Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the EV and PHEV market was valued at US$ 299,974.2 million in 2022 and is projected to reach US$ 1,565,870.4 million by 2029, at a CAGR of 25.64% during the forecast period (2023-2029)
The US & Canada market for EV and PHEV is estimated to increase from $ 65,003.8 million in 2023 to reach $ 307,080.5 million by 2029, at a CAGR of 29.53% during the forecast period of 2023 through 2029.
The China market for EV and PHEV is estimated to increase from $ 204,590 million in 2023 to reach $ 605,351.7 million by 2029, at a CAGR of 19.82% during the forecast period of 2023 through 2029.
The Europe market for EV and PHEV is estimated to increase from $ 109,725.5 million in 2023 to reach $ 489,522.5 million by 2029, at a CAGR of 28.31% during the forecast period of 2023 through 2029.
The global key manufacturers of EV and PHEV include Tesla, BYD, Volkswagen, BMW, Mercedes-Benz, Stellantis, SAIC, VOLVO, and Hyundai & Kia, etc. In 2022, the global top five players had a share approximately 58.21% in terms of revenue.
In terms of production side, this report researches the EV and PHEV production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
In terms of consumption side, this report focuses on the sales of EV and PHEV by region (region level and country level), by company, by Type and by Application. from 2018 to 2023 and forecast to 2029.
Report Includes:
This report presents an overview of global market for EV and PHEV, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of EV and PHEV, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for EV and PHEV, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the EV and PHEV sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global EV and PHEV market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2018 to 2029. Evaluation and forecast the market size for EV and PHEV sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Tesla, BYD, Volkswagen, BMW, Mercedes-Benz, Stellantis, SAIC, VOLVO, and Hyundai & Kia, etc.
By Company
- Tesla
- BYD
- Volkswagen
- BMW
- Mercedes-Benz
- Stellantis
- SAIC
- VOLVO
- Hyundai & Kia
- Renault
- GEELY
- GAC Motor
- NIO
- ONE
- Ford
- XPeng
- Chery
- JAC
- NETA Auto
- TOYOTA
- Leapmotor
- Great Wall Motors
- Nissan
Segment by Type
Segment by Application
Production by Region
- North America
- Europe
- China
- Japan
- South Korea
Sales by Region
China
Asia (excluding China)
- Japan
- South Korea
- Southeast Asia
- India
- Australia
Europe
- Germany
- France
- U.K.
- Norway
- RSweden
Middle East, Africa, Latin America
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: EV and PHEV production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of EV and PHEV in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of EV and PHEV manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, EV and PHEV sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.
Table of Contents
1 Study Coverage
- 1.1 EV and PHEV Product Introduction
- 1.2 Market by Type
- 1.2.1 Global EV and PHEV Market Size by Type, 2018 VS 2022 VS 2029
- 1.2.2 BEV
- 1.2.3 PHEV
- 1.3 Market by Application
- 1.3.1 Global EV and PHEV Market Size by Application, 2018 VS 2022 VS 2029
- 1.3.2 Home Use
- 1.3.3 Commercial Use
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Global EV and PHEV Production
- 2.1 Global EV and PHEV Production Capacity (2018-2029)
- 2.2 Global EV and PHEV Production by Region: 2018 VS 2022 VS 2029, Based on Production Site
- 2.3 Global EV and PHEV Production by Region
- 2.3.1 Global EV and PHEV Historic Production by Region (2018-2023)
- 2.3.2 Global EV and PHEV Forecasted Production by Region (2024-2029)
- 2.3.3 Global EV and PHEV Production Market Share by Region (2018-2029)
- 2.4 North America
- 2.5 Europe
- 2.6 China
- 2.7 Japan
- 2.8 South Korea
3 Executive Summary
- 3.1 Global EV and PHEV Revenue Estimates and Forecasts 2018-2029
- 3.2 Global EV and PHEV Revenue by Region
- 3.2.1 Global EV and PHEV Revenue by Region: 2018 VS 2022 VS 2029
- 3.2.2 Global EV and PHEV Revenue by Region (2018-2023)
- 3.2.3 Global EV and PHEV Revenue by Region (2024-2029)
