Product Code: TMRGL75083
TMR's report on the global electric vehicle market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global electric vehicle market for the period 2017-2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global electric vehicle market from 2022 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the electric vehicle market.
The report delves into the competitive landscape of the global electric vehicle market. Key players operating in the global electric vehicle market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global electric vehicle market profiled in this report.
1. Report Summary
- 1.1. Market Segmentation
- 1.2. Research Methodology
- 1.2.1. Primary Research and List of Primary Sources
- 1.2.2. Desk Research
2. Global Electric Vehicle Market - Executive Summary
- 2.1. Market Size, Units, US$ Mn, 2017-2031
- 2.2. Market Analysis and Key Segment Analysis
- 2.3. TMR Analysis, Recommendations, and Conclusion
3. Market Overview and Insights
- 3.1. Scope of the Report & Report Assumptions
- 3.2. Analyst Insight & Current Market Trends
- 3.3. Key Research Objectives
- 3.4. Key Findings
- 3.5. Rules & Regulations
4. Market Determinants
- 4.1. Motivators/ Drivers
- 4.2. Restraints
- 4.3. Opportunities
5. Key Players by region, by Vehicle Type
- 5.1. Current Status of the Players
- 5.2. Future Strategy by the Players
- 5.2.1. Two Wheelers
- 5.2.2. Passenger Vehicles
- 5.2.2.1. Hatchbacks
- 5.2.2.2. Sedans
- 5.2.2.3. Utility Vehicles
- 5.2.3. Light Commercial Vehicles
- 5.2.4. Commercial Vehicles
- 5.2.4.1. Class 6 Trucks
- 5.2.4.2. Class 7 Trucks
- 5.2.4.3. Class 8 Trucks
- 5.2.5. Buses
6. Key Players by region, by Application
- 6.1. Step Side Vehicles
- 6.1.1. Last-mile Delivery Vehicles
- 6.2. Powersports Applications
- 6.2.1. ATVs (All-Terrain Vehicles) and Quads
- 6.2.2. Golf Carts
- 6.2.3. Boats/Watersports
- 6.2.4. Snowmobiles
- 6.2.5. UTVs (Utility Terrain Vehicles)
- 6.3. Aerospace
- 6.4. AGVs
7. Existing ICE companies respond to the EV market
- 7.1. Strategic Overview
- 7.2. Adoption of EVs by key ICE players
8. Vehicle Production Trends, for each country mentioned in TOC, 2017-2031
- 8.1. (EV+ICE) Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031
- 8.1.1. Electric Vehicle Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, by Vehicle Type
- 8.1.1.1. Two Wheelers
- 8.1.1.2. Passenger Vehicles
- 8.1.1.2.1. Hatchbacks
- 8.1.1.2.2. Sedans
- 8.1.1.2.3. Utility Vehicles
- 8.1.1.3. Light Commercial Vehicles
- 8.1.1.4. Commercial Vehicles
- 8.1.1.4.1. Class 6 Trucks
- 8.1.1.4.2. Class 7 Trucks
- 8.1.1.4.3. Class 8 Trucks
- 8.1.1.5. Buses
- 8.1.2. ICE Vehicle Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, by Vehicle Type
- 8.1.2.1. Two Wheelers
- 8.1.2.2. Passenger Vehicles
- 8.1.2.2.1. Hatchbacks
- 8.1.2.2.2. Sedans
- 8.1.2.2.3. Utility Vehicles
- 8.1.2.3. Light Commercial Vehicles
- 8.1.2.4. Commercial Vehicles
- 8.1.2.4.1. Class 6 Trucks
- 8.1.2.4.2. Class 7 Trucks
- 8.1.2.4.3. Class 8 Trucks
- 8.1.2.5. Buses
9. Key System or Component Suppliers for EV for each region -
- 9.1. Battery packs
- 9.1.1. Battery Suppliers for planned EVs
- 9.1.2. Production Capacity of Battery Supplier
- 9.1.3. Supply-Demand Gap for Batteries
- 9.1.3.1. EV Battery Market Size and forecast, 2017-2031
- 9.1.3.2. EV Market Size and Forecast, 2017-2031
- 9.1.4. Cost Analysis of EV Battery, 2017-2031
- 9.1.5. Cost Analysis of Electric Vehicle, 2017-2031, by Vehicle Type
- 9.2. Fuel Cell
- 9.3. Motors
