The most common type of vehicles found on the road, the passenger cars segment is projected to gain nearly 3400 basis points between 2017 and 2025, expanding at a CAGR of 90.7% over the forecast period. The passenger cars segment is expected to create total incremental $ opportunity worth US$ 7,255,686 ('000) between 2017 and 2025. This segment is expected to dominate the India electric vehicles market, with more than 40% market revenue share in 2017. The segment is expected to increase by 174X in terms of value, and is predicted to be the most attractive segment in the India electric vehicles market during the forecast period.
Albany, NY -- (SBWIRE) -- 03/02/2019 -- The research study titled Electric Vehicle Market: India Industry Analysis (2012-2016) and Forecast (2017-2025) uncovers each and every aspect of the market, with the help of a robust research platform. It reveals several macroeconomic factors, SWOT analysis, regulatory aspects, and other angles which govern the dynamics of the market influencing its growth. These traits help in devising an accurate marketing strategy or entry tactic, simultaneously dealing with the unforeseen events present within the market scenario.
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Market Segmentation
By Technology
Hybrid Electric Vehicle
Plug-In Hybrid Electric Vehicle
Battery Electric Vehicle
By Power Source
Stored Electricity
On-Board Electric
Generator
By Vehicle Type
Two Wheelers
Passenger Cars
Commercial Vehicles
Others (Golf Carts, etc.)
By Powertrain
Series Hybrid
Parallel Hybrid
Combined Hybrid
This Market Research adopts a strong research methodology to collect and analyse data
A unique research methodology is applied to gather the necessary market data. Secondary research followed by primary research and key opinions from domain experts, market observers and other external sources is carried out. The initial secondary research is initiated which is extensive in nature and covers all the angles of the India electric vehicle market following which a primary research is carried out to deep dive even further. Simultaneously, market observers and domain experts that have completely unbiased opinion about the market, are consulted either via face to face interview or via telephonic interview, and key aspects and data points are stacked which are re-examined in the next primary interviews. This implies that each key aspect or statistic or number is cross checked, re-verified, evaluated, analysed and validated over the course of the entire research. As every conversation gives a more or less different view, the statistics and data undergo a triangulation process to arrive at a certain number. This data point reflects maximum accuracy which fuels the credibility of the information provided in the India electric vehicle market report.
The research report on India electric vehicle market includes a separate dedicated section which covers competitive landscape. This includes information on the key players dealing with electric vehicles. The competitive analyses on these key players reflects a detailed knowhow on their current scenario, their geographical spread, their expansion plans, the new strategies they have come up with, new developments in their products as well as innovation to enhance their product portfolio, mergers and acquisitions as an expansion strategy, marketing strategies, market share, revenue, company strength, strategic alliances, etc. This can give the reader a broad idea of the happening events in the market, initiated by these players which the help of which new plans or tactics can be developed and implemented.
Research report highlights
Unbiased, holistic view of the market covering India electric vehicle market
Detailed segmental analysis giving justice to the readers investment
Trends, developments, restraints, drivers, challenges, opportunities etc., mentioned in the report uncovering all loopholes present in the market
In-depth analysis with actionable intelligence which can serve the readers purpose by assisting him/her in planning and executing tactics
Unmatched accuracy owing to a one-of-its-kind research approach
Competitive scenario explaining present market conditions and how key players are making moves along those dynamics
Accurate market forecasts based on past and present market assessment
Recommendations based on the analyses covered by research experts
Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/india-market-study-on-electric-vehicles-passenger-cars-to-zoom-ahead-of-two-wheelers-and-commercial-vehicles-in-terms-of-revenue-share-report.html/toc
India Electric Vehicle Market: Key Players
Mahindra & Mahindra Ltd., MARUTI SUZUKI INDIA LIMITED, Toyota Motor Corporation, AB Volvo, Tata Motors, Ashok Leyland, Hero Electric Vehicles Private Limited, Honda Motor Co., Ltd., Bayerische Motoren Werke AG, Avon Cycles Ltd, Lohia Auto Industries, Electrotherm (India) Ltd, Yamaha Golf-Car Company, Club Car, LLC, Speedways Electric, Maini Material Movement Pvt. Ltd., Auto Power, Carrieall Car Private Limited, Ampere Vehicles Pvt. Ltd. and Tunwal E-Vehicle India Pvt. Ltd. are some of the key players operating in the India electric vehicles market.
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