Electric Vehicle Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Type (Battery Electric Vehicles, Plug-in Hydrid Electric Vehicles, Hybrid Electric Vehicles); Vehicle Category (Passenger Cars, Commercial Vehicles, Two Wheelers) and Geography
MARKET INTRODUCTION
The electric vehicle market has witnessed tremendous growth in the last few years owing to the significant advancements in the electric vehicles industry. Further, the initiatives by various environmental agencies for the reduction of the carbon footprint from vehicular emissions have also propelled the global demand for electric vehicles. The market for electric vehicles has witnessed a mercurial rise in both developed countries such as the U.S. and developing countries such as China majorly due to presence of large automotive manufacturing hubs and demand for clean energy vehicles.
MARKET DYNAMICS
Rising concerns about global warming and the growing need to reduce carbon emissions is anticipated to drive the electric vehicle market in the coming few years. However, the lack of standardization in the electric vehicle industry is anticipated to pose a the challenge in the growth of the electric vehicle market. Further, increasing usage of Vehicle-to-Grid (V2G) EV charging stations for the electric vehicles is expected to provide significant opportunities for the players operating in the electric vehicle market.
MARKET SCOPE
The "Global Electric Vehicle Market Analysis to 2027" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the electric vehicle market with detailed market segmentation by type, vehicle category and geography. The global electric vehicle market is expected to witness rapid growth during the forecast period. The report provides key statistics on the market status of the leading electric vehicle market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global electric vehicle market is segmented on the basis of type and vehicle category. Based on type, the electric vehicle market is segmented into below battery electric vehicles, plug-in hybrid electric vehicles and hybrid electric vehicles. On the basis of the vehicle category, the electric vehicle market is segmented into passenger cars, commercial vehicles and two-wheelers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electric vehicle market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric vehicle market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the electric vehicle market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the electric vehicle in these regions.
MARKET PLAYERS
The reports cover key developments in the electric vehicle market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from electric vehicle market are anticipated to lucrative growth opportunities in the future with the rising demand for electric vehicle in the global market. Below mentioned is the list of few companies engaged in the electric vehicle market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the electric vehicle market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, the key development in the past five years.
- BAIC Group
- BYD Company Motors
- Daimler AG
- Ford Motor Company
- General Motors
- Mitsubishi Motors
- Nissan Motor Corporation
- Tesla Motors
- Toyota Motor Corporation
- Volkswagen AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electric Vehicle Market - By Type
1.3.2 Electric Vehicle Market - By Vehicle Category
1.3.3 Electric Vehicle Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELECTRIC VEHICLE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ELECTRIC VEHICLE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ELECTRIC VEHICLE MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRIC VEHICLE - GLOBAL MARKET OVERVIEW
6.2. ELECTRIC VEHICLE - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. ELECTRIC VEHICLE MARKET - REVENUE AND FORECASTS TO 2027 – TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. BATTERY ELECTRIC VEHICLES
7.3.1. Overview
7.3.2. Battery Electric Vehicles Market Forecast and Analysis
7.4. PLUG-IN HYBRID ELECTRIC VEHICLES
7.4.1. Overview
7.4.2. Plug-in Hybrid Electric Vehicles Market Forecast and Analysis
7.5. HYBRID ELECTRIC VEHICLES
7.5.1. Overview
7.5.2. Hybrid Electric Vehicles Market Forecast and Analysis
8. ELECTRIC VEHICLE MARKET - REVENUE AND FORECASTS TO 2027 – VEHICLE CATEGORY
8.1. OVERVIEW
8.2. VEHICLE CATEGORY MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER CARS
8.3.1. Overview
8.3.2. Passenger Cars Market Forecast and Analysis
8.4. COMMERCIAL VEHICLES
8.4.1. Overview
8.4.2. Commercial Vehicles Market Forecast and Analysis
8.5. TWO WHEELERS
8.5.1. Overview
8.5.2. Two Wheelers Market Forecast and Analysis
9. ELECTRIC VEHICLE MARKET REVENUE AND FORECASTS TO 2027 – GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Electric Vehicle Market Overview
9.1.2 North America Electric Vehicle Market Forecasts and Analysis
9.1.3 North America Electric Vehicle Market Forecasts and Analysis - By Type
9.1.4 North America Electric Vehicle Market Forecasts and Analysis - By Vehicle Category
9.1.5 North America Electric Vehicle Market Forecasts and Analysis - By Countries
9.1.5.1 United States Electric Vehicle Market
9.1.5.1.1 United States Electric Vehicle Market by Type
9.1.5.1.2 United States Electric Vehicle Market by Vehicle Category
9.1.5.2 Canada Electric Vehicle Market
9.1.5.2.1 Canada Electric Vehicle Market by Type
9.1.5.2.2 Canada Electric Vehicle Market by Vehicle Category
9.1.5.3 Mexico Electric Vehicle Market
9.1.5.3.1 Mexico Electric Vehicle Market by Type
9.1.5.3.2 Mexico Electric Vehicle Market by Vehicle Category
9.2. EUROPE
9.2.1 Europe Electric Vehicle Market Overview
9.2.2 Europe Electric Vehicle Market Forecasts and Analysis
