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Electric Vehicle Market Size, Share & Industry Analysis By Vehicle Type (Passenger Car and Commercial Vehicle), By Propulsion Type (Battery Electric Vehicle (BEV) and Hybrid Electric Vehicle (HEV)), By Drive Type (All Wheel Drive, Front Wheel Drive, and Rear Wheel Drive), By Range (Up to 150 Miles, 151-300 Miles, and Above 300 Miles), By Component (Battery Pack & High Voltage Component, Motor, Brake, Wheel & Suspension, Body & Chassis, and Low Voltage Electric Component) and Regional Forecast, 2024-2032

Last Updated: April 28, 2025 | Format: PDF | Report ID: FBI101678

 

Electric Vehicle Market

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  1. Introduction
    1. Research Scope
    2. Market Segmentation
    3. Research Methodology
    4. Definitions and Assumptions
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
    2. Market Restraints
    3. Market Opportunities
  4. Key Insights
    1. Key Industry Developments –Mergers, Acquisitions and Partnerships
    2. Porters Five Forces Analysis
    3. PEST Analysis
    4. Technological Development
    5. Supplier Outlook (Who Supply Whom)
    6. Regulatory Landscape
    7. Impact of Covid-19
  5. Global Electric Vehicle Market Analysis, Insights and Forecast, 2019-2032
    1. Key Findings / Definitions
    2. Market Analysis, Insights and Forecast – By Vehicle Type
      1. Passenger Car
      2. Commercial Vehicle
    3. Market Analysis, Insights and Forecast – By Propulsion Type
      1. Battery Electric Vehicle (BEV)
      2. Hybrid Electric Vehicle (HEV)
    4. Market Analysis, Insights and Forecast – By Drive Type
      1. All Wheel Drive
      2. Front Wheel Drive
      3. Rear Wheel Drive
    5. Market Analysis, Insights and Forecast – By Range
      1. Up to 150 Miles
      2. 151-300 Miles
      3. Above 300 Miles
    6. Market Analysis, Insights and Forecast – By Component
      1. Battery Pack & High Voltage Component
      2. Motor
      3. Brake, Wheel & Suspension
      4. Body & Chassis
      5. Low Voltage Electric Component
    7. Market Analysis, Insights and Forecast – By Region
      1. North America
      2. Europe
      3. Asia pacific
      4. Rest of the world
  6. North America Electric Vehicle Market Analysis, Insights and Forecast, 2019-2032
    1. Key Findings / Definitions
    2. Market Analysis, Insights and Forecast – By Vehicle Type
      1. Passenger Car
      2. Commercial Vehicle
    3. Market Analysis, Insights and Forecast – By Propulsion Type
      1. Battery Electric Vehicle (BEV)
      2. Hybrid Electric Vehicle (HEV)
    4. Market Analysis, Insights and Forecast – By Drive Type
      1. All Wheel Drive
      2. Front Wheel Drive
      3. Rear Wheel Drive
    5. Market Analysis, Insights and Forecast – By Range
      1. Up to 150 Miles
      2. 151-300 Miles
      3. Above 300 Miles
    6. Market Analysis, Insights and Forecast – By Component
      1. Battery Pack & High Voltage Component
      2. Motor
      3. Brake, Wheel & Suspension
      4. Body &Chassis
      5. Low Voltage Electric Component
    7. Market Analysis – By Country
      1. The U.S.
        1. By Vehicle Type
      2. Canada
        1. By Vehicle Type
      3. Mexico
        1. By Vehicle Type
  7. Europe Electric Vehicle Market Analysis, Insights and Forecast, 2019-2032
    1. Key Findings / Definitions
    2. Market Analysis, Insights and Forecast – By Vehicle Type
      1. Passenger Car
      2. Commercial Vehicle
    3. Market Analysis, Insights and Forecast – By Propulsion Type
      1. Battery Electric Vehicle (BEV)
      2. Hybrid Electric Vehicle (HEV)
    4. Market Analysis, Insights and Forecast – By Drive Type
      1. All Wheel Drive
      2. Front Wheel Drive
      3. Rear Wheel Drive
    5. Market Analysis, Insights and Forecast – By Range
      1. Up to 150 Miles
      2. 151-300 Miles
      3. Above 300 Miles
    6. Market Analysis, Insights and Forecast – By Component
      1. Battery Pack & High Voltage Component
      2. Motor
      3. Brake, Wheel & Suspension
      4. Body &Chassis
      5. Low Voltage Electric Component
    7. Market Analysis – By Country
      1. The U.K
