Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Electric Vehicles Market Research Report - Global

Electric Vehicles Market 2018
Electric Vehicles Market Share, Size, Trends, And Business Opportunity Analysis Report
2018 include historic data, with forecast data to 2023. Electric Vehicles Market report is
helpful for future strategy development, and to know about Market Drivers, Restraints,
Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023
Global Electric Vehicles Market Information Report, By Technology (Battery Electric
Vehicles, Hybrid Electric Vehicles and Plug-In Hybrid Electric Vehicles), By Vehicle Type
(Passenger Cars, Commercial Vehicles and Two Wheelers), and By Region - Forecast To
2023
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Market Synopsis of Global Electric Vehicles Market
The global electric vehicles market has experienced a potential growth over the past few
year and it has been analyzed that the market will grow at the same pace during the
forecast period. Electric vehicles market looks promising during the forecast period due to
the major driving factors such as majorly influenced by the surge in demand of electric
vehicle worldwide, increasing fuel prices, and expansion of global auto-manufacturers into
new emerging markets and government initiatives and among others. On the other hand,
emerging economies seeks more opportunities for electric vehicles will create ample scope
for market growth. However, high prices of electric vehicles and underdeveloped
aftermarket services could hinder the market growth. Global electric vehicles has very
broad market in coming recent years. MRFR analysts has predicted that global electric
vehicles market is expected to reach USD 356.5 billion by 2023 from USD 106.5 Billion in
2016 with a CAGR of 18.96.
The major players operating in this market includes Nissan Motor Company, Tesla Inc,
Toyota Motor Corporation, Ford Motor Company, Volkswagen, BMW, General Motors,
Daimler AG, Hyundai Motor Company, Mitsubishi Motors Corporation and among others.
Market Segmentation of Global Electric Vehicles Market
The global electric vehicle market by technology has been segmented into battery electric
vehicles, hybrid electric vehicles and plug-in hybrid electric vehicles. Among these
technology, battery electric vehicles has accounted the largest market share of 51.40% in
2016 followed by hybrid electric vehicles. However, plug-in hybrid electric vehicles segment
has registered the fastest growing segment with a CAGR of 21.75% during forecast period.
Whereas, the global electric vehicle market by vehicle type has been segmented into