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Global Electric Mobility Market: By Type: Battery Operated Electric Vehicle, Plug-in Hybrid Electric Vehicle, Hybrid Electric Vehicle; By Vehicle Type; By Components: Electric Motor, Battery; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Electric Mobility Market Outlook

The global electric mobility market reached USD 150 billion in 2020 and is expected to grow at a CAGR of 20% during the forecast period of 2022-2027 to attain USD 448 billion by 2026.

 

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.

 

Electric Mobility Market

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Market Segmentation

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.

 

Electric Mobility Market by Type

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Based on its types, the electric mobility market can be segmented into:

  • Battery Operated Electric Vehicle
  • Plug-In Hybrid Electric Vehicle
  • Hybrid Electric Vehicle

On the basis of vehicle types, the industry can be broadly categorised into:

  • Passenger Electric Vehicle
  • Commercial Electric Vehicle

Based on the components, the industry is divided into:

  • Electric Motor
  • Battery
  • Others

The EMR report looks into the regional markets of electric mobility like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Electric Mobility Market by Region

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Market Analysis

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.

 

Competitive Landscape

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:

  • Nissan Motor Co., Ltd
  • Tesla, Inc. (NASDAQ: TSLA)
  • Toyota Motor Corporation 
  • Groupe Renault
  • General Motors 
  • Ford Motor Company 
  • Others

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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Vehicle Type, Components, Region
Breakup by Type Battery Operated Electric Vehicle, Plug-in Hybrid Electric Vehicle, Hybrid Electric Vehicle
Breakup by Vehicle Type Passenger Electric Vehicle, Commercial Electric Vehicle
Breakup by Components Electric Motor, Battery, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Nissan Motor Co., Ltd, Tesla, Inc. (NASDAQ: TSLA), Toyota Motor Corporation, Groupe Renault, General Motors, Ford Motor Company, Others
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.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Electric Mobility Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Electric Mobility Historical Market (2017-2021) 
    8.3    Global Electric Mobility Market Forecast (2022-2027)
    8.4    Global Electric Mobility Market by Type
        8.4.1    Battery Operated Electric Vehicle
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Plug-in Hybrid Electric Vehicle
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Hybrid Electric Vehicle
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.5    Global Electric Mobility Market by Vehicle Type
        8.5.1    Passenger Electric Vehicle
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Commercial Electric Vehicle
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Electric Mobility Market by Component
        8.6.1    Electric Motor
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Battery
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Others
    8.7    Global Electric Mobility Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price  
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Nissan Motor Co., Ltd
            12.2.1.1    Company Overview
                12.2.1.2    Product Portfolio
                12.2.1.3    Demographic Reach and Achievements
                12.2.1.4    Certifications
            12.2.2    Tesla, Inc. (NASDAQ: TSLA)
                12.2.2.1    Company Overview
                12.2.2.2    Product Portfolio
                12.2.2.3    Demographic Reach and Achievements
                12.2.2.4    Certifications
            12.2.3    Toyota Motor Corporation
                12.2.3.1    Company Overview
                12.2.3.2    Product Portfolio
                12.2.3.3    Demographic Reach and Achievements
                12.2.3.4    Certifications
            12.2.4    Groupe Renault
                12.2.4.1    Company Overview
                12.2.4.2    Product Portfolio
                12.2.4.3    Demographic Reach and Achievements
                12.2.4.4    Certifications
            12.2.5    General Motors
                12.2.5.1    Company Overview
                12.2.5.2    Product Portfolio
                12.2.5.3    Demographic Reach and Achievements
                12.2.5.4    Certifications
            12.2.6    Ford Motor Company 
                12.2.6.1    Company Overview
                12.2.6.2    Product Portfolio
                12.2.6.3    Demographic Reach and Achievements
                12.2.6.4    Certifications
            12.2.7    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Electric Mobility Market: Key Industry Highlights, 2017 and 2027
2.    Global Electric Mobility Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global Electric Mobility Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global Electric Mobility Historical Market: Breakup by Vehicle Type (USD Billion), 2017-2021
5.    Global Electric Mobility Market Forecast: Breakup by Vehicle Type (USD Billion), 2022-2027
6.    Global Electric Mobility Historical Market: Breakup by Component (USD Billion), 2017-2021
7.    Global Electric Mobility Market Forecast: Breakup by Component (USD Billion), 2022-2027
8.    Global Electric Mobility Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global Electric Mobility Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America Electric Mobility Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America Electric Mobility Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe Electric Mobility Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe Electric Mobility Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific Electric Mobility Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific Electric Mobility Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America Electric Mobility Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America Electric Mobility Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa Electric Mobility Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa Electric Mobility Market Forecast: Breakup by Country (USD Billion), 2022-2027  
20.    Global Electric Mobility Market Structure

Key Questions Answered in the Report

In 2020, the global electric mobility market attained a value of nearly USD 150 billion.

The market is projected to grow at a CAGR of 20% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 448 billion by 2026.

The major drivers of the industry, such as the growing automotive industry, rising disposable incomes, increasing environmental concern, growing popularity of mobility-as-a-service (MaaS), stringent regulatory policies, and the growing technological advancements, are expected to aid the market growth.

The growing adoption of electric vehicles to reduce carbon footprint is the key market trend guiding the growth of the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Battery operated, plug-in hybrid, and hybrid electric vehicles are the leading electric mobility types in the industry.

The significant vehicle types of electric mobility in the industry include passenger and commercial electric vehicles.

Electric motor and battery, among others, are the major components of the product in the industry.

The major players in the industry are Nissan Motor Co., Ltd, Tesla, Inc. (NASDAQ: TSLA), Toyota Motor Corporation, Groupe Renault, General Motors, and Ford Motor Company, among others.

Analyst Review

The global electric mobility market attained a value of USD 150 billion in 2020, driven by the rapid technological advancements and favourable government initiatives. Aided by the increasing sales of electric vehicles, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 20%. The industry is projected to reach USD 448 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on types, the industry can be segmented into battery operated, plug-in hybrid, and hybrid electric vehicles. On the basis of vehicle type, the industry is bifurcated into passenger and commercial electric vehicles. By components, the industry is categorised into electric motor, and battery, among others. The major regional markets for electric mobility are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Nissan Motor Co., Ltd, Tesla, Inc. (NASDAQ: TSLA), Toyota Motor Corporation, Groupe Renault, General Motors, and Ford Motor Company, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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