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The Global Electric Vehicle Market is expected to grow by 8,179.06 thousand units during 2021-2025, decelerating at a CAGR of 27.49% during the forecast period
Global Electric Vehicle Market 2021-2025 The analyst has been monitoring the electric vehicle market and it is poised to grow by 8,179. 06 thousand units during 2021-2025, decelerating at a CAGR of 27.
New York, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Electric Vehicle Market 2021-2025" - https://www.reportlinker.com/p05251456/?utm_source=GNW
49% during the forecast period. Our report on the electric vehicle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for fuel-efficient and low-emission vehicles and stringent rules and regulations. In addition, the growing demand for fuel-efficient and low-emission vehicles is anticipated to boost the growth of the market as well.
The electric vehicle market analysis includes the type segment and geographic landscape.
The electric vehicle market is segmented as below:
By Type
• BEV
• PHEV
By Geographical Landscape
• APAC
• Europe
• North America
• South America
• MEA
This study identifies the increasing government supportas one of the prime reasons driving the electric vehicle market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on electric vehicle market covers the following areas:
• Electric vehicle market sizing
• Electric vehicle market forecast
• Electric vehicle market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric vehicle market vendors that include BAIC Motor Corp. Ltd., BMW Group, Daimler AG, Ford Motor Co., General Motors Co., Nissan Motor Co. Ltd., Renault SA, Tesla Inc., Toyota Motor Corp., and Volkswagen AG. Also, the electric vehicle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05251456/?utm_source=GNW
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