The Global Electric Mobility Market was valued at US $482.83 Billion in 2022. The market is expected to grow at a CAGR of 10.37% valuing at US $963.55 Billion by 2029.
Electric Mobility Market Overview:
The Global Electric Mobility Market 2023–2029 research from Maximize Market Research is helpful for studying the market's rivals. The report offers a thorough and fundamental analysis of the market, including a look of irrational elements that could give readers crucial business insights. The study offers a market overview that describes the value chain's structure, as well as the market's size, applications, and forecast for the years (2023–2029). The study will be used to get a more precise assessment of the present and future state of the global Electric Mobility market.
Electric Mobility Market Scope:
By examining a number of factors, including global Electric Mobility market growth, consumption volume, market trends, and firm pricing structures throughout the anticipated time, the research offers an analytical assessment of the industry. In-depth research is used in the analysis to examine the market's complexity. In addition to market features, market segmentation analysis, market size, customer landscape, and regional landscape, the report offers an overview of the global Electric Mobility market. In its research, the study takes into account growth drivers, current trends, innovations, prospects, and the competitive landscape. Based on productivity and manufacturing base, this market has been investigated in a number of different ways.
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Electric Mobility Market Dynamics:
Here are some of the major factors influencing the market for electric vehicles:
Governmental Measures:The electric mobility market is greatly shaped by governmental legislation. Many nations have established tax credits and rebates as well as other incentives and subsidies to encourage the use of electric vehicles. The market is also expanding as a result of other rules and mandates, like pollution standards and zero-emissions car requirements. Government backing, while varying in type and degree by location, is a major factor in the expansion of the market.
Electric Mobility Market Segmentation:
by Vehicle Type
• Electric Passenger Cars
• Electric Buses
• Electric Trucks
• Electric Motorcycles and Scooters
by Technology
• Battery Electric Vehicles (BEVs)
• Plug-in Hybrid Electric Vehicles (PHEVs)
• Fuel Cell Electric Vehicles (FCEVs)
by Infrastructure
• EV Charging Stations (Level 1, Level 2, DC Fast Charging)
• Battery Swapping Stations
• Wireless Charging
by End-User
• Personal Mobility (Passenger Cars and Two-Wheelers)
• Public Transport (Buses and Trains)
• Commercial Fleets (Delivery Vans and Trucks)
by Power Output
• Low-Power Electric Mobility (Electric Two-Wheelers and Low-Power Passenger Cars)
• Medium-Power Electric Mobility (Electric Passenger Cars and Light Commercial Vehicles)
• High-Power Electric Mobility (Electric Buses and Heavy-Duty Commercial Vehicles)
by Component
• Electric Motors
• Lithium-ion Batteries
• Power Electronics
• On-board Chargers
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Electric Mobility Market Key Players:
The main rivals and up-and-coming players in the global Electric Mobility market are then thoroughly covered, together with market share based on revenue, demand, high-quality product manufacturers, sales, and service providers. The research also evaluates raw material sources, import-export, the value chain, price structure, and the industrial supply chain in addition to capacity utilization. The following participants are highlighted in this study:
North America:
• Tesla - USA
• General Motors - USA
• Ford Motor Company - USA
• Rivian - USA
• Fisker Inc. - USA
• Lucid Motors - USA
• Proterra - USA
• NIO - Canada
Europe:
• Volkswagen Group - Germany
• BMW Group - Germany
• Daimler AG - Germany
• Renault-Nissan-Mitsubishi Alliance - France/Japan
• Volvo Cars - Sweden
• Polestar - Sweden
• Jaguar Land Rover - UK
• Aston Martin - UK
• Rimac Automobili - Croatia
Asia-Pacific:
• BYD - China
• SAIC Motor - China
• Geely - China
• Tesla - China
• Toyota - Japan
• Honda - Japan
• Hyundai-Kia - South Korea
• Mahindra & Mahindra – India
Africa:
• Mobius Motors - Kenya
• Kiira Motors - Uganda
• Laraki Motors - Morocco
• Electricite de France (EDF) - Egypt/Morocco/Senegal/South Africa
Middle East:
• FMS Tech - United Arab Emirates
• Careem - United Arab Emirates
• Tesla - United Arab Emirates/Saudi Arabia
• EKar - Saudi Arabia
• Emaar Properties - Saudi Arabia
South America:
• WEG - Brazil
• Ambev - Brazil
• Itaipu Binacional - Brazil/Paraguay
• BYD - Brazil/Argentina/Chile
Electric Mobility Market Regional Analysis:
The report has analyzed the global Electric Mobility market in the following regions:
- America, North (the United States, Canada, and Mexico)
- European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia, and Rest of South America)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Electric Mobility market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Electric Mobility Market:
Practically every industry has been hit by the unprecedented global public health disaster known as COVID-19, and the long-term effects are anticipated to have an impact on industry growth for the duration of the forecast period. Our ongoing investigation broadens our research approach to incorporate core COVID-19 concerns and possible next stages. The study sheds light on COVID-19 by considering shifts in consumer demand and behavior, shopping habits, supply chain rerouting, the dynamics of current market forces, and significant government actions. The updated research includes new information, analysis, projections, and predictions based on COVID-19's impact on the market.
Key Questions Answered in the Electric Mobility Market Report are:
- Which are the major companies in the Electric Mobility market?
- Which is the potential market for Electric Mobility in terms of the region?
- Which application area of Electric Mobility is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will be the Electric Mobility market size by 2029?
- What are the growth prospects for the Electric Mobility market?
- What is the base year considered in the Electric Mobility market report?
- Which region holds the largest market share in the Electric Mobility market?
- What factors are anticipated to drive the Electric Mobility market?
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