Showing posts with label Automotive Industry. Show all posts
Showing posts with label Automotive Industry. Show all posts

Monday, December 18, 2017

Paint Market | by Vehicle Type | Technology | Content | Insights of Industry Experts | Key Trends 2018 | Global Forecast to 2020

Paint Market Automotive by Vehicle Type, Coat (Electrocoat, Primer, Basecoat, Clearcoat), Technology (Solvent & Waterborne, Powder Coating), Texture (Solid & Metallic), Content (Electrocoat, Solvent & Waterborne-Base & Clearcoats), & by Region – Global Forecast to 2020


Paint Market |  by Vehicle Type | Technology | Content | Insights of Industry Experts | Key Trends 2018 | Global Forecast to 2020

Automotive paints Market are transforming in the market in terms of their technologies and have evolved according to the performance requirements of vehicle applications from traditional conventional (solvent-borne) paint to the latest waterborne and powder coatings. Based on the available technologies in the market, this report covers qualitative and quantitative market sizing and forecasting till 2020 for the paints marketplace for key countries in Asia-Oceania, Europe, North America, and Rest of the World (RoW). The marketplace has been projected till 2020 by automotive coat type, by content type, by texture type, and by region.



Browse 70 market data tables and 72 figures spread through 165 pages and in-depth TOC on “Paint Market by Vehicle Type, Coat (Electrocoat, Primer, Basecoat, Clearcoat), Technology (Solvent & Waterborne, Powder Coating), Texture (Solid & Metallic), Content (Electrocoat, Solvent & Waterborne-Base & Clearcoats), & by Region - Forecast to 2020"



New technologies such as waterborne coatings and powder coatings are slowly gaining preference over conventional solvent-borne paints. The major reasons for this shift in preference is the low VOC content of paints using these technologies and the growing environmental concerns in terms of emissions from these paints. OEMs are also adopting efficient technologies to comply with various regional emission norms in developed economies. Increasing vehicle production and growing demands for carbon footprint technologies have driven the growth of the global automotive paints marketplace. However, fluctuating raw material prices and low-adoption rates of eco-friendly coatings in high-volume markets have restrained the growth of the automotive paints market.



Manufacturers of paints are striving to offer cost-efficient explanations without compromising on the presentation of the paints through their product offerings. Suppliers are concentrating on globalization and developing products to comply with the emission norms and remain inexpensive in the market. For this purpose, Tier-1 suppliers and OEMs are partnering to develop new technologies to save development costs and offer efficient technologies in the paints market. The major players in the automotive paints market identified include PPG Industries, Inc. (U.S.), Axalta Coating Systems LLC (U.S.), Kansai Paint Co. Ltd. (Japan), BASF SE (Germany), Nippon Paint Holdings Co. Ltd. (Japan), Arkema SA (France), Bayer AG (Germany), and AkzoNobel N.V. (The Netherlands).



The paints market for metallic paints will see a steady growth in the coming years as the demand for metallic finish is on a steady rise given the attractive glossy finish offered by these paints. In developed regions such as Europe and North America, metallic paints are used widely even for heavy commercial vehicles along with passenger cars and light commercial vehicles; whereas, in the Asia-Oceania region, solid paints are preferred as heavy commercial paints.
The global paints market is dominated by many international as well as local players; some of them being PPG Industries, Inc. (U.S.), Axalta Coating Systems LLC (U.S.), Kansai Paint Co. Ltd. (Japan), Arkema SA (France), BASF SE (Germany), and Nippon Paint Holdings Co. Ltd. (Japan).



Top 4 Countries to Generate Around Majority of the Automotive OE Oil & Fuel Filters Market Size, By Value, 2018–2020

Filter Market by Filter Type (Oil & Fuel), Fuel Type (Gasoline & Diesel), Vehicle Type (Passenger Car, LCV, HCV, & Off- Highway), Filter Media (Cellulose, Synthetic-Laminated, Pure glass), Market (OE & Aftermarket), & by Region - Global Forecast to 2020

Automotive engine technologies about the world are becoming progressively sophisticated, and providing clean oil and fuel to these complex engines is a critical task. Oil and fuel filters are an integral part of modern automobiles, as they not only purify oil and fuel, but play a key role in engine efficiency and emissions. Stringent emission and fuel efficiency norms enforced by governments and legislative bodies around the world have compelled automotive manufacturers to seek various methods to meet these standards, thereby driving the demand for automotive oil and fuel filters.



