Global Battery Electric Vehicle Market Taxonomy, Production and Demand Analysis, Revenue Details with Trends and Forecast till 2022

According to a recently published report, the global battery electric vehicle market is expected to represent a value of over US$ 150,000 Mn by the end of 2022.

Rockville, US, 2018-Apr-12 — /EPR Network/ — The global market discussion on battery electric vehicle industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Battery Electric Vehicles Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on battery electric vehicle market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Factors Fuelling Growth of the Global Market

Growth of the global market of battery electric vehicle is projected to be bound by several macro and micro economic factors. Demand for electric vehicles is projected to remain significantly concentrated in the transportation industry. The battery electric passenger vehicles have comparatively low maintenance expenses as they fnction on strong rotors unlike the conventional vehicles. Furthermore, the electric vehicles are not embedded with several facilities including fuel injection systems, radiators, costly exhaust system, and starter motor, which reduces the maintenance expenses of the vehicle. Bound to these factors, demand for battery electric vehicle is projected to increase in the transportation industry.

Parallel Hybrid to Represent a Leading Segment

Changing perspective towards the battery electric vehicle has led to surge in demand for vehicles with stored electricity. The stored electricity segment among other power sources is expected to represent a value of over US$ 44,000 Mn by the end of 2022. This segment is expected register the highest CAGR in the global market throughout 2022.

Parallel hybrid as compared to the other types of powertrain is expected to witness the highest revenue growth in the global market. The parallel hybrid segment is expected to represent a value of over US$ 21,000 Mn by the end of 2017. However, combined hybrid is expected to register the highest CAGR in the global market throughout 2022.

Demand for the battery electric vehicle is expected to remain concentrated among the passengers as compared to the other end users. The passenger car segment is expected represent a value of over US$ 33,000 Mn by the end of 2022. Moreover, this segment is expected to register the highest CAGR in the global market throughout 2022.

Passenger Cars to Represent a Leading Segment

Stored electricity is projected to sell more than the other power sources in the global market. Change in consumer preferences indicant surge in sales of the vehicles equipped with stored electricity facilities. Currently, the stored electricity power source type segment is projected to represent more than US$ 44,000 Mn by 2022-end. Stored electricity as compared to other power sources will reflect a relatively high CAGR in the global battery electric vehicle market through 2022.

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Table of Contents:

1. Global Battery Electric Vehicles Market – Executive Summary
2. Global Battery Electric Vehicles Market Overview
   2.1. Introduction
   2.1.1. Global Battery Electric Vehicles Market Taxonomy
   2.1.2. Global Battery Electric Vehicles Market Definition
   2.2. Global Battery Electric Vehicles Market Size (US$ Mn) and Forecast, 2012-2022
   2.2.1. Global Battery Electric Vehicles Market Y-o-Y Growth
   2.3. Global Battery Electric Vehicles Market Dynamics
   2.4. Supply Chain
   2.5. Cost Structure
   2.6. Pricing Analysis
   2.7. Raw Material Sourcing Strategy and Analysis
   2.8. List of Distributors
   2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Battery Electric Vehicles Market Analysis and Forecast By Power Source 
   3.1. Global Battery Electric Vehicles Market Size and Forecast By Power Source, 2012-2022
   3.1.1. Stored Electricity Battery Electric Vehicles Market Size and Forecast, 2012-2022
   3.1.1.1. Revenue (US$ Mn) Comparison, By Region
   3.1.1.2. Market Share Comparison, By Region
   3.1.1.3. Y-o-Y growth Comparison, By Region

Continued……

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