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Global Electric Vehicle Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024

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global electric vehicles market accounted for USD 118.4 billion in 2016 and is expected to reach USD 346.3 billion by the end of forecast period i.e. 2024. – PowerPoint PPT presentation

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Title: Global Electric Vehicle Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024


1
Global Electric Vehicle Market Outlook 2024
Global Opportunity Growth Analysis, 2016-2024
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2
Global Electric Vehicle Market Outlook 2024
Global Opportunity Growth Analysis, 2016-2024
Electric Vehicle Market Similar to other
transformative technologies, electric vehicles
are creating a wide range of effective economic
development challenges and opportunities. While
the global electric market is still at a nascent
stage of development, it is poised to reform
industries and communities across the globe. In
2016, global stock of electric vehicles reached 2
million units after crossing the threshold of 1
million units in 2015. This rapid growth is
majorly driven by the China, Japan and several
European countries. The adoption of electric
vehicles is majorly motivated by several factors,
including strong technological progress in
battery technology, cost reductions, purchase
incentives, and government policy supports and
advanced charging infrastructure availability.
One of the biggest factors driving the growth
electric vehicle sales is the presence of
monetary and non-monetary government subsidies.
For instance, Norwegian government is driving the
electric vehicles market attractiveness with the
measures like access to bus lanes or free parking
across the country. Chinese government is also
providing support for electric scooter market
development by banning conventional scooters from
mega cities in order to reduce emissions. In
2013, this initiative led to the sales of 9.4
million electric scooter sales. Such government
initiative by governments in different geographic
regions is expected to spur the demand for
electric vehicles across the globe.     
3
Global Electric Vehicle Market Outlook 2024
Global Opportunity Growth Analysis, 2016-2024
  • Market Segmentation
  • By Technology Type
  • Hybrid cars
  • Plug-in Hybrid Cars
  • Battery Electric Vehicles
  • By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
  • Two Wheelers
  • Others (ATVs etc.)
  • Send us Sample Request _at_ https//www.goldsteinrese
    arch.com/request-sample/electric-vehicle-market-ou
    tlook-2024-global-opportunity-and-demand-analysis-
    market-forecast-2016-2024

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4
Global Electric Vehicle Market Outlook 2024
Global Opportunity Growth Analysis, 2016-2024
  • Based on Geography
  • North America Interactive Robots Market(U.S.
    Canada) Market Share (), Market Size (USD
    Billion)
  • Latin America Interactive Robots Market (Brazil,
    Mexico, Argentina Rest of Latin America) 
    Market Share (), Market Size (USD Billion)
  • Europe Interactive Robots Market (The U.K.,
    Germany, France, Italy, Hungary, Spain, Poland,
    Sweden RoE)  Market Share (), Market Size
    (USD Billion)
  • Asia-Pacific Interactive Robots Market (China,
    India, Japan, Singapore, South Korea, Australia,
    New Zealand, Rest of Asia)  Market Share (),
    Market Size (USD Billion)
  • Middle East Africa Interactive Robots Market
    (GCC, South Africa, North Africa, RoMEA)  Market
    Share (), Market Size (USD Billion)

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5
Global Electric Vehicle Market Outlook 2024
Global Opportunity Growth Analysis, 2016-2024
Sample Request
Market Size and Forecast (2016-2024) The global
electric vehicles market size accounted for USD
118.4 billion in 2016 and is expected to reach
USD 346.3 billion by the end of forecast period
i.e. 2024. Further the market is anticipated to
expand at a compound annual growth rate of 14.3
over the forecast period i.e. 2016-2024. Geograph
ically, Asia Pacific region accounted for the
highest revenue share of more than 35 of global
electric vehicle market in 2016. China is the
largest market in Asia Pacific region accounting
for nearly half of 2016 sales of electric
vehicles across the globe. China is closely
followed by the Europe with more than 28 market
share in which revenue share was over 20 in
Norway, nearly 10 in the Netherlands. North
America has witnessed declined in sales of
electric vehicles and the market has recovered in
2016 and has grown at CAGR of more than 30 over
the past four years. The sale of electric
vehicles in North America is up by 38 in 2016
after being down 6 in 2015. The North America
market is likely to recover in coming years and
expected to surpass Europe over the forecast
period.
6
Global Electric Vehicle Market Outlook 2024
Global Opportunity Growth Analysis, 2016-2024
  • Scope Background
  •  Market Synopsis
  •  
  • Market Segmentation
  •  
  • Electric Vehicle industry is segmented as
    follows
  • By Technology Type (Market Size, Demand Analysis
    and Growth Analysis)
  • By Vehicle Type (Market Size, Demand Analysis and
    Growth Analysis)
  • By Country
  • North America (U.S., Canada) Market Size, Growth
    Analysis and Opportunity Analysis
  • Latin America (Argentina, Mexico, Brazil and Rest
    of Latin America) Market Size, Growth Analysis
    and Opportunity Analysis
  • Europe (Germany, Italy, Spain, France, The U.K.,
    Netherlands, Sweden, Hungary, Russia, Poland,
    Rest of Europe) Market Size, Growth Analysis and
    Opportunity Analysis
  • Asia-Pacific (China, India, Singapore, Japan,
    Australia, New Zealand, South Korea and Rest of
    Asia Pacific) Market Size, Growth Analysis and
    Opportunity Analysis
  • Middle East and North Africa (MENA) Market Size,
    Growth Analysis and Opportunity Analysis
  • Rest of World  Market Size, Growth Analysis and
    Opportunity Analysis

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7
Global Electric Vehicle Market Outlook 2024
Global Opportunity Growth Analysis, 2016-2024
  • Market Dynamics Growth Drivers, Restraints and
    Opportunities
  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments
  • Key Market Players
  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis
  • Porters Five Force Model
  • Market Landscape Competition and Beyond
  • Market outlook for business players and entry
    level players to ascertain their business in
    dynamic ecosystem
  • Expert Analysis
  • Concluding Remarks
  • Request for TOC _at_ https//www.goldsteinresearch.co
    m/toc-request/electric-vehicle-market-outlook-2024
    -global-opportunity-and-demand-analysis-market-for
    ecast-2016-2024

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8
Global Electric Vehicle Market Outlook 2024
Global Opportunity Growth Analysis, 2016-2024
About Goldstein Research Based in U.S., Goldstein
Research is a young business consulting company
and market research firm with vast reach across
America, Asia and parts of Europe and the Middle
East. 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. With 30 domain
experts and 50 employees working day and night
to crunch numbers and bring out the best and
detailed market reports and forecasts, we strive
to enable you to foresee upcoming market
challenges and develop a robust business model
and strategies, which would add to your
profitability and market visibility as a
brand. 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 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.
9
Global Electric Vehicle Market Outlook 2024
Global Opportunity Growth Analysis, 2016-2024
Sample Request
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10
Global Electric Vehicle Market Outlook 2024
Global Opportunity Growth Analysis, 2016-2024
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