Electric Vehicle Market Scope And Analysis

  • Report Code : TIPRE00004013
  • Category : Automotive and Transportation
  • No. of Pages : 150
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Electric Vehicle Market Analysis and Trends by 2031

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Electric Vehicle Market Report Scope

Report Attribute Details
Market size in 2024 US$ 386.11 Billion
Market Size by 2031 US$ 618.75 Billion
Global CAGR (2025 - 2031) 14.5%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Component
  • Battery Pack & High Voltage Components
  • Motor
  • Brake
  • Wheel & Suspension
  • Body & Chassis
  • Low Voltage Electric
  • Others
By Vehicle Type
  • Passenger Cars and Commercial Vehicles
By Propulsion Type
  • Battery Electric Vehicle
  • Hybrid Electric Vehicle and Plug-In Hybrid Electric Vehicles
By Drive Type
  • All Wheel Drive
  • Front Wheel Drive
  • Rear Wheel Drive
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BMW Group
  • Volkswagen AG
  • Group Renault
  • Mercedes Benz Group AG
  • General Motor Company
  • SAIC Motors
  • BYD Company Ltd
  • Nissan Motor Corporation
  • Tesla
  • Toyota Motor Corporation