Electric Vehicle (EV) Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$bn)

$ 343.01

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2024 Year-over-Year Growth

12.72%

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CAGR (2024-2028)

13.51%

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Report Coverage

Global

Electric Vehicle (EV) Market Segmentation

Market Segmentation & Scope
Type
BEV PHEV

Geography

Europe

UK France Germany

APAC

China India Japan South Korea

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

47%

of the growth will originate

from APAC

Global Market Size 2018 - 2028 (US$ Bn)

Market is segmented by Type into BEV, PHEV

The BEV is expected to be largest growing segment during 2024-2028

Largest Segment - Bev

US$ 917.13 Bn

Electric Vehicle (EV) Market by Type into BEV; 2018-2028 (US$ Bn)

BEV Market Revenue and Forecast 2018-2028 (US$ Bn)

BEV

  • BEV Market Size and Forecast 2018 to 2028 (US$ Bn)

Electric Vehicle (EV) Market by Type into PHEV; 2018-2028 (US$ Bn)

PHEV Market Revenue and Forecast 2018-2028 (US$ Bn)

PHEV

  • PHEV Market Size and Forecast 2018 to 2028 (US$ Bn)

Market is segmented by Geography into APAC, Europe, North America, South America, Middle East and Africa

The APAC is estimated to contribute 47% to the growth of global market during the forecast period 2024-2028.

Largest Segment - APAC

47%

Regional share of different regions, including APAC, Europe, North America, South America

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
APAC 96.35 XX XX XX XX XX XX XX XX XX XX XX
Europe XX 99.55 XX XX XX XX XX XX XX XX XX XX
North America XX XX 32.73 XX XX XX XX XX XX XX XX XX
South America XX XX XX 7.99 8.77 XX XX XX XX XX XX XX
Middle East and Africa XX XX XX XX XX XX XX XX XX XX XX XX

Electric Vehicle (EV) Market Size by Geography into APAC; 2018-2028 (US$ Bn)

APAC Market Revenue and Forecast 2018-2028 (US$ Bn)

Electric Vehicle (EV) Market Size by Country into China; 2018-2028 (US$ Bn)

China Market Revenue and Forecast 2018-2028 (US$ Bn)

Electric Vehicle (EV) Market Size by Country into Japan; 2018-2028 (US$ Bn)

Japan Market Revenue and Forecast 2018-2028 (US$ Bn)

Electric Vehicle (EV) Market Size by Geography into Europe; 2018-2028 (US$ Bn)

Europe Market Revenue and Forecast 2018-2028 (US$ Bn)

Electric Vehicle (EV) Market Size by Country into Germany; 2018-2028 (US$ Bn)

Germany Market Revenue and Forecast 2018-2028 (US$ Bn)

Electric Vehicle (EV) Market Size by Country into Norway; 2018-2028 (US$ Bn)

Norway Market Revenue and Forecast 2018-2028 (US$ Bn)

Electric Vehicle (EV) Market Size by Geography into North America; 2018-2028 (US$ Bn)

North America Market Revenue and Forecast 2018-2028 (US$ Bn)

Electric Vehicle (EV) Market Size by Country into US; 2018-2028 (US$ Bn)

US Market Revenue and Forecast 2018-2028 (US$ Bn)

Electric Vehicle (EV) Market Size by Geography into South America; 2018-2028 (US$ Bn)

South America Market Revenue and Forecast 2018-2028 (US$ Bn)

Electric Vehicle (EV) Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Bn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Bn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
Bayerische Motoren Werke AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
BYD Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Chery Automobile Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Chongqing Changan Automobile Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Dongfeng Motor Group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ford Motor Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Geely Auto International CorporationView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
General Motors Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Guangzhou Automobile Group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Honda Motor Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hyundai Motor Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mahindra and Mahindra Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mercedes Benz Group AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Nissan Motor Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Renault SASView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SAIC Motor Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Stellantis NVView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Tesla Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Toyota Motor Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Volkswagen AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Electric Vehicle (EV) Market Scope

  1. By Type
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Type, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Type, 2024 to 2028
      1. BEV
      2. PHEV
    4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Type, 2024 to 2028
  2. By Charging
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Charging, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Charging, 2024 to 2028
      1. Normal charging
      2. Super charging
    4. Y-o-Y Growth Trend Analysis By Charging, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Charging, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Region, 2024 to 2028
      1. APAC
      2. Europe
      3. North America
      4. South America
      5. Middle East and Africa
  4. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
      2. Japan
    4. By Type
    5. By Charging
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. Germany
      2. Norway
    4. By Type
    5. By Charging
  6. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. US
    4. By Type
    5. By Charging
  7. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Type
    4. By Charging
  8. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Type
    4. By Charging

Major Companies

Market companies

Name Profile Employees Headquarters Website
Bayerische Motoren Werke AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
BYD Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Chery Automobile Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Chongqing Changan Automobile Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Dongfeng Motor Group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ford Motor Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Geely Auto International CorporationView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
General Motors Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Guangzhou Automobile Group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Honda Motor Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hyundai Motor Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mahindra and Mahindra Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mercedes Benz Group AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Nissan Motor Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Renault SASView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SAIC Motor Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Stellantis NVView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Tesla Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Toyota Motor Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Volkswagen AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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