Asia-Pacific Electric Car Market Research Report 2021-2028 (Business Opportunities - Advertising Service)

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Asia-Pacific Electric Car Market Research Report 2021-2028


Bharat Book Bureau Provides the Trending Market Research Report on “Asia-Pacific Electric Car Market by Propulsion Type (BEV, FCEV, PHEV, HEV), Power Output (Less Than 100kW, 100 kW to 250 kW), End Use (Private, Commercial), and Geography - Forecast to 2028”under Automotive Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
Asia-Pacific Electric Cars Market by Propulsion Type (BEV, FCEV, PHEV, HEV), Power Output (Less Than 100kW, 100 kW to 250 kW), End Use (Private, Commercial), and Geography —Forecast to 2028
The research report titled “Asia-Pacific Electric Cars Market by Propulsion Type (BEV, FCEV, PHEV, HEV), Power Output (Less Than 100kW, 100 kW to 250 kW), End Use (Private, Commercial), and Geography —Forecast to 2028” provides an in-depth analysis of the Asia-Pacific electric cars market and emphasizes on the current market trends, market size, market shares, recent developments, and forecast till 2028. The Asia-Pacific Electric Cars Market is expected to reach $761.97 billion by 2028, at a CAGR of 34.6 % during the forecast period, 2021-2028. By volume, this market is expected to grow at a CAGR of 40.4 % from 2021 to reach 53.8 million units by 2028.
The growth of this market is mainly attributed to the supportive government policies and regulations, increasing investments by leading automotive OEMs, and decreasing battery prices are key factors driving the growth of the Asia-Pacific electric cars market.
The study offers a comprehensive analysis of the Asia-Pacific electric cars market with respect to the propulsion type (hybrid vehicles, battery electric vehicles, and fuel cell electric vehicles), power output (less than 100 kW, and 100 kW to 250 kW), end use (private use, and commercial use), and geography. The study also evaluates industry competitors and analyzes the market at the country level.
Based on propulsion type, the Asia-Pacific electric cars market is mainly segmented into hybrid vehicles, battery electric vehicles, and fuel cell electric vehicles. The hybrid vehicles segment is expected to account for the largest share of the Asia-Pacific electric cars market in 2021. However, the fuel cell electric vehicles segment is expected to witness significant growth. Major factors attributed to the high growth of this segment are zero tailpipe emissions and lighter and smaller battery packs with increased driving range.
Based on power output, the Asia-Pacific electric cars market is segmented into less than 100 kW and 100 kW to 250 kW. The less than 100 kW segment is expected to account for the largest share of the Asia-Pacific electric cars market in 2021. The large share of this segment is mainly attributed increasing use of light electric cars in the central business districts of major cities in China, Japan, and South Korea and the increasing implementation of electric cars for shared mobility services.
Based on end use, the Asia-Pacific electric cars market is segmented into private use and commercial use. The private use segment is expected to account for the largest share of the Asia-Pacific electric cars market in 2021. The large share of this segment is mainly attributed to increasing consumer demand for fuel-efficient and environment-friendly vehicles, government incentives, tax rebates, the decline in battery costs, and increasing fuel prices. However, the commercial use segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to increasing use of electric cars in shared mobility services and corporate taxi fleets, increasing regulations to reduce fleet emissions, growing demand for energy-efficient commuting, increasing fuel prices, and encouragement by global and state-level regulatory bodies to deploy policies promoting the adoption of electric cars for mobility services.
Browse our full report with Table of Content : https://www.bharatbook.com/report/1165039/asia-pacific-electric-car-market-by-propulsion-type-bev-fcev-phev-hev-power-output-less-than-kw-kw-to-kw-end-use-private-commercial-and-geography-forecast-to
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Target State: Maharashtra
Target City : Navi Mumbai
Last Update : 07 January 2022 2:53 PM
Number of Views: 62
Item  Owner  : Priya Prakash
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Contact Phone: 22 27810772 / 27810773

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2022-10-04 (0.396 sec)