DUBLIN--(BUSINESS WIRE)--The "Electric Vehicles and Fuel Cell Vehicles: Global Markets to 2022" report has been added to Research and Markets' offering.

The Global Market for Electric Vehicle (EV) will Grow from $75.7 Billion in 2017 to Around $127.7 Billion by 2022 with a CAGR of 11.0%

Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022.

After decades of expensive development and false starts, the world is finally ready for EVs. For the purpose of this report, the term electric vehicles includes commercial approaches such as pure battery-powered, plug-in hybrid, hybrid internal combustion/battery, range extended, and FCVs, as well as vehicles powered by developmental power sources such as supercapacitors and flywheel. In addition to cars and trucks, this report considers motorcycles, scooters, buses, neighborhood EVs, self-driving carts, military vehicles, and locomotives.

This report details actual figures for 2013 and 2016 and compound annual growth rate (CAGR) projections for 2017 through 2022 for the global and four regional markets. Power source sales and values are provided under consensus, optimistic and pessimistic scenarios. A patent analysis and discussion of power sources and vehicle components describes the areas in which research is being performed and emphasizes intellectual property issues.

Note that values are expressed in million dollars and shipments are expressed in 1,000 vehicles. In both cases, totals are rounded to the nearest integer (i.e., less than $500,000 is expressed as 0.)

Values are based on the equivalent of wholesale, or the price charged to the retailer prior to mark-up. However, advanced EVs are sold at a price below actual manufacturing cost. This may be due to regulatory compliance or the desire to establish a market before economics of scale kicks in. The cost to consumers may be reduced considerably when government subsidies or possible tax breaks are added to the dealer price.

As Defined by for this Report, EVs and FCVs Include the Following:

  • HEVs.
  • PHEVs.
  • EVs (pure EVs).

Specific types of vehicles using these batteries include:

  • Passenger vehicles (sedans, microcars, SUVs, crossover SUVs, pickup trucks, sports cars).
  • Low-velocity vehicles (golf carts, neighborhood EVs, personal mobility devices).
  • Scooters (two-wheelers, motorcycles, some three-wheelers).
  • Buses.
  • Commercial/industrial vehicles (material handling equipment, burden carriers, forklifts, trucks).
  • Niche vehicles (self-driving vehicles, military equipment, locomotives).

This report defines the market sectors, identifies leading companies and analyzes the markets to provide a five-year market forecast. Finally, the company profiles section provides the status of and recent events for companies making power sources.

Key Topics Covered:

1: Introduction

2: Summary And Highlights

3: Market And Technology Background

4: Market Breakdown By Vehicles

5: Market Breakdown By Power Source

6: Market Breakdown By Configuration

7: Market Breakdown By Region

8: Vehicle Market Summary

9: Company Profiles

10: Appendix: Selected Electric Vehicle Power Source Companies

For more information about this report visit https://www.researchandmarkets.com/research/xmts25/the_global_market?w=4

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Related Topics: Fuel Cells, Electric and Hybrid Vehicles