- 3.2.4 Global EV and PHEV Revenue Market Share by Region (2018-2029)
- 3.3 Global EV and PHEV Sales Estimates and Forecasts 2018-2029
- 3.4 Global EV and PHEV Sales by Region
- 3.4.1 Global EV and PHEV Sales by Region: 2018 VS 2022 VS 2029
- 3.4.2 Global EV and PHEV Sales by Region (2018-2023)
- 3.4.3 Global Sales EV and PHEV by Region (2024-2029)
- 3.4.4 Global EV and PHEV Sales Market Share by Region (2018-2029)
- 3.5 US & Canada
- 3.6 Europe
- 3.7 China
- 3.8 Asia (excluding China)
- 3.9 Middle East, Africa and Latin America
4 Competition by Manufacturers
- 4.1 Global EV and PHEV Sales by Manufacturers
- 4.1.1 Global EV and PHEV Sales by Manufacturers (2019-2022)
- 4.1.2 Global EV and PHEV Sales Market Share by Manufacturers (2019-2022)
- 4.2 Global EV and PHEV Revenue by Manufacturers
- 4.2.1 Global EV and PHEV Revenue by Manufacturers (2019-2022)
- 4.2.2 Global EV and PHEV Revenue Market Share by Manufacturers (2019-2022)
- 4.2.3 Global Top 10 and Top 5 Companies by EV and PHEV Revenue in 2022
- 4.3 Global EV and PHEV Sales Price by Manufacturers (2019-2022)
- 4.4 Global Key Players of EV and PHEV, Industry Ranking, 2021 VS 2022
- 4.5 Analysis of Competitive Landscape
- 4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 4.5.2 Global EV and PHEV Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 4.6 Global Key Manufacturers of EV and PHEV, Manufacturing Base Distribution and Headquarters
- 4.7 Global Key Manufacturers of EV and PHEV, Founded Date
- 4.8 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
- 5.1 Global EV and PHEV Sales by Type
- 5.1.1 Global EV and PHEV Historical Sales by Type (2018-2023)
- 5.1.2 Global EV and PHEV Forecasted Sales by Type (2024-2029)
- 5.1.3 Global EV and PHEV Sales Market Share by Type (2018-2029)
- 5.2 Global EV and PHEV Revenue by Type
- 5.2.1 Global EV and PHEV Historical Revenue by Type (2018-2023)
- 5.2.2 Global EV and PHEV Forecasted Revenue by Type (2024-2029)
- 5.2.3 Global EV and PHEV Revenue Market Share by Type (2018-2029)
- 5.3 Global EV and PHEV Price by Type
- 5.3.1 Global EV and PHEV Price by Type (2018-2023)
- 5.3.2 Global EV and PHEV Price Forecast by Type (2024-2029)
6 Market Size by Application
- 6.1 Global EV and PHEV Sales by Application
- 6.1.1 Global EV and PHEV Historical Sales by Application (2018-2023)
- 6.1.2 Global EV and PHEV Forecasted Sales by Application (2024-2029)
- 6.1.3 Global EV and PHEV Sales Market Share by Application (2018-2029)
- 6.2 Global EV and PHEV Revenue by Application
- 6.2.1 Global EV and PHEV Historical Revenue by Application (2018-2023)
- 6.2.2 Global EV and PHEV Forecasted Revenue by Application (2024-2029)
- 6.2.3 Global EV and PHEV Revenue Market Share by Application (2018-2029)
- 6.3 Global EV and PHEV Price by Application
- 6.3.1 Global EV and PHEV Price by Application (2018-2023)
- 6.3.2 Global EV and PHEV Price Forecast by Application (2024-2029)
7 US & Canada
- 7.1 US & Canada EV and PHEV Market Size by Type
- 7.1.1 US & Canada EV and PHEV Sales by Type (2018-2029)
- 7.1.2 US & Canada EV and PHEV Revenue by Type (2018-2029)
- 7.2 US & Canada EV and PHEV Market Size by Application
- 7.2.1 US & Canada EV and PHEV Sales by Application (2018-2029)
- 7.2.2 US & Canada EV and PHEV Revenue by Application (2018-2029)
- 7.3 US & Canada EV and PHEV Market Size by Country
- 7.3.1 US & Canada EV and PHEV Revenue by Country: 2018 VS 2022 VS 2029
- 7.3.2 US & Canada EV and PHEV Revenue by Country (2018-2029)
- 7.3.3 US & Canada EV and PHEV Sales by Country (2018-2029)
- 7.3.4 US
- 7.3.5 Canada
8 Europe
- 8.1 Europe EV and PHEV Market Size by Type
- 8.1.1 Europe EV and PHEV Sales by Type (2018-2029)
- 8.1.2 Europe EV and PHEV Revenue by Type (2018-2029)
- 8.2 Europe EV and PHEV Market Size by Application
- 8.2.1 Europe EV and PHEV Sales by Application (2018-2029)
- 8.2.2 Europe EV and PHEV Revenue by Application (2018-2029)
- 8.3 Europe EV and PHEV Market Size by Country
- 8.3.1 Europe EV and PHEV Revenue by Country: 2018 VS 2022 VS 2029
- 8.3.2 Europe EV and PHEV Sales by Country (2018-2029)
- 8.3.3 Europe EV and PHEV Revenue by Country (2018-2029)
- 8.3.4 Germany
- 8.3.5 France
- 8.3.6 U.K.