Browse 93 market tables and 73 figures spread through 208 pages and an in-depth TOC on “Filter Market by Filter Type (Oil & Fuel), Fuel Type (Gasoline & Diesel), Vehicle Type (Passenger Car, LCV, HCV, & Off- Highway), Filter Media (Cellulose, Synthetic-Laminated, Pure glass), Market (OE & Aftermarket), & by Region - Global Forecast to 2020”



The global automotive oil and fuel filter industry size is anticipated to reach $1,006.4 Million by 2020. The automotive oil and fuel filter OE industry is primarily driven by rising vehicle production levels and increasingly stringent emission regulations. Alternatively, demand for these filters in the after industry is triggered by the growing vehicle parc and increased vehicle miles travelled per year in all countries. Asia-Oceania is estimated to dominate the industry, accounting for a industry share of about 46% in 2015. China is the key contributor to the oil and fuel filter industry in the Asia-Oceania region. The North American automotive oil and fuel filter industry is projected to grow at the highest CAGR that is, 7.98% from 2015 to 2020. The European region is witnessing steady growth and is projected to grow at CAGR of 6.27% for the period under study.

The oil and fuel filter after industry is estimated to be dominated by diesel oil and fuel filters, with this industry estimated to grow at a higher CAGR than the gasoline oil and fuel filter industry. The primary reason for this trend is the short service life of diesel filters compared to gasoline filters. As of 2015, the share of replacement (afterindustry) oil and fuel filter in terms of value is estimated to be around 66% of the global automotive oil and fuel filter afterindustry.  Filter manufacturers are currently working towards developing filters with increased service life of up to 30,000 kms.



The industry for automotive oil and fuel filters based on filter type (oil and fuel), fuel type (gasoline and diesel), industry type (OE and afterindustry), filter media (cellulose, synthetic & laminated, pure glass), vehicle type (passenger cars, LCVs, HCVs, and off-highway), and region (Asia-Oceania, Europe, North America and the Rest of the World). Key manufacturers in the automotive oil and fuel filter industry are Mann+Hummel (Germany), Affinia Group (U.S.), Ahlstrom Corporation (Finland), Cummins Inc. (U.S.), Sogefi SpA (Italy), Donaldson Co. Inc. (U.S.), Mahle GmbH (Germany), Clarcor Inc. (U.S.) and Denso Corp. (Japan).


Automotive Clutch Market | By type (Manual Transmission, AT, AMT & CVT) | by Geography – Global Forecast and Analysis to 2019

Clutch Market for Automotive by Transmission Type (Manual Transmission, AT, AMT & CVT), Clutch Disc/Clutch Plate Size (Below 9 Inches, 9 Inches to 10 Inches, 10 Inches to 11 Inches & 11 Inches and above), and by Geography – Global Forecast and Analysis to 2019

The clutch transmits engine power to the gearbox without interrupting the running of the engine, and enables continuous transmission while a gear is selected. In general terms, the wheels need to be disengaged from the engine in the event of stopping or braking of the vehicle. In order to connect the engine to transmission, clutches are used to smoothly engage a spinning crankshaft to a non-spinning transmission shaft.



A clutch thus provides a separable connection between engine and transmission. This report segments the market in terms of regions into Asia-Oceania, North America, Europe, and the Rest of the World (RoW). The market is further segmented by Transmission Type (Manual Transmission, AT, AMT, & CVT) and by Clutch Disc Size (below 9 inches, 9 to 10 inches, 10 to 11 inches, & 11 inches and above).

