Electric Vehicles Market Status and Development Trends 2027

 

Market Size – USD 160.34 billion in 2019, Market Growth - CAGR of 22.2%, Market Trends –Growing environmental awareness

The global Electric Vehicles Market is expected to reach USD 793.24 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed due to the growing environmental awareness among consumers and increasing government initiatives regarding the adoption of Electric Vehicles to reduce the emission levels in the environment. Increasing research and development for the technological advancement of the products is augmenting the demand for the industry.

The pandemic has severely affected the automotive & transportation industry and disrupted the supply chain, raw material supplies, and demand for the product in the automotive industry.  As people are facing a financial crisis, there are changes in consumer buying behavior, which can adversely affect the industry. The liquidity shortfall and the cash crisis have already affected the sales of the product. Additionally, many companies are withdrawing their investments, and the government of several countries is cutting down the incentives provided by them earlier, which are hampering the growth of the market.

To get holistic FREE SAMPLE of the report, please click: https://www.emergenresearch.com/request-sample-form/79

The leading manufactures in the market include Volkswagen Group, Tesla Motors, BYD Company Ltd., Ford Motor Company, Nissan Motor Company, Toyota Motor Corporation, Daimler AG, BMW, Mitsubishi Motors Corporation, and Hyundai, among others.

Product Outlook (Revenue, USD Billion; 2017-2027)

  1. Plug-in hybrid electric vehicle (PHEV)
  2. Battery electric vehicle (BEV)
  3. Hybrid electric vehicle (HEV)
  4. Fuel cell electric vehicle (FCEV)

Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)

  1. Commercial Vehicle
  2. Two wheeler
  3. Passenger Car

Vehicle Class Outlook (Revenue, USD Billion; 2017-2027)

  1. Luxury
  2. Mid-Priced

Browse complete report description and visit our website @ https://www.emergenresearch.com/industry-report/electric-vehicles-market

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Electric Vehicles Market Segmentation & Impact Analysis

    4.1. Electric Vehicles Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Growing Environmental Awareness

                    4.2.2.2. Increasing R&D for the development of new technologies

                    4.2.2.3. Rising investments in Electric Vehicles by manufacturers

                    4.2.2.4. Increasing Government schemes and initiatives

          4.2.3. Market restraints analysis

                    4.2.3.1. Growing Budget constraints

                    4.2.3.2. Lack of charging infrastructure

                    4.2.3.3. High cost of the Electric Vehicles

                    4.2.3.4. Present challenging economic conditions due to the pandemic

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Electric Vehicles Market By Product Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)

    5.1. Product Dynamics & Market Share, 2019 & 2027

          5.1.1. Plug-in hybrid electric vehicle (PHEV)

          5.1.2. Battery electric vehicle (BEV)

          5.1.3. Hybrid electric vehicle (HEV)

          5.1.4. Fuel cell electric vehicle (FCEV)

Chapter 6. Electric Vehicles Market By Vehicle Type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)

    6.1. Vehicle Type Dynamics & Market Share, 2019 & 2027

          6.1.1. Commercial Vehicle

          6.1.2. Two wheeler

          6.1.3. Passenger Car

Continue…

Thank you for reading our report. For further information or queries about the report or customization options, please get in touch with us. We will ensure your report is tailored according to your requirements.

Comments

Post a Comment

Popular posts from this blog

Artificial Intelligence Market Competitive Analysis, Segmentation and Opportunity Assessment; (2020 - 2027)

Image
  Market Size – USD 29.50 billion in 2019, Market Growth - CAGR of 36.2%, Market trends –Growing investment in research and development. The global Artificial Intelligence Market is expected to reach USD 348.99 Billion by 2027, according to a new report by Emergen Research. The increasing need for understanding consumer needs and market trends is one of the major factors driving the market growth. Moreover, the extensive adoption of smartphones, along with the popularity of social media, will also boost the growth of the market in the coming years. To get holistic SAMPLE of the report, please click: https://www.emergenresearch.com/request-sample-form/86 Key Highlights From The Report Machine learning comes with a wide range of applications across several industries, such as the banking and financial sector, healthcare, retail, publishing, and social media, among others. It is used to analyze the relevance of advertisements and contents based on users’ preferences. It held a mar
Read more

Women’s Health Market Size, Women’s Health Market Demand, Growth, Opportunities, Top Key Players 2020-2027:

Image
The global women’s health market is expected to reach USD 24.48 Billion by 2027, according to a new report by Emergen Research. The latest report on the Women’s Health market offers detailed information about the industry based on the total revenue generated for the forecast period, 2020 - 2027. The comprehensive study performs an in-depth analysis of the Women’s Health industry and lays immense emphasis on the major driving forces and restraints expected to govern the overall business for the forecast period, 2020 - 2027. Most importantly, researchers assessing the business environment take a closer look at the past and present trends as well as the future prospect to offer business owners, stakeholders and field marketing executives an intellectual understanding of the winning strategies. To offer more clarity on the current business environment researchers probe into the import and export status, supply chain management, demand and supply, consumption capability and manufacturing
Read more

Crop Monitoring Market Share, Size, Value, Trends, Demand, Dynamics, Business Growth, Revenue and Forecasts (2020 - 2027)

Crop Monitoring Market  A recent market intelligence report on Crop Monitoring market takes a closer look at the major driving forces, restraints and opportunities anticipated to shape the future of the Crop Monitoring market for the forecast period, 2020 - 2027. Besides, this different adverse conditions and restraining factors expected to hinder the growth of the industry worldwide is also scrutinized. Trends from both past and present fast gaining momentum and stimulating market growth and development form an important part of the study. The global crop monitoring market would be worth USD 5.99 Billion by 2027, according to a current analysis by Emergen Research.        You Can Download Free Sample PDF Copy of Crop Monitoring Market at https://www.emergenresearch.com/request-sample/410 Key Highlights of Report In April 2019, YARA International, a global leader in crop nutrition, and IBM announced to have concluded an agreement to build a leading farming digital platform of the
Read more