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  5. > Electric Vehicles (BEV and PHEV) Sales Volume and Market Forecast - Global Analysis

The electric vehicles market is rapidly growing around the world and are seen as a potential option towards a less carbon intensive road transport. Electric vehicles reduce dependence on petroleum/diesel/gasoline and tap into a source of electricity that is often domestic and relatively inexpensive. This attributes seem to drive the demand for electric vehicle over the forecasting period. With increasing popularity among end users, the global electric vehicles market is projected to grow with double digit CAGR during the period 2016 - 2021.

The major driving factors for electric vehicle market includes governmental incentives in the form of subsidies, no registration tax, no VAT, free parking and no road tax for electric vehicles. The development of more efficient and less costly batteries; increasing trend towards sustainable developments and low operating cost of electric vehicles further fuels the demand for electric vehicles. However, electric vehicle industry faces some challenges as well, such as, high purchasing cost, limited driving range and long recharging time.

In the electric vehicles market, North America captured maximum share of the market till the year 2014. In 2015, Asia and Europe passed the North America to become the largest and second largest regional market for electric vehicles. The Asian EV market is driven particularly by the huge growth in Chinese electric vehicles market. In European countries, the Netherlands and Norway have the highest number of electric vehicle registrations in the period 2011-2015 being followed by France and Germany.

In terms of country analysis, in 2015, China replaced United States to become the market leader with XX% share of the global electric vehicles market. China is likely to remain the leading electric vehicles market throughout the forecasting period. Netherlands and Norway are the third and fourth leading market for electric vehicles in 2015. United Kingdom stands at the fifth spot with xx% share of the global electric vehicles market in 2015 being followed by Germany. France and Japan accounts for xx% and xx% share of the global electric vehicles market respectively in 2015.



iGATE Research report titled “Electric Vehicles (BEV and PHEV) Sales Volume and Market Forecast - Global Analysis” provides a comprehensive analysis of the fast-evolving high growth electric vehicles industry. This 252 Page report with 202 Figures and 8 Tables provides a complete analysis of the Global electric vehicles market and forecast.


The Electric Vehicles Market have been analyzed from 7 viewpoints:

1. Global Electric Vehicles Sales Volume and Forecast - By Segment (BEV and PHEV)
2. Global Electric Vehicle Sales Volume and Market Forecast - Region Wise
3. Global Electric Vehicle Sales Volume and Market Forecast - Country Wise
4. Global BEV Sales Volume and Forecast - Country Wise
5. Global PHEV Sales Volume and Forecast - Country Wise
6. Global Electric Vehicle Market - Country Wise Government Incentives
7. Global Electric Vehicle Market - Driving Factors and Challenges


Global Electric Vehicles Sales Volume and Forecast - By Segment (2011 - 2021)

1. Battery Electric Vehicle (BEV)
2. Plug-in Hybrid Vehicle (PHEV)


Global Electric Vehicle Sales Volume and Market Forecast - Region Wise (2012 - 2021)

1. North America
2. Europe
3. Asia
4. Australia


Global Electric Vehicle (BEV and PHEV) Sales Volume and Market Forecast - 24 Countries Covered (2012 - 2021)

1. United States
2. Canada
3. Norway
4. Netherlands
5. France
6. Ireland
7. Sweden
8. Denmark
9. Germany
10. Portugal
11. United Kingdom
12. Italy
13. Spain
14. Austria
15. Belgium
16. Czech Republic
17. Estonia
18. Finland
19. Switzerland
20. Japan
21. China
22. India
23. South Korea
24. Australia


Data Sources

Research Methodologies

Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.

Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.

Table Of Contents

Electric Vehicles (BEV and PHEV) Sales Volume and Market Forecast - Global Analysis
1. Executive Summary

2. Global Electric Vehicle Sales Volume and Market Forecast (2011 - 2021)

2.1 Global Electric Vehicle Sales Volume and Forecast

2.1.1 Global Battery Electric Vehicle (BEV) Sales Volume and Forecast
2.1.2 Global Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast

2.2 Global Electric Vehicle Market and Forecast

3. Global Electric Vehicle Market Share and Forecast (2012 - 2021)

3.1 Global Electric Vehicle Market Share and Forecast - Region Wise
3.2 Global Electric Vehicle Market Share and Forecast - Country Wise

4. Global Electric Vehicle Sales Share and Forecast (2012 - 2021)

4.1 Global Electric Vehicle Sales Share and Forecast - By Segment (BEV and PHEV)
4.2 Global Electric Vehicle Sales Share and Forecast - Region Wise
4.3 Global Electric Vehicle Sales Share and Forecast - Country Wise
4.4 Global Battery Electric Vehicle (BEV) Sales Share and Forecast - Country Wise
4.5 Global Plug-in Hybrid Vehicle (PHEV) Sales Share and Forecast - Country Wise

