 charging stations and more than 140,000 charging ports in the United States. Hence, the growth of charging infrastructures is propelling the EV supply chain management market.
Who Are the Dominant Players Across Different Electric Vehicle (EV) Supply Chain Management Market Segments?
Major companies operating in the electric vehicle (EV) supply chain management market are Shell plc, Robert Bosch GmbH, DHL Group, Siemens AG, Nissan Motor Co. Ltd., Magna International, Denso Corporation, BorgWarner Inc., Ryder System Inc., Ganfeng Lithium Co. Ltd., Hexagon AB, Monolithic Power Systems Inc., Dimerco, Unipart Group, Guizhou Zhenhua E-Chem Inc., SK On, ChargePoint Inc., STANLEY Engineered Fastening, ProConnect Integrated Logistics, Jendamark India Pvt. Ltd.
What Are the Latest Developing Trends in the Electric Vehicle (EV) Supply Chain Management Market?
Leading firms in the electric vehicle (EV) supply chain management sector are placing a high emphasis on forming strategic partnerships to smoothen the manufacture and distribution processes throughout the electric vehicle network. These partnerships involve collaborative agreements where companies take advantage of each other's capabilities, assets, or technologies for reciprocal gain. The alliances contribute to enhancing the efficiency of the EV supply chain, cutting costs, and strengthening market competitiveness. For instance, Boots Retail Thailand, a health and beauty retail chain based in Thailand, teamed up with DHL Supply Chain, a logistics firm based in Germany, in April 2025 to initiate a completely electric vehicle (EV) fleet. The plan proposes to cut down carbon emissions by 74 metric tons per year, aiding Thailand's mission to better air quality and aligning with the wider sustainability goals of Boots. This fleet will deliver products to more than 250 Boots stores across the country, setting a new standard for environmentally friendly retail logistics and contributing towards a greener environment. This partnership clearly illustrates both companies' dedication to environmental sustainability and procurement and logistics strategies that align with ESG standards.
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Which Geographic Regions Are Expected to Dominate the Electric Vehicle (EV) Supply Chain Management Market in the Coming Years?
North America was the largest region in the electric vehicle (EV) supply chain management market in 2024. The regions covered in the electric vehicle (EV) supply chain management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Electric Vehicle (EV) Supply Chain Management Market?
2. What is the CAGR expected in the Electric Vehicle (EV) Supply Chain Management Market?
3. What Are the Key Innovations Transforming the Electric Vehicle (EV) Supply Chain Management Industry?
4. Which Region Is Leading the Electric Vehicle (EV) Supply Chain Management Market?
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