New York, April 29, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Battery Electric Vehicle (BEV) Market Report 2021-2031" - https://www.reportlinker.com/p06067439/?utm_source=GNW
Battery Electric Vehicle (BEV) Market - our new study reveals current and future trends, major driving factors, regulatory framework, and predicted revenues/volume
With the rise in stringent government regulations regarding the use of fuel-efficient vehicles to control the emissions across the globe, the demand of zero emission vehicles is expected to rise which leads in the increased sales of BEVs. Further, owing to high oil prices around the world, market for fuel-efficient cars has risen drastically over the years. The limited fossil fuel availability has resulted in the increased prices of gasoline and diesel, which furthermore prompting customers to switch from ICE vehicles to battery operated vehicles. However, rising governments interference in terms of strict emissions regulations and promoting fuel efficient vehicles, BEVs demand is estimated to rise.
. Tesla India was incorporated as a subsidiary of the foreign holding company in Bengaluru, Karnataka. The company has planned to launch EV in India by 2022.
. Nissan and Uber have signed a deal to support the introduction of 2,000 all-electric Nissan LEAFs.
. BMW Group planned over 30 billion euros on future-oriented technologies up to 2025.
. Beijing Automotive Group Co., Ltd. (BAIC Group) launched the 2020 BEIJING-EU5.
These are just some of the business-critical headlines that have surfaced automotive industry in the past 12 months. How are you and your company reacting to such news? By ordering and reading our newly published report today, you will be fully informed and ready to act.
Which region might offer good growth potential in the coming years?
APAC battery electric vehicle (BEV) market is estimated to have a potential of more than US$x million by the end of 2031. APAC is one of the leaders in the automotive industry and now it is moving towards more innovation and advancement in automotive. APAC is the fastest growing market owing to the largest population base especially in China and India. Growing initiatives regarding the research and development for battery electric vehicle (BEV) and adoption of ZEVs will enhance the overall market demand.
Growing automotive production and sales, presence of major automotive OEMs, rising need to reduce the CO2 emission, and adoption of electric vehicles, increasing investment in the development of more advanced vehicles, government support and initiatives, growing standard of living, rising environmental concern, and increasing per capita income; all these factors are expected to boost the demand of battery electric vehicle (BEV) in the APAC region.
BEVs are at its introductory phase in South America, Middle East, and Africa thus have the potential to offer maximum profit. Our report analyze each niche region to help our customers to target untapped market. How are you, and your company, planning to enhance the reach into very niche countries? By ordering and reading our new report today, you will be fully informed and ready to act.
How the COVID-19 has impacted the global battery electric vehicle (BEV) market?
Due to the COVID-19, the market is being analyzed further in terms of various recovery patterns (V-shaped, U-shaped, L-shaped, and W-shaped) to provide bird’s eye view on each aspects of the market. The COVID-19 pandemic hit the global automotive industry very hard and fast. Disruption in whole supply chain, supply and demand imbalance, strict government guidelines in the form of complete or partial lockdown, non-availability of workforce, large-scale manufacturing interruptions, and the closure of assembly plants; are some of the symptoms faced by the automotive industry due to COVID-19. Further, COVID-19 has put a lot of pressure on a market due to which it is still struggling with a global demand downturn, which is likely to lead to further merger and acquisition activity.
Visiongain report will enhance your understanding about the battery electric vehicle (BEV) market in terms of demand drivers, regulatory framework, major players, key strategic initiatives taken, major challenges, and trends in the industry.
What are the key factors contributing to the enhancement of the global battery electric vehicle (BEV) market? To find out you must look into the report if you are one of the prominent stakeholders of the market. This report will further help you to be ahead of the other stakeholders with regard to strategic planning. This report will also assist you in aligning your company with market trends. Visiongain report provides a detailed trend analysis of the global battery electric vehicle (BEV) market along with the forecast to determine prospective investment areas.
The newly updated report indicates that the global battery electric vehicle (BEV) market was valued at around US$xx million in 2020 (pre-COVID-19 forecast) and is expected to register a compound annual growth rate of xx% during the forecast period 2021-2031. To find out the post-COVID-19 forecast and its impact make the purchase decision today. Increasing demand for automotive vehicles across the globe, stringent government regulations regarding vehicular emission, rising consumer awareness about the use of fuel-efficient vehicles, growing innovation along with advanced technology, and growing need to minimize greenhouse gas and air pollutant emissions; are the prime factors driving the demand of battery electric vehicle (BEV) across the globe.
Curious about the newly published battery electric vehicle (BEV) report? Buy our report to find answers to the key questions and much more:
. How the market is evolving after the COVID-19 pandemic?
. How are you going to survive the impact of this pandemic?
. Which region is most impacted?
. Which region is least impacted?
. What are the key supportive factors?
. What factors could lead to the reshaping of the market?
. How the demand is geographically distributed?
. What are the market growth hindering factors?
. What are the latest innovations?
. What are the major substitutes of BEVs?
. How the supply chain functioning?
