Global Electric Vehicle (EV) Market 2020-2030 by Offering, Propulsion Technology (BEV, HEV, PHEV, FCEV), Power Source, Charging Level (Level 1, Level 2, Fast Charging), Vehicle Type, and Region: Trend Outlook and Growth Opportunity
Market Executive Summary
Global electric vehicle market is expected to reach $1,299.3 billion by 2030, representing a 2020-2030 CAGR of 19.8%.
Highlighted with 88 tables and 123 figures, this 196-page report ?Global Electric Vehicle (EV) Market 2020-2030 by Offering, Propulsion Technology (BEV, HEV, PHEV, FCEV), Power Source, Charging Level (Level 1, Level 2, Fast Charging), Vehicle Type, and Region: Trend Outlook and Growth Opportunity? is based on a comprehensive research of the entire global electric vehicle market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. In this report 2019 is the base year for market analysis, with estimates and forecast covering 2020-2030. (Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
? Market Structure
? Growth Drivers
? Restraints and Challenges
? Emerging Product Trends & Market Opportunities
? Porter?s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global electric vehicle market in every aspect of the classification from perspectives of Offering, Propulsion Technology, Power Source, Charging Level, Vehicle Type, and Region.
Based on offering, the global market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.
Hardware
? Battery
? Motor
? Regenerative Brakes
? Infotainment System
? On-Board Charger
Software
Service
Based on Propulsion Technology, the global market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section.
? Battery Electric Vehicle (BEV)
? Hybrid Electric Vehicle (HEV)
? Plug-in Hybrid Electric Vehicle (PHEV)
? Fuel Cell Electric Vehicle (FCEV)
Based on Power Source, the global market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section.
? Onboard Electricity Storage
? Onboard Electricity Generation
Based on Charging Level, the global market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section. Each segment is further split by sensor type.
? Level 1
? Level 2
? Fast Charging
Based on Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section.
Passenger Cars
Commercial Vehicles
? Buses
? Heavy Trucks
? Light Commercial Vehicles
Two-Wheelers
Other Vehicle Types
Geographically, the following regions together with the listed national/local markets are fully investigated:
? APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
? Europe (Germany, UK, France, Norway, The Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Denmark, Austria, Spain, Sweden, Italy, Poland, Czech Republic, Slovakia, Hungary, and Romania)
? North America (U.S. and Canada)
? Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
? RoW (Saudi Arabia, UAE, Egypt)
For each of the aforementioned regions and countries, market analysis and revenue/sales volume data are available for 2019-2030. The breakdown of all regional markets by country and split of major national markets by Propulsion Technology, Charging Level, and Vehicle Type over the study years (2019-2030) are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global electric vehicle market are assayed quantitatively and qualitatively through GMD?s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
BMW Group
BYD Company Ltd.
Ford Motor Company
Geely-Volvo
General Motors Company
Honda Motors Co., Ltd.
Hyundai-Kia
LG Chem Ltd.
Mitsubishi Motors Corporation
Nissan Motor Corporation Ltd.
Panasonic Corporation
SAIC
Samsung SDI
Tesla Inc.
Toyota Motor Corporation
Volkswagen Group
(Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Table of Contents
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 27
2.4 Emerging Opportunities and Market Trends 30
2.5 Porter?s Fiver Forces Analysis 33
3 Segmentation of Global Market by Offering 37
3.1 Market Overview by Offering 37
3.2 Hardware 39
3.3 Software 40
3.4 Service 41
4 Segmentation of Global Market by Propulsion Technology 42
4.1 Market Overview by Propulsion Technology 42
4.2 Battery Electric Vehicle (BEV) 45
4.3 Hybrid Electric Vehicle (HEV) 47
4.4 Plug-in Hybrid Electric Vehicle (PHEV) 49
4.5 Fuel Cell Electric Vehicle (FCEV) 51
