Global US Electric Vehicle Market size was valued at USD 17.54 Bn in 2021 and the total revenue is expected to grow at 37.1 % through 2022 to 2029, US Electric Vehicle Market is reaching nearly USD 219.05 Bn by 2029.

US Electric Vehicle Market Overview

The industry overview gives thorough details about the size of the Market all the Market dynamics including strategies, Market revenue, pricing analysis, micro and macro Market trends and scenarios & Industry benchmarks. Region wise Market opportunities & barriers are also studied in detail.

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US Electric Vehicle Market Report Scope and Research Methodology

The US Electric Vehicle Market report includes the comprehensive analysis of the industry in a simple language. A detailed analysis of US Electric Vehicle Market dynamics has been included in the report. The past, present and the expected trends in the forecast period has also been provided in the report. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the US Electric Vehicle Market. Detailed analysis of external & internal factors impacting the Market is covered through PESTEL & PORTER analysis.

Dedicated study of the rivalry in the industry is covered, which includes Market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Market engineering and calculations for Market statistics; Market size estimations, Market forecasts, Market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Market size, the bottom-up approach was used.

US Electric Vehicle Market Regional Insights

The regional analytics cover North America, South America, Asia Pacific, Europe & Middle East and Africa. The report includes a detailed explanation of Market size, Market drivers, barriers, CAGR, and import and export in all the regions.

Market Segmentation

The market is divided into three types: BEV, PHEV, and HEV. The BEV category had the biggest revenue share of about 75% in 2020, and it is anticipated that this dominance would persist throughout the forecast period. The high revenue share is partially attributable to end consumers' growing environmental consciousness and the advantages of BEVs. The PHEV segment is anticipated to have revenue growth between 2021 and 2028 at a CAGR of more than 40%. Government initiatives to encourage the use of electric vehicles in the US and Canada can be blamed for this rise. PHEVs are more likely to be offered by larger automotive markets, such those for electric trucks and buses.The expanding transport and logistics sector is anticipated to have divided expansion during the predicted period. Additionally, businesses are focusing their efforts on increasing sales of plug-in electric vehicles, including the Volkswagen Group. The company recorded a 60.0% increase in plug-in electric car sales over the prior year in January 2020.

Market Key Players

• BMW
• Mercedes Benz
• Bollinger
• Bollore
• Microlino
• Mistubishi
• Nissan
• Tesla
• Volkswagen.
• Alstom‎
• PSA Group‎
• General Motors
• Lucid Motors
• Rivian Vehicles
• National Motor Vehicle Company
• Nikola Corporation

Key questions answered in the Market are:

  • What is US Electric Vehicle?
  • What are the global trends in the Market?
  • What was the Total Market size in 2022?
  • What is expected Market size by 2029?
  • Who held the largest Market share in Market?
  • Who are the leading companies and what are their portfolios in Market?
  • What are the major challenges that the Industry could face in the future?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis

About Maximize Market Research:

Maximize Market Research is a multifaceted Market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide Market-verified industry estimations, technical trend analysis, crucial Market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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