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Electric Vehicle (EV) Market 2020-2030 by Offering, Propulsion Technology (BEV, HEV, PHEV, FCEV), Power Source, Charging Level (Level 1, Level 2, Fast Charging), Vehicle Type, and Region: Trend Outlook and Growth Opportunity

  • Report ID: 3567
  • Date: Sep, 2021
  • Pages: 196
  • Category: Automotive & Transportation

Global Electric Vehicle (EV) Market is expected to reach $1,299.3 billion by 2030, representing a 2020-2030 CAGR of 19.8%.

Highlighted with 88 tables and 123 figures, this 196-page report “Global Electric Vehicle (EV) Market 2020-2030 by Offering, Propulsion Technology (BEV, HEV, PHEV, FCEV), Power Source, Charging Level (Level 1, Level 2, Fast Charging), Vehicle Type, and Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global Electric Vehicle (EV) Market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

In this report 2019 is the base year for market analysis, with estimates and forecast covering 2020-2030. (Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analysis of electric vehicle (EV) market include identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global Electric Vehicle (EV) Market in every aspect of the classification from perspectives of Offering, Propulsion Technology, Power Source, Charging Level, Vehicle Type, and Region.

Based on offering, the global market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.

Hardware

• Battery

• Motor

• Regenerative Brakes

• Infotainment System

On-Board Charger

Software

Service

Based on Propulsion Technology, the global electric vehicle (EV) market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section.

• Battery Electric Vehicle (BEV)

• Hybrid Electric Vehicle (HEV)

• Plug-in Hybrid Electric Vehicle (PHEV)

• Fuel Cell Electric Vehicle (FCEV)

Based on Power Source, the global electric vehicle (EV) market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section.

• Onboard Electricity Storage

• Onboard Electricity Generation

Based on Charging Level, the global electric vehicle (EV) market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section. Each segment is further split by sensor type.

• Level 1

• Level 2

• Fast Charging

Based on Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ bn) and sales volume (million units) for 2019-2030 included in each section.

Passenger Cars

Commercial Vehicles

• Buses

• Heavy Trucks

• Light Commercial Vehicles

Two-Wheelers

Other Vehicle Types

Geographically, the following regions together with the listed national/local markets are fully investigated:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

• Europe (Germany, UK, France, Norway, The Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Denmark, Austria, Spain, Sweden, Italy, Poland, Czech Republic, Slovakia, Hungary, and Romania)

• North America (U.S. and Canada)

• Latin America (Brazil, Mexico, Argentina, Rest of Latin America)

• RoW (Saudi Arabia, UAE, Egypt)

For each of the aforementioned regions and countries, market analysis and revenue/sales volume data are available for 2019-2030. The breakdown of all regional markets by country and split of major national markets by Propulsion Technology, Charging Level, and Vehicle Type over the study years (2019-2030) are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in global Electric Vehicle (EV) Market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

BMW Group
BYD Company Ltd.
Ford Motor Company
Geely-Volvo
General Motors Company
Honda Motors Co., Ltd.
Hyundai-Kia
LG Chem Ltd.
Mitsubishi Motors Corporation
Nissan Motor Corporation Ltd.
Panasonic Corporation
SAIC
Samsung SDI
Tesla Inc.
Toyota Motor Corporation
Volkswagen Group

(Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 27
2.4 Emerging Opportunities and Market Trends 30
2.5 Porter’s Fiver Forces Analysis 33
3 Segmentation of Global Market by Offering 37
3.1 Market Overview by Offering 37
3.2 Hardware 39
3.3 Software 40
3.4 Service 41
4 Segmentation of Global Market by Propulsion Technology 42
4.1 Market Overview by Propulsion Technology 42
4.2 Battery Electric Vehicle (BEV) 45
4.3 Hybrid Electric Vehicle (HEV) 47
4.4 Plug-in Hybrid Electric Vehicle (PHEV) 49
4.5 Fuel Cell Electric Vehicle (FCEV) 51
5 Segmentation of Global Market by Power Source 53
5.1 Market Overview by Power Source 53
5.2 Onboard Electricity Storage 56
5.3 Onboard Electricity Generation 58
6 Segmentation of Global Market by Charging Level 60
6.1 Market Overview by Charging Level 60
6.2 Level 1 Charging 64
6.3 Level 2 Charging 66
6.4 Fast Charging 68
7 Segmentation of Global Market by Vehicle Type 70
7.1 Market Overview by Vehicle Type 70
7.2 Passenger Cars 73
7.3 Commercial Vehicles 75
7.4 Two-Wheelers 77
7.5 Other Vehicle Types 79
8 Segmentation of Global Market by Region 81
8.1 Geographic Market Overview 2019-2030 81
8.2 North America Market 2019-2030 by Country 86
8.2.1 Overview of North America Market 86
8.2.2 U.S. Market 90
8.2.3 Canadian Market 94
8.3 European Market 2019-2030 by Country 97
8.3.1 Overview of European Market 97
8.3.2 Germany 101
8.3.3 UK 104
8.3.4 France 107
8.3.5 Norway 110
8.3.6 Netherlands 113
8.3.7 Rest of European Market 116
8.4 Asia-Pacific Market 2019-2030 by Country 118
8.4.1 Overview of Asia-Pacific Market 118
8.4.2 Japan 122
8.4.3 China 125
8.4.4 Australia 128
8.4.5 India 131
8.4.6 South Korea 134
8.4.7 Rest of APAC Region 137
8.5 Latin America Market 2019-2030 by Country 139
8.5.1 Argentina 143
8.5.2 Brazil 146
8.5.3 Mexico 149
8.5.4 Rest of Latin America Market 152
8.6 Rest of World Market 2019-2030 by Country 153
8.6.1 UAE 157
8.6.2 Saudi Arabia 160
8.6.3 Egypt 163
8.6.4 Other National Markets 166
9 Competitive Landscape 167
9.1 Overview of Key Vendors 167
9.2 New Product Launch, Partnership, Investment, and M&A 171
9.3 Company Profiles 173
BMW Group 173
BYD Company Ltd. 175
Ford Motor Company 176
Geely-Volvo 177
General Motors Company 178
Honda Motors Co., Ltd. 179
Hyundai-Kia 180
LG Chem Ltd. 181
Mitsubishi Motors Corporation 182
Nissan Motor Corporation Ltd. 183
Panasonic Corporation 184
SAIC 185
Samsung SDI 186
Tesla Inc. 187
Toyota Motor Corporation 188
Volkswagen Group 189
10 Investing in Global Market: Risk Assessment and Management 190
10.1 Risk Evaluation of Global Market 190
10.2 Critical Success Factors (CSFs) 193
Related Reports and Products 196


