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Electric Vehicle Market 17.8 CAGR Growth Outlook 2024-2030

Electric Vehicle Market by Vehicle Type (Passenger Car, Commercial Vehicle), by Propulsion Type (Battery Electric Vehicle (BEV), by Drive Type (All Wheel Drive, Front Wheel Drive, Rear Wheel Drive), by Range (Up to 150 Miles, 151-300 Miles, Above 300 Miles), by Component (Battery Pack & High Voltage Component, Motor, Brake, Wheel & Suspension, Body & Chassis, Low Voltage Electric Component), by North America (U.S., Canada, Mexico) Forecast 2024-2032

Oct 3 2024
Base Year: 2023
180 Pages
Market Research Future Logo

Electric Vehicle Market 17.8 CAGR Growth Outlook 2024-2030

Key Insights

The Electric Vehicle Market size was valued at USD 384.65 USD Billion in 2023 and is projected to reach USD 1210.83 USD Billion by 2032, exhibiting a CAGR of 17.8 % during the forecast period. An EV is defined as a vehicle that can be powered by an electric motor that draws electricity from a battery and is capable of being charged from an external source. There are three main types of EVs. Hybrid EVs (HEVs) and plug-in hybrid EVs are both powered by gasoline and electricity. EVs are an environmentally friendly alternative to petrol or diesel cars as they generate much less air pollution, releasing no exhaust air pollutants. From wheel to wheel, EVS emit approximately 66% less carbon dioxide (CO2) compared with ICE-powered vehicles. The emissions associated with the electric drivetrain of EVs come from power plants generating electricity to charge the batteries; emissions can therefore be further reduced if renewable energy is used to recharge an EV. Noise pollution is also cut out due to the fact that an EV is nearly silent. Advancements in charging infrastructure and vehicle range have also alleviated range anxiety, making EVs a viable option for more consumers. These factors may be driving the Electric Vehicle Market.

Electric Vehicle Trends

  • Increasing Battery Capacities: Advancements in battery technology have led to longer driving ranges and reduced charging times, making electric vehicles more appealing to consumers.
  • Expansion of Charging Infrastructure: The growing number of public charging stations is easing range anxiety and facilitating the adoption of electric vehicles.
  • Growing Popularity in Emerging Markets: Electric vehicles are gaining traction in developing countries, where affordability, reduced operating costs, and incentives are boosting demand.

Driving Forces: What's Propelling the Electric Vehicle Market

  • Government Regulations and Incentives: Governments worldwide are implementing stringent emission standards and offering incentives to promote electric vehicle adoption.
  • Environmental Concerns: Rising pollution levels and the push for sustainability are driving the demand for zero-emission vehicles.
  • Advancements in Technology: Improvements in battery performance, powertrain efficiency, and charging speed are making electric vehicles more competitive with conventional vehicles.

Challenges and Restraints in Electric Vehicle Market

  • High Battery Costs: The cost of batteries remains a significant barrier to the widespread adoption of electric vehicles.
  • Limited Charging Infrastructure: The availability of charging stations is not always reliable, particularly in remote areas.
  • Driving Range Concerns: Despite advancements in battery technology, range anxiety remains a concern for consumers contemplating long-distance travel.

Emerging Trends in Electric Vehicle

  • Autonomous Driving: The integration of autonomous driving capabilities into electric vehicles is expected to enhance safety and convenience.
  • Wireless Charging: Innovations in wireless charging technology offer the potential for seamless charging of electric vehicles.
  • Subscription Models: Subscription-based services are becoming popular, allowing consumers to access electric vehicles without the upfront investment.

Growth Catalysts in Electric Vehicle Industry

  • Government Investment: Governments are investing heavily in research and development to advance electric vehicle technology and infrastructure.
  • Strategic Partnerships: Collaboration between automakers, battery manufacturers, and technology providers is driving innovation and cost reduction.
  • Consumer Awareness: Increasing awareness of the environmental and economic benefits of electric vehicles is fueling demand.

Market Segmentation: Electric Vehicle Analysis

Vehicle Type:

  • Passenger Car
  • Commercial Vehicle

Propulsion Type:

  • Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)

Drive Type:

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

Range:

  • Up to 150 Miles
  • 151-300 Miles
  • Above 300 Miles

Component:

  • Battery Pack & High Voltage Component
  • Motor
  • Brake
  • Wheel & Suspension
  • Body & Chassis
  • Low Voltage Electric Component

Leading Players in the Electric Vehicle Market

  • BMW Group (Germany)
  • BYD Company Ltd. (China)
  • Daimler AG (Germany)
  • Ford Motor Company (U.S.)
  • General Motor Company (U.S.)
  • Nissan Motor Corporation (Japan)
  • Tesla (U.S.)
  • Toyota Motor Corporation (Japan)
  • Volkswagen AG (Germany)
  • Group Renault (France)

Significant Developments in Electric Vehicle Sector

  • Volkswagen's EV Expansion: Volkswagen plans to invest USD 111 billion in electric vehicle development by 2025.
  • Tesla's Cybertruck Launch: Tesla unveiled its much-anticipated Cybertruck in 2019, with a futuristic design and advanced features.
  • Government Incentives in China: China continues to offer generous incentives for electric vehicle purchases, stimulating demand in the world's largest auto market.

Comprehensive Coverage Electric Vehicle Market Report

This comprehensive market report provides an in-depth analysis of the electric vehicle industry, including key insights, industry trends, challenges, growth catalysts, market segmentation, leading players, and significant developments.

Regional Insight

  • Asia-Pacific: The largest and fastest-growing market for electric vehicles, driven by China's dominance.
  • Europe: A mature market with strong government support for electric vehicle adoption.
  • North America: A significant market with high consumer demand for electric vehicles.
  • Rest of the World: Emerging markets with growing potential for electric vehicle sales.

Pricing Strategies

  • Leading players employ competitive pricing strategies to gain market share.
  • Subscription models and leasing options are becoming more popular.
  • Government incentives and tax credits impact vehicle pricing.

DROCs

  • Drivers: Government regulations, environmental concerns, technology advancements.
  • Restraints: High battery costs, limited charging infrastructure, range anxiety.
  • Opportunities: Autonomous driving, wireless charging, subscription models.
  • Challenges: Consumer resistance, slow charging speeds, battery degradation.

Segmentation

  • The market is segmented based on vehicle type, propulsion type, drive type, range, and component.
  • Each segment is analyzed in detail to provide a comprehensive understanding of the market dynamics.

SWOT Analysis

  • Strengths: Government incentives, rising fuel costs, environmental concerns.
  • Weaknesses: High battery costs, limited charging infrastructure.
  • Opportunities: Autonomous driving, wireless charging, subscription models.
  • Threats: Consumer resistance, slow charging speeds, battery degradation.

