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Home Editor's Pick Market Research

Electric Mobility Market is Projected to Reach at a CAGR of 23.65% by 2029

Urja Daily by Urja Daily
October 19, 2022
in Market Research
Reading Time: 6 mins read
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BERLIN : “Electric Mobility Market” from Data Bridge Market Research, This research helps businesses thrive by offering in-depth market analyses and insights. The Electric Mobility market research report highlights the ongoing patterns, state-of-the-art techniques, market estimates, and market piece for the estimate time frame will upgrade the fundamental specialist procedure of the business. The report overviews that incorporate sub-factors like imperatives, drivers, dangers, openings, speculation openings, difficulties, and suggestions. This report clarifies valuing procedures, topographical information, key philosophies, and competitive organization analysis, advancement plans, and distinctive financials frameworks of Electric Mobility market. Various items accessible in the market are followed regarding the matter of creation volume, income, marketing structure, and request and supply figures.

The electric mobility market is expected to witness market growth at a rate of 23.65% in the forecast period of 2022 to 2029. Data Bridge Market Research report on electric mobility market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the adoption of Mobility-as-a-Service (MaaS) is escalating the growth of electric mobility market.

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Electric Mobility is referred to as the utilization of electric cars, and e-bikes or pedelecs, electric motorbikes, e-buses and e-trucks.

Major factors that are expected to boost the growth of the electric mobility market in the forecast period are the growing ratio of greenhouse gasses hampering the ecosystem, and hazardous elevation of carbon footprint in the environment. Furthermore, the constant rise in the greenhouse gas and carbon footprint of the automotive and transportation industries is further anticipated to propel the growth of the electric mobility market. Moreover, the augmented awareness about the lower operational and maintenance costs of electric vehicle and their capability of reducing harmful emissions is further estimated to cushion the growth of the electric mobility market. On the other hand, lack of advanced economies and inefficient infrastructure to support the electric mobility is further projected to impede the growth of the electric mobility market in the timeline period.

In addition, the rise in the player penetration that are focused upon moulding the electric based automotive industry will further provide potential opportunities for the growth of the electric mobility market in the coming years. However, the dearth of facility to maintain the electric vehicle services might further challenge the growth of the electric mobility market in the near future.

Some of the major players operating in the Electric Mobility market are:

  • Tesla,
  • TOYOTA MOTOR CORPORATION,
  • Nissan,
  • Groupe Renault,
  • Ford Motor Company,
  • General Motors,
  • AB Volvo,
  • BMW AG,
  • Marshell Green Power,
  • Daimler AG,
  • MG Motor India Pvt. Ltd.,
  • Honda Motor Co., Ltd,
  • Tata Sons Private Limited.,
  • Mitsubishi Motors North America

Important Facts about This Market Report:

  • The Electric Mobility Market Research reveals this business overview, product overview, market share, demand and supply ratio, supply chain analysis, and import/export details
  • The Industry report captivates different approaches and procedures endorsed by the market key players to make crucial business decisions
  • This research presents some parameters such as production value, marketing strategy analysis, Distributors/Traders and effect factors are also mentioned
  • The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed
  • The import and export details along with consumption value and production capability of every region is mentioned in the report
  • Porter’s five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth
  • The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies

Market Country Level Analysis:

The electric mobility market is analyzed, and market size, volume information is provided by country, product, battery and voltage as referenced above. 

The countries covered in the electric mobility market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).

Asia-Pacific dominates the electric mobility market due to the rise in the rate of adoption of EVs, specifically electric bicycles and electric scooters in several countries. Furthermore, the rise in the pollution and the quick increase in fuel prices will further boost the growth of the electric mobility market in the region during the forecast period. Europe is projected to observe significant amount of growth in the electric mobility market due to the quick advancements in the pan-European battery charging network for BEVs. Moreover, the initiatives taken by several countries to ban the sales of new diesel- and petrol-powered vehicles by 2030 is further anticipated to propel the growth of the electric mobility market in the region in the coming years.

This electric mobility market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electric mobility market, contact Data Bridge Market Research for an Analyst Brief Our team will help you take an informed market decision to achieve market growth.

Consider Data Bridge Market Research for this Report which would Help Impact Your Revenues Positively

  • This study offers the latest product news, trends, and updates from the industry’s leading players who have leveraged their market position.
  • It also offers strategic plans and standards to arrive at informed business decisions adopted by the main players, thereby advocating your go to market strategies.
  • In addition, it offers insights into the dynamics of customer behaviour that can help the organization better curate market strategies
  • Usage of exclusive tailor-made tools along with primary research, secondary research and our in-house data model helps us in extracting the exact market numbers
  • Mapping the customer in 3P grid comprising of Purpose, Planning and Positioning, thereby delivering a solution by keeping the prospecting client at the sweet spot
  • The market research report includes all of the market’s valuable elements, such as sales growth, product pricing & analysis, growth opportunities, and recommendations for addressing market challenges
  • The report covers all the primary mergers & acquisitions, alliances, and collaborations that have generated additional opportunities for market players or in some cases, challenges

Key Industry Segmentation: Electric Mobility Market

By Product 

  • Electric Scooter,
  • Electric Bicycle,
  • Electric Skateboard,
  • Electric Motorcycle,
  • Electric Car,
  • Electric Wheelchair

By Battery

  • Sealed Lead Acid,
  • NiMH,
  • Li-Ion

By Voltage

  • 24V,
  • Less than 24V,
  • 36V,
  • 48V,
  • Greater than 48V
Tags: Data BridgeElectric Mobilitymarket research
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