Monday, November 27, 2017

Electric Vehicle Market worth 5.76 Million Units by 2021, Key dynamics, Market Opportunities, Expert view on future analysis, Insights of Industry Experts, Key Trends 2017

The report "Electric Vehicle Market by EV battery Cost, EV Components (Battery, On-Board Charger), Propulsion (BEV, PHEV, HEV, FCEV), Recharging Station (Normal & Super Charging), Govt. Regulation (EV Subsidies, EV Tax Rebates) and Region - Global Forecast to 2021", Global electric vehicle sales are projected to grow at a CAGR of 20.68% from 2016 to 2021, to reach 5.76 million units by 2021.


Browse 107 market data tables and 75 figures spread through 205 pages and in-depth TOC on “Electric Vehicle Market by EV battery Cost, EV Components (Battery, On-Board Charger), Propulsion (BEV, PHEV, HEV, FCEV), Recharging Station (Normal & Super Charging), Govt. Regulation (EV Subsidies, EV Tax Rebates) and Region - Global Forecast to 2021”



Global Electric Vehicle (EV) sales are projected to grow at a CAGR of 20.68% during the forecast period, to reach 5.76 Million units by 2021, from an estimated 2.25 Million units in 2016. Government support in form of subsidies, grants, and tax rebates, improving charging infrastructure, increasing vehicle range and reducing EV battery cost has resulted in the growth in sales of EVs globally.

The BEV segment (zero emission vehicles) is set to register the highest growth rate in the Electric Vehicle Market, in comparison with HEVs and PHEVs, because of the availability of better subsidies and support from governments. Increasing vehicle range and improving charging infrastructure has further fueled the demand for BEVs. The Nissan Leaf, and Tesla model S are the most successful and highest selling BEV models in 2016. The growth of BEV sales is projected to continue during the forecast period because of decreasing battery prices, increasing environmental awareness among consumers, and decreasing charging time. It has been projected that the invention of super-fast chargers will enable EV to be fully charged in less than an hour.



Electric passenger car is the fastest developing segment in the global electric vehicle market. The growth can be attributed to the growing demand for fuel efficient vehicles, increasing environmental awareness among consumers, competitive pricing in comparison to the ICE passenger cars. The growing support from governments in China, Japan France, Norway and the U.S., and the OEM’s efforts to improve the existing EVs models would drive the sales of EV passenger cars during the projection period. Major OEMs have also announced the launch of an EV variant of their most successful IC (internal combustion) engine models.

The Asia-Pacific region is the major market for automotive EVs. Japan is the largest market, followed closely by China and the U.S., because of government support, and the obtainability of strong charging infrastructure. The alarming pollution levels in these countries have forced their governments to announce various kind of financial and non-financial benefits to promote the sales of EVs.



Target Audience :
  • EV manufacturers
  • EV component manufacturers
  • EV battery manufacturers
  • EV infrastructure providers (Charging station manufacturers)

Scope of the Report : 
  • By Propulsion Technology
  • BEV
  • PHEV
  • HEV
  • FCEV

  • By EV Regulations
  • Battery Treatment Regulations
  • Safety Regulations
  • Subsidies And Taxes

  • By Vehicle Type
  • Passenger Car
  • Commercial Vehicle

  • By Future Technology
  • Battery Cost
  • EV Range
  • Battery Charging Time

  • By Re-Charging Stations Type
  • Normal Charging
  • Super Charging

  • By EV Component Type
  • Battery Cells And Pack
  • Lithium-Ion Battery
  • Nickel–Metal Hydride (Ni-Mh) Battery
  • Fuel Cell Battery
  • On-Board Charger
  • Infotainment System
  • Instrument Cluster

  • By Region
  • Asia–Pacific
  • China
  • India
  • Japan
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Sweden
  • Denmark
  • The Netherlands
  • Norway

Available Customizations :
  • Electric Vehicle Market, By vehicle type at country level
  • Electric Vehicle Market, By Charging infrastructure type at country level
  • Company Information
  • Profiling Of Additional Market Players (Up to 3)





The most important market players in the global electric vehicle market are Tesla Motors Inc. (U.S.), Nissan Motor Corporation (Japan), BYD Company Limited (China), LG Chem. (South Korea), Panasonic Corporation (Japan), Delphi Automotive (U.K.), Samsung SDI (South Korea), Automotive Energy Supply Corporation (Japan) and Car Charging Group (U.S.), and Charge Point Inc. (U.S.).

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