市场调查报告书
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全球电动汽车零件市场评估:依车辆类型、零件类型、通路、地区、机会、预测(2017-2031)Electric Vehicle Component Market Assessment, By Vehicle Type, By Component Type, By Distribution Channel, By Region, Opportunities and Forecast, 2017-2031F |
全球电动车零件市场规模预计将从 2023 年的 1,549 亿美元增至 2031 年的 7,647 亿美元,2024-2031 年预测期间复合年增长率为 22.09%。近年来,由于电动车产量的增加、电动车充电平台的进步、零碳排放意识的增强以及政府对增加充电站的投资激增,该市场呈现成长势头,预计未来几年将保持强劲。仍将持续。电动车销量的增加和电动车快速充电基础设施的进步将在预测期内显着推动全球电动车零件市场的需求。该国的经济成长是由电动车充电零件市场占有率不断增加所推动的,这很大程度上得益于电动车的广泛采用。这一趋势是由成本效率和环境效益(例如减少噪音污染和零排放)所推动的。电动汽车零件市场的成长在预测期内呈现显着成长。
此外,为推进新技术而不断增加的政府资助和各地区的零件研究正在推动全球电动车零件市场规模的扩大。此外,透过利用先进技术建造高效的新充电站来加强基础设施的努力将支持电动车充电组件市场在预测期内的扩张。汽车行业的汽车製造商预计将从其他国家采购零件,以满足对电动车日益增长的需求。
例如,2023年11月,Tesla, Inc.宣布将从印度进口的价值19亿美元的零件增加一倍。Commerce and Industry Minister of India表示,电动车需求的增加将推动零件成长。
电动车投资和产量增加拉动市场需求
电动车产量的增加是由于电动车提供的显着优势以及客户对电动车的需求不断增加。电动车碳排放减少带来的各种好处,例如加强环境保护和减少污染,正在推动预测期内全球市场的成长。此外,消费者需求的成长促使研发活动增加,各种新组件和技术被引入市场,推动了全球电动车零件市场需求的快速成长。此外,电动车充电基础设施开发投资的增加以及充电平台数量的增加支持了预测期内电动车充电组件的成长。新兴国家政府正计划投资电动车零件领域,为当地製造生态系统创造机会。
例如,2024年4月,Investment Information and Credit Rating Agency预测印度汽车零件产业,尤其是电动车零件的投资将增加。预计未来三到四年将投资 30 亿美元,以加强在地化、提高电动车产量并应对製造课题。
电动汽车电池製造工厂的建立推动市场成长
电动车市场见证了锂离子电池的各种创新和进步,市场参与者透过努力扩大其产品范围和足迹来回应。每家公司都提供各种专门用于开发先进电动巴士和乘用车的电动车电池。主要进入者也专注于电动车零件(包括电动车电池)的各种创新和研发。此外,消费者对电动车日益增长的兴趣正在创造许多机会来主导全球电动车零件市场占有率。
例如,Panasonic Corporation于2022年3月宣布,将在日本西部和歌山工厂建立生产设施,生产电动车的创新 "4,680" 锂电池。该公司致力于推动电动车在全球的快速普及并在全球范围内拓展业务。
本报告研究和分析了全球电动车零件市场,提供市场规模和预测、市场动态以及主要参与者的现状和前景。
Global electric vehicle components market is estimated to witness a CAGR of 22.09% during the forecast period 2024-2031, growing from USD 154.90 billion in 2023 to USD 764.70 billion in 2031. The market has experienced growth in recent years and is estimated to maintain a strong pace of expansion in the coming years due to an increase in the production of electric vehicles, advancement in the electric vehicle charging platform, rising awareness concerning zero carbon emission, and surging investment by government to increase number of a charging station. The rising sales of electric vehicles and advancement in the fast-charging infrastructure of electric cars is driving the global electric vehicle components market demand to a larger extent in the forecast period. The country's economic growth, propelled by a growing market share in electric vehicle charging components, is highly owing to the increasing prevalence of electric vehicles. The trend is fostered by their cost-effectiveness and environmental advantages, including reduced noise pollution, and zero emissions. The electric vehicle components market growth has witnessed a significant rise in the forecast period.
In addition, government funding from different regions for new technology advancement and increased research into components foster the global electric vehicle components market size. Furthermore, initiatives to enhance infrastructure by building new, technologically advanced, and more efficient charging stations support the expansion of the EV charging component market in the forecast period. Automakers in the automotive industry are projected to source components from other countries to address the rising demand for electric vehicles.
For instance, in November 2023, Tesla, Inc. announced to double its imports of components worth USD 1.9 billion from India. The increase in demand for EVs will help foster the growth of components according to the Commerce and Industry Minister of India.
Increase in Investment and Production of Electric Vehicles to Foster Market Demand
The production of electric vehicles is rising due to the significant benefits of electric vehicles and the growing demand from customers for EVs. Different benefits including increased environmental protection and controlled pollution owing to less carbon emission from electric vehicles propel the global market growth in the forecast period. Also, a rise in different research and development activities with different new components and technologies launched in the market, owing to accelerated requirements from the consumer has aided to surge in the global electric vehicle component market demand. Moreover, the increasing investment in the development of EV charging infrastructure with a growing number of charging platforms has supported the growth rate of electric vehicle charging components in the forecast period. Governments of emerging countries are planning to invest in the component segment for electric vehicles to create opportunities for the local manufacturing ecosystem.
