Electric Vehicles Market Growth 2013 - 2019

Transparency Market Research

Electric Vehicles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Published Date 04-July-2014

61 Page Report

Buy Now

Request Sample

Press Release

Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com

Electric Vehicles Market

REPORT DESCRIPTION

Electric Vehicles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 The global on-road electric vehicles market is forecast to record 64.4 million units volume sales by 2019. In terms of revenue, it is expected to reach a value of USD 271.67 billion by 2019, growing at a CAGR of 19.2% from 2013 to 2019. Increasing use of electric vehicles is due to rise in gasoline prices, growing environmental concerns, and government support/initiatives such as tax exemptions to promote use of eco-friendly products and services. Worldwide, governments are dedicatedly funding research and development centres to develop efficient lithium-ion batteries which are used in electric vehicles. These advanced batteries offer improved energy transfer and better storage capacity at affordable cost. Regions such as Europe and North America are the pioneers in developing and adopting such technologies, with certain countries namely China, Japan, and South Korea, in Asia-Pacific region too, fast catching the trend. Browse the full Electric vehicles market report at http://www.transparencymarketresearch.com/electric-vehicles-market.html The global on-road electric vehicles market has been classified by product types into four broad segments namely motorcycles and scooters, cars, buses, and others (neighborhood electric vehicles, bicycles, golf carts and trucks). In terms of revenue, electric cars dominated the market in 2012 with 19.6% of global market revenue. Others (neighborhood electric vehicles,...