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Global Electric Vehicles Market (2021 to 2026)- Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com

July 2, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Jul 2, 2021--

The “Electric Vehicles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global electric vehicles market reached a volume of 2.45 Million Units in 2020. Looking forward, the publisher expects the global electric vehicles market to grow at a CAGR of around 47% during the forecast period (2021-2026).

An electrical vehicle (EV) is a self-propelling automobile that is used for transporting passengers and goods. It can be charged by self-charging devices, including turbochargers and regenerative braking systems that can convert the kinetic energy into electrical energy or can be powered by a large traction battery pack present at charging stations. Battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicles (HEVs) are the most common types of EVs available in the market. In comparison to the traditionally used automobiles, EVs do not emit tailpipe emissions, reduce the dependency on oil and are more economical to operate.

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The increasing demand for fuel-efficient automobiles across the globe is one of the key factors driving the growth of the market. Furthermore, growing concerns regarding the detrimental environmental effects due to greenhouse gases (GHGs) emissions, along with the implementation of favorable government policies encouraging sustainable development, are also providing a boost to the market growth. For instance, various benefits, including tax exemptions, subsidies, low buying costs and free charging facilities, are some of the government privileges offered to those utilizing EVs, thus encouraging their overall adoption rates. Additionally, manufacturers are focusing on the development of advanced technologies to produce zero- and low-emission vehicles with improved fuel efficiency and soundless operations. Also, enhancements in the EV charging infrastructure are leading to more investments in utilities, charging hardware manufacturers and other power sector stakeholders. Other factors, including rapid urbanization, increasing disposable incomes and extensive research and development (R&D) activities, are projected to drive the market further.

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The publisher’s latest report provides a deep insight into the global electric vehicles market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the electric vehicles industry in any manner.

Companies Mentioned

  • Bayerische Motoren Werke AG
  • BYD Auto
  • Chery
  • Daimler AG
  • Ford Motor Company
  • Geely
  • General Motors
  • Honda Motor Company
  • Hyundai Motor Company
  • Nissan
  • Renault
  • SAIC Motor
  • Tesla Inc. Toyota Motor Corporation
  • Volkswagen

Key Questions Answered in This Report:

  • How has the global electric vehicles market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global electric vehicles market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the charging type?
  • What is the breakup of the market based on the propulsion type?
  • What is the breakup of the market based on the vehicle type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global electric vehicles market and who are the key players?
  • What is the degree of competition in the market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Electric Vehicles Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Component

6.1 Battery Cells & Packs

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 On-Board Charger

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Fuel Stack

6.3.1 Market Trends

6.3.2 Market Forecast

7 Market Breakup by Charging Type

7.1 Slow Charging

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Fast Charging

7.2.1 Market Trends

7.2.2 Market Forecast

8 Market Breakup by Propulsion Type

9 Market Breakup by Vehicle Type

10 Market Breakup by Region

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/dtkhwo

View source version on businesswire.com:https://www.businesswire.com/news/home/20210702005281/en/

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KEYWORD:

INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 07/02/2021 10:27 AM/DISC: 07/02/2021 10:27 AM

http://www.businesswire.com/news/home/20210702005281/en