Home Industries Services Case Studies Blogs Custom Research Syndicate Services About Us Contact us
Home Industries Services Case Studies Blogs Custom Research Syndicate Services About Us Contact us

Electric Vehicle Market Size by Components (Battery Cells & Packs, On-Board Charger, Motor, Reducer, Fuel Stack, Power Control Unit, Battery Management System, Fuel Processor, Power Conditioner, Air Compressor, and Humidifier), Vehicle Type (Passenger Cars and Commercial Vehicles), Vehicle Class (Low-priced, Mid-priced, and Luxury), Top Speed (<125 MPH and >125 MPH), Vehicle Drive Type (Front Wheel Drive, Rear Wheel Drive, and All Wheel Drive), EV Charging Point Type (Normal Charging and Super Charging), Propulsion (BEV, PHEV, and FCEV), Regions, Segmentation, and Projection till 2029

CAGR: 16.9%Current Market Size: USD 185.1 billionFastest Growing Region: APAC

Largest Market: APACProjection Time: 2022-2029Base Year: 2021

Global electric vehicle marketMarket Overview

Global electric vehicle market is expected to grow from USD 185.1 billion in 2021 to USD 754.1 billion by 2029, at a CAGR of 16.9 % during the Projection period 2022-2029.This growth of the electric vehicle market is significantly driven by an upsurge in demand for low emission commuting coupled with government initiatives to support zero-emission vehicles.

Electric vehicles are either partially or fully powered on electric power. The fully electric-powered electric vehicle operates on an electric motor instead of an internal combustion (IC) engine. They have lower running costs owing to fewer moving parts for maintenance and are environment friendly as they use little or no fossil fuels such as diesel or petrol. The set of properties that these fibers consist of makes them suitable to be used in clothing, armor, and other such applications. The major types of electric vehicles include battery electric vehicles (BEVs), Hybrid Electric Vehicles (HEV), plug-in hybrid electric vehicles (PHEV), and fuel cell electric vehicles (FCEV).

In the past few years, the demand for an electric vehicle is growing at a rapid pace as it outperforms conventional vehicles by offering higher fuel economy, the convenience of charging at home, smoother drive, low carbon emission & maintenance, and reduced sound from the engine.

Greyviews Global Electric Vehicle Market CAGR

Request Sample:- Global Electric Vehicle Market

Market Dynamics

Drivers:

  • Reducing the cost of electric vehicles

Unaffordability of electric vehicles (EVs) as compared with the traditional internal combustion (IC) engine vehicles has been one of the major barriers to the transition towards EVs. However, the number of technological advancements along with the production of EV batteries on a mass scale has led to the reduced cost of EV batteries. For instance, according to BNEF’s 2020 Battery Price Survey, prices of electric batteries in 2020 were 13% lower than in 2019 due to the introduction of new battery pack designs and increasing order sizes. EV batteries are the most expensive component of electric vehicles.  Hence, a reduction in their prices has driven the growth of the market.

  • Benefits associated with the electric vehicles as compared with traditional vehicles

Electric vehicles are environmentally friendly as they do not emit pollutants. In addition, these vehicles are energy efficient and need lower maintenance owing to an efficient electric motor. An electric vehicle directly converts electric power into a movement which makes it significantly efficient as compared with conventional cars. Moreover, electric motors convert more than 85% of electrical energy into motion or mechanical energy as compared with less than 40% for gas combustion. Such benefits associated with electric vehicles as compared with traditional vehicles drive the growth of the market.

Restraints:

  • Inadequate electric vehicle charging infrastructure

Although a rising number of countries are investing in electric vehicle charging infrastructure, there is still a very less number of electric vehicle charging stations around the globe. For instance, the U.S. government will need over 100,000 electric vehicle charging stations to support widespread electric vehicle usage. The country has planned to end purchases of gas-powered vehicles by 2035; hence, there is a huge demand for enhancing the electric vehicle charging infrastructure.  Therefore, inadequate electric vehicle charging infrastructure has hampered the growth of the market.