        1. Vehicle Type
      2. Germany
        1. Vehicle Type
      3. France
        1. Vehicle Type
      4. Rest of Europe
        1. Vehicle Type
  8. Asia Pacific Electric Vehicle Market Analysis, Insights and Forecast, 2019-2032
    1. Key Findings / Definitions
    2. Market Analysis, Insights and Forecast – By Vehicle Type
      1. Passenger Car
      2. Commercial Vehicle
    3. Market Analysis, Insights and Forecast – By Propulsion Type
      1. Battery Electric Vehicle (BEV)
      2. Hybrid Electric Vehicle (HEV)
    4. Market Analysis, Insights and Forecast – By Drive Type
      1. All Wheel Drive
      2. Front Wheel Drive
      3. Rear Wheel Drive
    5. Market Analysis, Insights and Forecast – By Range
      1. Up to 150 Miles
      2. 151-300 Miles
      3. Above 300 Miles
    6. Market Analysis, Insights and Forecast – By Component
      1. Battery Pack & High Voltage Component
      2. Motor
      3. Brake, Wheel & Suspension
      4. Body &Chassis
      5. Low Voltage Electric Component
    7. Market Analysis – By Country
      1. China
        1. Vehicle Type
      2. India
        1. Vehicle Type
      3. Japan
        1. Vehicle Type
      4. Rest of Asia Pacific
        1. Vehicle Type
  9. Rest of the World Electric Vehicle Market Analysis, Insights and Forecast, 2019-2032
    1. Key Findings / Definitions
    2. Market Analysis, Insights and Forecast – By Vehicle Type
      1. Passenger Car
      2. Commercial Vehicle
    3. Market Analysis, Insights and Forecast – By Propulsion Type
      1. Battery Electric Vehicle (BEV)
      2. Hybrid Electric Vehicle (HEV)
    4. Market Analysis, Insights and Forecast – By Drive Type
      1. All Wheel Drive
      2. Front Wheel Drive
      3. Rear Wheel Drive
    5. Market Analysis, Insights and Forecast – By Range
      1. Up to 150 Miles
      2. 151-300 Miles
      3. Above 300 Miles
    6. Market Analysis, Insights and Forecast – By Component
      1. Battery Pack & High Voltage Component
      2. Motor
      3. Brake, Wheel & Suspension
      4. Body &Chassis
      5. Low Voltage Electric Component
  10. Competitive Analysis
    1. Key Industry Development
    2. Global Market Ranking Analysis (2023)
    3. Competition Dashboard
    4. Comparative Analysis – Major Players
    5. Company Profiles
      1. BMW Group (Germany)Overview
        1. Products & services
        2. SWOT Analysis
        3. Recent Developments
        4. Strategies
        5. Financials (Based on Availability)
      2. BYD Company Ltd. (China)
        1. Products & services
        2. SWOT Analysis
        3. Recent Developments
        4. Strategies
        5. Financials (Based on Availability)
      3. Daimler AG (Germany)
        1. Products & services
        2. SWOT Analysis
        3. Recent Developments
        4. Strategies
        5. Financials (Based on Availability)
      4. Ford Motor Company (U.S.)
        1. Products & services
        2. SWOT Analysis
        3. Recent Developments
        4. Strategies
        5. Financials (Based on Availability)
      5. General Motor Company (U.S.)
        1. Products & services
        2. SWOT Analysis
        3. Recent Developments
        4. Strategies
        5. Financials (Based on Availability)
      6. Nissan Motor Corporation (Japan)
        1. Products & services
        2. SWOT Analysis
        3. Recent Developments
        4. Strategies
        5. Financials (Based on Availability)
      7. Tesla (U.S.)
        1. Products & services
        2. SWOT Analysis
        3. Recent Developments
        4. Strategies
        5. Financials (Based on Availability)
      8. Toyota Motor Corporation (Japan)
        1. Products & services
        2. SWOT Analysis
        3. Recent Developments
        4. Strategies
        5. Financials (Based on Availability)
      9. Volkswagen AG (Germany)
        1. Products & services
        2. SWOT Analysis
        3. Recent Developments
        4. Strategies
        5. Financials (Based on Availability)
      10. Group Renault (France)
        1. Products & services
        2. SWOT Analysis
        3. Recent Developments
        4. Strategies
        5. Financials (Based on Availability)
Read Less

