Opportunities in the electric vehicle market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the electric vehicle market is expected to reach $563.7 billion by 2025 with a CAGR of 28.8%. In this market, battery electric vehicle is the largest segment by propulsion type, whereas a compact car is largest by vehicle type. Players can benefit from the available opportunities like growing concerns on environmental pollution, government subsidies and tax rebates, and heavy investment from automaker in electric vehicle development.
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Tesla, General Motors, Nissan Motor, Mitsubishi, Volkswagen, BMW, Ford, Mercedes Benz, Hyundai, and Kia Motor are some of the companies profiled in this report.
Some of the features of this report:
- Market size estimates:Electric vehicle market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis:Market trend (2014-2019) and forecast (2020-2025) by segments and region.
- Segmentation analysis: Electric vehicle market size by various segments such as propulsion, vehicle, and component in terms of value and volume shipment.
- Regional analysis:Electric vehicle market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities:Analysis on growth opportunities in different applications and regions of electric vehicle in the electric vehicle market.
- Strategic analysis:This includes M&A, new product development, and competitive landscape of electric vehicle in the electric vehicle market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
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