Return to: Auto News

Electric Passenger Vehicles Market is on Track to Accelerate to 50% of new car sales by 2040



According to Goldstein Research, one of the major and strongest promoters for EV market attractiveness is the presence of monetary and non-monetary government subsidies. Global electric passenger vehicles market segmentation includes technology types such as hybrid cars, plug-in hybrid cars and battery electric vehicles. Vigorous research and development activities and consumer awareness campaigns will soar up the global electric passenger vehicles market growth. According to our analysts electric passenger vehicle market is projected to register a CAGR of 16.4% during the forecast period i.e. 2016-2024. Global electric passenger vehicles market is majorly growing in regions where presence of electric passenger vehicle charging infrastructure in countries such as U.S, China and Western Europe are significantly developing.
Market Segmentation
On the basis of our in-depth analysis, Global Electric Passenger Vehicles Market can be segmented as follows:
• By Technology Type
o Hybrid cars
o Plug-in Hybrid Cars
o Battery Electric Vehicles
• By Vehicle Type
o Four Wheelers
o Two Wheelers
• By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Million), Product Sales (Units)} § Rest of the World{Market Share (%), Market Size (USD Million), Product Sales (Units)}
“Global Electric Passenger Vehicles Market Outlook 2024” contains detailed overview of the global electric passenger vehicles market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology and by vehicle type.
Further, for the in-depth analysis, Global Electric Passenger 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. This market report also includes competitive outlook of some of the major players profiling of companies such as tesla Motors, Nissan Motor, BMW AG, General Motors, The Geely Group, Volkswagen, BYD Co. Ltd. etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global electric passenger vehicles market trends along with market forecast that will help industry consultants, technology providers, 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.
Send us sample request @ https://www.goldsteinresearch.com/request-sample/global-electric-passenger-vehicles-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
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 market, 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 reports 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 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
sales@goldsteinresearch.com
www.goldsteinresearch ...

News Release: Electric Passenger Vehicles Market is on Track to Accelerate to 50% of new car sales by 2040
Submitted on: February 09, 2018 06:18:46 AM
Submitted by: Steve blade
On behalf of: www.goldsteinresearch.com/report/global-electric-passenger-vehicles-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
advertisement