Figure 1: Global Electric Vehicle Market Revenue Breakdown (USD Billion, %) by Region, 2023 & 2032

Figure 2: Global Electric Vehicle Market Value Share (%), By Vehicle Type, 2023 & 2032

Figure 3: Global Electric Vehicle Market Forecast (USD Billion), by Passenger Car, 2019-2032

Figure 4: Global Electric Vehicle Market Forecast (USD Billion), by Commercial Vehicle, 2019-2032

Figure 5: Global Electric Vehicle Market Value Share (%), By Propulsion Type, 2023 & 2032

Figure 6: Global Electric Vehicle Market Forecast (USD Billion), by Battery Electric Vehicle (BEV), 2019-2032

Figure 7: Global Electric Vehicle Market Forecast (USD Billion), by Hybrid Electric Vehicle (HEV), 2019-2032

Figure 8: Global Electric Vehicle Market Value Share (%), By Drive Type, 2023 & 2032

Figure 9: Global Electric Vehicle Market Forecast (USD Billion), by All Wheel Drive, 2019-2032

Figure 10: Global Electric Vehicle Market Forecast (USD Billion), by Front Wheel Drive, 2019-2032

Figure 11: Global Electric Vehicle Market Forecast (USD Billion), by Rear Wheel Drive, 2019-2032

Figure 12: Global Electric Vehicle Market Value Share (%), By Range, 2023 & 2032

Figure 13: Global Electric Vehicle Market Forecast (USD Billion), by Up to 150 Miles, 2019-2032

Figure 14: Global Electric Vehicle Market Forecast (USD Billion), by 151-300 Miles, 2019-2032

Figure 15: Global Electric Vehicle Market Forecast (USD Billion), by Above 300 Miles ", 2019-2032

Figure 16: Global Electric Vehicle Market Value Share (%), By Component, 2023 & 2032

Figure 17: Global Electric Vehicle Market Forecast (USD Billion), by Battery Pack & High Voltage Component

, 2019-2032

Figure 18: Global Electric Vehicle Market Forecast (USD Billion), by Motor, 2019-2032

Figure 19: Global Electric Vehicle Market Forecast (USD Billion), by Brake, Wheel & Suspension, 2019-2032

Figure 20: Global Electric Vehicle Market Forecast (USD Billion), by Body & Chassis, 2019-2032

Figure 21: Global Electric Vehicle Market Forecast (USD Billion), by Low Voltage Electric Component, 2019-2032

Figure 22: Global Electric Vehicle Market Value (USD Billion), by Region, 2023 & 2032

Figure 23: North America Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 24: North America Electric Vehicle Market Value Share (%), By Vehicle Type, 2023

Figure 25: North America Electric Vehicle Market Value (USD Billion), By Propulsion Type, 2023 & 2032

Figure 26: North America Electric Vehicle Market Value Share (%), By Propulsion Type, 2023

Figure 27: North America Electric Vehicle Market Value (USD Billion), by Drive Type, 2023 & 2032

Figure 28: North America Electric Vehicle Market Value Share (%), by Drive Type, 2023

Figure 29: North America Electric Vehicle Market Value (USD Billion), by Range, 2023 & 2032

Figure 30: North America Electric Vehicle Market Value Share (%), by Range, 2023

Figure 31: North America Electric Vehicle Market Value (USD Billion), by Component, 2023 & 2032

Figure 32: North America Electric Vehicle Market Value Share (%), by Component, 2023

Figure 33: North America Electric Vehicle Market Value (USD Billion), By Country, 2023 & 2032

Figure 34: North America Electric Vehicle Market Value Share (%), by Country, 2023

Figure 35: U.S. Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 36: U.S. Electric Vehicle Market Value (%), By Vehicle Type, 2023

Figure 37: Canada Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 38: Canada Electric Vehicle Market Value (%), By Vehicle Type, 2023

