The global Electric Vehicle (EV) ecosystem market size is expected to reach USD 832.14 Billion in 2028 and register a revenue CAGR of 17.7% over the forecast period, according to the latest report by Emergen Research. Increasing Greenhouse gas (GHG) emissions from large transportation vehicles, rising demand for low emission vehicles, and increasing number of leading vehicle manufacturers focusing on the shifting trend towards EV are some key factors driving market revenue growth.

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 Key Players operating in the industry are:

Tesla Inc., BYD Company Motors, Volkswagen AG, BMW Group, Nissan Motors, Toyota Motors Corporation, Daimler AG, and Ford Motor Company, SAIC Motor, Hyundai Group

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Segmentation:

  • Component Outlook (Revenue, USD Billion; 2018–2028)

    • Motor
    • Reducer
    • Battery
    • Power Control Unit
    • Air Compressor
    • Others

  • Vehicle Class Type Outlook (Revenue, USD Billion; 2018–2028)

    • Mid-Priced
    • Luxury

  • Battery Type Outlook (Revenue, USD Billion; 2018–2028)

    • Battery Electric Vehicle (BEV)
    • Hybrid Electric Vehicle (HEV)
    • Plug-in Hybrid Electric Vehicle (PHEV)

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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