Electric Vehicle Market Expected to Behold a CAGR of 19.71% through 2023

June 15, 2018 | Author: | Posted in Business, Marketing

Industry Outlook and Trend Analysis:
The Electric Vehicles Market was worth USD 72.23 billion in 2014 and is expected to reach approximately USD 364.67 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 19.71% during the forecast period.

Electric vehicles are thought to be the vehicles without bounds and are very liable to make regular vehicles obsolete. The development of electric vehicles is attributed to the ever increasing generation and sales of automobiles.

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Vehicle Type Outlook and Trend Analysis:
On the basis of vehicle type the market is segmented into Commercial Vehicles, Two Wheelers, Passenger Cars and others.Electric passenger car is the quickest developing fragment in the worldwide electric vehicle market.

Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions

4.1.North America (United States, Canada and Mexico)
4.1.1.United States Market States and Outlook (2014-2023)
4.1.2.Canada Market States and Outlook (2014-2023)
4.1.3.Mexico Market States and Outlook (2014-2023)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1.Germany Market States and Outlook (2014-2023)
4.2.2.France Market States and Outlook (2014-2023)
4.2.3.UK Market States and Outlook (2014-2023)
4.2.4.Russia Market States and Outlook (2014-2023)
4.2.5.Italy Market States and Outlook (2014-2023)
4.2.6.Rest of Europe Market States and Outlook (2014-2023)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1.China Market States and Outlook (2014-2023)
4.3.2.Japan Market States and Outlook (2014-2023)
4.3.3.Korea Market States and Outlook (2014-2023)
4.3.4.India Market States and Outlook (2014-2023)
4.3.5.Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1.Brazil Market States and Outlook (2014-2023)
4.4.2.Argentina Market States and Outlook (2014-2023)
4.4.3.Columbia Market States and Outlook (2014-2023)
4.4.4.Rest of South America Market States and Outlook (2014-2023)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1.Saudi Arabia Market States and Outlook (2014-2023)
4.5.2.UAE Market States and Outlook (2014-2023)
4.5.3.Egypt Market States and Outlook (2014-2023)
4.5.4.Nigeria Market States and Outlook (2014-2023)
4.5.5.South Africa Market States and Outlook (2014-2023)
4.5.6.Rest of MEA Market States and Outlook (2014-2023)

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Power train Outlook and Trend Analysis:
Parallel hybrid systems have both an an electric motor and an internal combustion engine that can both exclusively drive the auto or both coupled up mutually giving drive. This makes them more productive in urban unpredictable conditions.

The Electric Vehicle market is segmented as follows-
By Technology:
Battery Electric Vehicles
Hybrid Electric Vehicles
Plug-In Hybrid Electric Vehicles

By Power Source:
On Board Electric Generator
Stored Electricity

By Vehicle Type:
Two Wheelers
Passenger Cars
Commercial Vehicles

By Powertrain:
Combined Hybrid
Series Hybrid
Parallel Hybrid

Competitive Insights:
The leading players in the market are Mitsubishi Motors Corporation, Groupe Renault, Daimler AG, General Motors Company, Volkswagen AG, Honda Motor Co., Ltd., Ford Motor Company, Nissan Motor Corporation Ltd and Toyota Motor Corporation.

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About Crystal Market Research:
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