The global Electric Vehicles (EVs) market size reached USD 238.67 Billion in 2021 and is expected to register a revenue CAGR of 22.2% during the forecast period, according to latest analysis by Emergen Research. Increasing need for reducing dependency on imported oil and other fossil fuels is a major factor creating higher demand for EVs and thus, driving market revenue growth.
The Electric Vehicles Market research also offers a futuristic picture of the entire Electric Vehicles industry by summarising the important company strategies, demand and supply ratios, leading regions, and well-known market players. An example of a 360-degree analysis of the global Electric Vehicles market, the market intelligence research provides information on the expected market size, share, growth trends, gross revenue, competitive landscape, well-known suppliers and consumers, available product categories, and end-use applications.
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The leading market contenders listed in the report are:
Volkswagen Group, Tesla Motors, BYD Company Ltd., Ford Motor Company, Nissan Motor Company, Toyota Motor Corporation, Daimler AG, BMW, Mitsubishi Motors Corporation and Hyundai
The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the Electric Vehicles market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Emergen Research has segmented the global EVs market on the basis of product, vehicle type, vehicle class, top speed, vehicle drive, charging station, and region:
Product Outlook (Revenue, USD Million; 2019–2030)
- Battery Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle
Vehicle Type Outlook (Revenue, USD Million; 2019–2030)
- Commercial Vehicles
- Passenger Cars
Vehicle Class Outlook (Revenue, USD Million; 2019–2030)
- Mid-priced
- Luxury
Top Speed Outlook (Revenue, USD Million; 2019–2030)
- Less Than 125 MPH
- More Than 125 MPH
Vehicle Drive Outlook (Revenue, USD Million; 2019–2030)
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
Charging Station Outlook (Revenue, USD Million; 2019–2030)
- Level 1
- Level 2
- Level 3
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global Electric Vehicles Market report:
- The latest report comprehensively studies the global Electric Vehicles market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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