All Wheel Drive System Market Segmentation

  • Vehicle Type
    • Passenger Car and Commercial Vehicle
  • Propulsion Type
    • Battery Electric Vehicle (BEV
  • Drive Type
    • All Wheel Drive
    • Front Wheel Drive
    • and Rear Wheel Drive
  • Range
    • Up to 150 Miles
    • 151-300 Miles
    • and Above 300 Miles
  • Component
    • Battery Pack & High Voltage Component
    • Motor
    • Brake
    • Wheel & Suspension
    • Body & Chassis
    • and Low Voltage Electric Component

Electric Vehicle Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 17.8% from 2018-2032
Segmentation
    • By Vehicle Type
      • Passenger Car
      • Commercial Vehicle
    • By Propulsion Type
      • Battery Electric Vehicle (BEV
    • By Drive Type
      • All Wheel Drive
      • Front Wheel Drive
      • Rear Wheel Drive
    • By Range
      • Up to 150 Miles
      • 151-300 Miles
      • Above 300 Miles
    • By Component
      • Battery Pack & High Voltage Component
      • Motor
      • Brake
      • Wheel & Suspension
      • Body & Chassis
      • Low Voltage Electric Component
  • By Geography
    • North America
      • U.S.
      • Canada
      • Mexico

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1 Increasing Demand for Forged Products in Power
        • 3.2.2 Agriculture
        • 3.2.3 Aerospace
        • 3.2.4 and Defense to Drive Industry Expansion
      • 3.3. Market Restrains
        • 3.3.1. Higher Manufacturing and Battery Costs to Restrain Market Progress
      • 3.4. Market Trends
        • 3.4.1. Rising Adoption of Automation in Manufacturing to Drive Market Growth
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Electric Vehicle Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
      • 5.1.1. Passenger Car
      • 5.1.2. Commercial Vehicle
    • 5.2. Market Analysis, Insights and Forecast - by Propulsion Type
      • 5.2.1. Battery Electric Vehicle (BEV
    • 5.3. Market Analysis, Insights and Forecast - by Drive Type
      • 5.3.1. All Wheel Drive
      • 5.3.2. Front Wheel Drive
      • 5.3.3. Rear Wheel Drive
    • 5.4. Market Analysis, Insights and Forecast - by Range
      • 5.4.1. Up to 150 Miles
      • 5.4.2. 151-300 Miles
      • 5.4.3. Above 300 Miles
    • 5.5. Market Analysis, Insights and Forecast - by Component
      • 5.5.1. Battery Pack & High Voltage Component
      • 5.5.2. Motor
      • 5.5.3. Brake
      • 5.5.4. Wheel & Suspension
      • 5.5.5. Body & Chassis
      • 5.5.6. Low Voltage Electric Component
    • 5.6. Market Analysis, Insights and Forecast - by Region
      • 5.6.1. North America
  6. 6. North America Electric Vehicle Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Vehicle Type
        • 6.1.1. Passenger Car and Commercial Vehicle
      • 6.2. Market Analysis, Insights and Forecast - By Propulsion Type
        • 6.2.1. Battery Electric Vehicle (BEV
      • 6.3. Market Analysis, Insights and Forecast - By Drive Type
        • 6.3.1 All Wheel Drive
        • 6.3.2 Front Wheel Drive
        • 6.3.3 and Rear Wheel Drive
      • 6.4. Market Analysis, Insights and Forecast - By Range
        • 6.4.1 Up to 150 Miles
        • 6.4.2 151-300 Miles
        • 6.4.3 and Above 300 Miles
      • 6.5. Market Analysis, Insights and Forecast - By Component
        • 6.5.1 Battery Pack & High Voltage Component
        • 6.5.2 Motor
        • 6.5.3 Brake
        • 6.5.4 Wheel & Suspension
        • 6.5.5 Body & Chassis
        • 6.5.6 and Low Voltage Electric Component
      • 6.6. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 6.6.1 U.S.
        • 6.6.2 Canada
        • 6.6.3 Mexico
  7. 7. Europe Electric Vehicle Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Vehicle Type
        • 7.1.1. Passenger Car and Commercial Vehicle
      • 7.2. Market Analysis, Insights and Forecast - By Propulsion Type
        • 7.2.1. Battery Electric Vehicle (BEV
      • 7.3. Market Analysis, Insights and Forecast - By Drive Type
        • 7.3.1 All Wheel Drive
        • 7.3.2 Front Wheel Drive
        • 7.3.3 and Rear Wheel Drive
      • 7.4. Market Analysis, Insights and Forecast - By Range
        • 7.4.1 Up to 150 Miles
        • 7.4.2 151-300 Miles
        • 7.4.3 and Above 300 Miles
      • 7.5. Market Analysis, Insights and Forecast - By Component
        • 7.5.1 Battery Pack & High Voltage Component
        • 7.5.2 Motor
        • 7.5.3 Brake
        • 7.5.4 Wheel & Suspension
        • 7.5.5 Body & Chassis
        • 7.5.6 and Low Voltage Electric Component
      • 7.6. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 7.6.1 U.K.
        • 7.6.2 Germany
        • 7.6.3 France
        • 7.6.4 Rest of Europe
  8. 8. Asia Pacific Electric Vehicle Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Vehicle Type
        • 8.1.1. Passenger Car and Commercial Vehicle
      • 8.2. Market Analysis, Insights and Forecast - By Propulsion Type
        • 8.2.1. Battery Electric Vehicle (BEV
      • 8.3. Market Analysis, Insights and Forecast - By Drive Type
        • 8.3.1 All Wheel Drive
        • 8.3.2 Front Wheel Drive
        • 8.3.3 and Rear Wheel Drive
      • 8.4. Market Analysis, Insights and Forecast - By Range
        • 8.4.1 Up to 150 Miles
        • 8.4.2 151-300 Miles
        • 8.4.3 and Above 300 Miles
      • 8.5. Market Analysis, Insights and Forecast - By Component
        • 8.5.1 Battery Pack & High Voltage Component
        • 8.5.2 Motor
        • 8.5.3 Brake
        • 8.5.4 Wheel & Suspension
        • 8.5.5 Body & Chassis
        • 8.5.6 and Low Voltage Electric Component
      • 8.6. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 8.6.1 China
        • 8.6.2 India
        • 8.6.3 Japan
        • 8.6.4 Rest of Asia Pacific
  9. 9. Rest of the World Electric Vehicle Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Vehicle Type
        • 9.1.1. Passenger Car and Commercial Vehicle
      • 9.2. Market Analysis, Insights and Forecast - By Propulsion Type
        • 9.2.1. Battery Electric Vehicle (BEV
      • 9.3. Market Analysis, Insights and Forecast - By Drive Type
        • 9.3.1 All Wheel Drive
        • 9.3.2 Front Wheel Drive
        • 9.3.3 and Rear Wheel Drive
      • 9.4. Market Analysis, Insights and Forecast - By Range
        • 9.4.1 Up to 150 Miles
        • 9.4.2 151-300 Miles
        • 9.4.3 and Above 300 Miles
      • 9.5. Market Analysis, Insights and Forecast - By Component
        • 9.5.1 Battery Pack & High Voltage Component
        • 9.5.2 Motor
        • 9.5.3 Brake
        • 9.5.4 Wheel & Suspension
        • 9.5.5 Body & Chassis
        • 9.5.6 and Low Voltage Electric Component
      • 9.6. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 9.6.1
        • 9.6.2
  10. 10. MEA Electric Vehicle Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Vehicle Type
        • 10.1.1. Passenger Car and Commercial Vehicle
      • 10.2. Market Analysis, Insights and Forecast - By Propulsion Type
        • 10.2.1. Battery Electric Vehicle (BEV
      • 10.3. Market Analysis, Insights and Forecast - By Drive Type
