The global electric mobility market reached USD 311.04 Billion in 2025 and is expected to grow at a CAGR of 20.00% during the forecast period of 2026-2035 to attain USD 1925.88 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
20%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Electric Mobility Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 311.04 |
| Market Size 2035 | USD Billion | 1925.88 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 20.00% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 25.0% |
| CAGR 2026-2035 - Market by Country | India | 26.3% |
| CAGR 2026-2035 - Market by Country | Canada | 23.4% |
| CAGR 2026-2035 - Market by Type | Battery Operated Electric Vehicle | 22.4% |
| CAGR 2026-2035 - Market by Vehicle Type | Passenger Electric Vehicle | 22.8% |
Technological and social change is taking place in the automotive industry. This is driven primarily by the increasing awareness of the lower operating and maintenance costs of EVs, coupled with their ability to reduce harmful emissions contributing to the global warming.
Over the coming years, these favourable trends are likely to work well for the EVs market, thus, driving the electric mobility market growth.
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Electric mobility refers to all vehicles powered by an electric motor or those mainly driven by the power grid. Electric mobility includes all-electric vehicles, including electric vehicles operated by batteries, hybrid electric vehicles plug-in, and hybrid electric vehicles. Electric mobility is primarily a vehicle with low or zero emissions, which contributes significantly to a greener world by reducing carbon emissions. The electric mobility market can be broadly categorised based on its types, vehicle types, and components.
Based on its types, the electric mobility market can be segmented into:
On the basis of vehicle types, the industry can be broadly categorised into:
Based on the components, the industry is divided into:
On the basis of region, the industry can be broadly categorised into:
| CAGR 2026-2035 - Market by | Country |
| India | 26.3% |
| Canada | 23.4% |
| China | 22.0% |
| USA | 20.4% |
| Australia | 17.0% |
| Japan | 14.9% |
| UK | XX% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
Concerns about the ever-increasing greenhouse gas and carbon footprint of the automobile and transportation industries are urging regulatory bodies at the global and state level to enact policies that promote the adoption of energy-efficient vehicles. Also, the organic growth of mobility-as-a-service (MaaS) and the steadily declining costs of high-capacity Li-Ion batteries, which in turn reduces total vehicle costs, are driving the increased electric vehicle (EV) adoption. These factors are expected to drive the growth of the electric mobility market.
The report presents a detailed analysis of the following key players in the global electric mobility market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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In 2025, the global electric mobility market attained a value of nearly USD 311.04 Billion.
The market is projected to grow at a CAGR of 20.00% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 1925.88 Billion by 2035.
The major drivers expected to aid market growth are the growing automotive industry, rising disposable incomes, increasing environmental concern, stringent regulatory policies, and increasing technological advancements.
The growing adoption of electric vehicles to reduce carbon footprint and increasing popularity of mobility-as-a-service (MaaS) are the key trends guiding the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Battery operated electric vehicle, plug-in hybrid electric vehicle, and hybrid electric vehicles are the leading electric mobility types in the market.
The significant vehicle types of electric mobility in the market include passenger electric vehicle and commercial electric vehicles.
Electric motor, and battery, among others, are the major components of the product in the market.
The major players in the market are Nissan Motor Co., Ltd, Tesla, Inc., Toyota Motor Corporation, Groupe Renault, General Motors, and Ford Motor Company, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Vehicle Type |
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| Breakup by Components |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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