5 Segmentation of Global Market by Power Source 53
5.1 Market Overview by Power Source 53
5.2 Onboard Electricity Storage 56
5.3 Onboard Electricity Generation 58
6 Segmentation of Global Market by Charging Level 60
6.1 Market Overview by Charging Level 60
6.2 Level 1 Charging 64
6.3 Level 2 Charging 66
6.4 Fast Charging 68
7 Segmentation of Global Market by Vehicle Type 70
7.1 Market Overview by Vehicle Type 70
7.2 Passenger Cars 73
7.3 Commercial Vehicles 75
7.4 Two-Wheelers 77
7.5 Other Vehicle Types 79
8 Segmentation of Global Market by Region 81
8.1 Geographic Market Overview 2019-2030 81
8.2 North America Market 2019-2030 by Country 86
8.2.1 Overview of North America Market 86
8.2.2 U.S. Market 90
8.2.3 Canadian Market 94
8.3 European Market 2019-2030 by Country 97
8.3.1 Overview of European Market 97
8.3.2 Germany 101
8.3.3 UK 104
8.3.4 France 107
8.3.5 Norway 110
8.3.6 Netherlands 113
8.3.7 Rest of European Market 116
8.4 Asia-Pacific Market 2019-2030 by Country 118
8.4.1 Overview of Asia-Pacific Market 118
8.4.2 Japan 122
8.4.3 China 125
8.4.4 Australia 128
8.4.5 India 131
8.4.6 South Korea 134
8.4.7 Rest of APAC Region 137
8.5 Latin America Market 2019-2030 by Country 139
8.5.1 Argentina 143
8.5.2 Brazil 146
8.5.3 Mexico 149
8.5.4 Rest of Latin America Market 152
8.6 Rest of World Market 2019-2030 by Country 153
8.6.1 UAE 157
8.6.2 Saudi Arabia 160
8.6.3 Egypt 163
8.6.4 Other National Markets 166
9 Competitive Landscape 167
9.1 Overview of Key Vendors 167
9.2 New Product Launch, Partnership, Investment, and M&A 171
9.3 Company Profiles 173
BMW Group 173
BYD Company Ltd. 175
Ford Motor Company 176
Geely-Volvo 177
General Motors Company 178
Honda Motors Co., Ltd. 179
Hyundai-Kia 180
LG Chem Ltd. 181
Mitsubishi Motors Corporation 182
Nissan Motor Corporation Ltd. 183
Panasonic Corporation 184
SAIC 185
Samsung SDI 186
Tesla Inc. 187
Toyota Motor Corporation 188
Volkswagen Group 189
10 Investing in Global Market: Risk Assessment and Management 190
10.1 Risk Evaluation of Global Market 190
10.2 Critical Success Factors (CSFs) 193
Related Reports and Products 196
List of Figures
Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 18
Figure 4. Global Electric Vehicle Market, 2019-2030, $ bn 20
Figure 5. Global Electric Vehicle Market, 2019-2030, million units 21
Figure 6. Average Selling Price of Electric Vehicles, 2019-2030, thousand USD/unit 21
Figure 7. Share of Electric Vehicle Sales in Total Car Sales in Worldwide Market, 2019-2030, % 23
Figure 8. Primary Drivers and Impact Factors of Global Electric Vehicle Market 24
Figure 9. Primary Restraints and Impact Factors of Global Electric Vehicle Market 27
Figure 10. Porter?s Fiver Forces Analysis of Global Electric Vehicle Market 33
Figure 11. Breakdown of Global Electric Vehicle Market by Offering, 2019-2030, % of Revenue 37
Figure 12. Contribution to Global 2020-2030 Cumulative Revenue by Offering, Value ($ bn) and Share (%) 38
Figure 13. Global Electric Vehicle Market: Hardware, 2019-2030, $ bn 39
Figure 14. Global Electric Vehicle Market: Software, 2019-2030, $ bn 40
Figure 15. Global Electric Vehicle Market: Service, 2019-2030, $ bn 41
Figure 16. Breakdown of Global Electric Vehicle Market by Propulsion Technology, 2019-2030, % of Revenue 42
Figure 17. Breakdown of Global Electric Vehicle Market by Propulsion Technology, 2019-2030, % of Sales Volume 43
Figure 18. Contribution to Global 2020-2030 Cumulative Revenue by Propulsion Technology, Value ($ bn) and Share (%) 44
Figure 19. Contribution to Global 2020-2030 Cumulative Revenue by Propulsion Technology, Volume (million units) and Share (%) 44
Figure 20. Global Electric Vehicle Market: Battery Electric Vehicle (BEV), 2019-2030, $ bn 45
Figure 21. Global Electric Vehicle Market: Battery Electric Vehicle (BEV), 2019-2030, million units 46
Figure 22. Global Electric Vehicle Market: Hybrid Electric Vehicle (HEV), 2019-2030, $ bn 47
Figure 23. Global Electric Vehicle Market: Hybrid Electric Vehicle (HEV), 2019-2030, million units 48
Figure 24. Global Electric Vehicle Market: Plug-in Hybrid Electric Vehicle (PHEV), 2019-2030, $ bn 49
Figure 25. Global Electric Vehicle Market: Plug-in Hybrid Electric Vehicle (PHEV), 2019-2030, million units 50