Figure 39: Mexico Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 40: Mexico Electric Vehicle Market Value (%), By Vehicle Type, 2023

Figure 41: Europe Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 42: Europe Electric Vehicle Market Value Share (%), By Vehicle Type, 2023

Figure 43: Europe Electric Vehicle Market Value (USD Billion), By Propulsion Type, 2023 & 2032

Figure 44: Europe Electric Vehicle Market Value Share (%), By Propulsion Type, 2023

Figure 45: Europe Electric Vehicle Market Value (USD Billion), by Drive Type, 2023 & 2032

Figure 46: Europe Electric Vehicle Market Value Share (%), by Drive Type, 2023

Figure 47: Europe Electric Vehicle Market Value (USD Billion), by Range, 2023 & 2032

Figure 48: Europe Electric Vehicle Market Value Share (%), by Range, 2023

Figure 49: Europe Electric Vehicle Market Value (USD Billion), by Component, 2023 & 2032

Figure 50: Europe Electric Vehicle Market Value Share (%), by Component, 2023

Figure 51: Europe Electric Vehicle Market Value (USD Billion), By Country, 2023 & 2032

Figure 52: Europe Electric Vehicle Market Value Share (%), by Country, 2023

Figure 53: U.K.  Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 54: U.K.  Electric Vehicle Market Value (%), By Vehicle Type, 2023

Figure 55: Germany Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 56: Germany Electric Vehicle Market Value Share (%), By Vehicle Type, 2023

Figure 57: France Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 58: France Electric Vehicle Market Value Share (%), By Vehicle Type, 2023

Figure 59: Rest of Europe Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 60: Rest of Europe Electric Vehicle Market Value (%), By Vehicle Type, 2023

Figure 61: Asia Pacific Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 62: Asia Pacific Electric Vehicle Market Value Share (%), By Vehicle Type, 2023

Figure 63: Asia Pacific Electric Vehicle Market Value (USD Billion), By Propulsion Type, 2023 & 2032

Figure 64: Asia Pacific Electric Vehicle Market Value Share (%), By Propulsion Type, 2023

Figure 65: Asia Pacific Electric Vehicle Market Value (USD Billion), by Drive Type, 2023 & 2032

Figure 66: Asia Pacific Electric Vehicle Market Value Share (%), by Drive Type, 2023

Figure 67: Asia Pacific Electric Vehicle Market Value (USD Billion), by Range, 2023 & 2032

Figure 68: Asia Pacific Electric Vehicle Market Value Share (%), by Range, 2023

Figure 69: Asia Pacific Electric Vehicle Market Value (USD Billion), by Component, 2023 & 2032

Figure 70: Asia Pacific Electric Vehicle Market Value Share (%), by Component, 2023

Figure 71: Asia Pacific Electric Vehicle Market Value (USD Billion), By Country, 2023 & 2032

Figure 72: Asia Pacific Electric Vehicle Market Value Share (%), by Country, 2023

Figure 73: China Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 74: China Electric Vehicle Market Value (%), By Vehicle Type, 2023

Figure 75: India Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 76: India Electric Vehicle Market Value (%), By Vehicle Type, 2023

Figure 77: Japan Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 78: Japan Electric Vehicle Market Value (%), By Vehicle Type, 2023

Figure 79: Rest of Asia Pacific Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 80: Rest of Asia Pacific Electric Vehicle Market Value (%), By Vehicle Type, 2023

Figure 81: Rest of the World Electric Vehicle Market Value (USD Billion), By Vehicle Type, 2023 & 2032

Figure 82: Rest of the World Electric Vehicle Market Value Share (%), By Vehicle Type, 2023

Figure 83: Rest of the World Electric Vehicle Market Value (USD Billion), By Propulsion Type, 2023 & 2032

Figure 84: Rest of the World Electric Vehicle Market Value Share (%), By Propulsion Type, 2023

Figure 85: Rest of the World Electric Vehicle Market Value (USD Billion), by Drive Type, 2023 & 2032

Figure 86: Rest of the World Electric Vehicle Market Value Share (%), by Drive Type, 2023

Figure 87: Rest of the World Electric Vehicle Market Value (USD Billion), by Range, 2023 & 2032

Figure 88: Rest of the World Electric Vehicle Market Value Share (%), by Range, 2023