Opportunities:

  • Government initiatives associated with the electric vehicles

A number of governments across the globe are actively introducing new initiatives to accelerate the introduction and adoption of electric vehicles. For instance, the governments are pushing the deployment of EV charging stations by offering capital subsidies along with the faster adoption and manufacturing of electric vehicles. For instance, in December 2021, the U.S. Department of Energy (DOE) and the Department of Telecommunications (DOT) signed a memorandum of understanding (MoU) to create a Joint Office of Energy and Transportation to support the deployment of national electric vehicle charging network with an investment of $7.5 billion. Such initiatives are opportunistic for the growth of the market.

Challenges

  • High initial investments to install EV charging infrastructure

A number of countries are planning to increase the number of EV fast-charging stations; however, the need for high initial investment has become a major challenge to the market. For instance, according to McKinsey’s survey in the U.S., it is estimated that the country will need a cumulative 13 million chargers as well as about $11 billion of investment by 2030.

Segmentation Analysis

The global electric vehicle market has been segmented based on components, vehicle type, vehicle class, top speed, vehicle drive type, EV charging point type, propulsion, and regions.

By Components

The components segment includes battery cells & packs, on-board charge, motor, reducer, fuel stack, power control unit, battery management system, fuel processor, power conditioner, air compressor, and humidifier. The battery cells & packs segment led the electric vehicle market with a market share of around 23.4% in 2021. This is attributed to the fact that energy storage systems or batteries are the most essential component in the electric vehicle.  In addition, the battery cell companies are adopting innovative plans for increasing production capacity. For instance, established battery cell companies, as well as emerging start-ups, have planned to build a production capacity of about 960 GWh in Europe by 2030.

By Vehicle Type

The Vehicle Type segment includes passenger cars and commercial vehicles. The passenger cars segment led the electric vehicle market with a market share of around 58.6% in 2021. This is attributed to the fact that passenger cars are the most common mode of transportation in advanced countries. In addition, such electric vehicles are seeing huge demand from developing countries due to growing per capita income.

By Vehicle Class

The vehicle class segment includes low-priced, mid-priced, and luxury. The low-priced segment led the electric vehicle market with a market share of around 38.6% in 2021. The growth of this segment is mainly driven by demand for low-priced vehicles from developing countries.

Global Electric Vehicle Market By Vehicle Class

By Propulsion

The propulsion segment includes BEV, PHEV, and FCEV. The BEV segment led the electric vehicle market with a market share of around 33.1% in 2021. Battery-powered electric vehicles (BEVs) have internal combustion engines instead of gasoline and they run solely on battery power. Such vehicles can run much farther on a single charge than hybrid vehicles.

Global Electric vehicle Market- By Regional Analysis

The regions analyzed for the electric vehicle market include North America, Europe, South America, Asia Pacific, and the Middle East, and Africa. Asia Pacific region dominated the electric vehicle market and held the 36.3% share of the market revenue in 2021.

  • North America region witnessed a major share. The growth of this region is mainly driven by the easy availability of convenient financing options along with the significant emphasis by the governments to ensure in-house automotive production. For instance, in February 2022, the U.S. government has planned to allocate $5 billion to states to fund electric vehicle chargers over the upcoming five years. In addition, aggressive investments in infrastructure development in this region have driven the growth of the North American electric vehicle market.
  • Asia-Pacific held the major share in the market during the Projection period. The growth of this region is driven by the availability of labor, cheap raw materials, and the presence of major battery manufacturers. In addition, rising investments by global battery manufacturers to expand their battery plant facilities in Asia-Pacific are anticipated to create lucrative growth opportunities for the market.

Country Analysis

  • Germany

Germany is one of the leading nations in the mechanical engineering, manufacturing, automotive, and electrical industries. According to the Capgemini “COVID -19 and the automotive consumer” study in 2020, interest in car ownership amongst under 35-year-olds is on the rise in the country.   This trend of car ownership is creating demand for electric vehicles. Germany's electric vehicle market size was valued at USD 13.6 billion in 2021, at a CAGR of 18.5% from 2022 to 2029.

Further, in Germany, the government has announced plans to double the number of purchase incentives already in place for battery electric vehicles (BEVs) as part of its EUR 130 billion stimulus package intended to shore up the country’s post-coronavirus economy. Hence, the promotion of the electric vehicles industry in this country is anticipated to create lucrative growth opportunities for the market.