List of Tables

Table 1. Snapshot of Global Electric Vehicle Market, 2019-2030 19
Table 2. Milestones of Electric Vehicle Development, 1996-2019 22
Table 3. Main Product Trends and Market Opportunities in Global Electric Vehicle Market 30
Table 4. Global Electric Vehicle Market by Offering, 2019-2030, $ bn 37
Table 5. Global Electric Vehicle Market by Component, 2019-2030, $ bn 39
Table 6. Global Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 42
Table 7. Global Electric Vehicle Market by Propulsion Technology, 2019-2030, million units 43
Table 8. Global Electric Vehicle Market by Power Source, 2019-2030, $ bn 53
Table 9. Global Electric Vehicle Market by Power Source, 2019-2030, million units 54
Table 10. Characteristics of Charging Levels as Defined by the SAE and Charging Modes as Defined by the IEC 60
Table 11. Global Electric Vehicle Market by Charging Level, 2019-2030, $ bn 61
Table 12. Global Electric Vehicle Market by Charging Level, 2019-2030, million units 62
Table 13. Global Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 70
Table 14. Global Electric Vehicle Market by Vehicle Type, 2019-2030, million units 71
Table 15. Global Commercial Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 75
Table 16. Global Electric Vehicle Market by Region, 2019-2030, $ bn 82
Table 17. Global Electric Vehicle Market by Region, 2019-2030, million units 83
Table 18. Leading National Electric Vehicle Market, 2019 and 2030, $ bn 85
Table 19. North America Electric Vehicle Market by Country, 2019-2030, $ bn 88
Table 20. U.S. Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 92
Table 21. U.S. Electric Vehicle Market by Charging Level, 2019-2030, $ bn 92
Table 22. U.S. Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 92
Table 23. Canada Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 96
Table 24. Canada Electric Vehicle Market by Charging Level, 2019-2030, $ bn 96
Table 25. Canada Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 96
Table 26. Europe Electric Vehicle Market by Country, 2019-2030, $ bn 100
Table 27. Germany Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 103
Table 28. Germany Electric Vehicle Market by Charging Level, 2019-2030, $ bn 103
Table 29. Germany Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 103
Table 30. UK Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 106
Table 31. UK Electric Vehicle Market by Charging Level, 2019-2030, $ bn 106
Table 32. UK Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 106
Table 33. France Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 109
Table 34. France Electric Vehicle Market by Charging Level, 2019-2030, $ bn 109
Table 35. France Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 109
Table 36. Norway Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 112
Table 37. Norway Electric Vehicle Market by Charging Level, 2019-2030, $ bn 112
Table 38. Norway Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 112
Table 39. Netherlands Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 115
Table 40. Netherlands Electric Vehicle Market by Charging Level, 2019-2030, $ bn 115
Table 41. Netherlands Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 115
Table 42. Electric Vehicle Market in Rest of Europe by Country, 2019-2030, $ bn 117
Table 43. APAC Electric Vehicle Market by Country, 2019-2030, $ bn 120
Table 44. Japan Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 124
Table 45. Japan Electric Vehicle Market by Charging Level, 2019-2030, $ bn 124
Table 46. Japan Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 124
Table 47. China Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 127
Table 48. China Electric Vehicle Market by Charging Level, 2019-2030, $ bn 127
Table 49. China Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 127
Table 50. Australia Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 130
Table 51. Australia Electric Vehicle Market by Charging Level, 2019-2030, $ bn 130
Table 52. Australia Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 130
Table 53. India Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 133
Table 54. India Electric Vehicle Market by Charging Level, 2019-2030, $ bn 133
Table 55. India Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 133
Table 56. South Korea Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 136
Table 57. South Korea Electric Vehicle Market by Charging Level, 2019-2030, $ bn 136
Table 58. South Korea Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 136
Table 59. Electric Vehicle Market in Rest of APAC by Country, 2019-2030, $ bn 138
Table 60. Latin America Electric Vehicle Market by Country, 2019-2030, $ bn 142
Table 61. Argentina Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 145
Table 62. Argentina Electric Vehicle Market by Charging Level, 2019-2030, $ bn 145
Table 63. Argentina Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 145
Table 64. Brazil Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 148
Table 65. Brazil Electric Vehicle Market by Charging Level, 2019-2030, $ bn 148
Table 66. Brazil Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 148
Table 67. Mexico Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 151
Table 68. Mexico Electric Vehicle Market by Charging Level, 2019-2030, $ bn 151
Table 69. Mexico Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 151
Table 70. RoW Electric Vehicle Market by Country, 2019-2030, $ bn 155
Table 71. UAE Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 159
Table 72. UAE Electric Vehicle Market by Charging Level, 2019-2030, $ bn 159
Table 73. UAE Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 159
Table 74. Saudi Arabia Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 162
Table 75. U.S. Saudi Arabia Electric Vehicle Market by Charging Level, 2019-2030, $ bn 162
Table 76. Saudi Arabia Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 162
Table 77. Egypt Electric Vehicle Market by Propulsion Technology, 2019-2030, $ bn 165
Table 78. Egypt Electric Vehicle Market by Charging Level, 2019-2030, $ bn 165
Table 79. Egypt Electric Vehicle Market by Vehicle Type, 2019-2030, $ bn 165
Table 80. Breakdown of Global Market by Automaker, 2019, % 169
Table 81. Breakdown of Global Market by Battery Supplier, 2019, % 169
Table 82. BMW Group: Company Snapshot 173
Table 83. BMW Group: Business Segmentation 173
Table 84. BMW Group: Product Portfolio 174
Table 85. BMW Group: Revenue, 2016-2018, $ bn 174
Table 86. BMW Group: Recent Developments 174
Table 87. Risk Evaluation for Investing in Global Market, 2019-2030 191
Table 88. Critical Success Factors and Key Takeaways 194