Browse 89 market data tables and 61 figures spread through 154 pages and in-depth TOC on “Clutch Market for Automotive by Transmission Type (Manual Transmission, AT, AMT & CVT), Clutch Disc/Clutch Plate Size (Below 9 Inches, 9 Inches to 10 Inches, 10 Inches to 11 Inches & 11 Inches and above), and by Geography - Forecast and Analysis to 2019”



The demand for automatic transmission vehicles as compared to vehicles with manual transmission is higher in the mature European market. The demand for automatic transmission systems is growing at a faster rate and also outnumbering the demand for manual transmission in the North American market and is growing considerably in Asia-Pacific, due to the increase in consumer purchasing power. China is expected to be the largest market for automotive clutch systems in the next five years. Countries such as India, the U.K., and the U.S. are expected to exhibit high growth rates with respect to the demand for automotive clutch systems from 2014 to 2019.

The automotive clutch market is dominated by various players, including manufacturers, component suppliers, and automotive clutch companies. The key companies operating in the automotive clutch market are ZF Friedrichshafen AG (Germany), BorgWarner Inc. (U.S.), Schaeffler AG (Germany), Valeo S.A. (France), and EXEDY Corporation (Japan), among others.



Scope of the Report
The report, global automotive clutch market covers the market by geography into Asia-Oceania, North America, Europe and Rest of the World. The market is further segmented by transmission type (Manual Transmission, Automatic Transmission, Automated Manual Transmission, and Continuously Variable Transmission) and by Clutch Disc size (Below 9 inches, 9 inches to 10 inches, 10 inches to 11 inches, and 11 inches and above). Market size in terms of volume is provided from 2012 to 2019 in thousand units, whereas the market size by value is provided in $Millions.

 



Emerging Opportunities in the Automotive CNG & LPG Vehicle Market | by Vehicle Type | Industry Trends & Global Forecasts to 2020

CNG & LPG Vehicle Market by Vehicle Type (Passenger Cars & Light Commercial Vehicles), Fuel Type (CNG & LPG), and by Geography (Asia-Pacific, Europe, Americas & ROW) - Industry Trends & Global Forecasts to 2020


CNG and LPG vehicles are an integral part of automobiles and play a key role in fuel efficiency, safety, comfort, and emission control. The growing of automotive CNG and LPG can be accredited to increasing use of substitute fuel in the automotive industry for cost effectiveness, fuel efficiency, and release control. CNG and LPG vehicles market is estimated to grow at a CAGR of 10.55% from 2015 to 2020. Asia-Pacific is estimated to be the largest market for CNG and LPG vehicles market. The region comprises countries such as China, India, and Thailand, which together account for two-thirds of the global population.





A large chunk of the population in the region establishes urban-based working youth with high disposable income. This is driving demand for such vehicles in the region. Europe is also a growing market for CNG and LPG vehicle, given the stringent Euro norms. The market is estimated to account for a share of ~48% by value of the global CNG and LPG vehicle market in 2015 and is projected to grow at a CAGR of 6.82% during the forecast period.  Germany and Italy are the key contributors to the European market.

Browse 93 tables and 88 figures spread through 191 Pages and in-depth TOC on "CNG & LPG Vehicle Market by Vehicle Type (Passenger Cars & Light Commercial Vehicles), Fuel Type (CNG & LPG), and Geography (Asia-Pacific, Europe, Americas & ROW) - Industry Trends & Forecasts to 2020"



Key drivers for the automotive CNG and LPG vehicle market include cost effectiveness, fuel efficiency, and stringent emission standards. However, factors such as demand for diesel, petrol vehicles due to low infrastructure of alternative fuel may limit the growth of the market. The forklift manufacturing industry relies on demand from the construction, manufacturing, and freight-handling industries. Consequently, the past few years have been a roller coaster for the industrial truck industry due to recession and currency fluctuations



Key players in CNG and LPG industrial truck are Toyota Industries (Japan), Crown Equipment Company (USA), Jungheinrich (Germany), Komatsu Limited (Japan), Nissan Motor Company (Japan), Manitou (France) and others. Major players of global automotive CNG and LPG vehicle market are Fiat Chrysler Automobiles NV (Italy), Ford Motors (U.S.), Suzuki Motor Corporation (Japan), Volkswagen (Germany), General Motors Company (U.S.), Honda Motor Company (Japan)



