Global Electric Vehicle Market Assessment 2018-2020 and Forecast to 2027: Impact of COVID-19 –

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The “Electric Vehicle – Global Market Outlook (2019-2027)” report has been added to’s offering.

The Global Electric Vehicle market accounted for $162.34 billion in 2019 and is expected to reach $716.87 billion by 2027, growing at a CAGR of 20.4% during the forecast period.

Some of the key factors propelling market growth include favourable government policies and subsidies, growing concerns over environmental pollution, demand for increased vehicle range per charge, rapidly increasing sales of electric vehicles, and rising fuel prices will boost the demand for electric vehicles. However, lack of standardization of charging infrastructure is likely to hamper the market.

By propulsion type, plug-in hybrid electric vehicle segment is projected to witness the lucrative growth during the forecast period, due to the growing infrastructure of electric vehicle charging stations globally. This upsurge is due to the initiatives taken by the government of developing countries such as India and China to promote the usage of electric vehicles. Furthermore, companies such as Volkswagen Group are focusing on increasing its plug-in electric car sales.

On the basis of geography, The Asia Pacific market is expected to witness the significant growth, during the forecast period, due to increasing demand for reducing carbon emission and developing. The automotive industry in countries such as China, Japan and South Korea is inclined toward innovation, technology, and development of advanced electric vehicle. More advanced and fast charging stations are expected to propel the growth of electric vehicle. BYD, BAIC, Chery and SAIC among others are some of the key players in the Asia Pacific electric vehicle market.

Some of the key players in electric vehicle market include Energica Motor Company S.P.A, Ford Motors, General Motors Company, Volvo, Honda Motor Company Ltd, Nissan Motors Co. Ltd., Tesla, Inc., Toyota Motor Corporation, Hyundai, Bayerische Motoren Werke AG (BMW), BYD Company Limited, Daimler AG, Continental, Volkswagen AG, Geely Automobile Holding Limited, Groupe Renault, Mitsubishi Motors Corporation, Jiangling Motors Corporation Limited, Lucid Motors, Inc., and Zotye International Automobile Trading Co. Ltd.

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company Profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered 

1 Executive Summary 

2 Preface 

3 Market Trend Analysis 

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Technology Analysis

3.7 Application Analysis

3.8 Emerging Markets

3.9 Impact of COVID-19

4 Porters Five Force Analysis 

5 Global Electric Vehicle Market, By Propulsion Type 

5.1 Introduction

5.2 Plug-in hybrid electric vehicle (PHEV)

5.3 Hybrid electric vehicle (HEV)

5.4 Battery electric vehicle (BEV)

5.5 Fuel cell electric vehicle (FCEV)

6 Global Electric Vehicle Market, By Battery Technology 

6.1 Introduction

6.2 Lithium-Ion

6.3 Lead-Acid

6.4 Nickel Metal Hydride

6.5 Solid State

6.6 Metal-Air

6.7 Lithium-Sulfur

6.8 Flash Cell

6.9 Sodium Nickel Chloride

7 Global Electric Vehicle Market, By Vehicle Type 

7.1 Introduction

7.2 Commercial Vehicles

7.2.1 Trucks

7.2.2 Buses

7.3 Two wheelers

7.4 Passenger Cars

7.4.1 Mid-range Car

7.4.2 Small Car

7.4.3 Sport Utility Vehicle (SUV)

7.4.4 Crossover Utility Vehicle (CUV)

8 Global Electric Vehicle Market, By Plug-in EVSE 

8.1 Introduction

8.2 Power Supply Range

8.2.1 Level 1

8.2.2 Level 2

8.2.3 Level 3

8.3 Deployment

8.3.1 Commercial

8.3.2 Residential

9 Global Electric Vehicle Market, By Charging Station Type 

9.1 Introduction

9.2 Super Charging

9.3 Normal Charging

10 Global Electric Vehicle Market, By Material 

10.1 Introduction

10.2 Conductive

10.3 Semiconductor

10.4 Substrate

10.5 Dielectric

11 Global Electric Vehicle Market, By Light Weighting Material 

11.1 Introduction

11.2 Aluminum

11.3 Steel

11.4 High Strength Steel

11.5 Carbon Fiber Reinforced Polymer (CFRP)

12 Global Electric Vehicle Market, By High Power Electronics 

12.1 Introduction

12.2 Insulated-gate Bipolar Transistor (IGBT)

12.3 Silicon Carbide (SiC)

12.4 Gallium Nitride (GaN)

13 Global Electric Vehicle Market, By Component 

13.1 Introduction

13.2 Infotainment System

13.2.1 Head Up Display System

13.2.2 Navigation, Information and Communication

13.2.3 Rear Seat Entertainment

13.2.4 Multimedia System

13.3 Electric Motor

13.4 Battery Cells & Packs

13.5 On-Board Charger

13.6 Electric Engine

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