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Electric Vehicle Ecosystem Market Size, Share & Trends Analysis Report by Component Type (Motor, Reducer, Battery, Power Control Unit, Air Compressor, Others) By Vehicle Class Type (Mid Priced, Luxury) By Battery Type (Battery Electric Vehicle (BEV), Hybrid, Electric Vehicle (HEV)) By Vehicle Charging Point (Level 1, Level 2, Level 3) By Geography (North America, Europe, Asia-Pacific, South America, RoW) Forecast till 2028

Categories: Automotive and Transportation

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Global Electric Vehicle Ecosystem Market Overview 

The Global Electric Vehicle Ecosystem Market size is estimated to reach $830.2 Billion by 2026, growing at a CAGR of 14.1% over the forecast period of 2021-2026. Despite government regulatory and financial backing, electric cars face significant challenges in the marketplace. The high cost, limited driving range, and lack of charging infrastructure have stifled adoption. A fragmented approach is unlikely to boost sales quickly enough to satisfy ambitious national targets. A network effect of consumers, charging stations, telecom and technology partners, and transportation providers across the ecosystem enhances the value delivered beyond the manufacturer.

 

Impact of COVID-19 on the Electric Vehicle Market:

During the COVID-19 epidemic, the automobile and transportation sectors were unquestionably among the most afflicted. However, the situation is improving. Automobile dealerships are becoming increasingly busy, and many are eager to add to their inventory. Overall mobility is improving, albeit not quite at pre-COVID-19 levels. While the use of shared mobility services and public transportation is increasing, regions where many commuters and their employers recognize the benefits of working from home, are rebounding more slowly.

 

Key Takeaways from Global Electric Vehicle Ecosystem Market Report:

  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for component, vehicle class, battery type, vehicle charging point, and by different industry verticals. Understand the various market dynamics – key driving factors, challenges, and hidden opportunities.
  • Get in-depth insights on your competitor’s performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep dive on the value augmentation at each step to optimize value and bring efficiencies in your processes. 
  • Get a quick outlook on the market entropy – M&As, deals, partnerships, product launches of all key players for the past four years. 
  • Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market.

Electric Vehicle Ecosystem Market

Based on Battery Type, Hybrid EV accounts for the largest market share during the forecast period.

Hybrid EV dominated the market in 2020 and is also set to be the fastest-growing in 2021-2026. This is owing to significantly less energy loss of smaller internal combustion engines and high operating efficiency, with most advantages of Hybrid EV in those vehicles that can run entirely on electricity and gasoline. This is set to drive the market in the forecast period with a CAGR of 15.9%.

 

North America to account for the largest market share during the forecast period.

In 2020, North America dominated the Electric Vehicle Ecosystem Market with a share of 42.9%. This is due to most players in North America, which hold a majority of the share in this market. Moreover, increasing technological advancements and rising investment have contributed to most of the claims in North America.

 

The Asia Pacific is set to be the fastest-growing over the forecast period owing to an increasing number of manufacturing companies and rising consumer awareness in India and other developing nations in the Asia Pacific.

 

Market Dynamics

Driver: Lowering the cost of electric vehicle batteries drives the market demand

Over the last decade, the cost of EV batteries has decreased due to technical improvements and wide-scale manufacture of EV batteries in massive quantities. As EV batteries are one of the more costly aspects of an electric car, this has reduced their cost. For example, an electric vehicle battery cost roughly USD 1,100 per kWh in 2010. However, by 2020, its cost had dropped to approximately USD 137 per kWh, while it was as low as USD 100 per kWh in China. This is due to lower battery manufacturing costs, lower cathode material prices, and higher production volumes, among other factors.