        • 10.3.1 All Wheel Drive
        • 10.3.2 Front Wheel Drive
        • 10.3.3 and Rear Wheel Drive
      • 10.4. Market Analysis, Insights and Forecast - By Range
        • 10.4.1 Up to 150 Miles
        • 10.4.2 151-300 Miles
        • 10.4.3 and Above 300 Miles
      • 10.5. Market Analysis, Insights and Forecast - By Component
        • 10.5.1 Battery Pack & High Voltage Component
        • 10.5.2 Motor
        • 10.5.3 Brake
        • 10.5.4 Wheel & Suspension
        • 10.5.5 Body & Chassis
        • 10.5.6 and Low Voltage Electric Component
      • 10.6. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 10.6.1 Middle East
        • 10.6.2 Africa
  11. 11. South America Electric Vehicle Market Analysis, Insights and Forecast, 2018-2030
      • 11.1. Market Analysis, Insights and Forecast - By Vehicle Type
        • 11.1.1. Passenger Car and Commercial Vehicle
      • 11.2. Market Analysis, Insights and Forecast - By Propulsion Type
        • 11.2.1. Battery Electric Vehicle (BEV
      • 11.3. Market Analysis, Insights and Forecast - By Drive Type
        • 11.3.1 All Wheel Drive
        • 11.3.2 Front Wheel Drive
        • 11.3.3 and Rear Wheel Drive
      • 11.4. Market Analysis, Insights and Forecast - By Range
        • 11.4.1 Up to 150 Miles
        • 11.4.2 151-300 Miles
        • 11.4.3 and Above 300 Miles
      • 11.5. Market Analysis, Insights and Forecast - By Component
        • 11.5.1 Battery Pack & High Voltage Component
        • 11.5.2 Motor
        • 11.5.3 Brake
        • 11.5.4 Wheel & Suspension
        • 11.5.5 Body & Chassis
        • 11.5.6 and Low Voltage Electric Component
      • 11.6. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 11.6.1 Brazil
        • 11.6.2 Argentina
        • 11.6.3 Rest of South America
  12. 12. Competitive Analysis
    • 12.1. Global Market Share Analysis 2023
      • 12.2. Company Profiles
        • 12.2.1 BMW Group (Germany)
          • 12.2.1.1. Overview
          • 12.2.1.2. Products
          • 12.2.1.3. SWOT Analysis
          • 12.2.1.4. Recent Developments
          • 12.2.1.5. Financials (Based on Availability)
        • 12.2.2 BYD Company Ltd. (China)
          • 12.2.2.1. Overview
          • 12.2.2.2. Products
          • 12.2.2.3. SWOT Analysis
          • 12.2.2.4. Recent Developments
          • 12.2.2.5. Financials (Based on Availability)
        • 12.2.3 Daimler AG (Germany)
          • 12.2.3.1. Overview
          • 12.2.3.2. Products
          • 12.2.3.3. SWOT Analysis
          • 12.2.3.4. Recent Developments
          • 12.2.3.5. Financials (Based on Availability)
        • 12.2.4 Ford Motor Company (U.S.)
          • 12.2.4.1. Overview
          • 12.2.4.2. Products
          • 12.2.4.3. SWOT Analysis
          • 12.2.4.4. Recent Developments
          • 12.2.4.5. Financials (Based on Availability)
        • 12.2.5 General Motor Company (U.S.)
          • 12.2.5.1. Overview
          • 12.2.5.2. Products
          • 12.2.5.3. SWOT Analysis
          • 12.2.5.4. Recent Developments
          • 12.2.5.5. Financials (Based on Availability)
        • 12.2.6 Nissan Motor Corporation (Japan)
          • 12.2.6.1. Overview
          • 12.2.6.2. Products
          • 12.2.6.3. SWOT Analysis
          • 12.2.6.4. Recent Developments
          • 12.2.6.5. Financials (Based on Availability)
        • 12.2.7 Tesla (U.S.)
          • 12.2.7.1. Overview
          • 12.2.7.2. Products
          • 12.2.7.3. SWOT Analysis
          • 12.2.7.4. Recent Developments
          • 12.2.7.5. Financials (Based on Availability)
        • 12.2.8 Toyota Motor Corporation (Japan)
          • 12.2.8.1. Overview
          • 12.2.8.2. Products
          • 12.2.8.3. SWOT Analysis
          • 12.2.8.4. Recent Developments
          • 12.2.8.5. Financials (Based on Availability)
        • 12.2.9 Volkswagen AG (Germany)
          • 12.2.9.1. Overview
          • 12.2.9.2. Products
          • 12.2.9.3. SWOT Analysis
          • 12.2.9.4. Recent Developments
          • 12.2.9.5. Financials (Based on Availability)
        • 12.2.10 Group Renault (France)
          • 12.2.10.1. Overview
          • 12.2.10.2. Products
          • 12.2.10.3. SWOT Analysis
          • 12.2.10.4. Recent Developments
          • 12.2.10.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Electric Vehicle Market Revenue Breakdown (USD Billion, %) by Region 2023 & 2031
  2. Figure 2: Global Electric Vehicle Market Volume Breakdown (Thousand Units, %) by Region 2023 & 2031
  3. Figure 3: Global Electric Vehicle Market Revenue (USD Billion), by Vehicle Type 2023 & 2031
  4. Figure 4: Global Electric Vehicle Market Volume (Thousand Units), by Vehicle Type 2023 & 2031
  5. Figure 5: Global Electric Vehicle Market Revenue Share (%), by Vehicle Type 2023 & 2031
  6. Figure 6: Global Electric Vehicle Market Volume Share (%), by Vehicle Type 2023 & 2031
  7. Figure 7: Global Electric Vehicle Market Forecast (USD Billion), by Passenger Car 2020 & 2031
  8. Figure 8: Global Electric Vehicle Market Forecast (Thousand Units), by Passenger Car 2020 & 2031
  9. Figure 9: Global Electric Vehicle Market Forecast (USD Billion), by Commercial Vehicle 2020 & 2031
  10. Figure 10: Global Electric Vehicle Market Forecast (Thousand Units), by Commercial Vehicle 2020 & 2031
  11. Figure 11: Global Electric Vehicle Market Revenue (USD Billion), by Propulsion Type 2023 & 2031
  12. Figure 12: Global Electric Vehicle Market Volume (Thousand Units), by Propulsion Type 2023 & 2031
  13. Figure 13: Global Electric Vehicle Market Revenue Share (%), by Propulsion Type 2023 & 2031
  14. Figure 14: Global Electric Vehicle Market Volume Share (%), by Propulsion Type 2023 & 2031
  15. Figure 15: Global Electric Vehicle Market Forecast (USD Billion), by Battery Electric Vehicle (BEV 2020 & 2031
  16. Figure 16: Global Electric Vehicle Market Forecast (Thousand Units), by Battery Electric Vehicle (BEV 2020 & 2031
  17. Figure 17: Global Electric Vehicle Market Revenue (USD Billion), by Drive Type 2023 & 2031
  18. Figure 18: Global Electric Vehicle Market Volume (Thousand Units), by Drive Type 2023 & 2031
  19. Figure 19: Global Electric Vehicle Market Revenue Share (%), by Drive Type 2023 & 2031
  20. Figure 20: Global Electric Vehicle Market Volume Share (%), by Drive Type 2023 & 2031
  21. Figure 21: Global Electric Vehicle Market Forecast (USD Billion), by All Wheel Drive 2020 & 2031
  22. Figure 22: Global Electric Vehicle Market Forecast (Thousand Units), by All Wheel Drive 2020 & 2031
  23. Figure 23: Global Electric Vehicle Market Forecast (USD Billion), by Front Wheel Drive 2020 & 2031
  24. Figure 24: Global Electric Vehicle Market Forecast (Thousand Units), by Front Wheel Drive 2020 & 2031
  25. Figure 25: Global Electric Vehicle Market Forecast (USD Billion), by Rear Wheel Drive 2020 & 2031
  26. Figure 26: Global Electric Vehicle Market Forecast (Thousand Units), by Rear Wheel Drive 2020 & 2031
  27. Figure 27: Global Electric Vehicle Market Revenue (USD Billion), by Range 2023 & 2031
