Electric Vehicle Market: an overview of growth factors and future prospects 2016 - 2022

Electric vehicle industry is expected to witness double digit growth with flexible credit policies and governments’ efforts to reduce CO2 emission in developed and developing nations.

According to a new industry report published by Credence Research Inc. “Electric Vehicle industry - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2022,” the global electric vehicle industry is expected to witness double digit growth with flexible credit policies and governments’ efforts to reduce CO2 emission in developed and developing nations.
Countries across the world are feeling heat from increasing economic burden to increasing fuel prices. Governments of developed and developing economies are looking forward to reduce their economic burden by reducing fuel consumption in respective countries. In order to achieve this, countries across the world are promoting the use of electric vehicles. In addition, several countries have introduced stringent emission control regulation to reduce Greenhouse gas effect and CO2 emission. All these factors are supporting the demand for electric vehicles across the world. High price of electric vehicle is limiting the growth of electric vehicles industry. However, some countries have introduced flexible credit policies for purchase of new electric vehicle which is expected to overcome this industry challenge.
Browse Full Report At: http://www.credenceresearch.com/report/electric-vehicles-market
The industry electric vehicle industry was dominated hybrid electric vehicles in 2015 and is expected to maintain its dominance through the forecast period 2016 – 2022. Hybrid vehicle reduces fuel consumption by 20% to 30%. In addition, hybrid electric vehicle significantly reduces CO2 consumption and greenhouse gasses. Increasing fuel prices and mandatory policies to reduce greenhouse gases (GHG) are also expected to propel the demand for hybrid electric vehicles across the world. The sale of plug-in electric vehicle grew rapidly in the last five years (2011 – 2015) with cost reduction, technology development, introduction of several models, and increase in charging stations. Electric vehicles are gaining recognition in the United States, Europe, Japan and some developed countries in Asia Pacific due to strong government support with introduction of credit policies for new electric vehicles and vehicle fuel efficiency regulations.
Industry competition is growing steadily with as automakers across the world are looking to enter in this potential industry. Automobile manufacturers are focusing on developing advanced models at competitive prices will increase the choices for consumer which is further expected to spur the demand for electric vehicles across the world. Some major players in the global industry includes Nissan Motor Corp, Chevrolet, Tesla Motor Inc, Toyota Motor Corporation, The Ford Motor Company, Bayerische Motoren Werke AG, Volkswagen AG, Honda Motor Co Ltd, AB Volvo, Toyota Motor Corporation and others.
Browse Full Report At: http://www.credenceresearch.com/report/electric-vehicles-market
ToC:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Electric Vehicle Market
2.2 Global Electric Vehicle Market, By Vehicle Type
2.3 Global Electric Vehicle Market, By Technology
2.4 Global Electric Vehicle Market, By Geography
Chapter 3 Market Dynamics
3.1 Vehicle Type Insights and Market Overview
3.1.1 Global Electric Vehicle Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
3.2 Key Market Trends and Future Outlook
3.2.1 Evolution of Electric Vehicle Technology
3.2.2 Recent Trends
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 Opportunities
3.6 See-Saw Analysis
3.6.1 Impact Analysis of Drivers and Restraints
3.7 Value Chain Analysis
3.8 Market Penetration Scenario, 2015
3.9 Competitive Analysis
3.9.1 Market Positioning of Key Vendors…
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Contact Details

Company Name: Credence Research
Issued By: Robson Tolson
Phone: 18003618290
Address: 105 N 1st ST #429, SAN JOSE, CA 95103, United States
City: SANJOSE
State: CALIFORNIA
Zip: 95103
Country: United States
Website: Visit the website

Keywords : Electric Vehicle Market,

by Robson Tolson (few years ago!)

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