Target Audience
  • Governments and non-governmental agencies
  • CNG and LPG fuel distributors
  • OEMs
  • Fuel exploration and processing industries
  • CNG and LPG kit manufacturers
  • Fleet operators


Wednesday, November 29, 2017

Turbocharger Market worth 18.49 Billion USD by 2021, at a CAGR of 7.63%

The turbocharger market for automotive industry is projected to grow at a CAGR of 7.63% from 2016 to 2021, to reach a market size of USD 18.49 Billion by 2021. The major factors responsible for growth are demand for enhanced vehicle performance, engine downsizing making the vehicle lighter with improved fuel economy, and saving on fuel emissions thus achieving the emission targets set by government.




Gasoline turbochargers is the fastest growing segment globally, in terms of value and volume. Currently, the penetration of diesel turbochargers is more, however owing to stringent emission regulations the demand for gasoline turbochargers is increasing.  The gasoline turbochargers perform in higher temperature (up to 1050 degree Celsius) than diesel counterpart and manufactured from high end materials (alloys or composites). The leading player Honeywell Transportation Systems (U.S.) manufacture gasoline turbos namely mono-scroll 1.4L Opel Astra, V6 Ford EcoBoost, V8 twin-turbo BMW X-Series and twin-scroll 1.6L BMW.



“Agricultural tractors to be the largest application in off-highway turbochargers”
Agricultural tractors is anticipated to control the off-highway turbocharger market for automotive industry. Turbochargers in agricultural tractors allow machinery producers to accommodate greater power without increasing the size of the engine as bigger the engine, more will be the amount of emission involved. Also, with a constant rise in feasting, agricultural production has also been increasing prompting a growth in use of agricultural tractors. Many automotive turbocharger manufacturers, such as Honeywell International Inc. (U.S.) and Borg Warner Inc. (U.S.) cater to the off-highway turbocharger industry.

“Passenger car to be the fastest growing segment in the turbocharger aftermarket for automotive industry”
The passenger car segment is projected to grow at the highest CAGR during the forecast period. The growth of the automotive turbocharger aftermarket is predisposed by factors such as the increasing average life of vehicles, changing consumer preferences for greater power causing automobiles, and stringent emission guidelines in regions such as Europe and North America.



“Asia-Oceania to be the largest market for turbocharger in automotive industry”
Asia-Oceania is projected to dominate the turbocharger market for automotive industry, and is estimated to grow at the highest CAGR during the forecast period. Asia-Oceania have created promising opportunities for automobile producers and automotive product suppliers. OEMs in this region are not only catering to local demands, but are serving industrialized markets as well through exports. Also the rising pollution levels in this region has prompted the governments to inspire vehicles with lower emissions and higher fuel efficiency, stimulating the growth of turbocharger industry in this region. For instance, Indian emission norms such as Bharat 4 are based on European emission standards that limit CO emissions to 0.50 g/km (which was 0.64 g/km in EURO 3) and NOX to 0.25 g/km (which was 0.50 g/km) for passenger cars.

The turbocharger market for automotive industry is dominated by a few global players, and comprises several regional players. Some of the key manufacturers operating in the market are Honeywell International Inc. (U.S.), Borg Warner Inc. (U.S.), IHI Corporation (Japan), Mitsubishi Heavy Industries (Japan), and Cummins Inc. (U.S.).

Target Audience

  • Manufacturers of automotive turbochargers
  • Raw material suppliers for automotive turbochargers
  • Experts from the automotive turbocharger industry
  • Dealers and distributors of automotive turbocharger
  • Automotive OEMs
  • The automobile industry and related end-user industries



Tuesday, November 28, 2017

Acoustic Materials Market by Type, Component ,Market Dynamics, By Application ,Opportunities, Key Trends, Global Forecast to 2022