  28. Figure 28: Global Electric Vehicle Market Volume (Thousand Units), by Range 2023 & 2031
  29. Figure 29: Global Electric Vehicle Market Revenue Share (%), by Range 2023 & 2031
  30. Figure 30: Global Electric Vehicle Market Volume Share (%), by Range 2023 & 2031
  31. Figure 31: Global Electric Vehicle Market Forecast (USD Billion), by Up to 150 Miles 2020 & 2031
  32. Figure 32: Global Electric Vehicle Market Forecast (Thousand Units), by Up to 150 Miles 2020 & 2031
  33. Figure 33: Global Electric Vehicle Market Forecast (USD Billion), by 151-300 Miles 2020 & 2031
  34. Figure 34: Global Electric Vehicle Market Forecast (Thousand Units), by 151-300 Miles 2020 & 2031
  35. Figure 35: Global Electric Vehicle Market Forecast (USD Billion), by Above 300 Miles 2020 & 2031
  36. Figure 36: Global Electric Vehicle Market Forecast (Thousand Units), by Above 300 Miles 2020 & 2031
  37. Figure 37: Global Electric Vehicle Market Revenue (USD Billion), by Component 2023 & 2031
  38. Figure 38: Global Electric Vehicle Market Volume (Thousand Units), by Component 2023 & 2031
  39. Figure 39: Global Electric Vehicle Market Revenue Share (%), by Component 2023 & 2031
  40. Figure 40: Global Electric Vehicle Market Volume Share (%), by Component 2023 & 2031
  41. Figure 41: Global Electric Vehicle Market Forecast (USD Billion), by Battery Pack & High Voltage Component 2020 & 2031
  42. Figure 42: Global Electric Vehicle Market Forecast (Thousand Units), by Battery Pack & High Voltage Component 2020 & 2031
  43. Figure 43: Global Electric Vehicle Market Forecast (USD Billion), by Motor 2020 & 2031
  44. Figure 44: Global Electric Vehicle Market Forecast (Thousand Units), by Motor 2020 & 2031
  45. Figure 45: Global Electric Vehicle Market Forecast (USD Billion), by Brake 2020 & 2031
  46. Figure 46: Global Electric Vehicle Market Forecast (Thousand Units), by Brake 2020 & 2031
  47. Figure 47: Global Electric Vehicle Market Forecast (USD Billion), by Wheel & Suspension 2020 & 2031
  48. Figure 48: Global Electric Vehicle Market Forecast (Thousand Units), by Wheel & Suspension 2020 & 2031
  49. Figure 49: Global Electric Vehicle Market Forecast (USD Billion), by Body & Chassis 2020 & 2031
  50. Figure 50: Global Electric Vehicle Market Forecast (Thousand Units), by Body & Chassis 2020 & 2031
  51. Figure 51: Global Electric Vehicle Market Forecast (USD Billion), by Low Voltage Electric Component 2020 & 2031
  52. Figure 52: Global Electric Vehicle Market Forecast (Thousand Units), by Low Voltage Electric Component 2020 & 2031
  53. Figure 53: Global Electric Vehicle Market Revenue (USD Billion), by Region 2023 & 2031
  54. Figure 54: Global Electric Vehicle Market Volume (Thousand Units), by Region 2023 & 2031
  55. Figure 55: Global Electric Vehicle Market Revenue Share (%), by Region 2023 & 2031
  56. Figure 56: Global Electric Vehicle Market Volume Share (%), by Region 2023 & 2031
  57. Figure 57: North America Electric Vehicle Market Revenue (USD Billion), by Vehicle Type 2023 & 2031
  58. Figure 58: North America Electric Vehicle Market Volume (Thousand Units), by Vehicle Type 2023 & 2031
  59. Figure 59: North America Electric Vehicle Market Revenue Share (%), by Vehicle Type 2023 & 2031
  60. Figure 60: North America Electric Vehicle Market Volume Share (%), by Vehicle Type 2023 & 2031
  61. Figure 61: North America Electric Vehicle Market Revenue (USD Billion), by Propulsion Type 2023 & 2031
  62. Figure 62: North America Electric Vehicle Market Volume (Thousand Units), by Propulsion Type 2023 & 2031
  63. Figure 63: North America Electric Vehicle Market Revenue Share (%), by Propulsion Type 2023 & 2031
  64. Figure 64: North America Electric Vehicle Market Volume Share (%), by Propulsion Type 2023 & 2031
  65. Figure 65: North America Electric Vehicle Market Revenue (USD Billion), by Drive Type 2023 & 2031
  66. Figure 66: North America Electric Vehicle Market Volume (Thousand Units), by Drive Type 2023 & 2031
  67. Figure 67: North America Electric Vehicle Market Revenue Share (%), by Drive Type 2023 & 2031
  68. Figure 68: North America Electric Vehicle Market Volume Share (%), by Drive Type 2023 & 2031
  69. Figure 69: North America Electric Vehicle Market Revenue (USD Billion), by Range 2023 & 2031
  70. Figure 70: North America Electric Vehicle Market Volume (Thousand Units), by Range 2023 & 2031
  71. Figure 71: North America Electric Vehicle Market Revenue Share (%), by Range 2023 & 2031
  72. Figure 72: North America Electric Vehicle Market Volume Share (%), by Range 2023 & 2031
  73. Figure 73: North America Electric Vehicle Market Revenue (USD Billion), by Component 2023 & 2031
  74. Figure 74: North America Electric Vehicle Market Volume (Thousand Units), by Component 2023 & 2031
  75. Figure 75: North America Electric Vehicle Market Revenue Share (%), by Component 2023 & 2031
  76. Figure 76: North America Electric Vehicle Market Volume Share (%), by Component 2023 & 2031
  77. Figure 77: North America Electric Vehicle Market Revenue (USD Billion), by Country 2023 & 2031
  78. Figure 78: North America Electric Vehicle Market Volume (Thousand Units), by Country 2023 & 2031
  79. Figure 79: North America Electric Vehicle Market Revenue Share (%), by Country 2023 & 2031
  80. Figure 80: North America Electric Vehicle Market Volume Share (%), by Country 2023 & 2031
  81. Figure 81: Europe Electric Vehicle Market Revenue (USD Billion), by Vehicle Type 2023 & 2031
  82. Figure 82: Europe Electric Vehicle Market Volume (Thousand Units), by Vehicle Type 2023 & 2031
  83. Figure 83: Europe Electric Vehicle Market Revenue Share (%), by Vehicle Type 2023 & 2031
  84. Figure 84: Europe Electric Vehicle Market Volume Share (%), by Vehicle Type 2023 & 2031
  85. Figure 85: Europe Electric Vehicle Market Revenue (USD Billion), by Propulsion Type 2023 & 2031
  86. Figure 86: Europe Electric Vehicle Market Volume (Thousand Units), by Propulsion Type 2023 & 2031
  87. Figure 87: Europe Electric Vehicle Market Revenue Share (%), by Propulsion Type 2023 & 2031
  88. Figure 88: Europe Electric Vehicle Market Volume Share (%), by Propulsion Type 2023 & 2031
  89. Figure 89: Europe Electric Vehicle Market Revenue (USD Billion), by Drive Type 2023 & 2031
  90. Figure 90: Europe Electric Vehicle Market Volume (Thousand Units), by Drive Type 2023 & 2031
  91. Figure 91: Europe Electric Vehicle Market Revenue Share (%), by Drive Type 2023 & 2031
  92. Figure 92: Europe Electric Vehicle Market Volume Share (%), by Drive Type 2023 & 2031
  93. Figure 93: Europe Electric Vehicle Market Revenue (USD Billion), by Range 2023 & 2031
  94. Figure 94: Europe Electric Vehicle Market Volume (Thousand Units), by Range 2023 & 2031
  95. Figure 95: Europe Electric Vehicle Market Revenue Share (%), by Range 2023 & 2031
  96. Figure 96: Europe Electric Vehicle Market Volume Share (%), by Range 2023 & 2031
  97. Figure 97: Europe Electric Vehicle Market Revenue (USD Billion), by Component 2023 & 2031
  98. Figure 98: Europe Electric Vehicle Market Volume (Thousand Units), by Component 2023 & 2031