  • China

China's electric vehicle market size was valued at USD 21.0 billion in 2021 and is expected to reach USD 66.4 billion by 2029, at a CAGR of 18.5% from 2022 to 2029. China is the world’s largest light-vehicle manufacturer. This country is a leading automotive producer, consumer, and exporter. In addition, the country has seen a growing demand for luxury electric cars in recent years as it is a vastly populous nation and attracts significant investments from worldwide carmakers. Furthermore, in January 2022, the Ministry of Commerce and the National Development and Reform Commission, the country’s top economic planning agency announced the support for full foreign ownership of passenger car manufacturing in the country. Such initiatives are anticipated to create lucrative growth opportunities for China's electric vehicle market.

  • India

India's electric vehicle market size was valued at USD 1.5 billion in 2021 and is expected to reach USD 11.6 billion by 2029, at a CAGR of 25.7% from 2022 to 2029. India is one of the strongest growing economies in Asia. In addition, the emerging popularity of electric vehicles in this country is expected to create lucrative growth opportunities for the automotive ambient lighting market.  For instance, According to NITI Aayog and Rocky Mountain Institute (RMI), the EV finance industry in India is expected to reach about $50 in 2030. Furthermore, a report by India Energy Storage Alliance estimated that the EV industry in India is likely to increase at a CAGR of 36% by 2026.

Key Industry Players Analysis

To increase their market position in the global electric vehicle business, top companies are focusing on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, and partnerships, joint ventures, etc.

  • Tesla
  • Volkswagen AG
  • SAIC Motors
  • BYD
  • Stellantis
  • Daimler AG
  • Chevrolet Motor Company
  • Nissan Motors Co., Ltd.
  • Ford Motor Company
  • General Motors
  • Hero Electric
  • Hyundai Motor Company

Latest Development

  • In April 2020, BYD Company Ltd. (BYD) signed an agreement with Toyota Motor Corporation (Toyota) for the establishment of a joint venture company to conduct research and development (R&D) of battery electric vehicles (BEVs).
  • In March 2022, Sony signed a memorandum of understanding (MOU) with Honda to build electric vehicles (EVs) together.

Report Scope

Report Attribute 

Details

Base year considered

2021

CAGR (%)

16.9%

Market Size

185.1 billion in 2021

Forecast period

2022-2029

Forecast unit

Value (USD)

Segments covered

Components, Vehicle Type, Vehicle Class, Top Speed, Vehicle Drive Type, EV Charging Point Type, and Propulsion, and Regions

Report Scope

Revenue forecast, competitive landscape, company ranking, growth factors, and trends

Companies covered

Tesla, Volkswagen AG, SAIC Motors BYD, Stellantis, Daimler AG, Chevrolet Motor Company, Nissan Motors Co., Ltd., Hyundai Motor Company, and Ford Motor Company among others

By Components

  • Battery Cells & Packs
  • On-Board Charge
  • Motor
  • Reducer
  • Fuel Stack
  • Power Control Unit
  • Battery Management System
  • Fuel Processor
  • Power Conditioner
  • Air Compressor
  • Humidifier

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles  

By Vehicle Class

  • Low-priced
  • Mid-priced
  • Luxury

By Component

  • Airbag Inflator
  • Airbag Control Unit
  • Airbag

By Top Speed

  • <125 MPH
  • >125 MPH

By Vehicle Drive Type

  • Front Wheel Drive
  • Rear Wheel Drive
  • All Wheel Drive

By EV Charging Point Type

  • Normal Charging
  • Super Charging

By Propulsion

  • BEV
  • PHEV
  • FCEV

Regional scope

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

Scope of the Report

Global Electric Vehicle Market by Component:

  • Battery Cells & Packs
  • On-Board Charge
  • Motor
  • Reducer
  • Fuel Stack
  • Power Control Unit
  • Battery Management System
  • Fuel Processor
  • Power Conditioner
  • Air Compressor
  • Humidifier

Global Electric vehicle Market by Vehicle Type:

