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Electric Vehicles (On Road)-Global Market Insights and Sales Trends 2024
Synopsis
An electric vehicle uses one or more electric motors or adhesive friction motors for impulsion. An electric vehicle might be powered through a collector system by electricity from off-vehicle sources, or may be independent with a battery, solar panels or a generator to convert fuel to electricity.
The global Electric Vehicles (On Road) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Electric Vehicles (On Road) in various end use industries. The expanding demands from the Commercial and Household, are propelling Electric Vehicles (On Road) market. Electric Cars, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electric Buses segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Vehicles (On Road), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Vehicles (On Road) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Vehicles (On Road) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Vehicles (On Road) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Vehicles (On Road) covered in this report include Tesla, Honda Motor, Nissan Motor Corporation, Ford Motor Company, Toyota Motor Corporation, Bayerische Motoren Werke, General Motors, Volkswagen and Groupe Renault, etc.
The global Electric Vehicles (On Road) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tesla
Honda Motor
Nissan Motor Corporation
Ford Motor Company
Toyota Motor Corporation
Bayerische Motoren Werke
General Motors
Volkswagen
Groupe Renault
Daimler AG
Global Electric Vehicles (On Road) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Vehicles (On Road) market, Segment by Type:
Electric Cars
Electric Buses
Electric Bikes and Scooters
Other
Global Electric Vehicles (On Road) market, by Application
Commercial
Household
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Vehicles (On Road) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Vehicles (On Road) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
An electric vehicle uses one or more electric motors or adhesive friction motors for impulsion. An electric vehicle might be powered through a collector system by electricity from off-vehicle sources, or may be independent with a battery, solar panels or a generator to convert fuel to electricity.
The global Electric Vehicles (On Road) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Electric Vehicles (On Road) in various end use industries. The expanding demands from the Commercial and Household, are propelling Electric Vehicles (On Road) market. Electric Cars, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electric Buses segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Vehicles (On Road), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Vehicles (On Road) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Vehicles (On Road) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Vehicles (On Road) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Vehicles (On Road) covered in this report include Tesla, Honda Motor, Nissan Motor Corporation, Ford Motor Company, Toyota Motor Corporation, Bayerische Motoren Werke, General Motors, Volkswagen and Groupe Renault, etc.
The global Electric Vehicles (On Road) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tesla
Honda Motor
Nissan Motor Corporation
Ford Motor Company
Toyota Motor Corporation
Bayerische Motoren Werke
General Motors
Volkswagen
Groupe Renault
Daimler AG
Global Electric Vehicles (On Road) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Vehicles (On Road) market, Segment by Type:
Electric Cars
Electric Buses
Electric Bikes and Scooters
Other
Global Electric Vehicles (On Road) market, by Application
Commercial
Household
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Vehicles (On Road) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Vehicles (On Road) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Electric Vehicles (On Road) Market Overview
1.1 Electric Vehicles (On Road) Product Overview
1.2 Electric Vehicles (On Road) Market Segment by Type
1.2.1 Electric Cars
1.2.2 Electric Buses
1.2.3 Electric Bikes and Scooters
1.2.4 Other
1.3 Global Electric Vehicles (On Road) Market Size by Type
1.3.1 Global Electric Vehicles (On Road) Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Vehicles (On Road) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Vehicles (On Road) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Vehicles (On Road) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Vehicles (On Road) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Vehicles (On Road) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Vehicles (On Road) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Vehicles (On Road) Sales Breakdown by Type (2018-2023)
2 Global Electric Vehicles (On Road) Market Competition by Company
2.1 Global Top Players by Electric Vehicles (On Road) Sales (2018-2023)
2.2 Global Top Players by Electric Vehicles (On Road) Revenue (2018-2023)
2.3 Global Top Players by Electric Vehicles (On Road) Price (2018-2023)
2.4 Global Top Manufacturers Electric Vehicles (On Road) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Vehicles (On Road) Market Competitive Situation and Trends
2.5.1 Electric Vehicles (On Road) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Vehicles (On Road) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Vehicles (On Road) as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Vehicles (On Road) Market
2.8 Key Manufacturers Electric Vehicles (On Road) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Vehicles (On Road) Status and Outlook by Region
3.1 Global Electric Vehicles (On Road) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Vehicles (On Road) Historic Market Size by Region
3.2.1 Global Electric Vehicles (On Road) Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Vehicles (On Road) Sales in Value by Region (2018-2023)
3.2.3 Global Electric Vehicles (On Road) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Vehicles (On Road) Forecasted Market Size by Region
3.3.1 Global Electric Vehicles (On Road) Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Vehicles (On Road) Sales in Value by Region (2024-2029)
3.3.3 Global Electric Vehicles (On Road) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Vehicles (On Road) by Application
4.1 Electric Vehicles (On Road) Market Segment by Application
4.1.1 Commercial
4.1.2 Household
4.2 Global Electric Vehicles (On Road) Market Size by Application
4.2.1 Global Electric Vehicles (On Road) Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Vehicles (On Road) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Vehicles (On Road) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Vehicles (On Road) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Vehicles (On Road) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Vehicles (On Road) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Vehicles (On Road) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Vehicles (On Road) Sales Breakdown by Application (2018-2023)
