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Global Battery Electric Vehicle Market Report till 2022 - Market to Grow at a CAGR of 13.6%

03-21-2018 08:15 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

FACT.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Battery Electric Vehicle Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global “Battery Electric Vehicle Market”. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2022.

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Factors Fuelling Growth of the Global Market

Growth of the global market of battery electric vehicle is projected to be bound by several macro and micro economic factors. Demand for electric vehicles is projected to remain significantly concentrated in the transportation industry. The battery electric passenger vehicles have comparatively low maintenance expenses as they fnction on strong rotors unlike the conventional vehicles. Furthermore, the electric vehicles are not embedded with several facilities including fuel injection systems, radiators, costly exhaust system, and starter motor, which reduces the maintenance expenses of the vehicle. Bound to these factors, demand for battery electric vehicle is projected to increase in the transportation industry.

Equipped with comparatively low center of gravity, the electric vehicles are fast and subject to low risk of accidents or threats. Moreover, the major market players in the global market are increasingly using bio-based materials for manufacturing the padding, and the body parts of the electric passenger vehicles. Attributed to these factors, the global market of battery electric vehicle is projected to witness a significant growth throughout the forecast period.

While the overall outlook on growth of the global market remains positive, fast deterioration of the battery, and long duration for recharging the battery will continue to pose significant challenges to the customers. As these vehicles only allow commuting in short distances, demand for battery electric vehicle is likely to dip in the global market.

Browse Full Report with TOC- https://www.factmr.com/report/271/battery-electric-vehicle-market

Table of Content:

1. Global Battery Electric Vehicles Market - Executive Summary

2. Global Battery Electric Vehicles Market Overview

2.1. Introduction

2.1.1. Global Battery Electric Vehicles Market Taxonomy

2.1.2. Global Battery Electric Vehicles Market Definition

2.2. Global Battery Electric Vehicles Market Size (US$ Mn) and Forecast, 2012-2022

2.2.1. Global Battery Electric Vehicles Market Y-o-Y Growth

2.3. Global Battery Electric Vehicles Market Dynamics

2.4. Supply Chain

2.5. Cost Structure

3. Global Battery Electric Vehicles Market Analysis and Forecast By Power Source

3.1. Global Battery Electric Vehicles Market Size and Forecast By Power Source, 2012-2022

3.1.1. Stored Electricity Battery Electric Vehicles Market Size and Forecast, 2012-2022

3.1.1.1. Revenue (US$ Mn) Comparison, By Region

3.1.1.2. Market Share Comparison, By Region

3.1.1.3. Y-o-Y growth Comparison, By Region

3.1.2. On Board Electric Generator Battery Electric Vehicles Market Size and Forecast, 2012-2022

3.1.2.1. Revenue (US$ Mn) Comparison, By Region

3.1.2.2. Market Share Comparison, By Region

3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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