  • Passenger Cars
  • Commercial Vehicles

Global Electric vehicle Market by Vehicle Class:

  • Low-priced
  • Mid-priced
  • Luxury

Global Electric vehicle Market by Top Speed:

  • <125 MPH
  • >125 MPH

Global Electric vehicle Market by Vehicle Drive Type:

  • Front Wheel Drive
  • Rear Wheel Drive
  • All Wheel Drive

Global Electric vehicle Market by EV Charging Point Type:

  • Normal Charging
  • Super Charging

Global Electric vehicle Market by Propulsion:

  • BEV
  • PHEV
  • FCEV

Global Electric vehicle Market by Region:

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Russia
  • Asia-Pacific
    • Japan
    • China
    • India
    • Korea
    • Southeast Asia
  • South America
    • Brazil
    • Peru
  • Middle East and Africa
    • UAE
    • South Africa
    • Saudi Arabia

Frequently Asked Questions

What is the Current market size of the electric vehicle market?

Global electric vehicle market size is USD 185.1 billion in 2021

What will be the Market Size of Global Electric Vehicle Market in 2029

Global electric vehicle market Size will be USD 754.1 billion by 2029

Who are the leading market players active in the electric vehicle market?

Leading market players active in the global electric vehicle market are Tesla, Volkswagen AG, SAIC Motors, BYD, Stellantis, Daimler AG, Chevrolet Motor Company, Nissan Motors Co., Ltd., Ford Motor Company, General Motors, Hero Electric among others.

Which is the fastest growing region in Global Electric Vehicle market?

The Fastest Growing region is APAC, Asia Pacific region dominated the electric vehicle market and held the 36.3% share of the market revenue in 2021

What is the key driver of the electric vehicle market?

Reducing the cost of electric vehicles, the benefits associated with electric vehicles as compared with traditional vehicles, and Government initiatives associated with electric vehicles, is primarily driving the growth of the electric vehicle market.

What is the segmentation considered for the analysis of the global electric vehicle market?

Global electric vehicle market has been segmented based on components, vehicle type, vehicle class, top speed, vehicle drive type, EV charging point type, propulsion, and regions.

What are the ongoing trends that are projected to influence the market in the upcoming years?

Manufacturers in the electric vehicle market are using advanced production technologies to incorporate better results, and performance of the whole process. In addition, the rising number of investments will contribute to the demand for electric vehicles.

Political Factors- Political factors are one of the significant factors that largely affect the operations of the organization in the Electric Vehicle market. The manufacturers should be well-versed with the regional laws and legislation, rules and regulations, import and export policies, etc. The concerned regional agencies provide guidelines to the manufacturing companies regarding the procurement of materials for Electric vehicles and specifications regarding the use of it in different vehicles. This would attract the industries to start investing in the region, and this would help the organization in expanding its market share. For instance, in December 2021, the U.S. Department of Energy (DOE) and the Department of Telecommunications (DOT) signed a memorandum of understanding (MoU) to create a Joint Office of Energy and Transportation to support the deployment of national electric vehicle charging network with an investment of $7.5 billion. Such initiatives are opportunistic for the growth of the market.

Economic Factors- The economic factor includes the recession, inflation, growth in GDP, growth in population, etc. rise in raw material prices increases the cost of the final product, and to maintain profitability, the organization has to increase its prices. The higher GDP growth rate signals the growing demand for the product in the regional industries. This means the disposable income of the people is higher and thus they would prefer advanced equipment. The organization can leverage this trend by expanding its product range and targeting new customers. For instance, according to BNEF’s 2020 Battery Price Survey, prices of electric batteries in 2020 were 13% lower than in 2019 due to the introduction of new battery pack designs and increasing order sizes. EV batteries are the most expensive component of electric vehicles.  Hence, a reduction in their prices has driven the growth of the market.

Social Factor- The awareness regarding sustainability is a vital attribute for evaluating the demand for Electric Vehicles in the region. The manufacturers should focus on considering each and every social factor while framing any business strategies in the region. The manufacturers and suppliers should focus on the set of values, religions, cultures, attitudes, etc. present in the region; that governs the performance of the market in the region. Thus, the company has to maintain a balance to avoid any kind of discrimination in the organization. Thus, these factors should be identified well by the companies, and all other socially responsible factors should be taken into consideration before setting up or expanding the business in any regional market.