- 8.3.7 Norway
- 8.3.8 Sweden
9 China
- 9.1 China EV and PHEV Market Size by Type
- 9.1.1 China EV and PHEV Sales by Type (2018-2029)
- 9.1.2 China EV and PHEV Revenue by Type (2018-2029)
- 9.2 China EV and PHEV Market Size by Application
- 9.2.1 China EV and PHEV Sales by Application (2018-2029)
- 9.2.2 China EV and PHEV Revenue by Application (2018-2029)
10 Asia (excluding China)
- 10.1 Asia EV and PHEV Market Size by Type
- 10.1.1 Asia EV and PHEV Sales by Type (2018-2029)
- 10.1.2 Asia EV and PHEV Revenue by Type (2018-2029)
- 10.2 Asia EV and PHEV Market Size by Application
- 10.2.1 Asia EV and PHEV Sales by Application (2018-2029)
- 10.2.2 Asia EV and PHEV Revenue by Application (2018-2029)
- 10.3 Asia EV and PHEV Market Size by Region
- 10.3.1 Asia EV and PHEV Revenue by Region: 2018 VS 2022 VS 2029
- 10.3.2 Asia EV and PHEV Revenue by Region (2018-2029)
- 10.3.3 Asia EV and PHEV Sales by Region (2018-2029)
- 10.3.4 Japan
- 10.3.5 South Korea
- 10.3.6 Australia
- 10.3.7 Southeast Asia
- 10.3.8 India
11 Middle East, Africa and Latin America
- 11.1 Middle East, Africa and Latin America EV and PHEV Market Size by Type
- 11.1.1 Middle East, Africa and Latin America EV and PHEV Sales by Type (2018-2029)
- 11.1.2 Middle East, Africa and Latin America EV and PHEV Revenue by Type (2018-2029)
- 11.2 Middle East, Africa and Latin America EV and PHEV Market Size by Application
- 11.2.1 Middle East, Africa and Latin America EV and PHEV Sales by Application (2018-2029)
- 11.2.2 Middle East, Africa and Latin America EV and PHEV Revenue by Application (2018-2029)
- 11.3 Middle East, Africa and Latin America EV and PHEV Market Size by Country
- 11.3.1 Middle East, Africa and Latin America EV and PHEV Revenue by Country: 2018 VS 2022 VS 2029
- 11.3.2 Middle East, Africa and Latin America EV and PHEV Revenue by Country (2018-2029)
- 11.3.3 Middle East, Africa and Latin America EV and PHEV Sales by Country (2018-2029)
- 11.3.4 Brazil
- 11.3.5 Mexico
- 11.3.6 Turkey
12 Corporate Profile
- 12.1 Tesla
- 12.1.1 Tesla Corporation Information
- 12.1.2 Tesla Overview
- 12.1.3 Tesla EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.1.4 Tesla EV and PHEV Product Picture
- 12.2 BYD
- 12.2.1 BYD Corporation Information
- 12.2.2 BYD Overview
- 12.2.3 BYD EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.2.4 BYD EV and PHEV Product Picture
- 12.3 Volkswagen
- 12.3.1 Volkswagen Corporation Information
- 12.3.2 Volkswagen Overview
- 12.3.3 Volkswagen EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.3.4 Volkswagen EV and PHEV Product Picture
- 12.4 BMW
- 12.4.1 BMW Corporation Information
- 12.4.2 BMW Overview
- 12.4.3 BMW EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.4.4 BMW EV and PHEV Product Picture
- 12.5 Mercedes-Benz
- 12.5.1 Mercedes-Benz Corporation Information
- 12.5.2 Mercedes-Benz Overview
- 12.5.3 Mercedes-Benz EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.5.4 Mercedes-Benz EV and PHEV Product Picture
- 12.6 Stellantis
- 12.6.1 Stellantis Corporation Information
- 12.6.2 Stellantis Overview
- 12.6.3 Stellantis EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.6.4 Stellantis EV and PHEV Product Picture
- 12.7 SAIC
- 12.7.1 SAIC Corporation Information
- 12.7.2 SAIC Overview
- 12.7.3 SAIC EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.7.4 SAIC EV and PHEV Product Picture
- 12.8 VOLVO
- 12.8.1 VOLVO Corporation Information
- 12.8.2 VOLVO Overview
- 12.8.3 VOLVO EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.8.4 VOLVO EV and PHEV Product Picture
- 12.9 Hyundai & Kia
- 12.9.1 Hyundai & Kia Corporation Information
- 12.9.2 Hyundai & Kia Overview