  99. Figure 99: Europe Electric Vehicle Market Revenue Share (%), by Component 2023 & 2031
  100. Figure 100: Europe Electric Vehicle Market Volume Share (%), by Component 2023 & 2031
  101. Figure 101: Europe Electric Vehicle Market Revenue (USD Billion), by Country 2023 & 2031
  102. Figure 102: Europe Electric Vehicle Market Volume (Thousand Units), by Country 2023 & 2031
  103. Figure 103: Europe Electric Vehicle Market Revenue Share (%), by Country 2023 & 2031
  104. Figure 104: Europe Electric Vehicle Market Volume Share (%), by Country 2023 & 2031
  105. Figure 105: Asia Pacific Electric Vehicle Market Revenue (USD Billion), by Vehicle Type 2023 & 2031
  106. Figure 106: Asia Pacific Electric Vehicle Market Volume (Thousand Units), by Vehicle Type 2023 & 2031
  107. Figure 107: Asia Pacific Electric Vehicle Market Revenue Share (%), by Vehicle Type 2023 & 2031
  108. Figure 108: Asia Pacific Electric Vehicle Market Volume Share (%), by Vehicle Type 2023 & 2031
  109. Figure 109: Asia Pacific Electric Vehicle Market Revenue (USD Billion), by Propulsion Type 2023 & 2031
  110. Figure 110: Asia Pacific Electric Vehicle Market Volume (Thousand Units), by Propulsion Type 2023 & 2031
  111. Figure 111: Asia Pacific Electric Vehicle Market Revenue Share (%), by Propulsion Type 2023 & 2031
  112. Figure 112: Asia Pacific Electric Vehicle Market Volume Share (%), by Propulsion Type 2023 & 2031
  113. Figure 113: Asia Pacific Electric Vehicle Market Revenue (USD Billion), by Drive Type 2023 & 2031
  114. Figure 114: Asia Pacific Electric Vehicle Market Volume (Thousand Units), by Drive Type 2023 & 2031
  115. Figure 115: Asia Pacific Electric Vehicle Market Revenue Share (%), by Drive Type 2023 & 2031
  116. Figure 116: Asia Pacific Electric Vehicle Market Volume Share (%), by Drive Type 2023 & 2031
  117. Figure 117: Asia Pacific Electric Vehicle Market Revenue (USD Billion), by Range 2023 & 2031
  118. Figure 118: Asia Pacific Electric Vehicle Market Volume (Thousand Units), by Range 2023 & 2031
  119. Figure 119: Asia Pacific Electric Vehicle Market Revenue Share (%), by Range 2023 & 2031
  120. Figure 120: Asia Pacific Electric Vehicle Market Volume Share (%), by Range 2023 & 2031
  121. Figure 121: Asia Pacific Electric Vehicle Market Revenue (USD Billion), by Component 2023 & 2031
  122. Figure 122: Asia Pacific Electric Vehicle Market Volume (Thousand Units), by Component 2023 & 2031
  123. Figure 123: Asia Pacific Electric Vehicle Market Revenue Share (%), by Component 2023 & 2031
  124. Figure 124: Asia Pacific Electric Vehicle Market Volume Share (%), by Component 2023 & 2031
  125. Figure 125: Asia Pacific Electric Vehicle Market Revenue (USD Billion), by Country 2023 & 2031
  126. Figure 126: Asia Pacific Electric Vehicle Market Volume (Thousand Units), by Country 2023 & 2031
  127. Figure 127: Asia Pacific Electric Vehicle Market Revenue Share (%), by Country 2023 & 2031
  128. Figure 128: Asia Pacific Electric Vehicle Market Volume Share (%), by Country 2023 & 2031
  129. Figure 129: Rest of the World Electric Vehicle Market Revenue (USD Billion), by Vehicle Type 2023 & 2031
  130. Figure 130: Rest of the World Electric Vehicle Market Volume (Thousand Units), by Vehicle Type 2023 & 2031
  131. Figure 131: Rest of the World Electric Vehicle Market Revenue Share (%), by Vehicle Type 2023 & 2031
  132. Figure 132: Rest of the World Electric Vehicle Market Volume Share (%), by Vehicle Type 2023 & 2031
  133. Figure 133: Rest of the World Electric Vehicle Market Revenue (USD Billion), by Propulsion Type 2023 & 2031
  134. Figure 134: Rest of the World Electric Vehicle Market Volume (Thousand Units), by Propulsion Type 2023 & 2031
  135. Figure 135: Rest of the World Electric Vehicle Market Revenue Share (%), by Propulsion Type 2023 & 2031
  136. Figure 136: Rest of the World Electric Vehicle Market Volume Share (%), by Propulsion Type 2023 & 2031
  137. Figure 137: Rest of the World Electric Vehicle Market Revenue (USD Billion), by Drive Type 2023 & 2031
  138. Figure 138: Rest of the World Electric Vehicle Market Volume (Thousand Units), by Drive Type 2023 & 2031
  139. Figure 139: Rest of the World Electric Vehicle Market Revenue Share (%), by Drive Type 2023 & 2031
  140. Figure 140: Rest of the World Electric Vehicle Market Volume Share (%), by Drive Type 2023 & 2031
  141. Figure 141: Rest of the World Electric Vehicle Market Revenue (USD Billion), by Range 2023 & 2031
  142. Figure 142: Rest of the World Electric Vehicle Market Volume (Thousand Units), by Range 2023 & 2031
  143. Figure 143: Rest of the World Electric Vehicle Market Revenue Share (%), by Range 2023 & 2031
  144. Figure 144: Rest of the World Electric Vehicle Market Volume Share (%), by Range 2023 & 2031
  145. Figure 145: Rest of the World Electric Vehicle Market Revenue (USD Billion), by Component 2023 & 2031
  146. Figure 146: Rest of the World Electric Vehicle Market Volume (Thousand Units), by Component 2023 & 2031
  147. Figure 147: Rest of the World Electric Vehicle Market Revenue Share (%), by Component 2023 & 2031
  148. Figure 148: Rest of the World Electric Vehicle Market Volume Share (%), by Component 2023 & 2031
  149. Figure 149: Rest of the World Electric Vehicle Market Revenue (USD Billion), by Country 2023 & 2031
  150. Figure 150: Rest of the World Electric Vehicle Market Volume (Thousand Units), by Country 2023 & 2031
  151. Figure 151: Rest of the World Electric Vehicle Market Revenue Share (%), by Country 2023 & 2031
  152. Figure 152: Rest of the World Electric Vehicle Market Volume Share (%), by Country 2023 & 2031
  153. Figure 153: MEA Electric Vehicle Market Revenue (USD Billion), by Vehicle Type 2023 & 2031
  154. Figure 154: MEA Electric Vehicle Market Volume (Thousand Units), by Vehicle Type 2023 & 2031
  155. Figure 155: MEA Electric Vehicle Market Revenue Share (%), by Vehicle Type 2023 & 2031
  156. Figure 156: MEA Electric Vehicle Market Volume Share (%), by Vehicle Type 2023 & 2031
  157. Figure 157: MEA Electric Vehicle Market Revenue (USD Billion), by Propulsion Type 2023 & 2031
  158. Figure 158: MEA Electric Vehicle Market Volume (Thousand Units), by Propulsion Type 2023 & 2031
  159. Figure 159: MEA Electric Vehicle Market Revenue Share (%), by Propulsion Type 2023 & 2031
  160. Figure 160: MEA Electric Vehicle Market Volume Share (%), by Propulsion Type 2023 & 2031
  161. Figure 161: MEA Electric Vehicle Market Revenue (USD Billion), by Drive Type 2023 & 2031
  162. Figure 162: MEA Electric Vehicle Market Volume (Thousand Units), by Drive Type 2023 & 2031
  163. Figure 163: MEA Electric Vehicle Market Revenue Share (%), by Drive Type 2023 & 2031
  164. Figure 164: MEA Electric Vehicle Market Volume Share (%), by Drive Type 2023 & 2031
  165. Figure 165: MEA Electric Vehicle Market Revenue (USD Billion), by Range 2023 & 2031
  166. Figure 166: MEA Electric Vehicle Market Volume (Thousand Units), by Range 2023 & 2031
