DUBLIN--(BUSINESS WIRE)--The "Global Electric Vehicle (EV) Market (Value, Volume) - Analysis By Product Type (BEV, PHEV), Vehicle Type (2W and 3W, PV, CV), By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)" report has been added to ResearchAndMarkets.com's offering.
The global electric vehicle (EV) market was valued at USD 169.95 Billion in the year 2020.
Companies Profiled
- Tesla, Inc.
- Volkswagen AG
- BYD Company Limited
- BMW AG
- Daimler AG
- Renault S.A.
- General Motors Company
- AB Volvo
- Ford Motor Company
- Nissan Motor Co., Ltd
Growth in the Electric Vehicles Market is mainly driven by growing environmental concerns and the active steps taken by various governments towards zero emission laws, thereby reducing the carbon emissions in the environment. Increasing two and three wheeler demand is expected to boost the demand of Electric Vehicles (EVs) but the demand is offset by the slow adaptation in leading countries like Japan.
Additionally, the growing efforts by companies to boost production, expansion of electric vehicle infrastructure along with charging points are projected to further drive the market growth. Moreover, rising expenditure by the government, carbon emission regulation policies and investments by leading OEMs is boosting the need for Electric Vehicles (EVs) in the industry, which is, in turn, driving the market demand.
The outbreak of the COVID-19 has affected the global economy of various sectors, including the oil & gas, manufacturing, automotive, and power generation industries in multiple ways. With the new government guidelines during the COVID-19 outbreak, there was a temporary suspension of the production units during the initial days of the lockdown. This led to disruptions in the production facilities and global supply chains as the electric vehicles manufacturers had to make certain adjustments with the volume of production because of the excess inventory which was left idle. Governments started offering subsidies for purchase of Electric Vehicles which was a major push for the market.
Manufacturers in the electric vehicles market are keen on producing zero emission electric driven vehicles that are tailored for reducing the greenhouse gases in the environment. Top players in the market have ramped up their research and development efforts to cater to specialized needs of the market. Such a strategy might help catapult them to a highly competitive pedestal in near future.
Scope of the Report:
- The report analyses the Electric Vehicles Market by value (USD Billion).
- The report analyses the Electric Vehicles Market by volume (Billion Units).
- The report presents the analysis of Electric Vehicles market for the historical period of 2016-2020 and the forecast period of 2021-2026.
- The report analyses the Electric Vehicles Market by Propulsion Type (Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle).
- The report analyses the Electric Vehicles Market by Vehicle Type (2/3-wheelers, Passenger Cars and Commercial Vehicles).
- The Global Electric Vehicles Market has been analysed By Region (North America, Europe, Asia Pacific, LALAMEA).
- The Global Electric Vehicles (EV) Market has been analysed By Country (United States, Canada, Germany, France, United Kingdom, Netherlands, Norway, China, Japan, India and South Korea).
- The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by Propulsion Type, by Vehicle Type.
- Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
Key Topics Covered:
1. Report Scope and Methodology
2. Strategic Recommendations
3. Electric Vehicle (EV) Market: Propulsion Overview
4. Global Electric Vehicle (EV) Market: An Analysis
4.1 Market Size, By Value, Year 2016-2026
4.2 Market Size, By Volume, Year 2016-2026
4.3 Impact of COVID-19 on Electric Vehicle (EV) Market
4.4 Global Electric Vehicles Market: Growth & Forecast
5. Global Electric Vehicles Market Segmentation, By Propulsion Type (Value)
6. Global Electric Vehicles Market Segmentation, By Vehicle Type (Value)
7. Global Electric Vehicles Market: Regional Analysis
8. North America Electric Vehicles Market: An Analysis (2016-2026)
9. Europe Electric Vehicles Market: An Analysis (2016-2026)
10. Asia Pacific Electric Vehicles Market: An Analysis (2016-2026)
11. Global Electric Vehicles Market Dynamics
11.1 Global Electric Vehicles Market Drivers
11.2 Global Electric Vehicles Market Restraints
11.3 Global Electric Vehicles Market Trends
12. Market Attractiveness and Strategic Analysis
13. Competitive Landscape
13.1 Market Share of global leading companies
13.2 Global major electric vehicles producers
13.3 SWOT Analysis- Global Electric Vehicles Market
13.4 Porter Five Force Analysis- Global Electric Vehicles Market
14. Global Electric Vehicles Market: Merger & Acquisitions
15. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/j97ni7