For instance, in April 2024, the Investment Information and Credit Rating Agency forecasted an increase in investment in India's auto component sector, especially for EV parts. Over the next 3-4 years the investment of USD 3 billion are expected to allow advancements in localization, enhance EV production, and address manufacturing challenges.
Establishment of Manufacturing Facilities for EV Batteries Propel the Market Growth
In the electric vehicle market, there are different innovations and advancements in lithium-ion batteries functioned by the market players to expand their product range and footprint. Companies are offering a wide range of batteries for EVs that are specifically dedicated to the development of advanced electric buses and passenger cars. Also, key participants are majorly focused on different innovations and research and development into electric vehicle components including EV batteries. Moreover, the growing interest of consumers in electric vehicles has created a number of opportunities for dominating the global electric vehicle components market share. From start-up entrepreneurs compelled by government initiatives to giant companies investing a heavy amount in establishing a manufacturing facility for the production of batteries to expand their business across the globe.
For instance, in March 2022, Panasonic Corporation announced to establish a production facility at Wakayama Factory across western Japan to produce innovative '4680' lithium batteries for electric vehicles. The setup is majorly focused on contributing to the rapid adoption of EVs globally and expanding its business across the globe.
Government Investments, Incentives, and Regulations Propel the Global Market Growth
Government policies significantly propel the growth of the electric vehicle market. Different countries are enacting regulations focused on decreasing carbon emissions and motivating the usage and adoption of electric vehicles which further fosters the global electric vehicle components market demand. Financial investments and incentives comprising rebates, tax credits, and exemptions, are compelled to make EVs more fascinating to purchasers. In addition, mandates that compel vehicle manufacturers to manufacture a precise quantity and quality of electric vehicles propel the advancement and increase of demand for electric vehicle components. Furthermore, governments of different countries are significantly investing in electric mobility projects, introducing opportunities for electric vehicle component manufacturers. By providing incentives to consumers and automakers to adopt and produce electric vehicles respectively, governments are propelling the shift. Thereby, the growing requirement for electric vehicles is projected to drive the sales of components including batteries, motors, power inverters, and others.
For instance, in November 2022, the U.S. Energy Department announced a preliminary approval for approximately USD 710 million in loans to electric vehicle technology manufacturing ventures. SK Siltron CSS, a South Korea-based company, is projected to receive USD 544 million to expand a plant across Bay City, Michigan to produce high-power silicon carbide wafers integrated in EVs.
Traction Battery Pack Dominates the Largest Global Electric Vehicle Components Market Share
Traction battery pack dominate the market growth due to the increase in requirement and production of electric vehicles. A traction battery pack is an essential component in an electric vehicle as it is an electrical energy storage system in the form of direct-current electricity and is used to drive the motor. Therefore, an increase in demand for electric vehicles is projected to foster the demand for traction battery pack segment growth. In the global market for electric vehicle components, there is a range of electric car batteries whereas lithium-ion batteries are most widely used in EVs. Key participants in the market are significantly planning to invest in batteries of electric vehicles to offer better driving experience and vehicle safety.
For instance, in January 2024, Altmin Private Ltd. announced an investment of USD 100 million in lithium-ion batteries in India over the next five years to represent a noteworthy advancement in the value chain for electric vehicles in India.
Asia-Pacific Registers the Largest Global Electric Vehicle Components Market Size
Asia-Pacific registers the largest market size in the global market due to emerging countries witnessing increased technological developments, rising integration of components in electric vehicles, surge in manufacturing and production of electric vehicles, and growing customer requirements concerning electric vehicles. In addition, the government of different countries in Asia-Pacific is increasing their funding in different research and development activities with technological advancement in components coupled with increased infrastructure development, which is projected to market expansion to a greater extent in the forecast period. Furthermore, it is projected that China will be a leading player in the global electric vehicle market as there is a significant increase in demand for passenger cars and economic development. Also, companies in the region have been planning to invest to decrease carbon emissions and encourage the adoption of electric vehicle components.
For instance, in May 2024, Mitsubishi Electric Corporation announced a joint venture with Japanese components and systems producer, Aisin Corporation, for electric and hybrid vehicle components and aims to use the scale as an advantage in an increasingly competitive market.
Future Market Scenario (2024 - 2031F)
Increase in production of electric vehicles, and government policies including FAME and FAME II policies, is expected to propel the global electric vehicle components market growth.
Governments of emerging nations are offering monetary incentives for the advancement of innovative technologies coupled with investment in different research and development activities, accelerating the global electric vehicle components market demand.
Collaboration between companies to introduce new and advanced electrical components, boosting the market growth in the forecast period.
Establishment of new manufacturing facilities in emerging countries propel the production and sales of electric vehicle components.
Key Players Landscape and Outlook
Key participants in the electric vehicle components are significantly investing in different research and development activities to expand their portfolio and develop hybrid and electric vehicles. The automakers in emerging countries are taking and investing in advancement practices to offer cost-effective cars. In addition, companies are efficiently adopting different market growth strategies including new product launches, partnerships, collaborations, mergers and acquisitions, and others to expand product portfolios, and gain a competitive edge.
In May 2022, Mahindra & Mahindra Limited announced to strengthen its electric vehicle portfolio and explore partnerships for sourcing more components from other companies.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.