Electric Car Market - Global Outlook and Forecast 2023-2028

Report ID: 1369999 | Published Date: Jan 2025 | No. of Page: 121 | Base Year: 2024 | Rating: 4.4 | Webstory: Check our Web story

This report contains market size and forecasts of Electric Car in global, including the following market information:
Global Electric Car Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electric Car Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Electric Car companies in 2021 (%)
The global Electric Car market was valued at 122870 million in 2021 and is projected to reach US$ 560540 million by 2028, at a CAGR of 24.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
PHEV Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric Car include BYD, Geely, BAIC, Tesla, Renault-Nissan, BMW, GM, VW and Toyota, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electric Car manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Car Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Car Market Segment Percentages, by Type, 2021 (%)
PHEV
BEV
Global Electric Car Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Car Market Segment Percentages, by Application, 2021 (%)
Home Use
Commercial Use
Global Electric Car Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Car Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Car revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electric Car revenues share in global market, 2021 (%)
Key companies Electric Car sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Electric Car sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
BYD
Geely
BAIC
Tesla
Renault-Nissan
BMW
GM
VW
Toyota
SAIC
Zotye
Daimler
Chery
JMCG
Changan
JAC
Hyundai
Mitsubishi
Yutong
Ford

Frequently Asked Questions
Electric Car Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Electric Car Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Electric Car Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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