Electric Vehicles Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.) Electric Vehicles Market Research Report - Global Forecast to 2023 Global Electric Vehicles Market Information Report, By Technology (Battery Electric Vehicles, Hybrid Electric Vehicles and Plug-In Hybrid Electric Vehicles), By Vehicle Type (Passenger Cars, Commercial Vehicles and Two Wheelers), and By Region - Forecast To 2023 Market Synopsis of Global Electric Vehicles Market The global electric vehicles market has experienced a potential growth over the past few year and it has been analyzed that the market will grow at the same pace during the forecast period. Electric vehicles market looks promising during the forecast period due to the major driving factors such as majorly influenced by the surge in demand of electric vehicle worldwide, increasing fuel prices, and expansion of global auto-manufacturers into new emerging markets and government initiatives and among others. On the other hand, emerging economies seeks more opportunities for electric vehicles will create ample scope for market growth. However, high prices of electric vehicles and underdeveloped aftermarket services could hinder the market growth. Global electric vehicles has very broad market in coming recent years. MRFR analysts has predicted that global electric vehicles market is expected to reach USD 356.5 billion by 2023 from USD 106.5 Billion in 2016 with a CAGR of 18.96. Browse Full Report @ https://www.marketresearchfuture.com/reports/electric-vehicles-market-1793 2 www.marketresearchfuture.com Electric Vehicles Market Research Report - Global Forecast to 2023 Market Segmentation of Global Electric Vehicles Market The global electric vehicle market by technology has been segmented into battery electric vehicles, hybrid electric vehicles and plug-in hybrid electric vehicles. Among these technology, battery electric vehicles has accounted the largest market share of 51.40% in 2016 followed by hybrid electric vehicles. However, plug-in hybrid electric vehicles segment has registered the fastest growing segment with a CAGR of 21.75% during forecast period. Whereas, the global electric vehicle market by vehicle type has been segmented into passenger cars commercial vehicles and two wheelers. Among these vehicle types, passenger cars has accounted the largest market share of 68.20% in 2016 followed by commercial vehicles and two wheelers. However, passenger cars segment has registered the fastest growing segment with a CAGR of 19.93% during forecast period. Key Findings • Asia-Pacific accounted for the largest market share of 53.20% in 2016, with a market value of USD 56.7 billion and is projected to grow at the highest CAGR of 20.35% during the forecast period. • Passenger Cars accounted for the largest market share of 68.20% in 2016, with a market value of USD 72.6 billion and is projected to grow at the highest CAGR of 19.93% during the forecast period. • Battery Electric Vehicles accounted for the largest market share of 51.40% in 2016, with a market value of USD 54.7 billion and is projected to grow at a CAGR of 19.95% during the forecast period. 3 www.marketresearchfuture.com Electric Vehicles Market Research Report - Global Forecast to 2023 Major Players in this Research:  Nissan Motor Company  Tesla Inc, Toyota Motor Corporation  Ford Motor Company  Volkswagen, BMW  General Motors  Daimler AG  Hyundai Motor Company  Mitsubishi Motors Corporation Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1793 4 www.marketresearchfuture.com ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at [email protected] Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. 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Global Electric Vehicles Market Information Report, By Technology (Battery Electric Vehicles, Hybrid Electric Vehicles and Plug-In Hybrid Electric Vehicles), By Vehicle Type (Passenger Cars, Commercial Vehicles and Two Wheelers), and By Region - Forecast To 2023 The global electric vehicles market has experienced a potential growth over the past few year and it has been analyzed that the market will grow at the same pace during the forecast period. Electric vehicles market looks promising during the forecast period due to the major driving factors such as majorly influenced by the surge in demand of electric vehicle worldwide, increasing fuel prices, and expansion of global auto-manufacturers into new emerging markets and government initiatives and among others. On the other hand, emerging economies seeks more opportunities for electric vehicles will create ample scope for market growth. However, high prices of electric vehicles and underdeveloped aftermarket services could hinder the market growth. Global electric vehicles has very broad market in coming recent years. MRFR analysts has predicted that global electric vehicles market is expected to reach USD 356.5 billion by 2023 from USD 106.5 Billion in 2016 with a CAGR of 18.96. Request Report Sample @ https://www.marketresearchfuture.com/sample_request/1793