Figure 89: Rest of the World Electric Vehicle Market Value (USD Billion), by Component, 2023 & 2032

Figure 90: Rest of the World Electric Vehicle Market Value Share (%), by Component, 2023

Figure 91: Global Market Ranking (%) Analysis, By Manufacturers, 2023 

Table 1: Global Electric Vehicle Market Revenue (USD Billion) Forecast, By Vehicle Type 2019–2032

Table 2: Global Electric Vehicle Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 3: Global Electric Vehicle Market Revenue (USD Billion) Forecast, By Drive Type, 2019–2032

Table 4: Global Electric Vehicle Market Revenue (USD Billion) Forecast, By Range, 2019–2032

Table 5: Global Electric Vehicle Market Revenue (USD Billion) Forecast, By Component, 2019–2032

Table 6: Global Electric Vehicle Market Revenue (USD Billion) Forecast, By Region, 2019–2032

Table 7: North America Electric Vehicle Market Revenue (USD Billion) Forecast, By Vehicle Type 2019–2032

Table 8: North America Electric Vehicle Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 9: North America Electric Vehicle Market Revenue (USD Billion) Forecast, By Drive Type, 2019–2032

Table 10: North America Electric Vehicle Market Revenue (USD Billion) Forecast, By Range, 2019–2032

Table 11: North America Electric Vehicle Market Revenue (USD Billion) Forecast, By Component, 2019–2032

Table 12: North America Electric Vehicle Market Revenue (USD Billion) Forecast, By Country, 2019–2032

Table 13: U.S. Electric Vehicle Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019–2032

Table 14: Canada Electric Vehicle Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019–2032

Table 15: Mexico Electric Vehicle Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019–2032

Table 16: Europe Electric Vehicle Market Revenue (USD Billion) Forecast, By Vehicle Type 2019–2032

Table 17: Europe Electric Vehicle Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 18: Europe Electric Vehicle Market Revenue (USD Billion) Forecast, By Drive Type, 2019–2032

Table 19: Europe Electric Vehicle Market Revenue (USD Billion) Forecast, By Range, 2019–2032

Table 20: Europe Electric Vehicle Market Revenue (USD Billion) Forecast, By Component, 2019–2032

Table 21: Europe Electric Vehicle Market Revenue (USD Billion) Forecast, by Country, 2019–2032

Table 22: U.K.  Electric Vehicle Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019–2032

Table 23: Germany Electric Vehicle Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019–2032

Table 24: France Electric Vehicle Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019–2032

Table 25: Rest of Europe Electric Vehicle Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019–2032

Table 26: Asia Pacific Electric Vehicle Market Revenue (USD Billion) Forecast, By Vehicle Type 2019–2032

Table 27: Asia Pacific Electric Vehicle Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 28: Asia Pacific Electric Vehicle Market Revenue (USD Billion) Forecast, By Drive Type, 2019–2032

Table 29: Asia Pacific Electric Vehicle Market Revenue (USD Billion) Forecast, By Range, 2019–2032

Table 30: Asia Pacific Electric Vehicle Market Revenue (USD Billion) Forecast, By Component, 2019–2032

Table 31: Asia Pacific Electric Vehicle Market Revenue (USD Billion) Forecast, by Country, 2019–2032

Table 32: China Electric Vehicle Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019–2032

Table 33: India Electric Vehicle Market Revenue (USD Billion) Forecast, by vehicle Type, 2019–2032

Table 34: Japan Electric Vehicle Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019–2032

Table 35: Rest of Asia Pacific Electric Vehicle Market Revenue (USD Billion) Forecast, by Vehicle Type, 2019–2032

Table 36: Rest of the World Electric Vehicle Market Revenue (USD Billion) Forecast, By Vehicle Type, 2019–2032

Table 37: Rest of the World Electric Vehicle Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 38: Rest of the World Electric Vehicle Market Revenue (USD Billion) Forecast, By Drive Type, 2019–2032

Table 39: Rest of the World Electric Vehicle Market Revenue (USD Billion) Forecast, By Range, 2019–2032

Table 40: Rest of the World Electric Vehicle Market Revenue (USD Billion) Forecast, By Component, 2019–2032

Electric Vehicle Market Size, Share and Global Industry Trend Forecast till 2032
  • 2019-2032
  • 2023
  • 2019-2022
  • 150
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