- 12.9.3 Hyundai & Kia EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.9.4 Hyundai & Kia EV and PHEV Product Picture
- 12.10 Renault
- 12.10.1 Renault Corporation Information
- 12.10.2 Renault Overview
- 12.10.3 Renault EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.10.4 Renault EV and PHEV Product Picture
- 12.11 GEELY
- 12.11.1 GEELY Corporation Information
- 12.11.2 GEELY Overview
- 12.11.3 GEELY EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.11.4 GEELY EV and PHEV Product Picture
- 12.12 GAC Motor
- 12.12.1 GAC Motor Corporation Information
- 12.12.2 GAC Motor Overview
- 12.12.3 GAC Motor EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.12.4 GAC Motor EV and PHEV Product Picture
- 12.13 NIO
- 12.13.1 NIO Corporation Information
- 12.13.2 NIO Overview
- 12.13.3 NIO EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.13.4 NIO EV and PHEV Product Picture
- 12.14 ONE
- 12.14.1 ONE Corporation Information
- 12.14.2 ONE Overview
- 12.14.3 ONE EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.14.4 ONE EV and PHEV Product Picture
- 12.15 Ford
- 12.15.1 Ford Corporation Information
- 12.15.2 Ford Overview
- 12.15.3 Ford EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.15.4 Ford EV and PHEV Product Picture
- 12.16 XPeng
- 12.16.1 XPeng Corporation Information
- 12.16.2 XPeng Overview
- 12.16.3 XPeng EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.16.4 XPeng EV and PHEV Product Picture
- 12.17 Chery
- 12.17.1 Chery Corporation Information
- 12.17.2 Chery Overview
- 12.17.3 Chery EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.17.4 Chery EV and PHEV Product Picture
- 12.18 JAC
- 12.18.1 JAC Corporation Information
- 12.18.2 JAC Overview
- 12.18.3 JAC EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.18.4 JAC EV and PHEV Product Picture
- 12.19 NETA Auto
- 12.19.1 NETA Auto Corporation Information
- 12.19.2 NETA Auto Overview
- 12.19.3 NETA Auto EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.19.4 NETA Auto EV and PHEV Product Picture
- 12.20 TOYOTA
- 12.20.1 TOYOTA Corporation Information
- 12.20.2 TOYOTA Overview
- 12.20.3 TOYOTA EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.20.4 TOYOTA EV and PHEV Product Picture
- 12.21 Leapmotor
- 12.21.1 Leapmotor Corporation Information
- 12.21.2 Leapmotor Overview
- 12.21.3 Leapmotor EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.21.4 Leapmotor EV and PHEV Product Picture
- 12.22 Great Wall Motors
- 12.22.1 Great Wall Motors Corporation Information
- 12.22.2 Great Wall Motors Overview
- 12.22.3 Great Wall Motors EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.22.4 Great Wall Motors EV and PHEV Product Picture
- 12.23 Nissan
- 12.23.1 Nissan Corporation Information
- 12.23.2 Nissan Overview
- 12.23.3 Nissan EV and PHEV Sales, Price, Revenue and Gross Margin (2019-2022)
- 12.23.4 Nissan EV and PHEV Product Picture
13 Industry Chain and Sales Channels Analysis
- 13.1 EV and PHEV Industry Chain Analysis
- 13.2 EV and PHEV Key Raw Materials
- 13.2.1 Key Components
- 13.2.2 Raw Materials Key Suppliers
- 13.3 EV and PHEV Manufacturing Cost Structure Analysis
- 13.4 EV and PHEV Sales and Marketing
- 13.4.1 EV and PHEV Sales Channels
- 13.4.2 EV and PHEV Distributors
- 13.5 EV and PHEV Customers
14 EV and PHEV Market Dynamics
- 14.1.1 EV and PHEV Industry Trends
- 14.1.2 EV and PHEV Market Drivers
- 14.1.3 EV and PHEV Market Challenges
- 14.1.4 EV and PHEV Market Restraints
15 Key Findings in the Global EV and PHEV Study
16 Appendix
- 16.1 Research Methodology
- 16.1.1 Methodology/Research Approach
- 16.1.2 Data Source
- 16.2 Author Details
- 16.3 Disclaimer