Global Electric Vehicles Market to Reach USD 346.3 Billion by 2024

New York, USA, 2018-Aug-31 — /EPR Network/ —According to Goldstein Research, global Electric vehicles market is expected to reach USD 346.3 billion by the end of 2024 from USD 118.4 billion in 2016, growing at a CAGR of 14.3%. The growing concerns towards sustainability decreased carbon emissions and clean energy sources are the major driving factors for the adoption of electric vehicles. Global Electric vehicles market segmentation has been done on the basis of technology type, vehicle type, and geography. Adaption of electric two-wheeler has gained major market share over the past few years and has been successful to curb carbon emissions. Two-wheelers are followed by electric buses, majorly in China where the government has support for deploying charging stations.

Global Electric vehicles market is majorly dominated by the Asia-Pacific region with China acquiring the leading position in terms of sales and revenue. APAC is closely followed by Europe having 28% market share of global electric vehicles market.

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Market Segmentation

On the basis of our in-depth analysis, Global Electric Vehicles Market can be segmented as follows:

By Technology Type

  • Hybrid cars
  • Plug-in Hybrid Cars
  • Battery Electric Vehicles

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles
  • Two Wheelers
  • Others (ATVs etc.)

By Region

  • North America Electric Vehicles Market Analysis, 2016-2024
  • Europe Electric Vehicles Market Analysis, 2016-2024
  • Middle East And Africa Electric Vehicles Market Analysis, 2016-2024
  • Latin America Electric Vehicles Market Analysis, 2016-2024
  • Asia Pacific Electric Vehicles Market Analysis, 2016-2024
  • Rest Of The World Electric Vehicles Market Analysis, 2016-2024

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“Global Electric Vehicles Market Outlook 2024” contains detailed overview of the global electric vehicles market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology type, vehicle type and geography.

The Global Electric Vehicles Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of electric vehicles market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global electric vehicles market discussed in the report are: Nissan Motor Corporation Ltd., Pioneer Corporation, Honda Motor Co., Ltd., Toyota Motor Corporation, Tesla Motors, Inc., Ford Motor Company, Bayerische MotorenWerke AG, General Motors, Daimler AG, Volkswagen AG, BYD Company Motors, Mitsubishi Motors Corporation, Geely Group, Polaris, Ingersoll Rand, GroupePsa,etc.

Further, Global Electric Vehicles Market Report encompasses the major trends & growth opportunities, market dynamics and other growth factors. The Electric Vehicles Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

About Goldstein Research

Based in the US, Goldstein Research 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 industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on automotive industry market research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry 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


 Browse Similar Report: Electric Commercial Vehicles Market


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