New York, Jan. 19, 2023 (GLOBE NEWSWIRE) -- According to the report published by Next Move Strategy Consulting, the global E-mobility market size generated USD 279.51 billion in 2021, and is projected to reach USD 2305.33 billion by 2030, at a CAGR of 26.94% from 2022 to 2030. The research offers a detailed analysis regarding drivers, restraints, and opportunities to highlight changing market dynamics of the market. Moreover, the research provides an extensive analysis of major segments and their sub-segments to determine fastest-growing and highest revenue-generating segments.
Equipping the extensive analysis of each and every aspect of the market in 413 pages, accompanied by 350 tables and 311 figures, the report aims to become a source of guidance for market players, investors, and startups as they device strategies for next few years to achieve sustainable growth. Moreover, the research outlines the COVID-19 analysis to highlight impact on the global E-mobility market share.
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| Report Coverage | Details |
| Forecast Period | 2022–2030 |
| Base Year | 2021 |
| Market Size in 2021 | USD 279.51 Billion |
| Market Size in 2030 | USD 2305.33 Billion |
| CAGR | 26.9% |
| No. of Pages | 413 |
| Tables | 350 |
| Figures | 311 |
| Segments covered | Product Type, Battery Type, Voltage Type, and Geography |
| Drivers | Increasing demand for emission-free vehicles |
| Stringent government regulation to reduce carbon emission | |
| Low cost of lithium-ion batteries to fuel market growth | |
| Opportunities | Increasing adoption of solar-powered EV charging infrastructure |
The report offers a comprehensive analysis of the E-mobility market dynamics based on drivers, restraining factors, and opportunities. Stringent government regulation imposing strict emission standards to reduce carbon emissions and combat climate change drive the growth of the global automotive E-mobility industry. However, the lack of semiconductor chip and charging infrastructure facilities restrain the market growth.
Lead Analyst for Automotive & Transportation at Next Move Strategy Consulting, stated, “The increasing adoption of solar-powered EV charging infrastructure enables EV manufacturers to work towards a sustainable increase in electric production. The solar-powered devices are fast, inexpensive substitutes for charging infrastructure and reduce the carbon emissions of fossil fuel electricity generation, creating new opportunities in the coming years.”
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Asia-Pacific accounted for the highest market share in 2021, and is expected to maintain its dominance throughout the forecast period. This can be attributed to the growing government incentives and subsidies to buy electric vehicles (EVs) as well as support installation of EV charging stations across cities in this region. However, Europe is projected to register a steady growth rate throughout the forecast period, owing to the growing government initiatives to decarbonize transportation and speed up the transition to zero-emission EVs.
The research offers an analysis of each region and its countries based on segments and their sub-segments to outline steps to be taken to consolidate presence in the E-Mobility industry. This analysis is also helpful in determining highest-revenue generating and fastest-growing segments and taking the next steps accordingly.
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The report offers a detailed analysis of leading market players of the global e-mobility market trends. Leading players analyzed in the research include Tesla Inc., Nissan Motor Corporation, BMW Group, General Motors Company, Honda Motor Company Ltd., Toyota, Accell Group, Volkswagen AG, Ford Motor Company, and Hyundai Motor Company.
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About Us:
Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analyzed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top-quality research and the obsession of turning data into knowledge by dissecting every bits of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high-quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enable them to move beyond time and have competitive edge in the industry.
We have been servicing over 1,000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solutions that range from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.