Global Electric Vehicle Market PESTEL Analysis

Technological Factors- The technological factors for the Electric Vehicle charger market carry significant weightage. The organization should build a strategy that can integrate societal values, infrastructure, and the company’s business model. The organization must analyze the technological advancement in the region to understand the requirement of the industries. A more technical advanced region will have a higher demand for lightweight and efficient products. Understanding the infrastructure of the region would help the organization to expand its market share. The organization should analyze areas where technology can empower supply chain partners.

Environmental Factors- There are various regions that have a higher proportion of environmentally aware industries that are taking responsibility for their production process and its side effects on the environment. Moreover, the market has moved towards sustainable development, i.e., the focus on the development of innovative technologies, which helps to increase the productivity and efficiency of the organization by not impacting the environment even for the production process and also providing guidelines to the customers for doing the same.

Legal Factors- The various laws and legislation of the region should be followed by manufacturers. The license for manufacturing electric vehicles requires the passing of stringent regulations by regional agencies. Thus, companies should extensively focus on the legal factors of the country. Moreover, the laws related to import and export, employment laws, and labor laws should be taken care of. A lawful and legal organization can effectively survive in the long run. For instance, in February 2022, the U.S. government has planned to allocate $5 billion to states to fund electric vehicle chargers over the upcoming five years. In addition, aggressive investments in infrastructure development in this region have driven the growth of the North American electric vehicle market.

  1. Introduction
    • Objectives of the Study
    • Market Definition
    • Research Scope
  2. Research Methodology and Assumptions
  3. Executive Summary
  4. Premium Insights
    • Porter’s Five Forces Analysis
    • Value Chain Analysis
    • Top Investment Pockets
      • Market Attractiveness Analysis By Components
      • Market Attractiveness Analysis By Vehicle Type
      • Market Attractiveness Analysis By Vehicle Class
      • Market Attractiveness Analysis By Top Speed
      • Market Attractiveness Analysis By Vehicle Drive Type
      • Market Attractiveness Analysis By EV Charging Point Type
      • Market Attractiveness Analysis By Propulsion
    • Industry Trends
  5. Market Dynamics
    • Market Evaluation
    • Drivers
      • Reducing cost of electric vehicles
      • Benefits associated with the electric vehicles as compared with traditional vehicles
    • Restrains
      • Inadequate electric vehicle charging infrastructure
    • Opportunities
      • Government initiatives associated with the electric vehicles
    • Challenges
      • High initial investments to install EV charging infrastructure
  1. Global Electric Vehicle Market Analysis and Forecast, By Components
    • Segment Overview
    • Battery Cells & Packs
    • On-Board Charge
    • Motor
    • Reducer
    • Fuel Stack
    • Power Control Unit
    • Battery Management System
    • Fuel Processor
    • Power Conditioner
    • Air Compressor
    • Humidifier
  2. Global Electric Vehicle Market Analysis and Forecast, By Vehicle Type
    • Segment Overview
    • Passenger Cars
    • Commercial Vehicles
  3. Global Electric Vehicle Market Analysis and Forecast, By Vehicle Class
    • Segment Overview
    • Low-priced
    • Mid-priced
    • Luxury
  4. Global Electric Vehicle Market Analysis and Forecast, By Top Speed
    • Segment Overview
    • <125 MPH
    • >125 MPH
  5. Global Electric Vehicle Market Analysis and Forecast, By Vehicle Drive Type
    • Segment Overview
    • Front Wheel Drive
    • Rear Wheel Drive
    • All Wheel Drive
  6. Global Electric Vehicle Market Analysis and Forecast, By EV Charging Point Type
    • Segment Overview
    • Normal Charging
    • Super Charging
  7. Global Electric Vehicle Market Analysis and Forecast, By Propulsion
    • Segment Overview
    • BEV
    • PHEV
    • FCEV
  8. Global Electric Vehicle Market Analysis and Forecast, By Regional Analysis
    • Segment Overview
    • North America
      • USA
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • UK
      • Italy
      • Spain
    • Asia-Pacific
      • Japan
      • China
      • India
    • South America
      • Brazil
    • Middle East and Africa
      • UAE
      • South Africa
  1. Global Electric Vehicle Market-Competitive Landscape
    • Overview
    • Market Share of Key Players in the Electric Vehicle Market
      • Global Company Market Share
      • North America Company Market Share
      • Europe Company Market Share
      • APAC Company Market Share
    • Competitive Situations and Trends
      • Components Launches and Developments
      • Partnerships, Collaborations, and Agreements
      • Mergers & Acquisitions
      • Expansions
  1. Company Profiles
    • Tesla
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Components Portfolio
      • Recent Developments
      • SWOT Analysis
    • Volkswagen AG
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Components Portfolio
      • Recent Developments
      • SWOT Analysis
    • SAIC Motors
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Components Portfolio
      • Recent Developments
      • SWOT Analysis
    • BYD
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Components Portfolio
      • Recent Developments
      • SWOT Analysis
    • Stellantis
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Components Portfolio
      • Recent Developments
      • SWOT Analysis
    • Daimler AG
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Components Portfolio
      • Recent Developments
      • SWOT Analysis
    • Chevrolet Motor Company
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Components Portfolio
      • Recent Developments
      • SWOT Analysis
    • Nissan Motors Co., Ltd
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Components Portfolio
      • Recent Developments
      • SWOT Analysis
    • Ford Motor Company
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Components Portfolio
      • Recent Developments
      • SWOT Analysis
    • Hyundai Motor Company
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Components Portfolio
      • Recent Developments
      • SWOT Analysis