5 North America Electric Vehicles (On Road) by Country
5.1 North America Electric Vehicles (On Road) Historic Market Size by Country
5.1.1 North America Electric Vehicles (On Road) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Vehicles (On Road) Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Vehicles (On Road) Sales in Value by Country (2018-2023)
5.2 North America Electric Vehicles (On Road) Forecasted Market Size by Country
5.2.1 North America Electric Vehicles (On Road) Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Vehicles (On Road) Sales in Value by Country (2024-2029)
6 Europe Electric Vehicles (On Road) by Country
6.1 Europe Electric Vehicles (On Road) Historic Market Size by Country
6.1.1 Europe Electric Vehicles (On Road) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Vehicles (On Road) Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Vehicles (On Road) Sales in Value by Country (2018-2023)
6.2 Europe Electric Vehicles (On Road) Forecasted Market Size by Country
6.2.1 Europe Electric Vehicles (On Road) Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Vehicles (On Road) Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Vehicles (On Road) by Region
7.1 Asia-Pacific Electric Vehicles (On Road) Historic Market Size by Region
7.1.1 Asia-Pacific Electric Vehicles (On Road) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Vehicles (On Road) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Vehicles (On Road) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Vehicles (On Road) Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Vehicles (On Road) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Vehicles (On Road) Sales in Value by Region (2024-2029)
8 Latin America Electric Vehicles (On Road) by Country
8.1 Latin America Electric Vehicles (On Road) Historic Market Size by Country
8.1.1 Latin America Electric Vehicles (On Road) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Vehicles (On Road) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Vehicles (On Road) Sales in Value by Country (2018-2023)
8.2 Latin America Electric Vehicles (On Road) Forecasted Market Size by Country
8.2.1 Latin America Electric Vehicles (On Road) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Vehicles (On Road) Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Vehicles (On Road) by Country
9.1 Middle East and Africa Electric Vehicles (On Road) Historic Market Size by Country
9.1.1 Middle East and Africa Electric Vehicles (On Road) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Vehicles (On Road) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Vehicles (On Road) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Vehicles (On Road) Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Vehicles (On Road) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Vehicles (On Road) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Tesla
10.1.1 Tesla Company Information
10.1.2 Tesla Introduction and Business Overview
10.1.3 Tesla Electric Vehicles (On Road) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Tesla Electric Vehicles (On Road) Products Offered
10.1.5 Tesla Recent Development
10.2 Honda Motor
10.2.1 Honda Motor Company Information
10.2.2 Honda Motor Introduction and Business Overview
10.2.3 Honda Motor Electric Vehicles (On Road) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Honda Motor Electric Vehicles (On Road) Products Offered
10.2.5 Honda Motor Recent Development
10.3 Nissan Motor Corporation
10.3.1 Nissan Motor Corporation Company Information
10.3.2 Nissan Motor Corporation Introduction and Business Overview
10.3.3 Nissan Motor Corporation Electric Vehicles (On Road) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Nissan Motor Corporation Electric Vehicles (On Road) Products Offered
10.3.5 Nissan Motor Corporation Recent Development
10.4 Ford Motor Company
10.4.1 Ford Motor Company Company Information
10.4.2 Ford Motor Company Introduction and Business Overview
10.4.3 Ford Motor Company Electric Vehicles (On Road) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Ford Motor Company Electric Vehicles (On Road) Products Offered
10.4.5 Ford Motor Company Recent Development
10.5 Toyota Motor Corporation
10.5.1 Toyota Motor Corporation Company Information
10.5.2 Toyota Motor Corporation Introduction and Business Overview
10.5.3 Toyota Motor Corporation Electric Vehicles (On Road) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Toyota Motor Corporation Electric Vehicles (On Road) Products Offered
10.5.5 Toyota Motor Corporation Recent Development
10.6 Bayerische Motoren Werke
10.6.1 Bayerische Motoren Werke Company Information
10.6.2 Bayerische Motoren Werke Introduction and Business Overview
10.6.3 Bayerische Motoren Werke Electric Vehicles (On Road) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Bayerische Motoren Werke Electric Vehicles (On Road) Products Offered
10.6.5 Bayerische Motoren Werke Recent Development
10.7 General Motors
10.7.1 General Motors Company Information
10.7.2 General Motors Introduction and Business Overview
10.7.3 General Motors Electric Vehicles (On Road) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 General Motors Electric Vehicles (On Road) Products Offered
10.7.5 General Motors Recent Development
10.8 Volkswagen
10.8.1 Volkswagen Company Information
10.8.2 Volkswagen Introduction and Business Overview
10.8.3 Volkswagen Electric Vehicles (On Road) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Volkswagen Electric Vehicles (On Road) Products Offered
10.8.5 Volkswagen Recent Development
10.9 Groupe Renault
10.9.1 Groupe Renault Company Information
10.9.2 Groupe Renault Introduction and Business Overview
10.9.3 Groupe Renault Electric Vehicles (On Road) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Groupe Renault Electric Vehicles (On Road) Products Offered
10.9.5 Groupe Renault Recent Development
10.10 Daimler AG
10.10.1 Daimler AG Company Information
10.10.2 Daimler AG Introduction and Business Overview
10.10.3 Daimler AG Electric Vehicles (On Road) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Daimler AG Electric Vehicles (On Road) Products Offered
10.10.5 Daimler AG Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Vehicles (On Road) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Vehicles (On Road) Industrial Chain Analysis
11.4 Electric Vehicles (On Road) Market Dynamics
11.4.1 Electric Vehicles (On Road) Industry Trends
11.4.2 Electric Vehicles (On Road) Market Drivers
11.4.3 Electric Vehicles (On Road) Market Challenges
11.4.4 Electric Vehicles (On Road) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Vehicles (On Road) Distributors
12.3 Electric Vehicles (On Road) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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