List of Figures

Figure 1. Research Method Flow Chart 13

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16

Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 18

Figure 4. Global Electric Vehicle Market, 2019-2030, $ bn 20

Figure 5. Global Electric Vehicle Market, 2019-2030, million units 21

Figure 6. Average Selling Price of Electric Vehicles, 2019-2030, thousand USD/unit 21

Figure 7. Share of Electric Vehicle Sales in Total Car Sales in Worldwide Market, 2019-2030, % 23

Figure 8. Primary Drivers and Impact Factors of Global Electric Vehicle Market 24

Figure 9. Primary Restraints and Impact Factors of Global Electric Vehicle Market 27

Figure 10. Porter’s Fiver Forces Analysis of Global Electric Vehicle Market 33

Figure 11. Breakdown of Global Electric Vehicle Market by Offering, 2019-2030, % of Revenue 37

Figure 12. Contribution to Global 2020-2030 Cumulative Revenue by Offering, Value ($ bn) and Share (%) 38

Figure 13. Global Electric Vehicle Market: Hardware, 2019-2030, $ bn 39

Figure 14. Global Electric Vehicle Market: Software, 2019-2030, $ bn 40

Figure 15. Global Electric Vehicle Market: Service, 2019-2030, $ bn 41

Figure 16. Breakdown of Global Electric Vehicle Market by Propulsion Technology, 2019-2030, % of Revenue 42

Figure 17. Breakdown of Global Electric Vehicle Market by Propulsion Technology, 2019-2030, % of Sales Volume 43

Figure 18. Contribution to Global 2020-2030 Cumulative Revenue by Propulsion Technology, Value ($ bn) and Share (%) 44

Figure 19. Contribution to Global 2020-2030 Cumulative Revenue by Propulsion Technology, Volume (million units) and Share (%) 44

Figure 20. Global Electric Vehicle Market: Battery Electric Vehicle (BEV), 2019-2030, $ bn 45

Figure 21. Global Electric Vehicle Market: Battery Electric Vehicle (BEV), 2019-2030, million units 46

Figure 22. Global Electric Vehicle Market: Hybrid Electric Vehicle (HEV), 2019-2030, $ bn 47

Figure 23. Global Electric Vehicle Market: Hybrid Electric Vehicle (HEV), 2019-2030, million units 48

Figure 24. Global Electric Vehicle Market: Plug-in Hybrid Electric Vehicle (PHEV), 2019-2030, $ bn 49

Figure 25. Global Electric Vehicle Market: Plug-in Hybrid Electric Vehicle (PHEV), 2019-2030, million units 50

Figure 26. Plug-in Electric Vehicle Ownership Per Capita in Top Selling Countries, December 2018-2030, units per 1000 people 50

Figure 27. Global Electric Vehicle Market: Fuel Cell Electric Vehicle (FCEV), 2019-2030, $ bn 51

Figure 28. Global Electric Vehicle Market: Fuel Cell Electric Vehicle (FCEV), 2019-2030, million units 52

Figure 29. Breakdown of Global Electric Vehicle Market by Power Source, 2019-2030, % of Revenue 53

Figure 30. Breakdown of Global Electric Vehicle Market by Power Source, 2019-2030, % of Sales Volume 54

Figure 31. Contribution to Global 2020-2030 Cumulative Revenue by Power Source, Value ($ bn) and Share (%) 55

Figure 32. Contribution to Global 2020-2030 Cumulative Revenue by Power Source, Volume (million units) and Share (%) 55

Figure 33. Global Electric Vehicle Market: Onboard Electricity Storage, 2019-2030, $ bn 56

Figure 34. Global Electric Vehicle Market: Onboard Electricity Storage, 2019-2030, million units 57

Figure 35. Global Electric Vehicle Market: Onboard Electricity Generation, 2019-2030, $ bn 58

Figure 36. Global Electric Vehicle Market: Onboard Electricity Generation, 2019-2030, million units 59