- 9.4. Reducers
- 9.5. Monitors
- 9.6. Gages
- 9.7. On-board Charger
- 9.8. Electric Power Control Unit
- 9.8.1. Inverter
- 9.8.2. DC-DC Converter
- 9.8.3. Vehicle Control Unit
- 9.9. Regenerative Braking
- 9.10. Battery Management System
10. Global Electric Vehicle Market, Motor Type
- 10.1. Market Snapshot
- 10.1.1. Introduction & Definition
- 10.1.2. Market Growth & Y-o-Y Projections
- 10.1.3. Base Point Share Analysis
- 10.2. Global Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type
- 10.2.1. DC Motor
- 10.2.2. AC Motor
11. Global Electric Vehicle Market, Vehicle Type
- 11.1. Market Snapshot
- 11.1.1. Introduction & Definition
- 11.1.2. Market Growth & Y-o-Y Projections
- 11.1.3. Base Point Share Analysis
- 11.2. Global Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type
- 11.2.1. Two Wheelers
- 11.2.2. Passenger Vehicles
- 11.2.2.1. Hatchbacks
- 11.2.2.2. Sedans
- 11.2.2.3. Utility Vehicles
- 11.2.3. Light Commercial Vehicles
- 11.2.4. Commercial Vehicles
- 11.2.4.1. Class 6 Trucks
- 11.2.4.2. Class 7 Trucks
- 11.2.4.3. Class 8 Trucks
- 11.2.5. Buses
12. Global Electric Vehicle Market, Propulsion Technology
- 12.1. Market Snapshot
- 12.1.1. Introduction & Definition
- 12.1.2. Market Growth & Y-o-Y Projections
- 12.1.3. Base Point Share Analysis
- 12.2. Global Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology
- 12.2.1. Battery Electric Vehicle (BEV)
- 12.2.2. Plug-in Hybrid Electric Vehicle (PHEV)
13. Global Electric Vehicle Market, Application
- 13.1. Market Snapshot
- 13.1.1. Introduction & Definition
- 13.1.2. Market Growth & Y-o-Y Projections
- 13.1.3. Base Point Share Analysis
- 13.2. Global Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application
- 13.2.1. Last-mile Delivery Vehicles
- 13.2.2. Powersports Applications
- 13.2.2.1. ATVs (All-Terrain Vehicles) and Quads
- 13.2.2.2. Golf Carts
- 13.2.2.3. Boats/Watersports
- 13.2.2.4. Snowmobiles
- 13.2.2.5. UTVs (Utility Terrain Vehicles)
- 13.2.3. Aerospace
- 13.2.4. AGVs
14. Global Electric Vehicle Market, Region
- 14.1. Market Snapshot
- 14.1.1. Introduction & Definition
- 14.1.2. Market Growth & Y-o-Y Projections
- 14.1.3. Base Point Share Analysis
- 14.2. Global Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Region
- 14.2.1. North America
- 14.2.2. Europe
- 14.2.3. Asia Pacific
- 14.2.4. Middle East & Africa
- 14.2.5. Latin America
15. North America Electric Vehicle Market
- 15.1. Market Snapshot
- 15.2. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type
- 15.2.1. DC Motor
- 15.2.2. AC Motor
- 15.3. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type
- 15.3.1. Two Wheelers
- 15.3.2. Passenger Vehicles
- 15.3.2.1. Hatchbacks
- 15.3.2.2. Sedans
- 15.3.2.3. Utility Vehicles
- 15.3.3. Light Commercial Vehicles
- 15.3.4. Commercial Vehicles
- 15.3.4.1. Class 6 Trucks
- 15.3.4.2. Class 7 Trucks
- 15.3.4.3. Class 8 Trucks
- 15.3.5. Buses
- 15.4. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology
- 15.4.1. Battery Electric Vehicle (BEV)
- 15.4.2. Plug-in Hybrid Electric Vehicle (PHEV)
- 15.5. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application
- 15.5.1. Last-mile Delivery Vehicles
- 15.5.2. Powersports Applications
- 15.5.2.1. ATVs (All-Terrain Vehicles) and Quads
- 15.5.2.2. Golf Carts
- 15.5.2.3. Boats/Watersports
- 15.5.2.4. Snowmobiles
- 15.5.2.5. UTVs (Utility Terrain Vehicles)
- 15.5.3. Aerospace
- 15.5.4. AGVs
- 15.6. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Country
- 15.6.1. The U. S.