. Which recovery scenario offers good growth potential?
. What strategies major companies are adopting?
Answers to all these questions will help you to understand the current market scenario and will advise you in the strategic decision making to always keep you ahead of your close competitors.
Discover how to stay ahead
Our 1110 pages report provides 1357 tables and charts/graphs. Read on to discover the most lucrative areas in the industry and the future market prospects. Our new study lets you assess forecasted sales at overall world market and regional level. See financial results, trends, opportunities, and revenue predictions. Much opportunity remains in this growing Battery Electric Vehicle (BEV) Market. See how to exploit the opportunities.
Forecasts to 2031 and other analyses reveal the commercial prospects
. In addition to revenue forecasting to 2031, our new study provides you with recent results, growth rates, and market shares.
. You find original analyses, with business outlooks and developments.
. Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), product profiles and commercial developments.
Discover sales predictions for the global market and submarkets
Battery Electric Vehicle (BEV) Market: By Vehicle Type
. Passenger Vehicles
. Light Commercial Vehicles
. Heavy Commercial Vehicles
Battery Electric Vehicle (BEV) Market: By Battery Type
. Lithium-ion Batteries
. Lead-acid Batteries
. Nickel-metal Hydride Batteries
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for 4 regional and 39 leading national markets:
. North America Battery Electric Vehicle (BEV) Market Outlook
. U.S. Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Canada Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Mexico Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Europe Battery Electric Vehicle (BEV) Market Outlook
. Germany Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Norway Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Netherlands Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. France Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. UK Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Sweden Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Switzerland Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Italy Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Spain Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Austria Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Belgium Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Portugal Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Finland Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Denmark Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Ireland Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Hungary Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Poland Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Romania Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Luxembourg Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Iceland Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Czech Republic Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Slovenia Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Bulgaria Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Malta Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Greece Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Slovakia Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Rest of Europe Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Asia Pacific Battery Electric Vehicle (BEV) Market Outlook
. China Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Japan Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. India Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. South Korea Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Australia Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Rest of APAC Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Rest of World Battery Electric Vehicle (BEV) Market Outlook
. South America Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Middle East Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
. Africa Battery Electric Vehicle (BEV) Market Forecast & COVID Impact Analysis
Need industry data? Please contact us today.
The report also includes profiles and for some of the leading companies in the Battery Electric Vehicle (BEV) market, with a focus on this segment of these companies’ operations.
Leading companies and the potential for market growth
Based on our estimates, overall revenue for Battery Electric Vehicle (BEV) Market will surpass $x million in 2021. We predict very strong revenue growth through to 2031. Our report identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How the Battery Electric Vehicle (BEV) Market report helps you
In summary, our 1110-page report provides you with the following knowledge:
. Revenue forecasts to 2031 for Battery Electric Vehicle (BEV) Market, with forecasts for Vehicle Type and battery type, each forecasted at a global and regional level- discover the industry’s prospects, finding the most lucrative places for investments and revenues
. Revenue forecasts to 2031 for 4 regional and 39 key national markets - See forecasts for the Battery Electric Vehicle (BEV) market in North America, Europe, Asia-Pacific and Rest of the World. Also forecasted is the market in the US, Canada, Mexico, Germany, Norway, Netherlands, France, UK, Sweden, Switzerland, Italy, Spain, Austria, Belgium, Portugal, Finland, Denmark, Ireland, Hungary, Poland, Romania, Luxembourg, Iceland, Czech Republic, Slovenia, Bulgaria, Malta, Greece, Slovakia, India, China, Japan, South Korea, Australia, Brazil, Argentina, UAE, and Saudi Arabia among other prominent economies.
. Prospects for established firms and those seeking to enter the market- including company profiles for 20 of the major companies involved in the Battery Electric Vehicle (BEV) market. Some of the company’s profiled in this report include Tesla, Inc., Nissan Motor Corporation, Renault S.A., Bayerische Motoren Werke AG, Beijing Automotive Industry Holding Co., Ltd., Chery Automobile Co., Ltd., Volkswagen AG, SAIC Motor Corporation Limited, BYD Company Ltd., Zhejiang Geely Holding Group Co., Ltd., Blue Bird Corporation, Volvo Cars, Kia Corporation, General Motors Company, Audi AG, Hyundai Motor Company, Tata Motors, Porsche AG, Polestar AB, and Ford Motor Company.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.
Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. This study is for everybody needing commercial analyses for the Battery Electric Vehicle (BEV) market and leading companies. You will find data, trends and predictions.
Read the full report: https://www.reportlinker.com/p06067439/?utm_source=GNW
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________
Battery Electric Vehicle (BEV) Market Report 2021-2031
Forecasts by Vehicle Type (Passenger Vehicles, Light Commercial Vehicles (LCVs), and Heavy Commercial Vehicles (HCVs), by Battery Type (Lithium-ion Batteries, Lead-acid Batteries, and Nickel-metal Hydride Batteries) AND Regional and Leading National Market Analysis PLUS Analysis of Leading BEV Companies AND COVID-19 Recovery Scenarios
| Source: ReportLinker