5. Global Electric Vehicle Sales Volume and Market Forecast - Region Wise (2012 - 2021)

5.1 North America - Electric Vehicle Sales Volume and Market Forecast

5.1.1 North America - Electric Vehicle Sales Volume and Forecast
5.1.2 North America - Electric Vehicle Market and Forecast

5.2 Europe - Electric Vehicle Sales Volume and Market Forecast

5.2.1 Europe - Electric Vehicle Sales Volume and Forecast
5.2.2 Europe - Electric Vehicle Market and Forecast

5.3 Asia - Electric Vehicle Sales Volume and Market Forecast

5.3.1 Asia - Electric Vehicle Sales Volume and Forecast
5.3.2 Asia - Electric Vehicle Market and Forecast

5.4 Australia - Electric Vehicle Sales Volume and Market Forecast

5.4.1 Australia - Electric Vehicle Sales Volume and Forecast
5.4.2 Australia - Electric Vehicle Market and Forecast

6. North America Electric Vehicle Sales Volume and Market Forecast - Country Wise

6.1 United States - Electric Vehicle Sales Volume and Market Forecast

6.1.1 United States Electric Vehicle Sales Volume and Forecast
6.1.2 United States Battery Electric Vehicle (BEV) Sales Volume and Forecast
6.1.3 United States Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
6.1.4 United States - Electric Vehicle Market and Forecast
6.1.5 Government Incentives

6.2 Canada - Electric Vehicle Sales Volume and Market Forecast

6.2.1 Canada Electric Vehicle Sales Volume and Forecast
6.2.2 Canada Battery Electric Vehicle (BEV) Sales Volume and Forecast
6.2.3 Canada Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
6.2.4 Canada - Electric Vehicle Market and Forecast
6.2.5 Government Incentives

7. Europe Electric Vehicle Sales Volume and Market Forecast - Country Wise

7.1 Netherlands - Electric Vehicle Sales Volume and Market Forecast

7.1.1 Netherlands Electric Vehicle Sales Volume and Forecast
7.1.2 Netherlands Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.1.3 Netherlands Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.1.4 Netherlands - Electric Vehicle Market and Forecast
7.1.5 Government Incentives

7.2 Norway - Electric Vehicle Sales Volume and Market Forecast

7.2.1 Norway Electric Vehicle Sales Volume and Forecast
7.2.2 Norway Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.2.3 Norway Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.2.4 Norway - Electric Vehicle Market and Forecast
7.2.5 Government Incentives

7.3 France - Electric Vehicle Sales Volume and Market Forecast

7.3.1 France Electric Vehicle Sales Volume and Forecast
7.3.2 France Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.3.3 France Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.3.4 France - Electric Vehicle Market and Forecast
7.3.5 Government Incentives

7.4 Ireland - Electric Vehicle Sales Volume and Market Forecast

7.4.1 Ireland Electric Vehicle Sales Volume and Forecast
7.4.2 Ireland Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.4.3 Ireland Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.4.4 Ireland - Electric Vehicle Market and Forecast
7.4.5 Government Incentives

7.5 Sweden - Electric Vehicle Sales Volume and Market Forecast

7.5.1 Sweden Electric Vehicle Sales Volume and Forecast
7.5.2 Sweden Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.5.3 Sweden Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.5.4 Sweden - Electric Vehicle Market and Forecast
7.5.5 Government Incentives

7.6 Denmark - Electric Vehicle Sales Volume and Market Forecast

7.6.1 Denmark Electric Vehicle Sales Volume and Forecast
7.6.2 Denmark - Electric Vehicle Market and Forecast
7.6.3 Government Incentives

7.7 Germany - Electric Vehicle Sales Volume and Market Forecast

7.7.1 Germany Electric Vehicle Sales Volume and Forecast
7.7.2 Germany Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.7.3 Germany Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.7.4 Germany - Electric Vehicle Market and Forecast
7.7.5 Government Incentives

7.8 Portugal - Electric Vehicle Sales Volume and Market Forecast

7.8.1 Portugal Electric Vehicle Sales Volume and Forecast
7.8.2 Portugal Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.8.3 Portugal Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.8.4 Portugal - Electric Vehicle Market and Forecast
7.8.5 Government Incentives

7.9 United Kingdom - Electric Vehicle Sales Volume and Market Forecast

7.9.1 United Kingdom Electric Vehicle Sales Volume and Forecast
7.9.2 United Kingdom Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.9.3 United Kingdom Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.9.4 United Kingdom - Electric Vehicle Market and Forecast
7.9.5 Government Incentives