Figure 26. Plug-in Electric Vehicle Ownership Per Capita in Top Selling Countries, December 2018-2030, units per 1000 people 50
Figure 27. Global Electric Vehicle Market: Fuel Cell Electric Vehicle (FCEV), 2019-2030, $ bn 51
Figure 28. Global Electric Vehicle Market: Fuel Cell Electric Vehicle (FCEV), 2019-2030, million units 52
Figure 29. Breakdown of Global Electric Vehicle Market by Power Source, 2019-2030, % of Revenue 53
Figure 30. Breakdown of Global Electric Vehicle Market by Power Source, 2019-2030, % of Sales Volume 54
Figure 31. Contribution to Global 2020-2030 Cumulative Revenue by Power Source, Value ($ bn) and Share (%) 55
Figure 32. Contribution to Global 2020-2030 Cumulative Revenue by Power Source, Volume (million units) and Share (%) 55
Figure 33. Global Electric Vehicle Market: Onboard Electricity Storage, 2019-2030, $ bn 56
Figure 34. Global Electric Vehicle Market: Onboard Electricity Storage, 2019-2030, million units 57
Figure 35. Global Electric Vehicle Market: Onboard Electricity Generation, 2019-2030, $ bn 58
Figure 36. Global Electric Vehicle Market: Onboard Electricity Generation, 2019-2030, million units 59
Figure 37. Breakdown of Global Electric Vehicle Market by Charging Level, 2019-2030, % of Revenue 61
Figure 38. Breakdown of Global Electric Vehicle Market by Charging Level, 2019-2030, % of Sales Volume 62
Figure 39. Contribution to Global 2020-2030 Cumulative Revenue by Charging Level, Value ($ bn) and Share (%) 63
Figure 40. Contribution to Global 2020-2030 Cumulative Revenue by Charging Level, Volume (million units) and Share (%) 63
Figure 41. Global Electric Vehicle Market: Level 1 Charging, 2019-2030, $ bn 64
Figure 42. Global Electric Vehicle Market: Level 1 Charging, 2019-2030, million units 65
Figure 43. Global Electric Vehicle Market: Level 2 Charging, 2019-2030, $ bn 66
Figure 44. Global Electric Vehicle Market: Level 2 Charging, 2019-2030, million units 67
Figure 45. Global Electric Vehicle Market: Fast Charging, 2019-2030, $ bn 68
Figure 46. Global Electric Vehicle Market: Fast Charging, 2019-2030, million units 69
Figure 47. Breakdown of Global Electric Vehicle Market by Vehicle Type, 2019-2030, % of Revenue 70
Figure 48. Breakdown of Global Electric Vehicle Market by Vehicle Type, 2019-2030, % of Sales Volume 71
Figure 49. Contribution to Global 2020-2030 Cumulative Revenue by Vehicle Type, Value ($ bn) and Share (%) 72
Figure 50. Contribution to Global 2020-2030 Cumulative Revenue by Vehicle Type, Volume (million units) and Share (%) 72
Figure 51. Global Electric Vehicle Market: Passenger Cars, 2019-2030, $ bn 73
Figure 52. Global Electric Vehicle Market: Passenger Cars, 2019-2030, million units 74
Figure 53. Global Electric Vehicle Market: Commercial Vehicles, 2019-2030, $ bn 75
Figure 54. Global Electric Vehicle Market: Commercial Vehicles, 2019-2030, million units 76
Figure 55. Global Electric Vehicle Market: Two-Wheelers, 2019-2030, $ bn 77
Figure 56. Global Electric Vehicle Market: Two-Wheelers, 2019-2030, million units 78
Figure 57. Global Electric Vehicle Market: Other Vehicle Types, 2019-2030, $ bn 79
Figure 58. Global Electric Vehicle Market: Other Vehicle Types, 2019-2030, million units 80
Figure 59. Global Market Snapshot by Region 81
Figure 60. Geographic Spread of Worldwide Electric Vehicle Market, 2019-2030, % of Revenue 82
Figure 61. Geographic Spread of Worldwide Electric Vehicle Market, 2019-2030, % of Sales Volume 83
Figure 62. Contribution to Global 2020-2030 Cumulative Revenue by Region, Value ($ bn) and Share (%) 84
Figure 63. Contribution to Global 2020-2030 Cumulative Revenue by Region, Volume (million units) and Share (%) 84
Figure 64. North American Electric Vehicle Market, 2019-2030, $ bn 87
Figure 65. North American Electric Vehicle Market, 2019-2030, million units 87
Figure 66. Breakdown of North America Electric Vehicle Market by Country, 2019 and 2030, % of Revenue 88
Figure 67. Contribution to North America 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 89
Figure 68. U.S. Electric Vehicle Market, 2019-2030, $ bn 91
Figure 69. U.S. Electric Vehicle Market, 2019-2030, thousand units 91
