Passenger vehicles are the most common mode of conveyance in the developed countries and they are increasing in numbers in the developing countries as well due to increasing per capita income.
Growing global pressure on major economies and developing countries to reduce the carbon footprint is one of the primary factors for the adoption of electric vehicles. Rising awareness among the population towards the rising emission from gasoline vehicles and its affect on health and environments are some of the major factors driving the growth of electric passenger vehicle market. Moreover, cost reductions in batteries, favorable policy support, advanced technological progress and developed infrastructure availability propels the growth of global electric vehicles market. Additionally, government campaigns for consumer awareness to inform them about the benefits of electric vehicles and about the incentive programs of the government are also supporting the rising demand for electric passenger vehicles. Robust research and development activities and consumer awareness campaigns will shore up the global electric passenger vehicles market.
In 2019, the market size of Electric Passenger Vehicles is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electric Passenger Vehicles.
This report studies the global market size of Electric Passenger Vehicles, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Electric Passenger Vehicles production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Nissan Motor
BMW
General Motors
The Geely Group
Volkswagen
Ford Motors
Mitsubishi
Polaris
Ingersoll Rand
Mercedes-Benz
Market Segment by Product Type
Hybrid Cars
Plug-in Hybrid Cars
Battery Electric Vehicles
Market Segment by Application
Tourism
Transportation
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Electric Passenger Vehicles status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Electric Passenger Vehicles manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Electric Passenger Vehicles are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Electric Passenger Vehicles. Industry analysis & Market Report on Electric Passenger Vehicles is a syndicated market report, published as Global (United States, European Union and China) Electric Passenger Vehicles Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Electric Passenger Vehicles market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.