- 15.6.2. Canada
- 15.7. The U. S. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type
- 15.7.1. DC Motor
- 15.7.2. AC Motor
- 15.8. The U. S. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type
- 15.8.1. Two Wheelers
- 15.8.2. Passenger Vehicles
- 15.8.2.1. Hatchbacks
- 15.8.2.2. Sedans
- 15.8.2.3. Utility Vehicles
- 15.8.3. Light Commercial Vehicles
- 15.8.4. Commercial Vehicles
- 15.8.4.1. Class 6 Trucks
- 15.8.4.2. Class 7 Trucks
- 15.8.4.3. Class 8 Trucks
- 15.8.5. Buses
- 15.9. The U. S. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology
- 15.9.1. Battery Electric Vehicle (BEV)
- 15.9.2. Plug-in Hybrid Electric Vehicle (PHEV)
- 15.10. The U. S. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application
- 15.10.1. Last-mile Delivery Vehicles
- 15.10.2. Powersports Applications
- 15.10.2.1. ATVs (All-Terrain Vehicles) and Quads
- 15.10.2.2. Golf Carts
- 15.10.2.3. Boats/Watersports
- 15.10.2.4. Snowmobiles
- 15.10.2.5. UTVs (Utility Terrain Vehicles)
- 15.10.3. Aerospace
- 15.10.4. AGVs
16. Europe Electric Vehicle Market
- 16.1. Market Snapshot
- 16.2. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type
- 16.2.1. DC Motor
- 16.2.2. AC Motor
- 16.3. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type
- 16.3.1. Two Wheelers
- 16.3.2. Passenger Vehicles
- 16.3.2.1. Hatchbacks
- 16.3.2.2. Sedans
- 16.3.2.3. Utility Vehicles
- 16.3.3. Light Commercial Vehicles
- 16.3.4. Commercial Vehicles
- 16.3.4.1. Class 6 Trucks
- 16.3.4.2. Class 7 Trucks
- 16.3.4.3. Class 8 Trucks
- 16.3.5. Buses
- 16.4. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology
- 16.4.1. Battery Electric Vehicle (BEV)
- 16.4.2. Plug-in Hybrid Electric Vehicle (PHEV)
- 16.5. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application
- 16.5.1. Last-mile Delivery Vehicles
- 16.5.2. Powersports Applications
- 16.5.2.1. ATVs (All-Terrain Vehicles) and Quads
- 16.5.2.2. Golf Carts
- 16.5.2.3. Boats/Watersports
- 16.5.2.4. Snowmobiles
- 16.5.2.5. UTVs (Utility Terrain Vehicles)
- 16.5.3. Aerospace
- 16.5.4. AGVs
- 16.6. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Country
- 16.6.1. Germany
- 16.6.2. U. K.
- 16.6.3. France
- 16.6.4. Italy
- 16.6.5. Spain
- 16.6.6. Nordic Countries
- 16.6.7. Rest of Europe
17. Asia Pacific Electric Vehicle Market
- 17.1. Market Snapshot
- 17.2. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type
- 17.2.1. DC Motor
- 17.2.2. AC Motor
- 17.3. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type
- 17.3.1. Two Wheelers
- 17.3.2. Passenger Vehicles
- 17.3.2.1. Hatchbacks
- 17.3.2.2. Sedans
- 17.3.2.3. Utility Vehicles
- 17.3.3. Light Commercial Vehicles
- 17.3.4. Commercial Vehicles
- 17.3.4.1. Class 6 Trucks
- 17.3.4.2. Class 7 Trucks
- 17.3.4.3. Class 8 Trucks
- 17.3.5. Buses
- 17.4. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology
- 17.4.1. Battery Electric Vehicle (BEV)
- 17.4.2. Plug-in Hybrid Electric Vehicle (PHEV)
- 17.5. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application
- 17.5.1. Last-mile Delivery Vehicles
- 17.5.2. Powersports Applications
- 17.5.2.1. ATVs (All-Terrain Vehicles) and Quads
- 17.5.2.2. Golf Carts
- 17.5.2.3. Boats/Watersports
- 17.5.2.4. Snowmobiles
- 17.5.2.5. UTVs (Utility Terrain Vehicles)
- 17.5.3. Aerospace
- 17.5.4. AGVs
- 17.6. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Country
- 17.6.1. China
- 17.6.2. India
- 17.6.3. Japan
- 17.6.4. South Korea
- 17.6.5. ANZ
- 17.6.6. ASEAN
c17.6.7. Rest of Asia Pacific
18. Middle East & Africa Electric Vehicle Market
- 18.1. Market Snapshot
- 18.2. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type
- 18.2.1. DC Motor
- 18.2.2. AC Motor
- 18.3. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type