  167. Figure 167: MEA Electric Vehicle Market Revenue Share (%), by Range 2023 & 2031
  168. Figure 168: MEA Electric Vehicle Market Volume Share (%), by Range 2023 & 2031
  169. Figure 169: MEA Electric Vehicle Market Revenue (USD Billion), by Component 2023 & 2031
  170. Figure 170: MEA Electric Vehicle Market Volume (Thousand Units), by Component 2023 & 2031
  171. Figure 171: MEA Electric Vehicle Market Revenue Share (%), by Component 2023 & 2031
  172. Figure 172: MEA Electric Vehicle Market Volume Share (%), by Component 2023 & 2031
  173. Figure 173: MEA Electric Vehicle Market Revenue (USD Billion), by Country 2023 & 2031
  174. Figure 174: MEA Electric Vehicle Market Volume (Thousand Units), by Country 2023 & 2031
  175. Figure 175: MEA Electric Vehicle Market Revenue Share (%), by Country 2023 & 2031
  176. Figure 176: MEA Electric Vehicle Market Volume Share (%), by Country 2023 & 2031
  177. Figure 177: South America Electric Vehicle Market Revenue (USD Billion), by Vehicle Type 2023 & 2031
  178. Figure 178: South America Electric Vehicle Market Volume (Thousand Units), by Vehicle Type 2023 & 2031
  179. Figure 179: South America Electric Vehicle Market Revenue Share (%), by Vehicle Type 2023 & 2031
  180. Figure 180: South America Electric Vehicle Market Volume Share (%), by Vehicle Type 2023 & 2031
  181. Figure 181: South America Electric Vehicle Market Revenue (USD Billion), by Propulsion Type 2023 & 2031
  182. Figure 182: South America Electric Vehicle Market Volume (Thousand Units), by Propulsion Type 2023 & 2031
  183. Figure 183: South America Electric Vehicle Market Revenue Share (%), by Propulsion Type 2023 & 2031
  184. Figure 184: South America Electric Vehicle Market Volume Share (%), by Propulsion Type 2023 & 2031
  185. Figure 185: South America Electric Vehicle Market Revenue (USD Billion), by Drive Type 2023 & 2031
  186. Figure 186: South America Electric Vehicle Market Volume (Thousand Units), by Drive Type 2023 & 2031
  187. Figure 187: South America Electric Vehicle Market Revenue Share (%), by Drive Type 2023 & 2031
  188. Figure 188: South America Electric Vehicle Market Volume Share (%), by Drive Type 2023 & 2031
  189. Figure 189: South America Electric Vehicle Market Revenue (USD Billion), by Range 2023 & 2031
  190. Figure 190: South America Electric Vehicle Market Volume (Thousand Units), by Range 2023 & 2031
  191. Figure 191: South America Electric Vehicle Market Revenue Share (%), by Range 2023 & 2031
  192. Figure 192: South America Electric Vehicle Market Volume Share (%), by Range 2023 & 2031
  193. Figure 193: South America Electric Vehicle Market Revenue (USD Billion), by Component 2023 & 2031
  194. Figure 194: South America Electric Vehicle Market Volume (Thousand Units), by Component 2023 & 2031
  195. Figure 195: South America Electric Vehicle Market Revenue Share (%), by Component 2023 & 2031
  196. Figure 196: South America Electric Vehicle Market Volume Share (%), by Component 2023 & 2031
  197. Figure 197: South America Electric Vehicle Market Revenue (USD Billion), by Country 2023 & 2031
  198. Figure 198: South America Electric Vehicle Market Volume (Thousand Units), by Country 2023 & 2031
  199. Figure 199: South America Electric Vehicle Market Revenue Share (%), by Country 2023 & 2031
  200. Figure 200: South America Electric Vehicle Market Volume Share (%), by Country 2023 & 2031
  201. Figure 201: North America Electric Vehicle Market Revenue (USD Billion), by Vehicle Type 2023 & 2031
  202. Figure 202: North America Electric Vehicle Market Volume (Thousand Units), by Vehicle Type 2023 & 2031
  203. Figure 203: North America Electric Vehicle Market Revenue Share (%), by Vehicle Type 2023 & 2031
  204. Figure 204: North America Electric Vehicle Market Volume Share (%), by Vehicle Type 2023 & 2031
  205. Figure 205: North America Electric Vehicle Market Revenue (USD Billion), by Propulsion Type 2023 & 2031
  206. Figure 206: North America Electric Vehicle Market Volume (Thousand Units), by Propulsion Type 2023 & 2031
  207. Figure 207: North America Electric Vehicle Market Revenue Share (%), by Propulsion Type 2023 & 2031
  208. Figure 208: North America Electric Vehicle Market Volume Share (%), by Propulsion Type 2023 & 2031
  209. Figure 209: North America Electric Vehicle Market Revenue (USD Billion), by Drive Type 2023 & 2031
  210. Figure 210: North America Electric Vehicle Market Volume (Thousand Units), by Drive Type 2023 & 2031
  211. Figure 211: North America Electric Vehicle Market Revenue Share (%), by Drive Type 2023 & 2031
  212. Figure 212: North America Electric Vehicle Market Volume Share (%), by Drive Type 2023 & 2031
  213. Figure 213: North America Electric Vehicle Market Revenue (USD Billion), by Range 2023 & 2031
  214. Figure 214: North America Electric Vehicle Market Volume (Thousand Units), by Range 2023 & 2031
  215. Figure 215: North America Electric Vehicle Market Revenue Share (%), by Range 2023 & 2031
  216. Figure 216: North America Electric Vehicle Market Volume Share (%), by Range 2023 & 2031
  217. Figure 217: North America Electric Vehicle Market Revenue (USD Billion), by Component 2023 & 2031
  218. Figure 218: North America Electric Vehicle Market Volume (Thousand Units), by Component 2023 & 2031
  219. Figure 219: North America Electric Vehicle Market Revenue Share (%), by Component 2023 & 2031
  220. Figure 220: North America Electric Vehicle Market Volume Share (%), by Component 2023 & 2031
  221. Figure 221: North America Electric Vehicle Market Revenue (USD Billion), by Country 2023 & 2031
  222. Figure 222: North America Electric Vehicle Market Volume (Thousand Units), by Country 2023 & 2031
  223. Figure 223: North America Electric Vehicle Market Revenue Share (%), by Country 2023 & 2031
  224. Figure 224: North America Electric Vehicle Market Volume Share (%), by Country 2023 & 2031
List of Tables
  1. Table 1: Global Electric Vehicle Market Revenue USD Billion Forecast, by Vehicle Type 2018 & 2031
  2. Table 2: Global Electric Vehicle Market Volume Thousand Units Forecast, by Vehicle Type 2018 & 2031
  3. Table 3: Global Electric Vehicle Market Revenue USD Billion Forecast, by Propulsion Type 2018 & 2031
  4. Table 4: Global Electric Vehicle Market Volume Thousand Units Forecast, by Propulsion Type 2018 & 2031
  5. Table 5: Global Electric Vehicle Market Revenue USD Billion Forecast, by Drive Type 2018 & 2031
  6. Table 6: Global Electric Vehicle Market Volume Thousand Units Forecast, by Drive Type 2018 & 2031
  7. Table 7: Global Electric Vehicle Market Revenue USD Billion Forecast, by Range 2018 & 2031
  8. Table 8: Global Electric Vehicle Market Volume Thousand Units Forecast, by Range 2018 & 2031
  9. Table 9: Global Electric Vehicle Market Revenue USD Billion Forecast, by Component 2018 & 2031
  10. Table 10: Global Electric Vehicle Market Volume Thousand Units Forecast, by Component 2018 & 2031
  11. Table 11: Global Electric Vehicle Market Revenue USD Billion Forecast, by Region 2018 & 2031
