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Global Electric Vehicles (EV) Market Report: 2015 Edition - New Report by Koncept Analytics

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Title: Global Electric Vehicles (EV) Market Report: 2015 Edition - New Report by Koncept Analytics


1
Global Electric Vehicles Market Report
----------------------------------------- 2015
View Report Details
2
View Report Details
  • Executive Summary
  • An electric vehicle is considered to be
    environmentally friendly and have less of a
    damaging impact on the environment than
    conventional vehicles. It consumes less fuel than
    conventional vehicles or uses renewable energy
    sources to fuel its engine. It includes hybrid
    electric vehicle (HEV), plug-in hybrid electric
    vehicle (PHEV), battery electric vehicles (BEV)
    and fuel cell electric vehicles (FCEV).
  • Battery electric vehicles are likely to drive the
    growth of eco-car market in coming years.
    However, plug-in hybrid electric vehicles (PHEV)
    and hybrid electric vehicles (HEV), which fall in
    the middle of EVs and vehicles that run on
    internal combustion engines, are expected to
    drive eco-car sales growth for some time due to
    limited battery capacity, high prices, long
    charge time, and charging infrastructure.
  • The key factors driving the growth of the
    electric vehicles market are growing
    urbanization, rising demand for global hybrid
    electric vehicle market, economic growth, growing
    car sales in emerging markets, improving air
    condition system and falling battery prices. Some
    of the noteworthy trends and developments of this
    industry are introduction of Atkinson Cycle
    engine and smart cars, greater adoption of
    electric vehicle in small and medium sized
    fleets, advanced rechargeable technology to
    enhance electric vehicle efficiency and
    self-driving features. However, the expansion of
    global electric vehicles market is hindered by
    lack of refueling and regulations.
  • The report Global Electric Vehicles Market
    provides an in-depth analysis of the global
    market along with a detailed study of the US,
    Europe, China and Korea market. The major trends,
    growth drivers as well as issues being faced by
    the industry are being presented in this report.
    The four major players in the industry, Toyota
    Motor, Honda Motor, Ford Motor and Hyundai Motor
    are being profiled.
  • By combining SPSS Inc.s data integration and
    analysis capabilities with our relevant findings,
    we have predicted the future growth of the
    industry. We employed various significant
    variables that have an impact on this industry
    and created regression models with SPSS Base to
    determine the future direction of the industry.
    Before deploying the regression model, the
    relationship between several independent or
    predictor variables and the dependent variable
    was analyzed using standard SPSS output,
    including charts, tables and tests.

3
Growing urban population, rising demand of HEV
market and economic growth are driving the
electric vehicles market..
Global Electric Vehicle Market by Volume
(2005-2014)
  • The global electric vehicles market increased to
    . units in 2014 from units in 2013, showing an
    incline of . The same registered a CAGR of
    during the period 2005-2014.
  • In 2014, Japan accounted for the largest market
    share of of the global electric vehicles
    market. It was followed by the US, China, UK and
    Korea with share of , , and
    respectively.
  • In 2014, the global hybrid electric vehicles
    (HEV) market was units, up by , as compared
    to units in 2013.

Global Electric Vehicles Market Share by Region
(2014)
Global HEV Market Volume (2011-2014)
4
The growth is primarily driven by rising demand
of air conditioning system, supporting
infrastructure and incentive and
inter-governmental electric vehicle initiatives.
The US Eco-Cars Market by Volume (2008-2015E)
  • In 2014, the US eco-car market was recorded at
    units down by , as compared to units in 2013.
  • In terms of volume, Europe EV market was totaled
    at units in 2014, as compared to units in
    2013, showing an incline of .
  • Chinese battery electric vehicles market
    increased to units in 2014, as compared to
    units in 2013, showing a remarkable growth of
    .

Europe EV Market by Volume (2012-2015E)
China BEV Market by Volume (2012-2015E)
5
Strengthening infrastructure and incentives for
electric vehicles, falling battery prices and
global GDP will drive the electric vehicles
market
Global Electric Vehicles Market Forecast
(2014-2018E)
  • The global market for electric vehicles is poised
    to grow at a compounded annual growth rate of
    from units in 2014 to units in 2018.
  • With rising demand for global hybrid electric
    vehicles, increasing GDP and growing
    urbanization, demand for electric vehicles is
    increasing at a very fast pace.
  • The future growth of electric vehicle market
    would mainly be driven by strengthening
    infrastructure and incentives for electric
    vehicles, falling battery prices, growing car
    sales in emerging and developed countries,
    improving air conditioning system and
    inter-governmental electric vehicles initiative.

6
Contact Us
View Report Details
These are abridged and sanitized sample pages
from the comprehensive report on the Global
Electric Vehicles Market . To know more about
this report or for any customized research
requirement, please contact the following
Koncept Analytics CS-36, Second Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T.
91-120-4130959 C 91-9811715635
vikas_at_konceptanalytics.com
Vikas Gupta BD Manager
www.konceptanalytics.com
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