List of Table

  1. Global Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  2. Global Battery Cells & Packs Market, By Region, 2021–2029(USD Billion)
  3. Global On-Board Charge Market, By Region, 2021–2029(USD Billion)
  4. Global Reducer Market, By Region, 2021–2029(USD Billion)
  5. Global Fuel Stack Market, By Region, 2021–2029(USD Billion)
  6. Global Power Control Unit Market, By Region, 2021–2029(USD Billion)
  7. Global Battery Management System Market, By Region, 2021–2029(USD Billion)
  8. Global Fuel Processor Market, By Region, 2021–2029(USD Billion)
  9. Global Power Conditioner Market, By Region, 2021–2029(USD Billion)
  10. Global Air Compressor Market, By Region, 2021–2029(USD Billion)
  11. Global Humidifier Market, By Region, 2021–2029(USD Billion)
  12. Global Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  13. Global Passenger Cars Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  14. Global Commercial Vehicles Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  15. Global Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  16. Global Low-priced Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  17. Global Mid-priced Vehicle Class Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  18. Global Luxury Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  19. Global Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  20. Global <125 MPH Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  21. Global >125 MPH Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  22. Global Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  23. Global Front Wheel Drive Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  24. Global Rear Wheel Drive Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  25. Global All Wheel Drive Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  26. Global Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  27. Global Normal Charging Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  28. Global Super Charging Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  29. Global Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  30. Global BEV Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  31. Global PHEV Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  32. Global FCEV Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  33. Global Electric Vehicle Market, By Region, 2021–2029(USD Billion)
  34. Global Electric Vehicle Market, By North America, 2021–2029(USD Billion)
  35. North America Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  36. North America Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  37. North America Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  38. North America Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  39. North America Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  40. North America Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  41. North America Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  42. USA Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  43. USA Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  44. USA Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  45. USA Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  46. USA Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  47. USA Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  48. USA Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  49. Canada Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  50. Canada Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  51. Canada Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  52. Canada Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  53. Canada Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  54. Canada Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  55. Canada Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  56. Mexico Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  57. Mexico Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  58. Mexico Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  59. Mexico Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  60. Mexico Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  61. Mexico Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  62. Mexico Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  63. Europe Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  64. Europe Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  65. Europe Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  66. Europe Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  67. Europe Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  68. Europe Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  69. Europe Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  70. Germany Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  71. Germany Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  72. Germany Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  73. Germany Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  74. Germany Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  75. Germany Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  76. Germany Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  77. France Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  78. France Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  79. France Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  80. France Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  81. France Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  82. France Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  83. France Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  84. UK Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  85. UK Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  86. UK Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  87. UK Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  88. UK Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  89. UK Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  90. UK Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  91. Italy Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  92. Italy Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  93. Italy Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  94. Italy Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  95. Italy Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  96. Italy Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  97. Italy Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  98. Spain Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  99. Spain Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  100. Spain Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  101. Spain Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  102. Spain Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  103. Spain Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  104. Spain Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  105. Asia Pacific Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  106. Asia Pacific Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  107. Asia Pacific Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  108. Asia Pacific Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  109. Asia Pacific Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  110. Asia Pacific Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  111. Asia Pacific Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  112. Japan Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  113. Japan Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  114. Japan Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  115. Japan Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  116. Japan Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  117. Japan Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  118. Japan Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  119. China Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  120. China Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  121. China Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  122. China Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  123. China Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  124. China Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  125. China Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  126. India Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  127. India Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  128. India Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  129. India Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  130. India Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  131. India Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  132. India Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  133. South America Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  134. South America Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  135. South America Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  136. South America Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  137. South America Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  138. South America Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  139. South America Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  140. Brazil Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  141. Brazil Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  142. Brazil Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  143. Brazil Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  144. Brazil Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  145. Brazil Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  146. Brazil Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  147. Middle East and Africa Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  148. Middle East and Africa Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  149. Middle East and Africa Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  150. Middle East and Africa Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  151. Middle East and Africa Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  152. Middle East and Africa Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  153. Middle East and Africa Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  154. UAE Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  155. UAE Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  156. UAE Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  157. UAE Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  158. UAE Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  159. UAE Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  160. UAE Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)
  161. South Africa Electric Vehicle Market, By Components, 2021–2029(USD Billion)
  162. South Africa Electric Vehicle Market, By Vehicle Type, 2021–2029(USD Billion)
  163. South Africa Electric Vehicle Market, By Vehicle Class, 2021–2029(USD Billion)
  164. South Africa Electric Vehicle Market, By Top Speed, 2021–2029(USD Billion)
  165. South Africa Electric Vehicle Market, By Vehicle Drive Type, 2021–2029(USD Billion)
  166. South Africa Electric Vehicle Market, By EV Charging Point Type, 2021–2029(USD Billion)
  167. South Africa Electric Vehicle Market, By Propulsion, 2021–2029(USD Billion)