9.2.3 Europe Electric Vehicle Market Forecasts and Analysis - By Type
9.2.4 Europe Electric Vehicle Market Forecasts and Analysis - By Vehicle Category
9.2.5 Europe Electric Vehicle Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Electric Vehicle Market
9.2.5.1.1 Germany Electric Vehicle Market by Type
9.2.5.1.2 Germany Electric Vehicle Market by Vehicle Category
9.2.5.2 France Electric Vehicle Market
9.2.5.2.1 France Electric Vehicle Market by Type
9.2.5.2.2 France Electric Vehicle Market by Vehicle Category
9.2.5.3 Italy Electric Vehicle Market
9.2.5.3.1 Italy Electric Vehicle Market by Type
9.2.5.3.2 Italy Electric Vehicle Market by Vehicle Category
9.2.5.4 United Kingdom Electric Vehicle Market
9.2.5.4.1 United Kingdom Electric Vehicle Market by Type
9.2.5.4.2 United Kingdom Electric Vehicle Market by Vehicle Category
9.2.5.5 Russia Electric Vehicle Market
9.2.5.5.1 Russia Electric Vehicle Market by Type
9.2.5.5.2 Russia Electric Vehicle Market by Vehicle Category
9.2.5.6 Rest of Europe Electric Vehicle Market
9.2.5.6.1 Rest of Europe Electric Vehicle Market by Type
9.2.5.6.2 Rest of Europe Electric Vehicle Market by Vehicle Category
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Electric Vehicle Market Overview
9.3.2 Asia-Pacific Electric Vehicle Market Forecasts and Analysis
9.3.3 Asia-Pacific Electric Vehicle Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Electric Vehicle Market Forecasts and Analysis - By Vehicle Category
9.3.5 Asia-Pacific Electric Vehicle Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Electric Vehicle Market
9.3.5.1.1 Australia Electric Vehicle Market by Type
9.3.5.1.2 Australia Electric Vehicle Market by Vehicle Category
9.3.5.2 China Electric Vehicle Market
9.3.5.2.1 China Electric Vehicle Market by Type
9.3.5.2.2 China Electric Vehicle Market by Vehicle Category
9.3.5.3 India Electric Vehicle Market
9.3.5.3.1 India Electric Vehicle Market by Type
9.3.5.3.2 India Electric Vehicle Market by Vehicle Category
9.3.5.4 Japan Electric Vehicle Market
9.3.5.4.1 Japan Electric Vehicle Market by Type
9.3.5.4.2 Japan Electric Vehicle Market by Vehicle Category
9.3.5.5 South Korea Electric Vehicle Market
9.3.5.5.1 South Korea Electric Vehicle Market by Type
9.3.5.5.2 South Korea Electric Vehicle Market by Vehicle Category
9.3.5.6 Rest of Asia-Pacific Electric Vehicle Market
9.3.5.6.1 Rest of Asia-Pacific Electric Vehicle Market by Type
9.3.5.6.2 Rest of Asia-Pacific Electric Vehicle Market by Vehicle Category
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Electric Vehicle Market Overview
9.4.2 Middle East and Africa Electric Vehicle Market Forecasts and Analysis
9.4.3 Middle East and Africa Electric Vehicle Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Electric Vehicle Market Forecasts and Analysis - By Vehicle Category
9.4.5 Middle East and Africa Electric Vehicle Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Electric Vehicle Market
9.4.5.1.1 South Africa Electric Vehicle Market by Type
9.4.5.1.2 South Africa Electric Vehicle Market by Vehicle Category
9.4.5.2 Saudi Arabia Electric Vehicle Market
9.4.5.2.1 Saudi Arabia Electric Vehicle Market by Type
9.4.5.2.2 Saudi Arabia Electric Vehicle Market by Vehicle Category
9.4.5.3 U.A.E Electric Vehicle Market
9.4.5.3.1 U.A.E Electric Vehicle Market by Type
9.4.5.3.2 U.A.E Electric Vehicle Market by Vehicle Category
9.4.5.4 Rest of Middle East and Africa Electric Vehicle Market
9.4.5.4.1 Rest of Middle East and Africa Electric Vehicle Market by Type
9.4.5.4.2 Rest of Middle East and Africa Electric Vehicle Market by Vehicle Category
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Electric Vehicle Market Overview
9.5.2 South and Central America Electric Vehicle Market Forecasts and Analysis
9.5.3 South and Central America Electric Vehicle Market Forecasts and Analysis - By Type
9.5.4 South and Central America Electric Vehicle Market Forecasts and Analysis - By Vehicle Category
9.5.5 South and Central America Electric Vehicle Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Electric Vehicle Market
9.5.5.1.1 Brazil Electric Vehicle Market by Type
9.5.5.1.2 Brazil Electric Vehicle Market by Vehicle Category
9.5.5.2 Argentina Electric Vehicle Market
9.5.5.2.1 Argentina Electric Vehicle Market by Type
9.5.5.2.2 Argentina Electric Vehicle Market by Vehicle Category
9.5.5.3 Rest of South and Central America Electric Vehicle Market
9.5.5.3.1 Rest of South and Central America Electric Vehicle Market by Type
9.5.5.3.2 Rest of South and Central America Electric Vehicle Market by Vehicle Category
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL ELECTRIC VEHICLE MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Rest of the World
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ELECTRIC VEHICLE MARKET, KEY COMPANY PROFILES
12.1. BAIC GROUP
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BYD COMPANY MOTORS
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. DAIMLER AG
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. FORD MOTOR COMPANY
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. GENERAL MOTORS
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. MITSUBISHI MOTORS
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. NISSAN MOTOR CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. TESLA MOTORS.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. TOYOTA MOTOR CORPORATION
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. VOLKSWAGEN AG
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
- BAIC Group
- BYD Company Motors
- Daimler AG
- Ford Motor Company
- General Motors
- Mitsubishi Motors
- Nissan Motor Corporation
- Tesla Motors
- Toyota Motor Corporation
- Volkswagen AG