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Electric Vehicle (EV) Market in the US to Grow at a CAGR of 24.02% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Electric Vehicle (EV) Market in the US 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 05/12/2015 -- Report forecast the EV market in the US to grow at a CAGR of 24.02% over the period 2014-2019.

An EV is an automobile powered either by batteries or other energy storage devices. These vehicles offer the advantages of being environmentally friendly and energy efficient. US is considered to be one of the major consumers of EVs. Owing to rising environmental concerns and increasing greenhouse gas emissions, various state governments in the US are providing incentives for the adoption of EVs.

This report covers the present scenario and the growth prospects of the EV market in the US for the period 2015-2019. To calculate the market size, the report considers the unit sales of plug-in electric vehicles (PEV) in the US. The EV market can be segmented primarily into two, namely, hybrid EVs and PEVs. This report only considers the two segments of PEVs mentioned below:

- All-electric/Battery Electric Vehicle (BEV)
- Plug-in Hybrid Electric Vehicle (PHEV)

According to the report, both consumers and the government are concerned about the environment and this has resulted in increased demand for EVs in the US. Stringent emission norms to control and reduce carbon emissions have also increased.

EV Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the EV market landscape in the US and its growth prospects in the coming years. The report presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the market. The report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key players in Electric Vehicle (EV) Market in the US 2015-2019: Ford Motor, General Motors, Nissan Motor, Tesla Motor and Toyota Motor

Other Prominent Vendors in the market are: American Honda Motor, BMW North America, CODA Automotive, Fiat Chrysler Automobiles, GGT Electric, Global Electric Motorcars, Mercedes-Benz USA, Mitsubishi North America, Myers Motors, Phoenix Motorcars, Porsche Cars North America, THINK North America, Volkswagen Group of America and ZAP Jonway

Market Driver
- Growing environmental concerns
- For a full, detailed list, view our report

Market Challenge
- Customer perception regarding EVs
- For a full, detailed list, view our report

Market Trend
- Improvements in charging infrastructure
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 85 pages, "Electric Vehicle (EV) Market in the US 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Type, Federal Incentives for Promotion of EVs, Key Markets for EVs in US, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit-

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