Figure 37. Breakdown of Global Electric Vehicle Market by Charging Level, 2019-2030, % of Revenue 61

Figure 38. Breakdown of Global Electric Vehicle Market by Charging Level, 2019-2030, % of Sales Volume 62

Figure 39. Contribution to Global 2020-2030 Cumulative Revenue by Charging Level, Value ($ bn) and Share (%) 63

Figure 40. Contribution to Global 2020-2030 Cumulative Revenue by Charging Level, Volume (million units) and Share (%) 63

Figure 41. Global Electric Vehicle Market: Level 1 Charging, 2019-2030, $ bn 64

Figure 42. Global Electric Vehicle Market: Level 1 Charging, 2019-2030, million units 65

Figure 43. Global Electric Vehicle Market: Level 2 Charging, 2019-2030, $ bn 66

Figure 44. Global Electric Vehicle Market: Level 2 Charging, 2019-2030, million units 67

Figure 45. Global Electric Vehicle Market: Fast Charging, 2019-2030, $ bn 68

Figure 46. Global Electric Vehicle Market: Fast Charging, 2019-2030, million units 69

Figure 47. Breakdown of Global Electric Vehicle Market by Vehicle Type, 2019-2030, % of Revenue 70

Figure 48. Breakdown of Global Electric Vehicle Market by Vehicle Type, 2019-2030, % of Sales Volume 71

Figure 49. Contribution to Global 2020-2030 Cumulative Revenue by Vehicle Type, Value ($ bn) and Share (%) 72

Figure 50. Contribution to Global 2020-2030 Cumulative Revenue by Vehicle Type, Volume (million units) and Share (%) 72

Figure 51. Global Electric Vehicle Market: Passenger Cars, 2019-2030, $ bn 73

Figure 52. Global Electric Vehicle Market: Passenger Cars, 2019-2030, million units 74

Figure 53. Global Electric Vehicle Market: Commercial Vehicles, 2019-2030, $ bn 75

Figure 54. Global Electric Vehicle Market: Commercial Vehicles, 2019-2030, million units 76

Figure 55. Global Electric Vehicle Market: Two-Wheelers, 2019-2030, $ bn 77

Figure 56. Global Electric Vehicle Market: Two-Wheelers, 2019-2030, million units 78

Figure 57. Global Electric Vehicle Market: Other Vehicle Types, 2019-2030, $ bn 79

Figure 58. Global Electric Vehicle Market: Other Vehicle Types, 2019-2030, million units 80

Figure 59. Global Market Snapshot by Region 81

Figure 60. Geographic Spread of Worldwide Electric Vehicle Market, 2019-2030, % of Revenue 82

Figure 61. Geographic Spread of Worldwide Electric Vehicle Market, 2019-2030, % of Sales Volume 83

Figure 62. Contribution to Global 2020-2030 Cumulative Revenue by Region, Value ($ bn) and Share (%) 84

Figure 63. Contribution to Global 2020-2030 Cumulative Revenue by Region, Volume (million units) and Share (%) 84

Figure 64. North American Electric Vehicle Market, 2019-2030, $ bn 87

Figure 65. North American Electric Vehicle Market, 2019-2030, million units 87

Figure 66. Breakdown of North America Electric Vehicle Market by Country, 2019 and 2030, % of Revenue 88

Figure 67. Contribution to North America 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 89

Figure 68. U.S. Electric Vehicle Market, 2019-2030, $ bn 91

Figure 69. U.S. Electric Vehicle Market, 2019-2030, thousand units 91

Figure 70. Canada Electric Vehicle Market, 2019-2030, $ bn 94

Figure 71. Canada Electric Vehicle Market, 2019-2030, thousand units 95

Figure 72. European Electric Vehicle Market, 2019-2030, $ bn 98

Figure 73. European Electric Vehicle Market, 2019-2030, million units 98

Figure 74. Breakdown of European Electric Vehicle Market by Country, 2019 and 2030, % of Revenue 99

Figure 75. Contribution to Europe 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 100

