Global Electric Passenger Cars Market Research Report (2021 to 2027) - by Vehicle Type, Product, Driving Range and Region - ResearchAndMarkets.com

DUBLIN--()--The "Electric Passenger Cars Market Research Report by Vehicle Type, by Product, by Driving Range, by Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Electric Passenger Cars Market size was estimated at USD 122.37 billion in 2020, is expected to reach USD 130.68 billion in 2021, and is projected to grow at a CAGR of 7.50% to reach USD 203.11 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Electric Passenger Cars Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Electric Passenger Cars Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Electric Passenger Cars Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Electric Passenger Cars Market?

4. What is the competitive strategic window for opportunities in the Global Electric Passenger Cars Market?

5. What are the technology trends and regulatory frameworks in the Global Electric Passenger Cars Market?

6. What is the market share of the leading vendors in the Global Electric Passenger Cars Market?

7. What modes and strategic moves are considered suitable for entering the Global Electric Passenger Cars Market?

Market Dynamics

Drivers

  • Growing Demand for Fuel-Efficient, High-Performance, and Low Emission Vehicles
  • Reducing the Cost of Electric Vehicles Batteries
  • Stringent Government Rules and Regulations Towards Vehicle Emission

Restraints

  • Lack of Electric Vehicles Charging Infrastructure

Opportunities

  • Increasing Investments by Governments to Develop Electric Vehicles Charging Stations and Hydrogen Fueling Stations
  • Gaining Popularity Owing to Numerous Technological Advancements

Challenges

  • High Costs Involved in Initial Investments

Companies Mentioned

  • Audi AG
  • BMW AG
  • BYD Company Ltd.
  • Daimler AG
  • Ford Motor Company
  • Hyundai Motor Company
  • Karma Automotive LLC
  • Kia Corporation
  • Lucid Group, Inc.
  • Mahindra Electric Mobility Limited
  • Mitsubishi Motors Corporation
  • Nissan Motor Co., Ltd.
  • Rivian, LLC
  • SAIC Motor Corporation Limited
  • Tesla, Inc.
  • Toyota Motor Corporation
  • Volkswagen AG

For more information about this report visit https://www.researchandmarkets.com/r/z2dejm

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900