ASIA PACIFIC ELECTRIC VEHICLE MARKET 2019-2027

Automotive & Transportation | Automotive Technologies

ASIA PACIFIC ELECTRIC VEHICLE MARKET 2019-2027

Market By Vehicle Type, Power Source, Technology And Geography | Forecasts 2019-2027

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The research conducted by Triton depicts that the Asia Pacific electric vehicle market is expected to progress at a CAGR rate of 21.71% over the forecasting period 2019-2027. The market is evolving rapidly and is anticipated to account for the highest CAGR by the end of the forecasting period.

The economies studied in the Asia Pacific electric vehicle market are:

•    China

•    Japan

•    India 

•    South Korea

•    ASEAN countries 

•    Australia & New Zealand  

•    Rest of Asia Pacific

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The market of electric vehicle report is divided into vehicle type, power source and technology. India, China and South Korea are the key countries dominating the electric vehicle market in the Asia Pacific region. Amongst, China reigns the electric vehicle market in the Asia Pacific region and has the largest market share in terms of revenue. China leads the electric vehicle market in the Asia Pacific region due to increasing adoption rates of smart mobility services, the increasing government initiatives and increasing fuel rates. 

The electric vehicle market report from Triton provides detailed information about the market sizing and forecasting of electric vehicle market in the Asia Pacific region. This report also provides the necessary information about the market definition, key insights, introduction, evolution & transition of electric vehicle, Porter's five force analysis, market attractiveness matrix, industry components, regulatory framework, key impact analysis, market opportunity insights, industry player positioning, key market strategies and vendor scorecard. 

Electric vehicle market in Asia Pacific region is driven by factors such as proactive government policies, the cost-effectiveness of the electric vehicle as compared to their gas-powered counterparts and increasing per capita income. However, the factors causing an obstacle to the growth of the electric vehicle market are the high cost and the scarcity of charging stations for electric vehicles. 

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Table of Content

1.    ASIA PACIFIC ELECTRIC VEHICLE MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.3. INTRODUCTION: ELECTRIC VEHICLES

2.4. EVOLUTION & TRANSITION OF ELECTRIC VEHICLE

2.5. PORTER'S FIVE FORCE ANALYSIS

2.6. MARKET ATTRACTIVENESS MATRIX

2.7. INDUSTRY COMPONENTS

2.8. REGULATORY FRAMEWORK

2.9. VENDOR SCORECARD

2.10.            KEY IMPACT ANALYSIS

2.11.            MARKET OPPORTUNITY INSIGHTS

2.12.            INDUSTRY PLAYER POSITIONING

2.13.            KEY MARKET STRATEGIES

2.14.            MARKET DRIVERS

2.14.1.                PROACTIVE GOVERNMENT POLICIES TO PROMOTE THE USE OF ELECTRIC VEHICLES

2.14.2.                COST-EFFECTIVENESS OF ELECTRIC VEHICLES OVER THEIR GAS POWERED COUNTERPARTS

2.14.3.                TRANSPORT CONTRIBUTING TO THE GREENHOUSE GAS (GHG) EMISSIONS, AIR POLLUTION & ENERGY CONSUMPTION

2.14.4.                INCREASING PER CAPITA INCOME

2.15.            MARKET RESTRAINTS

2.15.1.                LACK OF ELECTRIC VEHICLES CHARGING STATIONS

2.15.2.                HIGH COST OF ELECTRIC VEHICLES

2.16.            MARKET OPPORTUNITIES

2.16.1.                RISE IN LITHIUM-ION BATTERY PRODUCTION CAPACITIES

2.16.2.                GOVERNMENT INITIATIVES TO LIMIT GREENHOUSE GASES

2.16.3.                INCREASED RESEARCH & DEVELOPMENT EXPENDITURE TOWARDS DEVELOPMENT OF EV’S

2.17.            MARKET CHALLENGES

2.17.1.                LACK OF PUBLIC AWARENESS

2.17.2.                PERFORMANCE ISSUES

3.    ELECTRIC VEHICLE INDUSTRY OUTLOOK - BY VEHICLE TYPE

3.1. COMMERCIAL VEHICLES

3.2. PASSENGER CARS

3.3. TWO WHEELERS

3.4. OTHER VEHICLES

4.    ELECTRIC VEHICLE INDUSTRY OUTLOOK - BY POWER SOURCE

4.1. STORED ELECTRICITY

4.2. ON BOARD ELECTRICITY GENERATOR

5.    ELECTRIC VEHICLE INDUSTRY OUTLOOK - BY TECHNOLOGY

5.1. HYBRID ELECTRIC VEHICLE

5.2. BATTERY ELECTRICAL VEHICLES

5.3. PLUG-IN HYBRID ELECTRICAL VEHICLE

6.    ELECTRIC VEHICLE INDUSTRY - ASIA PACIFIC

6.1. CHINA

6.2. JAPAN

6.3. INDIA

6.4. SOUTH KOREA

6.5. ASEAN COUNTRIES

6.6. AUSTRALIA AND NEW ZEALAND

6.7. REST OF ASIA PACIFIC

7.    COMPETITIVE LANDSCAPE

7.1. BAYERISCHE MOTOREN WERKE AG

7.2. BYD COMPANY LTD

7.3. DAIMLER AG

7.4. FIAT CHRYSLER AUTOMOBILES N.V

7.5. FORD MOTOR COMPANY

7.6. GENERAL MOTORS COMPANY

7.7. GROUPE PSA

7.8. HONDA MOTOR COMPANY

7.9. HYUNDAI MOTOR

7.10.            MITSUBISHI

7.11.            NISSAN MOTOR CO., LTD.

7.12.            TESLA MOTORS, INC.

7.13.            TOYOTA INDUSTRIES CORPORATION

7.14.            VOLKSWAGEN AG

7.15.            ZHEJIANG GEELY HOLDING GROUP

8.    METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1. MARKET ATTRACTIVENESS MATRIX FOR ELECTRIC VEHICLE MARKET

TABLE 2. VENDOR SCORECARD OF ELECTRIC VEHICLE MARKET     

TABLE 3. REGULATORY FRAMEWORK OF ELECTRIC VEHICLE MARKET

TABLE 4. KEY STRATEGIC DEVELOPMENTS IN ELECTRIC VEHICLE MARKET

TABLE 5. BENEFITS & LIMITATIONS OF ELECTRIC VEHICLES  

TABLE 6. WORLDWIDE LITHIUM-ION BATTERY PRODUCTION CAPACITY (GWH)    

TABLE 7. COST COMPARISON OF EV’S TO THEIR GAS-POWERED COUNTERPART                                 

TABLE 8. ASIA PACIFIC ELECTRIC VEHICLE MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)

TABLE 9. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019-2027 (IN $ MILLION)      

TABLE 10. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY POWER SOURCE, 2019-2027 (IN $ MILLION)      

TABLE 11. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1. ASIA PACIFIC ELECTRIC VEHICLE MARKET, 2019-2027 (IN $ MILLION)  

FIGURE 2. PORTER’S FIVE FORCE ANALYSIS OF ELECTRIC VEHICLE MARKET

FIGURE 3. KEY IMPACT ANALYSIS

FIGURE 4. TIMELINE OF ELECTRIC VEHICLE

FIGURE 5. MARKET OPPORTUNITY INSIGHTS, BY VEHICLE TYPE, 2018

FIGURE 6. INDUSTRY COMPONENTS OF ELECTRIC VEHICLE MARKET         

FIGURE 7. KEY PLAYER POSITIONING IN 2018 (%)

FIGURE 8. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY COMMERCIAL VEHICLES, 2019-2027 (IN $ MILLION)

FIGURE 9. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY PASSENGER CARS, 2019-2027 (IN $ MILLION)        

FIGURE 10. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY TWO WHEELERS, 2019-2027 (IN $ MILLION)   

FIGURE 11. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY OTHER VEHICLES, 2019-2027 (IN $ MILLION)        

FIGURE 12. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY POWER SOURCE, 2018 & 2027 (IN %)

FIGURE 13. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY STORED ELECTRICITY, 2019-2027 (IN $ MILLION)          

FIGURE 14. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY ON BOARD ELECTRICITY GENERATOR, 2019-2027 (IN $ MILLION)        

FIGURE 15. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY TECHNOLOGY, 2018 & 2027 (IN %)      

FIGURE 16. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY HYBRID ELECTRIC VEHICLE, 2019-2027 (IN $ MILLION)

FIGURE 17. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY BATTERY ELECTRICAL VEHICLES, 2019-2027 (IN $ MILLION)  

FIGURE 18. ASIA PACIFIC ELECTRIC VEHICLE MARKET, BY PLUG-IN HYBRID ELECTRICAL VEHICLE, 2019-2027 (IN $ MILLION)     

FIGURE 19. ASIA PACIFIC ELECTRIC VEHICLE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 20. CHINA ELECTRIC VEHICLE MARKET, 2019-2027 (IN $ MILLION) 

FIGURE 21. JAPAN ELECTRIC VEHICLE MARKET, 2019-2027 (IN $ MILLION) 

FIGURE 22. INDIA ELECTRIC VEHICLE MARKET, 2019-2027 (IN $ MILLION)   

FIGURE 23. SOUTH KOREA ELECTRIC VEHICLE MARKET, 2019-2027 (IN $ MILLION)         

FIGURE 24. ASEAN COUNTRIES ELECTRIC VEHICLE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 25. AUSTRALIA & NEW ZEALAND ELECTRIC VEHICLE MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 26. REST OF ASIA-PACIFIC ELECTRIC VEHICLE MARKET, 2019-2027 (IN $ MILLION)            

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