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Global Electric Vehicles Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

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Global Electric Vehicles Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis


According to market study conducted by Goldstein Research, “Growing global concerns to curb vehicle emissions and related regulations has spurred the growth of electric vehicles market all across the globe." Further, research, development and deployment (RD&D) and mass production projections are also leading the rapid battery cost decline with increasing energy density which is helping in overcoming the major challenge related to the battery cost. The global electric vehicles market is projected to expand at a CAGR of 14.3% over the forecast period i.e. 2016-2024 owing to strong technological progress, cost reductions and monetary & non-monetary policy support across the globe. Further, the market is expected to reach USD 346.3 billion by the end of 2024.

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Market Segmentation

· By Technology Type

o Hybrid cars

o Plug-in Hybrid Cars

o Battery Electric Vehicles

· By Vehicle Type

o Passenger Cars

o Commercial Vehicles

o Two Wheelers

o Others (ATVs etc.)

· By Geography

o North America (US, Canada) {Market Share (%), Market Size (USD Billion), Sales (Million Units)}

o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Sales (Million Units)}

o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Sales (Million Units)}

o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Sales (Million Units)}

o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Sales (Million Units)}

o Rest of the World{Market Share (%), Market Size (USD Billion), Sales (Million Units)}

Global Electric Vehicles Market Outlook 2024contains detailed overview of the global electric vehicles market in terms of market segmentation by technology type and by vehicles type.

Further, for the in-depth analysis, electric vehicles market report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Global Electric Vehicles Market Report also provides competitive outlook of some of the major players which includes profiling of companies such as Honda Motor Co., Ltd., Toyota Motor Corporation, Tesla Motors, Inc., Ford Motor Company, Bayerische Motoren Werke AG, General Motors, Daimler AG, Volkswagen AG, etc.

Overall, the report represents comprehensive synopsis on the global electric vehicles market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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About Goldstein Research

Goldstein Research is a leading market research and advisory firm in US, currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Backed up by reliable research and impactful statistics, our business solutions empower our clients to grow at a fast pace despite unsettling fluctuations in the market. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:

Steve Blade

(Global Sales Head)

USA: + 1-646-568-7747

Canada: 1-437-886-1181

UK: +44-203-318-6627

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Global Electric Vehicles Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

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