  12. Table 12: Global Electric Vehicle Market Volume Thousand Units Forecast, by Region 2018 & 2031
  13. Table 13: Global Electric Vehicle Market Revenue USD Billion Forecast, by Vehicle Type 2018 & 2031
  14. Table 14: Global Electric Vehicle Market Volume Thousand Units Forecast, by Vehicle Type 2018 & 2031
  15. Table 15: Global Electric Vehicle Market Revenue USD Billion Forecast, by Propulsion Type 2018 & 2031
  16. Table 16: Global Electric Vehicle Market Volume Thousand Units Forecast, by Propulsion Type 2018 & 2031
  17. Table 17: Global Electric Vehicle Market Revenue USD Billion Forecast, by Drive Type 2018 & 2031
  18. Table 18: Global Electric Vehicle Market Volume Thousand Units Forecast, by Drive Type 2018 & 2031
  19. Table 19: Global Electric Vehicle Market Revenue USD Billion Forecast, by Range 2018 & 2031
  20. Table 20: Global Electric Vehicle Market Volume Thousand Units Forecast, by Range 2018 & 2031
  21. Table 21: Global Electric Vehicle Market Revenue USD Billion Forecast, by Component 2018 & 2031
  22. Table 22: Global Electric Vehicle Market Volume Thousand Units Forecast, by Component 2018 & 2031
  23. Table 23: Global Electric Vehicle Market Revenue USD Billion Forecast, by Region 2018 & 2031
  24. Table 24: Global Electric Vehicle Market Volume Thousand Units Forecast, by Region 2018 & 2031
  25. Table 25: Global Electric Vehicle Market Revenue USD Billion Forecast, by Vehicle Type 2018 & 2031
  26. Table 26: Global Electric Vehicle Market Volume Thousand Units Forecast, by Vehicle Type 2018 & 2031
  27. Table 27: Global Electric Vehicle Market Revenue USD Billion Forecast, by Propulsion Type 2018 & 2031
  28. Table 28: Global Electric Vehicle Market Volume Thousand Units Forecast, by Propulsion Type 2018 & 2031
  29. Table 29: Global Electric Vehicle Market Revenue USD Billion Forecast, by Drive Type 2018 & 2031
  30. Table 30: Global Electric Vehicle Market Volume Thousand Units Forecast, by Drive Type 2018 & 2031
  31. Table 31: Global Electric Vehicle Market Revenue USD Billion Forecast, by Range 2018 & 2031
  32. Table 32: Global Electric Vehicle Market Volume Thousand Units Forecast, by Range 2018 & 2031
  33. Table 33: Global Electric Vehicle Market Revenue USD Billion Forecast, by Component 2018 & 2031
  34. Table 34: Global Electric Vehicle Market Volume Thousand Units Forecast, by Component 2018 & 2031
  35. Table 35: Global Electric Vehicle Market Revenue USD Billion Forecast, by Country 2018 & 2031
  36. Table 36: Global Electric Vehicle Market Volume Thousand Units Forecast, by Country 2018 & 2031
  37. Table 37: U.S. Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  38. Table 38: U.S. Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  39. Table 39: Canada Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  40. Table 40: Canada Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  41. Table 41: Mexico Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  42. Table 42: Mexico Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  43. Table 43: Global Electric Vehicle Market Revenue USD Billion Forecast, by Vehicle Type 2018 & 2031
  44. Table 44: Global Electric Vehicle Market Volume Thousand Units Forecast, by Vehicle Type 2018 & 2031
  45. Table 45: Global Electric Vehicle Market Revenue USD Billion Forecast, by Propulsion Type 2018 & 2031
  46. Table 46: Global Electric Vehicle Market Volume Thousand Units Forecast, by Propulsion Type 2018 & 2031
  47. Table 47: Global Electric Vehicle Market Revenue USD Billion Forecast, by Drive Type 2018 & 2031
  48. Table 48: Global Electric Vehicle Market Volume Thousand Units Forecast, by Drive Type 2018 & 2031
  49. Table 49: Global Electric Vehicle Market Revenue USD Billion Forecast, by Range 2018 & 2031
  50. Table 50: Global Electric Vehicle Market Volume Thousand Units Forecast, by Range 2018 & 2031
  51. Table 51: Global Electric Vehicle Market Revenue USD Billion Forecast, by Component 2018 & 2031
  52. Table 52: Global Electric Vehicle Market Volume Thousand Units Forecast, by Component 2018 & 2031
  53. Table 53: Global Electric Vehicle Market Revenue USD Billion Forecast, by Country 2018 & 2031
  54. Table 54: Global Electric Vehicle Market Volume Thousand Units Forecast, by Country 2018 & 2031
  55. Table 55: U.K. Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  56. Table 56: U.K. Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  57. Table 57: Germany Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  58. Table 58: Germany Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  59. Table 59: France Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  60. Table 60: France Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  61. Table 61: Rest of Europe Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  62. Table 62: Rest of Europe Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  63. Table 63: Global Electric Vehicle Market Revenue USD Billion Forecast, by Vehicle Type 2018 & 2031
  64. Table 64: Global Electric Vehicle Market Volume Thousand Units Forecast, by Vehicle Type 2018 & 2031
  65. Table 65: Global Electric Vehicle Market Revenue USD Billion Forecast, by Propulsion Type 2018 & 2031
  66. Table 66: Global Electric Vehicle Market Volume Thousand Units Forecast, by Propulsion Type 2018 & 2031
  67. Table 67: Global Electric Vehicle Market Revenue USD Billion Forecast, by Drive Type 2018 & 2031
  68. Table 68: Global Electric Vehicle Market Volume Thousand Units Forecast, by Drive Type 2018 & 2031
  69. Table 69: Global Electric Vehicle Market Revenue USD Billion Forecast, by Range 2018 & 2031
  70. Table 70: Global Electric Vehicle Market Volume Thousand Units Forecast, by Range 2018 & 2031
  71. Table 71: Global Electric Vehicle Market Revenue USD Billion Forecast, by Component 2018 & 2031
  72. Table 72: Global Electric Vehicle Market Volume Thousand Units Forecast, by Component 2018 & 2031
  73. Table 73: Global Electric Vehicle Market Revenue USD Billion Forecast, by Country 2018 & 2031
  74. Table 74: Global Electric Vehicle Market Volume Thousand Units Forecast, by Country 2018 & 2031
  75. Table 75: China Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  76. Table 76: China Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  77. Table 77: India Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  78. Table 78: India Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  79. Table 79: Japan Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  80. Table 80: Japan Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  81. Table 81: Rest of Asia Pacific Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  82. Table 82: Rest of Asia Pacific Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  83. Table 83: Global Electric Vehicle Market Revenue USD Billion Forecast, by Vehicle Type 2018 & 2031
  84. Table 84: Global Electric Vehicle Market Volume Thousand Units Forecast, by Vehicle Type 2018 & 2031
  85. Table 85: Global Electric Vehicle Market Revenue USD Billion Forecast, by Propulsion Type 2018 & 2031