Figure 70. Canada Electric Vehicle Market, 2019-2030, $ bn 94
Figure 71. Canada Electric Vehicle Market, 2019-2030, thousand units 95
Figure 72. European Electric Vehicle Market, 2019-2030, $ bn 98
Figure 73. European Electric Vehicle Market, 2019-2030, million units 98
Figure 74. Breakdown of European Electric Vehicle Market by Country, 2019 and 2030, % of Revenue 99
Figure 75. Contribution to Europe 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 100
Figure 76. Electric Vehicle Market in Germany, 2019-2030, $ bn 101
Figure 77. Electric Vehicle Market in Germany, 2019-2030, thousand units 102
Figure 78. Electric Vehicle Market in UK, 2019-2030, $ bn 104
Figure 79. Electric Vehicle Market in UK, 2019-2030, thousand units 105
Figure 80. Electric Vehicle Market in France, 2019-2030, $ bn 107
Figure 81. Electric Vehicle Market in France, 2019-2030, thousand units 108
Figure 82. Electric Vehicle Market in Norway, 2019-2030, $ bn 110
Figure 83. Electric Vehicle Market in Norway, 2019-2030, thousand units 111
Figure 84. Electric Vehicle Market in Netherlands, 2019-2030, $ bn 113
Figure 85. Electric Vehicle Market in Netherlands, 2019-2030, thousand units 114
Figure 86. Electric Vehicle Market in Rest of Europe, 2019-2030, $ bn 116
Figure 87. Asia-Pacific Electric Vehicle Market, 2019-2030, $ bn 119
Figure 88. Asia-Pacific Electric Vehicle Market, 2019-2030, million units 119
Figure 89. Breakdown of APAC Electric Vehicle Market by Country, 2019 and 2030, % of Revenue 120
Figure 90. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 121
Figure 91. Electric Vehicle Market in Japan, 2019-2030, $ bn 123
Figure 92. Electric Vehicle Market in Japan, 2019-2030, thousand units 123
Figure 93. Electric Vehicle Market in China, 2019-2030, $ bn 125
Figure 94. Electric Vehicle Market in China, 2019-2030, thousand units 126
Figure 95. Electric Vehicle Market in Australia, 2019-2030, $ bn 128
Figure 96. Electric Vehicle Market in Australia, 2019-2030, thousand units 129
Figure 97. Electric Vehicle Market in India, 2019-2030, $ bn 131
Figure 98. Electric Vehicle Market in India, 2019-2030, thousand units 132
Figure 99. Electric Vehicle Market in South Korea, 2019-2030, $ bn 134
Figure 100. Electric Vehicle Market in South Korea, 2019-2030, thousand units 135
Figure 101. Electric Vehicle Market in Rest of APAC, 2019-2030, $ bn 137
Figure 102. Latin America Electric Vehicle Market, 2019-2030, $ bn 140
Figure 103. Latin America Electric Vehicle Market, 2019-2030, million units 140
Figure 104. Breakdown of Latin America Electric Vehicle Market by Country, 2019 and 2030, % of Revenue 141
Figure 105. Contribution to Latin America 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 142
Figure 106. Electric Vehicle Market in Argentina, 2019-2030, $ bn 143
Figure 107. Electric Vehicle Market in Argentina, 2019-2030, thousand units 144
Figure 108. Electric Vehicle Market in Brazil, 2019-2030, $ bn 146
Figure 109. Electric Vehicle Market in Brazil, 2019-2030, thousand units 147
Figure 110. Electric Vehicle Market in Mexico, 2019-2030, $ bn 149
Figure 111. Electric Vehicle Market in Mexico, 2019-2030, thousand units 150
Figure 112. Electric Vehicle Market in Rest of Latin America, 2019-2030, $ bn 152
Figure 113. Electric Vehicle Market in Rest of the World (RoW), 2019-2030, $ bn 154
Figure 114. Electric Vehicle Market in Rest of the World (RoW), 2019-2030, million units 154
Figure 115. Breakdown of RoW Electric Vehicle Market by Country, 2019 and 2030, % of Revenue 155
Figure 116. Contribution to RoW 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 156
Figure 117. Electric Vehicle Market in UAE, 2019-2030, $ bn 157
Figure 118. Electric Vehicle Market in UAE, 2019-2030, thousand units 158
Figure 119. Electric Vehicle Market in Saudi Arabia, 2019-2030, $ bn 160
Figure 120. Electric Vehicle Market in Saudi Arabia, 2019-2030, thousand units 161
Figure 121. Electric Vehicle Market in Egypt, 2019-2030, $ bn 163
Figure 122. Electric Vehicle Market in Egypt, 2019-2030, thousand units 164
Figure 123. Growth Stage of Global Electric Vehicle Industry over the Forecast Period 167
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