Electric Vehicle Market Size, Share & Industry Analysis By Vehicle Type (Passenger Car and Commercial Vehicle), By Propulsion Type (Battery Electric Vehicle (BEV) and Hybrid Electric Vehicle (HEV)), By Drive Type (All Wheel Drive, Front Wheel Drive, and Rear Wheel Drive), By Range (Up to 150 Miles, 151-300 Miles, and Above 300 Miles), By Component (Battery Pack & High Voltage Component, Motor, Brake, Wheel & Suspension, Body & Chassis, and Low Voltage Electric Component) and Regional Forecast, 2024-2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2023

Estimated Year

2024

Forecast Period

2024-2032

Historical Period

2019-2022

Growth Rate

CAGR of 13.8% from 2024 to 2032

Unit

Value (USD Billion)

Segmentation

By Vehicle Type

• Passenger Car
• Commercial Vehicle

By Propulsion Type

• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle ( HEV)

By Drive Type

• All Wheel Drive
• Front Wheel Drive
• Rear Wheel Drive

By Range

• Up to 150 Miles
• 151-300 Miles
• Above 300 Miles

By Component

• Battery Pack & High Voltage Component
• Motor
• Brake, Wheel & Suspension
• Body & Chassis
• Low Voltage Electric Component

By Region

• North America (By Vehicle Type, By Propulsion, By Drive Type, By Range, By Component)
• U.S. (By Vehicle Type)
• Canada (By Vehicle Type)
• Mexico (By Vehicle Type)
• Europe (By Vehicle Type, By Propulsion, By Drive Type, By Range, By Component)
• U.K. (By Vehicle Type)
• Germany (By Vehicle Type)
• France (By Vehicle Type)
• Rest of Europe (By Vehicle Type)
• Asia Pacific (By Vehicle Type, By Propulsion, By Drive Type, By Range, By Component)
• China (By Vehicle Type)
• India (By Vehicle Type)
• Japan (By Vehicle Type)
• Rest of Asia Pacific (By Vehicle Type)
• Rest of the World (By Vehicle Type, By Propulsion, By Drive Type, By Range, By Component)