Asia Pacific Electric Vehicle Market

Asia Pacific Electric Vehicle Market By Type (Hybrid Electric Vehicle, Battery Electric Vehicle and Plug-in Hybrid Electric Vehicle) By Vehicle Type (Passenger Vehicles, Two-wheeler and Commercial Vehicle)

Report Id: KBV-2602 Publication Date: July-2019 Number of Pages: 113
Special Offering:
Industry Insights | Market Trends
Highest number of Tables | 24/7 Analyst Support

Market Report Description

The Asia Pacific Electric Vehicle Market would witness market growth of 25.4% CAGR during the forecast period (2019-2025).

Asia Pacific is predicted to have the largest market share, in terms of value. This market share is driven primarily by development in the implementation of electric buses in Asia Pacific countries such as China, South Korea, and Japan, and public mandates to curb urban pollution by using emission-free cars. Increasing investment in the development of electric vehicles, the development of charging infrastructure, operations to raise awareness of the benefits associated with electric commercial vehicles (for example, reducing extra user costs), and growing ECV revenues are expected to drive the growth of the global market in this region.

The market is witnessing a steady growth pace in this region due to extensive participation of developed and developing economies. Furthermore, the governments across the region are making new initiatives to enhance their country?s ability to deliver new and advanced products in the overall market. For example, after a successful pilot program in selected cities, the Chinese government decided last year to introduce green license plates for new energy vehicles (NEVs) across the country. In expectation of future demand for electric cars, a Malaysian government organization is preparing for the required ecosystem to support them by installing electric car chargers nationwide.

Based on Type, the market is segmented into Hybrid Electric Vehicle, Battery Electric Vehicle and Plug-in Hybrid Electric Vehicle. Based on Vehicle Type, the market is segmented into Passenger Vehicles, Two-wheeler and Commercial Vehicle. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Taiwan, and Rest of Asia Pacific.

Click Here For Free Insights

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tesla, Inc., Volkswagen AG, Honda Motor Co. Ltd., BYD Company Limited, Volvo Group, BMW Group, Toyota Motor Corporation, Ford Motors Co. Ltd., Daimler AG and General Motors Co.

Scope of the Electric Vehicle Market Analysis

Market Segmentation:

By Type

  • Hybrid Electric Vehicle
  • Battery Electric Vehicle
  • Plug-in Hybrid Electric Vehicle

By Vehicle Type

  • Passenger Vehicles
  • Two-wheeler
  • Commercial Vehicle

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Taiwan
  • Rest of Asia Pacific

Companies Profiled

  • Tesla, Inc.
  • Volkswagen AG
  • Honda Motor Co. Ltd.
  • BYD Company Limited
  • Volvo Group
  • BMW Group
  • Toyota Motor Corporation
  • Ford Motors Co. Ltd.
  • Daimler AG
  • General Motors Co.
Need a report that reflects how COVID-19 has impacted this market and its growth? Download Free Sample Now
HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities

Unique Offerings Unique Offerings


  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale

Trusted by over
5000+ clients

Our team of dedicated experts can provide you with attractive expansion opportunities for your business.

Client Logo