 

Challenges: Lack of charging infrastructure is restraining the market demand

Many nations throughout the world have a scarcity of electric vehicle charging facilities. As a result, the availability of public EV charging decreases, lowering the demand for electric cars. Even though many governments are attempting to establish EV charging infrastructure, most countries, except for a few states, have not developed an adequate number of EV charging stations. When there is a well-developed EV charging network throughout the world, demand for electric vehicles will rise. Unfortunately, the majority of countries have yet to establish regional charging networks.

 

Key Market Players

Key Players in Global Electric Vehicle Ecosystem Market consist of Tesla Inc, BYD company Motors, Volkswagen AG, BMW Group, Nissan Motors, Toyota Motors company, Daimler AG, Ford Motor Company, SAIC Motor, and Hyundai Group, among others.

 

Report Coverage and Scope

The report “Global Electric Vehicle Ecosystem Market” by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

By Component Type

  • Motor
  • Reducer
  • Battery
  • Power Control Unit
  • Air Compressor
  • Others

 

By Vehicle Class Type

  • Mid Priced
  • Luxury

 

By Battery Type

  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)
  • Plug-In Hybrid Electric Vehicle (PHEV)

 

By Vehicle Charging Point

  • Level 1
  • Level 2
  • Level 3

 

Geography

  • North America
  • Europe
  • APAC
  • RoW

Global Electric Vehicle Ecosystem Market Growth, Trend and Forecast 2022-2028
Chapter 1 Electric Vehicle Ecosystem Market Overview

1.1 Product Overview and Scope of Electric Vehicle Ecosystem
1.2 Electric Vehicle Ecosystem Market Segmentation by Component Type
1.2.1 Global Electric Vehicle Ecosystem Market Share of Electric Vehicle Ecosystem by Component Type in 2022
1.2.2 Motor
1.2.3 Reducer
1.2.4 Battery
1.2.5 Power Control Unit
1.2.6 Air Compressor
1.2.7 Others
1.3 Electric Vehicle Ecosystem Market Segmentation by Vehicle Class Type
1.3.1 Mid Priced
1.3.2 Luxury
1.4 Electric Vehicle Ecosystem Market Segmentation by Battery Type
1.4.1 Battery Electric Vehicle (BEV)
1.4.2 Hybrid Electric Vehicle (HEV)
1.4.3 Plug-In Hybrid Electric Vehicle (PHEV)
1.5 Electric Vehicle Ecosystem Market Segmentation by Vehicle Charging Point
1.5.1 Level 1
1.5.2 Level 2
1.5.3 Level 3
1.6 Electric Vehicle Ecosystem Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.4.7 Global Market Size (Value) of Electric Vehicle Ecosystem (2016-2028)

Chapter 2 Global Economic Impact on Electric Vehicle Ecosystem Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Electric Vehicle Ecosystem Market Competition by Manufacturers
3.1 Global Electric Vehicle Ecosystem Production and Share by Manufacturers (2021 and 2022)
3.2 Global Electric Vehicle Ecosystem Revenue and Share by Manufacturers (2021 and 2022)
3.3 Global Electric Vehicle Ecosystem Average Price by Manufacturers (2021 and 2022)
3.4 Manufacturers Electric Vehicle Ecosystem Manufacturing Base Distribution, Production Area, and Product Type
3.5 Electric Vehicle Ecosystem Market Competitive Situation and Trends
3.5.1 Electric Vehicle Ecosystem Market Concentration Rate
3.5.2 Electric Vehicle Ecosystem Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Electric Vehicle Ecosystem Production, Revenue (Value) by Region (2016-2022)
4.1 Global Electric Vehicle Ecosystem Production by Region (2016-2022)
4.2 Global Electric Vehicle Ecosystem Production Market Share by Region (2016-2022)
4.3 Global Electric Vehicle Ecosystem Revenue (Value) and Market Share by Region (2016-2022)
4.4 Global Electric Vehicle Ecosystem Production, Revenue, Price and Gross Margin (2016-2022)
4.5 North America Electric Vehicle Ecosystem Production, Revenue, Price and Gross Margin (2016-2022)
4.6 Europe Electric Vehicle Ecosystem Production, Revenue, Price and Gross Margin (2016-2022)
4.7 China Electric Vehicle Ecosystem Production, Revenue, Price and Gross Margin (2016-2022)
4.8 Japan Electric Vehicle Ecosystem Production, Revenue, Price and Gross Margin (2016-2022)
4.9 Southeast Asia Electric Vehicle Ecosystem Production, Revenue, Price and Gross Margin (2016-2022)
4.10 India Electric Vehicle Ecosystem Production, Revenue, Price and Gross Margin (2016-2022)