List of Figures 

  1. Global Electric Vehicle Market Segmentation
  2. Electric Vehicle Market: Research Methodology
  3. Market Size Estimation Methodology: Bottom-Up Approach
  4. Market Size Estimation Methodology: Top-Down Approach
  5. Data Triangulation
  6. Porter’s Five Forces Analysis
  7. Value Chain Analysis
  8. Global Electric Vehicle Market Attractiveness Analysis By Components
  9. Global Electric Vehicle Market Attractiveness Analysis By Vehicle Type
  10. Global Electric Vehicle Market Attractiveness Analysis By Vehicle Class
  11. Global Electric Vehicle Market Attractiveness Analysis By Top Speed
  12. Global Electric Vehicle Market Attractiveness Analysis By Vehicle Drive Type
  13. Global Electric Vehicle Market Attractiveness Analysis By EV Charging Point Type
  14. Global Electric Vehicle Market Attractiveness Analysis By Propulsion
  15. Global Electric Vehicle Market Attractiveness Analysis By Region
  16. Global Electric Vehicle Market: Dynamics
  17. Global Electric Vehicle Market Share By Components(2021 & 2029)
  18. Global Electric Vehicle Market Share By Vehicle Type(2021 & 2029)
  19. Global Electric Vehicle Market Share By Vehicle Class(2021 & 2029)
  20. Global Electric Vehicle Market Share By Top Speed(2021 & 2029)
  21. Global Electric Vehicle Market Share By Vehicle Drive Type (2021 & 2029)
  22. Global Electric Vehicle Market Share By EV Charging Point Type (2021 & 2029)
  23. Global Electric Vehicle Market Share By Propulsion (2021 & 2029)
  24. Global Electric Vehicle Market Share by Regions (2021 & 2029)
  25. Global Electric Vehicle Market Share by Company (2020)

Request For Methodology

To receive a sample copy of this report, please complete the form below

Kindly share your specific requirement (if any)
Greyviews Electric Vehicle Market Infographic

Request For List Of Tables

To receive a sample copy of this report, please complete the form below

Kindly share your specific requirement (if any)