LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car market and it is poised to grow by USD 5.78 mn units during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request latest free sample report of 2020-2024
The market is concentrated, and the degree of concentration will increase during the forecast period. Nissan, Tesla and Volkswagen are some of the major market participants. The increasing demand and sales of BEVs will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing demand and sales of BEVs has been instrumental in driving the growth of the market.
Electric Car Market 2020-2024: Segmentation
Electric Car Market is segmented as below:
Type
- Hatchbacks
- Sedans
- Others
Geographic segmentation
- The Americas
- APAC
- EMEA
To learn more about the global trends impacting the future of market research, download latest free sample report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR30568
Electric Car Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our electric car market report covers the following areas:
- Electric Car Market size
- Electric Car Market trends
- Electric Car Market industry analysis
This study identifies increase in the number of electric cars launches as one of the prime reasons driving the electric car market growth during the next few years.
Electric Car Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the electric car market, including some of the vendors such as Nissan, Tesla and Volkswagen. Backed with competitive intelligence and benchmarking, our research reports on the electric car market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Electric Car Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist electric car market growth during the next five years
- Estimation of the electric car market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behaviour
- The growth of the electric car market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of electric car market vendors
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market size and forecast 2020-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: CUSTOMER LANDSCAPE
PART 07: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2024
- EMEA - Market size and forecast 2020-2024
- Americas - Market size and forecast 2020-2024
- Key leading countries
- Market opportunity
PART 08: MARKET SEGMENTATION BY BODY TYPE
- Market segmentation by body type
- Comparison by body type
- Hatchbacks - Market size and forecast 2020-2024
- Sedans - Market size and forecast 2020-2024
- Others - Market size and forecast 2020-2024
- Market opportunity by body type
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
- Increase in number of new electric car launches across globe
- All-electric cars serving as platform for fully autonomous vehicles
- Emergence of wireless charging systems for EVs
- Growing production of in-house electric motors by OEMs
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- BAIC Motor
- BMW
- BYD Company
- CHERY
- General Motors
- Nissan
- Tesla
- Volkswagen
PART 13: APPENDIX
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