Chapter 5 Global Electric Vehicle Ecosystem Supply (Production), Consumption, Export, Import by Regions (2016-2022)
5.1 Global Electric Vehicle Ecosystem Consumption by Regions (2016-2022)
5.2 North America Electric Vehicle Ecosystem Production, Consumption, Export, Import by Regions (2016-2022)
5.3 Europe Electric Vehicle Ecosystem Production, Consumption, Export, Import by Regions (2016-2022)
5.4 China Electric Vehicle Ecosystem Production, Consumption, Export, Import by Regions (2016-2022)
5.5 Japan Electric Vehicle Ecosystem Production, Consumption, Export, Import by Regions (2016-2022)
5.6 Southeast Asia Electric Vehicle Ecosystem Production, Consumption, Export, Import by Regions (2016-2022)
5.7 India Electric Vehicle Ecosystem Production, Consumption, Export, Import by Regions (2016-2022)

Chapter 6 Global Electric Vehicle Ecosystem Production, Revenue (Value), Price Trend by Type
6.1 Global Electric Vehicle Ecosystem Production and Market Share by Type (2016-2022)
6.2 Global Electric Vehicle Ecosystem Revenue and Market Share by Type (2016-2022)
6.3 Global Electric Vehicle Ecosystem Price by Type (2016-2022)
6.4 Global Electric Vehicle Ecosystem Production Growth by Type (2016-2022)

Chapter 7 Global Electric Vehicle Ecosystem Market Analysis by Application
7.1 Global Electric Vehicle Ecosystem Consumption and Market Share by Application (2016-2022)
7.2 Global Electric Vehicle Ecosystem Consumption Growth Rate by Application (2016-2022)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Electric Vehicle Ecosystem Manufacturing Cost Analysis
8.1 Electric Vehicle Ecosystem Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Electric Vehicle Ecosystem

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Electric Vehicle Ecosystem Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Electric Vehicle Ecosystem Major Manufacturers in 2022
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Electric Vehicle Ecosystem Market Forecast (2022-2028)
12.1 Global Electric Vehicle Ecosystem Production, Revenue Forecast (2022-2028)
12.2 Global Electric Vehicle Ecosystem Production, Consumption Forecast by Regions (2022-2028)
12.3 Global Electric Vehicle Ecosystem Production Forecast by Type (2022-2028)
12.4 Global Electric Vehicle Ecosystem Consumption Forecast by Application (2022-2028)
12.5 Electric Vehicle Ecosystem Price Forecast (2022-2028)

 

Chapter 13 Appendix

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Personalize this Research

  • Market Size and Share from 2016 - 2027
  • Expected Market Growth Until 2027
  • COVID-19 Impact assessment on the market
  • Market Dynamics and Impact Analysis
  • Segment and region that will drive or lead the market growth and why
  • Industry activity comprising Mergers, Acquisitions, Expansion, etc.
  • Comprehensive Mapping of the Competitive Landscape
  • In-depth analysis of key sustainability strategies adopted by market players
  • Global and regional market trends – Current and Future
  • Value Chain Analysis
  • Porters Five Forces Analysis
  • Historical and Current Product Pricing
  • Country Cross-Segment Analysis
  • Company Profiling
  • Player Comparison Matrix

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Electric Vehicle Ecosystem Market Size, Share & Tr...

RD Code : AT22