  86. Table 86: Global Electric Vehicle Market Volume Thousand Units Forecast, by Propulsion Type 2018 & 2031
  87. Table 87: Global Electric Vehicle Market Revenue USD Billion Forecast, by Drive Type 2018 & 2031
  88. Table 88: Global Electric Vehicle Market Volume Thousand Units Forecast, by Drive Type 2018 & 2031
  89. Table 89: Global Electric Vehicle Market Revenue USD Billion Forecast, by Range 2018 & 2031
  90. Table 90: Global Electric Vehicle Market Volume Thousand Units Forecast, by Range 2018 & 2031
  91. Table 91: Global Electric Vehicle Market Revenue USD Billion Forecast, by Component 2018 & 2031
  92. Table 92: Global Electric Vehicle Market Volume Thousand Units Forecast, by Component 2018 & 2031
  93. Table 93: Global Electric Vehicle Market Revenue USD Billion Forecast, by Country 2018 & 2031
  94. Table 94: Global Electric Vehicle Market Volume Thousand Units Forecast, by Country 2018 & 2031
  95. Table 95: Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  96. Table 96: Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  97. Table 97: Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  98. Table 98: Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  99. Table 99: Global Electric Vehicle Market Revenue USD Billion Forecast, by Vehicle Type 2018 & 2031
  100. Table 100: Global Electric Vehicle Market Volume Thousand Units Forecast, by Vehicle Type 2018 & 2031
  101. Table 101: Global Electric Vehicle Market Revenue USD Billion Forecast, by Propulsion Type 2018 & 2031
  102. Table 102: Global Electric Vehicle Market Volume Thousand Units Forecast, by Propulsion Type 2018 & 2031
  103. Table 103: Global Electric Vehicle Market Revenue USD Billion Forecast, by Drive Type 2018 & 2031
  104. Table 104: Global Electric Vehicle Market Volume Thousand Units Forecast, by Drive Type 2018 & 2031
  105. Table 105: Global Electric Vehicle Market Revenue USD Billion Forecast, by Range 2018 & 2031
  106. Table 106: Global Electric Vehicle Market Volume Thousand Units Forecast, by Range 2018 & 2031
  107. Table 107: Global Electric Vehicle Market Revenue USD Billion Forecast, by Component 2018 & 2031
  108. Table 108: Global Electric Vehicle Market Volume Thousand Units Forecast, by Component 2018 & 2031
  109. Table 109: Global Electric Vehicle Market Revenue USD Billion Forecast, by Country 2018 & 2031
  110. Table 110: Global Electric Vehicle Market Volume Thousand Units Forecast, by Country 2018 & 2031
  111. Table 111: Middle East Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  112. Table 112: Middle East Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  113. Table 113: Africa Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  114. Table 114: Africa Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  115. Table 115: Global Electric Vehicle Market Revenue USD Billion Forecast, by Vehicle Type 2018 & 2031
  116. Table 116: Global Electric Vehicle Market Volume Thousand Units Forecast, by Vehicle Type 2018 & 2031
  117. Table 117: Global Electric Vehicle Market Revenue USD Billion Forecast, by Propulsion Type 2018 & 2031
  118. Table 118: Global Electric Vehicle Market Volume Thousand Units Forecast, by Propulsion Type 2018 & 2031
  119. Table 119: Global Electric Vehicle Market Revenue USD Billion Forecast, by Drive Type 2018 & 2031
  120. Table 120: Global Electric Vehicle Market Volume Thousand Units Forecast, by Drive Type 2018 & 2031
  121. Table 121: Global Electric Vehicle Market Revenue USD Billion Forecast, by Range 2018 & 2031
  122. Table 122: Global Electric Vehicle Market Volume Thousand Units Forecast, by Range 2018 & 2031
  123. Table 123: Global Electric Vehicle Market Revenue USD Billion Forecast, by Component 2018 & 2031
  124. Table 124: Global Electric Vehicle Market Volume Thousand Units Forecast, by Component 2018 & 2031
  125. Table 125: Global Electric Vehicle Market Revenue USD Billion Forecast, by Country 2018 & 2031
  126. Table 126: Global Electric Vehicle Market Volume Thousand Units Forecast, by Country 2018 & 2031
  127. Table 127: Brazil Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  128. Table 128: Brazil Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  129. Table 129: Argentina Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  130. Table 130: Argentina Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  131. Table 131: Rest of South America Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  132. Table 132: Rest of South America Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  133. Table 133: Global Electric Vehicle Market Revenue USD Billion Forecast, by Vehicle Type 2018 & 2031
  134. Table 134: Global Electric Vehicle Market Volume Thousand Units Forecast, by Vehicle Type 2018 & 2031
  135. Table 135: Global Electric Vehicle Market Revenue USD Billion Forecast, by Propulsion Type 2018 & 2031
  136. Table 136: Global Electric Vehicle Market Volume Thousand Units Forecast, by Propulsion Type 2018 & 2031
  137. Table 137: Global Electric Vehicle Market Revenue USD Billion Forecast, by Drive Type 2018 & 2031
  138. Table 138: Global Electric Vehicle Market Volume Thousand Units Forecast, by Drive Type 2018 & 2031
  139. Table 139: Global Electric Vehicle Market Revenue USD Billion Forecast, by Range 2018 & 2031
  140. Table 140: Global Electric Vehicle Market Volume Thousand Units Forecast, by Range 2018 & 2031
  141. Table 141: Global Electric Vehicle Market Revenue USD Billion Forecast, by Component 2018 & 2031
  142. Table 142: Global Electric Vehicle Market Volume Thousand Units Forecast, by Component 2018 & 2031
  143. Table 143: Global Electric Vehicle Market Revenue USD Billion Forecast, by Country 2018 & 2031
  144. Table 144: Global Electric Vehicle Market Volume Thousand Units Forecast, by Country 2018 & 2031
  145. Table 145: U.S. Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  146. Table 146: U.S. Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  147. Table 147: Canada Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  148. Table 148: Canada Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  149. Table 149: Mexico Electric Vehicle Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  150. Table 150: Mexico Electric Vehicle Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 17.8% from 2018-2032
Segmentation
    • By Vehicle Type
      • Passenger Car
      • Commercial Vehicle
    • By Propulsion Type
      • Battery Electric Vehicle (BEV
    • By Drive Type
      • All Wheel Drive
      • Front Wheel Drive
      • Rear Wheel Drive
    • By Range
      • Up to 150 Miles
      • 151-300 Miles
      • Above 300 Miles
    • By Component
      • Battery Pack & High Voltage Component
      • Motor
      • Brake
      • Wheel & Suspension
      • Body & Chassis
      • Low Voltage Electric Component
  • By Geography
    • North America
      • U.S.
      • Canada
      • Mexico

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.

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