According to a new market research report published by Global Insight Services “ Electric Mobility Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Electric mobility is the movement of people or goods using electrically powered vehicles, such as electric cars, bicycles, and trains. The term is often used in the context of sustainable transportation, as electric vehicles emit no or very low levels of greenhouse gases and air pollution.
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Top Key Players in Electric Mobility market: Tesla Inc., Nissan Motor Corporation, BMW Motorrad, General Motors Company, Honda Motor Company Ltd., BYD Company Ltd.
Key Trends
Increased range and performance: Electric vehicles are becoming more and more capable, with many new models having a range of over 200 miles on a single charge.
Key Drivers
Firstly, electric vehicles (EVs) offer a more sustainable and environmentally friendly option than traditional petrol or diesel cars. EVs produce zero emissions, which helps to improve air quality and reduce greenhouse gas emissions.Secondly, EVs are becoming increasingly affordable as technology improves and battery prices continue to fall. This is making EVs a more attractive option for consumers, especially in light of rising fuel prices.
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Market Segments
The electric mobility market is segmented by product, battery, and region. By product, the market is classified into electric cars, electric motorcycles, and others. Based on the battery, it is bifurcated into sealed lead acid, and Li-ion. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Reasons to buy Electric Mobility Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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