Figure 76. Electric Vehicle Market in Germany, 2019-2030, $ bn 101

Figure 77. Electric Vehicle Market in Germany, 2019-2030, thousand units 102

Figure 78. Electric Vehicle Market in UK, 2019-2030, $ bn 104

Figure 79. Electric Vehicle Market in UK, 2019-2030, thousand units 105

Figure 80. Electric Vehicle Market in France, 2019-2030, $ bn 107

Figure 81. Electric Vehicle Market in France, 2019-2030, thousand units 108

Figure 82. Electric Vehicle Market in Norway, 2019-2030, $ bn 110

Figure 83. Electric Vehicle Market in Norway, 2019-2030, thousand units 111

Figure 84. Electric Vehicle Market in Netherlands, 2019-2030, $ bn 113

Figure 85. Electric Vehicle Market in Netherlands, 2019-2030, thousand units 114

Figure 86. Electric Vehicle Market in Rest of Europe, 2019-2030, $ bn 116

Figure 87. Asia-Pacific Electric Vehicle Market, 2019-2030, $ bn 119

Figure 88. Asia-Pacific Electric Vehicle Market, 2019-2030, million units 119

Figure 89. Breakdown of APAC Electric Vehicle Market by Country, 2019 and 2030, % of Revenue 120

Figure 90. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 121

Figure 91. Electric Vehicle Market in Japan, 2019-2030, $ bn 123

Figure 92. Electric Vehicle Market in Japan, 2019-2030, thousand units 123

Figure 93. Electric Vehicle Market in China, 2019-2030, $ bn 125

Figure 94. Electric Vehicle Market in China, 2019-2030, thousand units 126

Figure 95. Electric Vehicle Market in Australia, 2019-2030, $ bn 128

Figure 96. Electric Vehicle Market in Australia, 2019-2030, thousand units 129

Figure 97. Electric Vehicle Market in India, 2019-2030, $ bn 131

Figure 98. Electric Vehicle Market in India, 2019-2030, thousand units 132

Figure 99. Electric Vehicle Market in South Korea, 2019-2030, $ bn 134

Figure 100. Electric Vehicle Market in South Korea, 2019-2030, thousand units 135

Figure 101. Electric Vehicle Market in Rest of APAC, 2019-2030, $ bn 137

Figure 102. Latin America Electric Vehicle Market, 2019-2030, $ bn 140

Figure 103. Latin America Electric Vehicle Market, 2019-2030, million units 140

Figure 104. Breakdown of Latin America Electric Vehicle Market by Country, 2019 and 2030, % of Revenue 141

Figure 105. Contribution to Latin America 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 142

Figure 106. Electric Vehicle Market in Argentina, 2019-2030, $ bn 143

Figure 107. Electric Vehicle Market in Argentina, 2019-2030, thousand units 144

Figure 108. Electric Vehicle Market in Brazil, 2019-2030, $ bn 146

Figure 109. Electric Vehicle Market in Brazil, 2019-2030, thousand units 147

Figure 110. Electric Vehicle Market in Mexico, 2019-2030, $ bn 149

Figure 111. Electric Vehicle Market in Mexico, 2019-2030, thousand units 150

Figure 112. Electric Vehicle Market in Rest of Latin America, 2019-2030, $ bn 152

Figure 113. Electric Vehicle Market in Rest of the World (RoW), 2019-2030, $ bn 154

Figure 114. Electric Vehicle Market in Rest of the World (RoW), 2019-2030, million units 154

Figure 115. Breakdown of RoW Electric Vehicle Market by Country, 2019 and 2030, % of Revenue 155

Figure 116. Contribution to RoW 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 156

Figure 117. Electric Vehicle Market in UAE, 2019-2030, $ bn 157

Figure 118. Electric Vehicle Market in UAE, 2019-2030, thousand units 158

Figure 119. Electric Vehicle Market in Saudi Arabia, 2019-2030, $ bn 160

Figure 120. Electric Vehicle Market in Saudi Arabia, 2019-2030, thousand units 161

Figure 121. Electric Vehicle Market in Egypt, 2019-2030, $ bn 163

Figure 122. Electric Vehicle Market in Egypt, 2019-2030, thousand units 164

Figure 123. Growth Stage of Global Electric Vehicle Industry over the Forecast Period 167

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

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