Global Electric Vehicle Market to reach a market size of $602.8 billion by 2025- KBV Research

Global Electric Vehicle Market to reach a market size of $602.8 billion by 2025- KBV Research

Global Electric Vehicle Market to reach a market size of $602.8 billion by 2025- KBV Research

Tecnología

According to a new report Global Electric Vehicle Market, published by KBV research, The Global Electric Vehicle Market size is expected to reach $602.8 billion by 2025, rising at a market growth of 24.7% CAGR during the forecast period.



The Hybrid Electric Vehicle market dominated the Global Electric Vehicle Market by Type 2018, growing at a CAGR of 17.7 % during the forecast period. The Battery Electric Vehicle market is expected to witness a CAGR of 29.7% during (2019-2025). Additionally, The Plug-in Hybrid Electric Vehicle market is expected to witness highest CAGR of 31.5% during (2019-2025).



The Passenger Vehicles market dominated the Global Electric Vehicle Market by Vehicle Type 2018, growing at a CAGR of 23.8 % during the forecast period. The Two-wheeler market is expected to witness a CAGR of 25.5% during (2019-2025).



The Asia Pacific market dominated the Global Electric Vehicle Market by Region 2018, growing at a CAGR of 25.4 % during the forecast period. The Europe market is expected to witness a CAGR of 23.6% during (2019-2025). Additionally, The North America market is expected to witness a CAGR of 23.8% during (2019-2025).



Full Report: https://www.kbvresearch.com/electric-vehicle-market/



The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Tesla, Inc., Volkswagen AG, Honda Motor Co. Ltd., BYD Company Limited, Volvo Group, BMW Group, Toyota Motor Corporation, Ford Motors Co. Ltd., Daimler AG and General Motors Co.



Global Electric Vehicle Market Segmentation



By Type



Hybrid Electric Vehicle



Battery Electric Vehicle



Plug-in Hybrid Electric Vehicle



By Vehicle Type



Passenger Vehicles



Two-wheeler



Commercial Vehicle



By Geography



North America



US



Canada



Mexico



Rest of North America



Europe



Germany



UK



France



Russia



Norway



Netherlands



Rest of Europe



Asia Pacific



China



Japan



India



South Korea



Singapore



Taiwan



Rest of Asia Pacific



LAMEA



Brazil



Argentina



UAE



Saudi Arabia



South Africa



Nigeria



Rest of LAMEA



Companies Profiled



Tesla, Inc.



Volkswagen AG



Honda Motor Co. Ltd.



BYD Company Limited



Volvo Group



BMW Group



Toyota Motor Corporation



Ford Motors Co. Ltd.



Daimler AG



General Motors Co.



Electric Vehicle Market Related Reports:



North America Market



Europe Market



Asia Pacific Market



LAMEA Market



 

KBV ResearchGlobal Electric Vehicle Market to reach a market size of $602.8 billion by 2025- KBV Research
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