- 18.3.1. Two Wheelers
- 18.3.2. Passenger Vehicles
- 18.3.2.1. Hatchbacks
- 18.3.2.2. Sedans
- 18.3.2.3. Utility Vehicles
- 18.3.3. Light Commercial Vehicles
- 18.3.4. Commercial Vehicles
- 18.3.4.1. Class 6 Trucks
- 18.3.4.2. Class 7 Trucks
- 18.3.4.3. Class 8 Trucks
- 18.3.5. Buses
- 18.4. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology
- 18.4.1. Battery Electric Vehicle (BEV)
- 18.4.2. Plug-in Hybrid Electric Vehicle (PHEV)
- 18.5. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application
- 18.5.1. Last-mile Delivery Vehicles
- 18.5.2. Powersports Applications
- 18.5.2.1. ATVs (All-Terrain Vehicles) and Quads
- 18.5.2.2. Golf Carts
- 18.5.2.3. Boats/Watersports
- 18.5.2.4. Snowmobiles
- 18.5.2.5. UTVs (Utility Terrain Vehicles)
- 18.5.3. Aerospace
- 18.5.4. AGVs
- 18.6. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Country
- 18.6.1. GCC
- 18.6.2. South Africa
- 18.6.3. Rest of Middle East & Africa
19. Latin America Electric Vehicle Market
- 19.1. Market Snapshot
- 19.2. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Motor Type
- 19.2.1. DC Motor
- 19.2.2. AC Motor
- 19.3. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Vehicle Type
- 19.3.1. Two Wheelers
- 19.3.2. Passenger Vehicles
- 19.3.2.1. Hatchbacks
- 19.3.2.2. Sedans
- 19.3.2.3. Utility Vehicles
- 19.3.3. Light Commercial Vehicles
- 19.3.4. Commercial Vehicles
- 19.3.4.1. Class 6 Trucks
- 19.3.4.2. Class 7 Trucks
- 19.3.4.3. Class 8 Trucks
- 19.3.5. Buses
- 19.4. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Propulsion Technology
- 19.4.1. Battery Electric Vehicle (BEV)
- 19.4.2. Plug-in Hybrid Electric Vehicle (PHEV)
- 19.5. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Application
- 19.5.1. Last-mile Delivery Vehicles
- 19.5.2. Powersports Applications
- 19.5.2.1. ATVs (All-Terrain Vehicles) and Quads
- 19.5.2.2. Golf Carts
- 19.5.2.3. Boats/Watersports
- 19.5.2.4. Snowmobiles
- 19.5.2.5. UTVs (Utility Terrain Vehicles)
- 19.5.3. Aerospace
- 19.5.4. AGVs
- 19.6. Market Size (Units) & Revenue (US$ Mn) Analysis & Forecast, 2017-2031, Country
- 19.6.1. Brazil
- 19.6.2. Mexico
- 19.6.3. Rest of Latin America
20. Competitive Landscape /Company Profile
- 20.1. Company Share Analysis/ Brand Share Analysis, 2021
- 20.2. Company Analysis for each player
- 20.3. Company Profile/Key Players
- 20.3.1. ABB Ltd.
- 20.3.1.1. Company Overview
- 20.3.1.2. Company Footprints
- 20.3.1.3. Production Locations
- 20.3.1.4. Product Portfolio
- 20.3.1.5. Competitors & Customers
- 20.3.1.6. Subsidiaries & Parent Organization
- 20.3.1.7. Recent Developments
- 20.3.1.8. Financial Analysis
- 20.3.1.9. Profitability
- 20.3.1.10. Revenue Share
- 20.3.2. Alcraft Motor Company
- 20.3.3. Baic Motor
- 20.3.4. BMW
- 20.3.5. BYD
- 20.3.6. Canoo
- 20.3.7. Chery
- 20.3.8. Continental AG
- 20.3.9. Daimler
- 20.3.10. Ford Motor Company
- 20.3.11. Geely
- 20.3.12. General Motors
- 20.3.13. GWM
- 20.3.14. Changan
- 20.3.15. Leap Motor
- 20.3.16. BAIC
- 20.3.17. Hozon
- 20.3.18. Hitachi Automotive Systems, Ltd.
- 20.3.19. Honda Motor Co., Ltd.
- 20.3.20. Hyundai
- 20.3.21. JAC
- 20.3.22. Kia Motors
- 20.3.23. Lucid Motors
- 20.3.24. Nidec Corp.
- 20.3.25. Nissan Motor Corporation Ltd.
- 20.3.26. Protean Electric
- 20.3.27. REE Auto
- 20.3.28. Rivian
- 20.3.29. SAIC Motor
- 20.3.30. SGMW
- 20.3.31. Tesla Motors
- 20.3.32. Toyota Motor Corporation
- 20.3.33. Volkswagen
- 20.3.34. Volvo
- 20.3.35. Zotye
- 20.3.36. Li Auto
- 20.3.37. NIO
- 20.3.38. XPeng
- 20.3.39. Polestar
- 20.3.40. Yadea
- 20.3.41. Aima
- 20.3.42. Tailg
- 20.3.43. Luyuan
- 20.3.44. Xinri
- 20.3.45. Bajaj Auto
- 20.3.46. Ola
- 20.3.47. Hero Electric
- 20.3.48. TVS Motors
- 20.3.49. Okinawa
- 20.3.50. Corvus UTV