7.10 Italy - Electric Vehicle Sales Volume and Market Forecast

7.10.1 Italy Electric Vehicle Sales Volume and Forecast
7.10.2 Italy Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.10.3 Italy Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.10.4 Italy - Electric Vehicle Market and Forecast
7.10.5 Government Incentives

7.11 Spain - Electric Vehicle Sales Volume and Market Forecast

7.11.1 Spain Electric Vehicle Sales Volume and Forecast
7.11.2 Spain Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.11.3 Spain Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.11.4 Spain - Electric Vehicle Market and Forecast
7.11.5 Government Incentives

7.12 Austria - Electric Vehicle Sales Volume and Market Forecast

7.12.1 Austria Electric Vehicle Sales Volume and Forecast
7.12.2 Austria Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.12.3 Austria Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.12.4 Austria - Electric Vehicle Market and Forecast
7.12.5 Government Incentives

7.13 Belgium - Electric Vehicle Sales Volume and Market Forecast

7.13.1 Belgium Electric Vehicle Sales Volume and Forecast
7.13.2 Belgium Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.13.3 Belgium Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.13.4 Belgium - Electric Vehicle Market and Forecast
7.13.5 Government Incentives

7.14 Czech Republic - Electric Vehicle Sales Volume and Market Forecast

7.14.1 Czech Republic Electric Vehicle Sales Volume and Forecast
7.14.2 Czech Republic Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.14.3 Czech Republic Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.14.4 Czech Republic - Electric Vehicle Market and Forecast
7.14.5 Government Incentives

7.15 Estonia - Electric Vehicle Sales Volume and Market Forecast

7.15.1 Estonia Electric Vehicle Sales Volume and Forecast
7.15.2 Estonia - Electric Vehicle Market and Forecast
7.15.3 Government Incentives

7.16 Finland - Electric Vehicle Sales Volume and Market Forecast

7.16.1 Finland Electric Vehicle Sales Volume and Forecast
7.16.2 Finland Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.16.3 Finland Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.16.4 Finland - Electric Vehicle Market and Forecast
7.16.5 Government Incentives

7.17 Switzerland - Electric Vehicle Sales Volume and Market Forecast

7.17.1 Switzerland Electric Vehicle Sales Volume and Forecast
7.17.2 Switzerland Battery Electric Vehicle (BEV) Sales Volume and Forecast
7.17.3 Switzerland Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
7.17.4 Switzerland - Electric Vehicle Market and Forecast
7.17.5 Government Incentives

8. Asia Electric Vehicle Sales Volume and Market Forecast - Country Wise

8.1 Japan - Electric Vehicle Sales Volume and Market Forecast

8.1.1 Japan Electric Vehicle Sales Volume and Forecast
8.1.2 Japan Battery Electric Vehicle (BEV) Sales Volume and Forecast
8.1.3 Japan Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
8.1.4 Japan - Electric Vehicle Market and Forecast
8.1.5 Government Incentives

8.2 China - Electric Vehicle Sales Volume and Market Forecast

8.2.1 China Electric Vehicle Sales Volume and Forecast
8.2.2 China Battery Electric Vehicle (BEV) Sales Volume and Forecast
8.2.3 China Plug-in Hybrid Vehicle (PHEV) Sales Volume and Forecast
8.2.4 China - Electric Vehicle Market and Forecast
8.2.5 Government Incentives

8.3 India - Electric Vehicle Sales Volume and Market Forecast

8.3.1 India Electric Vehicle Sales Volume and Forecast
8.3.2 India - Electric Vehicle Market and Forecast
8.3.3 Government Incentives

8.4 South Korea - Electric Vehicle Sales Volume and Market Forecast

8.4.1 South Korea Electric Vehicle Sales Volume and Forecast
8.4.2 South Korea - Electric Vehicle Market and Forecast
8.4.3 Government Incentives

9. Australia Electric Vehicle Sales Volume and Market Forecast

9.1 Australia Electric Vehicle Sales Volume and Forecast
9.2 Australia Electric Vehicle Market and Forecast
9.3 Government Incentives

10. Global Electric Vehicle Market - Driving Factors

10.1 Financial Incentives
10.2 Declining Battery Cost
10.3 Remove Dependency on Diesel/Gasoline and Cheaper to Operate

11. Global Electric Vehicle Market - Challenges

11.1 Higher Purchase Costs for Electric Vehicles
11.2 Insufficient Charging Infrastructure and Long Charging Time
11.3 Limited Range Electric Vehicles Can Drive Without Recharging


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