Page 1

Electric Vehicles Market will experience the highest growth rate of 19.71% during the given forecast period 2018 - 2023

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 self-moving transportation machines for passengers and products using the power that is stored in the batteries by means of electric engines or with the assistance of both interior combustion engine and electric engines working in tandem. 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. Vehicles have become an increasingly affordable commodity due to the rising discretionary incomes across the world.

Get Sample Copy of This Report @ https://www.crystalmarketresearch.com/reportsample/AT03653 .

1|Page


Technology Outlook and Trend Analysis: On the basis of technology the market is segmented into Plug-In Hybrid Electric Vehicles, Hybrid Electric Vehicles and Battery Electric Vehicles. Plug-in hybrid electric vehicles– ordinarily known as PHEVs– are most favourable as they combine a gas or diesel motor with an electric engine and a huge rechargeable battery. Dissimilar to traditional hybrids, PHEVS can be connected to and revived from an outlet, enabling them to drive expanded separations using only electricity.

Power Source outlook and Trend Analysis: Based on power source the market is segmented into On Board Electric Generator and Stored Electricity. The electric vehicles make use of stored electricity in a battery pack to provide power to an electric engine and turn the wheels. Whenever drained, the batteries are revived by using grid electricity, either from a dedicated charging unit or a wall socket.

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. The development can be credited to the developing interest for fuel productive vehicles, expanding ecological awareness among buyers, aggressive estimating in contrast with the ICE passenger cars.

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 was

2|Page


the most widely recognized hybrid system in 2016.Parallel hybrids depend more on regenerative braking and the ICE can likewise go about as a generator for supplemental recharging. This makes them more productive in urban unpredictable conditions.

Browse Full Report @ https://www.crystalmarketresearch.com/report/electric-vehiclemarket .

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)

3|Page


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)

Regional Outlook and Trend Analysis: The Asia-Pacific is the biggest market for EVs because of support from the government, tax rebates and subsidies and persistently enhancing charging framework in nations, for example, Japan and China. The administrations in both the significant markets i.e. Japan and China give sponsorships and other non-money related advantages, for example, access to number plate, car pool lane access, and street impose exclusions for EV users.

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

4|Page


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.

‌..Continued

5|Page


Make an Inquiry @ https://www.crystalmarketresearch.com/send-an-enquiry/AT03653 .

About Crystal Market Research: Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contact Us: Judy 304 South Jones Blvd, Suite 1896, Las Vegas NV 89107, United States Toll Free: +1-888-213-4282 Email: sales@crystalmarketresearch.com

6|Page

Electric vehicle market by tehnology, power source, vehicle type and powertrain global industry anal  

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 re...

Electric vehicle market by tehnology, power source, vehicle type and powertrain global industry anal  

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 re...

Advertisement