The report "Acoustic Materials Market by Type (ABS, Fiberglass, PP, PU, PVC & Textile), Component (Arch Liner, Outer & Inner Dash, Fender & Floor Insulator, Door Trim, Head & Bonnet Liner, Engine Cover, Trunk Trim, Parcel Tray), ICE & EV, and Region - Forecast to 2022", The increasing sales of ICE and electric/hybrid vehicles, the rising global demand for premium passenger cars and enhanced interior cabin comfort features, government regulations pertaining to vehicle noise limits, and the increasing penetration of comfort-related components in the heavy commercial vehicle segment are the key drivers for the acoustic materials market. The market is projected to grow at a CAGR of 6.99% during the forecast period, to reach a market size of USD 2.93 Billion by 2022 from USD 2.09 Billion in 2017.








The acoustic materials market is anticipated to reach USD 2.93 Billion by 2022, growing at a CAGR of 6.99% during the forecast period. The rising inclination toward comfort and luxury features has increased the use of acoustic components in an automobile. The trend for comfort has also percolated in the commercial vehicle segment, where the premium truck and bus manufacturers are offering acoustic proofing in driver cabin as well as in under hood applications. Also, regulations monitoring the vehicle noise have also triggered the developments in the acoustic materials.


Under hood & engine bay application is estimated to be the fastest growing market for acoustic materials from 2017 to 2022”

Bonnet liners, engine top cover, and engine encapsulation are the key components that absorb the under hood & engine bay noise. The powertrain-related components have to undergo extreme vibrations and temperatures. Hence, the acoustic materials used in such applications have to cope up with the requirements. According to the ECE R118 regulations of United Nations Economic Commission for Europe (UNECE), the insulation material used in the under hood & engine bay application must have nonflammability certification. Further, component manufacturing companies using enhanced materials to achieve the target. Autoneum (Switzerland), an acoustic components manufacturer, is using the Theta-FiberCell material technology that provides optimum noise protection and integrated thermal insulation for engine bay components. Also, the design upgradation by OEMs to develop more powerful engine would boost the demand for acoustic materials to absorb the noise for the engine bay.



Asia Oceania: The largest region for the acoustic materials market.”
The Asia Oceania region has emerged as the largest market for acoustic materials from 2017 to 2022. The region is the leader in global vehicle production with the production growth of around 17% in the past 5 years. China had been the automobile market in recent years. According to the Organisation Internationale des Constructeurs d Automobiles (OICA), China along with Japan and India together accounted almost 44% of the global vehicle production in 2016. Furthermore, as per the World Bank statistics, the per capita income in China and India has increased by approximately 68% and 14%, respectively, from 2010 to 2015. The rise in disposable income is expected to increase the sales of medium- and premium-end vehicles, which in turn would fuel the acoustic materials market.

Scope of the Report
  • Acoustic Materials Market, By Material Type
    • ABS
    • Fiberglass
    • Polypropylene
    • Polyurethane
    • PVC
    • Textiles
    • Others

  • Acoustic Materials Market, By Application
    • Exterior
    • Interior
    • Under Hood & Engine Bay
    • Trunk panel
  • Acoustic Materials Market, by Components
    • Bonnet Liner
    • Cabin Rear Trim
    • Door Trim
    • Engine Top Covers
    • Engine Encapsulation
    • Fender Insulator
    • Floor Insulator
    • Headliner
    • Inner Dash Insulator
    • Outer Dash Insulator
    • Parcel Tray
    • Trunk Trim
    • Wheel Arch Liner
  • Acoustic Materials Market, by Vehicle Type
    • Passenger Car
    • LCV
    • HCV
  • Acoustic Materials Market, by Electric Vehicle Type
    • BEV
    • HEV
    • PHEV
  •  Acoustic Materials Market, by region & Country
    • Asia Oceania
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Oceania
    • Europe
      • France
      • Germany
      • Spain
      • UK
      • Rest of Europe
    • North America
      • Canada
      • Mexico
      • US
    • RoW
      • Brazil
      • Russia
      • Others


Some of the key acoustic material manufacturers and suppliers include BASF (Germany), The Dow Chemical Company (US), 3M (US), Henkel (Germany), Covestro (Germany) DuPont (US), Toray Industries, Huntsman International (US), and Sika (Switzerland). BASF adopted a stable mix of new product development and expansion strategies to retain its market position, while Dow Chemical followed strategies of new product development and joint venture to remain a prominent player in the market.

