Electric Vehicle Manufacturing Market: Market Size, Trends and Growth Analysis

Continuing the robust growth of 2010-2011, the global electric vehicle industry is expected to reach $74 billion in 2017 with a CAGR of 8.4% over the next fiv

e years. The industry is expected to make rapid strides, driven by high oil prices and perceived environmental benefits.

The global electric vehicle manufacturing market is highly consolidated and consists of battery electric vehicles and hybrid electric vehicle manufacturers. China dominates the industry with a greater industry share.  Competition in the industry seems to be high as the top five players contribute 49.2% in the industry, resulting in price competition. Continuous modernization and technological expansion, high investment in research and development, government policies, and safety regulations is seen to impact industry dynamics significantly.

A total of 46 figures / charts and 10 tables are provided in this report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of electric vehicle manufacturing market report, download the report brochure.


This study provides an overview of the global electric vehicle manufacturing market. The report tracks two industry segments for four regions – thus it tracks eight segments of the global electric vehicle manufacturing industry. The report studies electric vehicle manufacturers in battery electric vehicle and hybrid electric vehicle industry segment.
 
Worldwide demand for fuel efficient and environmentally friendly vehicles is expected to quickly penetrate the global light vehicle industry in response to rising energy demand, which in turn has led to erratic fuel prices and increased emissions regulations worldwide. Although high environmental and safety regulations are some of the challenges, the growing environmental concerns and emphasis toward increased alternative fuel consumption to minimize heavy dependence on oil, strong policy initiatives, benefits, and rebates from various governments are likely to drive the electric vehicles market over the forecast period.
 
Lucintel research identifies APAC as leading the industry with increased manufacturing activity in India, China, and Thailand. Demand for electric and hybrid vehicles and development of emerging technologies forecasts a bright outlook for the global electric vehicle manufacturing industry.
 
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global electric vehicle manufacturing industry analysis. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
 
Some of the features of electric vehicle manufacturing market report are: