Electric Vehicle Market : Global Opportunities & Forecast 2018-2025 Global Electric Vehicle Market Opportunities & For | Page 3

respectively. The BEV constitutes 75% of the Chinese electric car
stick share. North America and Europe are the other two most
dominant regions in the global electric vehicle market. United States
is the key country in the North American region which registered the
highest number of electric vehicles in 2017.
Key takeaways:
•
The battery pack segment is expected to grow at the highest CAGR
during the forecast period
•
Lithium-ion battery is projected to grow at the highest CAGR during
the forecast
•
Asia-Pacific held the largest share in the global electric vehicles
market in 2017 and is expected to grow at an estimated CAGR of
21.6% during the forecast period
Some of the key players operating in the global electric vehicles
market are LG Chem., Panasonic Corporation, Samsung SDI,
Automotive Energy Supply Corporation, Infineon Technologies,
Mitsubishi Electric Corporation, Bosch, Continental Automotive,
Microsemi Corporation, Denso Corporation, GKN PLC.
The research report on electric vehicles market provides in-depth
analysis of the global electric vehicles market based on components
and major geographies for the forecast period from 2018 to 2025. The
report highlights the major market drivers propelling the growth as
well as challenges faced by the market participants. The research
report also provides market size and forecast for global electric
vehicles market. The report also analyses the competitive landscape,
major players and their strategies in 2018. The competitive landscape
section of the report captures and highlights the recent developments
in the market.