Target Audience
  • Automotive acoustic materials manufacturers
  • Automotive acoustic materials suppliers, traders, and distributors
  • Automotive acoustic testing and engineering providers
  • Automotive OEMs
  • Automotive component manufacturing associations
  • Government and regulatory authorities
  • Research and consulting associations

Multi Camera System Market for Automotive worth 2,843.4 Million USD by 2025 Key Strategy Adopted by Major Players, Growing Trends and Technology 2017- 2025

The multi camera system market is projected to grow at a CAGR of 19.13% during the forecast period, to reach USD 2,843.4 Million by 2025. The key growth drivers for the market are the rising trend of participating additional safety features in the vehicle and the growing demand for premium segment vehicles.


New product improvement is the key strategy adopted by major players to gain traction in the multi camera system market. In 2017, Continental (Germany) developed a surround view camera SVC210, which is capable of discovering blind spots and assists the driver while changing lanes. It also provides a 360-degree wide range of view. In 2016, Valeo (France) introduced a technology called XtraVue to improve the exterior visibility of the vehicle for the driver, thereby enhancing the safety. This system comprises a set of connected computer vision cameras, which are capable of projecting external views on the interior display.


The second most widely monitored strategy by market players is partnerships, supply contracts, collaborations, and joint ventures. In 2017, Delphi (UK) partnered with Mobileye (Israel), a key player in advanced driver assistance system (ADAS) applications such as multi camera system, to develop Centralized Sensing Localization and Planning (CSLP). This technology will use an array of sensors and highly sophisticated surround view cameras to assist the vehicle in autonomous driving. The multi camera system will also drive the growth of self-driving technology in the future.



The passenger vehicle segment is estimated to be the largest market in the multi camera system market for automotive throughout the forecast period
The passenger vehicle segment is estimated to have the largest market share of the multi camera system market due to the rising demand for ADAS features and growth of semi-autonomous and autonomous vehicles. The rising safety concerns have fueled the the growth of ADAS features, which is boosting the demand for semi-autonomous vehicles. Camera-based ADAS features help to meet the elevated safety standards, thereby governing the growth of passenger vehicles.

3D display to be the fastest developing sector in multi camera system market for automotive, by display type
The multi camera system is integrated with the infotainment panel or instrument cluster, which projects 2D as well as 3D view. The growing technological innovation has boosted the market for 3D display, which is projected to grow at the fastest rate during the forecast period. The growth of 3D display is also linked to the increase in demand for premium segment vehicles. The enhancement in comfort and user driving experience by the multi camera system is responsible for the growth of 3D display segment in the multi camera system market for automotive.



The key players in the multi camera system market include Bosch (Germany), Continental (Germany), Delphi (UK), Magna (Canada), Samvardhana Motherson Reflectec (Germany), Valeo (France), Clarion (Japan), Texas Instruments (US), NXP Semiconductors (Netherlands), OmniVision Technologies (US), Xilinx (US), and Ambarella (US).

Objectives of the Report
  • To define, describe, and project the multi camera system market for automotive (2017–2025), in terms of volume (‘000 units) and value (USD million/billion)
  • To provide detailed information regarding the major factors such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of this market
  • To analyze and forecast the multi camera system market for automotive and estimate the market size, by volume and value, based on multi camera system function, multi camera system display type, level of autonomous driving, and region
  • To forecast the market size, by volume and value, of the multi camera system market for automotive with respect to four regions, namely, Asia Pacific, Europe, North America, and the Rest of the World (RoW)
  • To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and expansions in the multi camera system market for automotive



Target Audience

  • Multi camera system for automotive manufacturers and component suppliers
  • Automotive AR system manufacturers and component suppliers
  • Automotive display panel manufacturers
  • Automotive OEMs
  • Industry associations and other driver assistance systems manufacturers
  • The automobile industry and related end-user industries

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.).