Middle East and Africa Electric Vehicle Market In-Depth Industry Analysis on Size, Cost Structure and Prominent Key Players Analysis and Forecast: 2022-2028
Middle
East and Africa Electric Vehicle Market
By Component Battery Cells & Packs, On-Board Charger, Infotainment System,
Others), {(Propulsion Type (Plug-In Hybrid Electric Vehicles (PHEVs), Battery
Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), and Fuel Cell
Electric Vehicles (FCEVs)}, Charging Station Type (Normal Charging, Super
Charging), Class (Mid-Priced, Luxury), Power Train (Parallel Hybrid, Series
Hybrid, Combined Hybrid), Vehicle Type (Passenger Cars, Two Wheelers,
Commercial Vehicles), Country (Saudi Arabia, U.A.E, Egypt, Israel South Africa,
Rest of Middle East and Africa), Market Trends and Forecast to 2028. This
electric vehicle market report provides details of market share, new
developments, and product pipeline analysis, impact of domestic and localised
market players, analyses opportunities in terms of emerging revenue pockets,
changes in market regulations, product approvals, strategic decisions, product
launches, geographic expansions, and technological innovations in the market.
To understand the analysis and the market scenario contact us for an Analyst
Brief, our team will help you create a revenue impact solution to achieve your
desired goal.
Electric vehicle offers various benefits
over conventional fuel based vehicles such as low operational cost, zero carbon
emission and others as they source energy from electricity. Consumer’s changed
attitude towards electric vehicles is augmenting the market growth as they are
more concerned over environmental pollution. Increased number of vehicle
consumption from U.A.E. as well as increased investment in by automaker for
gulf region is driving the growth of market. For instance, General Motors will
be introducing new product line in U.A.E as they registered sale of 100 of Bolt
electric vehicle since 2020. The high per capita income opens a huge
opportunity for luxurious electric vehicle segment. For instance, in 2020, GDP
of U.A.E was USD 43,000 while for Kuwait it was USD 34,244 which is much
preferable for electric vehicles market to offer high priced electric vehicle.
Favourable policies by government for electric vehicles adoption under
2020 carbon emissions reduction target will further create new opportunities
that will impact this electric vehicle market growth in
the forecast period to 2028.
Middle East and Africa
Electric vehicle market is
expected to gain market growth in the forecast period of 2020 to 2028. Data
Bridge Market Research analyses that the market is growing with an excellent
CAGR of 21.5% in the forecast period of 2022 to 2028 and expected to reach USD
80,611.92 million by 2028 from USD 17,131.98 million in 2021. Gulf countries
initiatives to promote electric vehicles and strong investment from the vehicle
manufacturer are the factors for the market growth Increased number of vehicle
consumption from U.A.E. as well as increased investment in by automaker for
gulf region is driving the growth of market.
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Middle
East and Africa Electric vehicle Market Scope and Market Size:
Based on
component, the market is segmented into battery cells & packs, on-board
charger, infotainment system and others. Battery is important factor in
electric vehicle as it is main source of energy which defines the performance
of electric vehicle. The rising demand of environmental friendly vehicle fleet
has tremendously increased the production of battery cell and packs.
Owing to this factor major battery manufacturers such as Panasonic and LG Gem
have taken initiatives to expand their manufacturing plant that help them to
accelerate production of electric cars in the Middle East region. It has been
observed that battery technology company named as Saft has planned to bring its
Flex’ion li-ion battery systems for Middle East and Africa. The
utilization of such battery also contributes in overall reduction in the weight
of electric vehicle.
Market Competitors:
The major players covered in
the report are TOYOTA MOTOR CORPORATION, Nissan Motor Co., LTD., Volkswagen AG,
Ford Motor Company, Groupe PSA, among other players in Middle East and Africa.
DBMR analysts understand competitive strengths and provide competitive analysis
for each competitor separately.
Key Pointers Covered in
the Middle East and Africa Electric vehicle Market:
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Market Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market
Competitors
Market Upcoming Applications
Market Innovators Study
MAJOR
TOC OF THE REPORT:
Chapter One: Middle East and Africa
Electric Vehicle Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Middle East and
Africa Electric Vehicle Market Competition, by Players
Chapter Four: Middle East and Africa
Electric Vehicle Market Size by Regions
Chapter Five: Middle East and Africa
Electric Vehicle Market Revenue by Countries
Chapter Six: Middle East and Africa
Electric Vehicle Market Revenue by Type
Chapter Seven: Middle East and Africa
Electric Vehicle Market Revenue by Application
Chapter Eight: Middle East and Africa
Electric Vehicle Market Revenue by Industries
Chapter Nine: Middle East and Africa
Electric Vehicle Market Revenue by Deployment Model
Chapter Ten: Middle East and Africa
Electric Vehicle Market Revenue by End User
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Table of Content on Request @ https://www.databridgemarketresearch.com/toc/?dbmr=middle-east-and-africa-electric-vehicle-market
Reasons
for Buying this Middle East and Africa Electric Vehicle Market Report:
Laser Capture Middle East and Africa
Electric vehicle Market report aids in understanding the crucial product
segments and their perspective.
Initial graphics and exemplified that a
SWOT evaluation of large sections supplied from the Laser Capture Middle East
and Africa Electric vehicle Market industry.
Even the Laser Capture Middle East and
Africa Electric vehicle Market economy provides pin line evaluation of changing
competition dynamics and retains you facing opponents.
This report provides a more rapid
standpoint on various driving facets or controlling Medical Robotic System
promote advantage.
This worldwide Locomotive report
provides a pinpoint test for shifting dynamics that are competitive.
The
key questions answered in this report:
What will be the Market Size and Growth
Rate in the forecast year?
What is the Key Factors driving Laser
Capture Middle East and Africa Electric vehicle Market?
What are the Risks and Challenges in
front of the market?
Who are the Key Vendors in Middle East
and Africa Electric vehicle Market?
What are the Trending Factors
influencing the market shares?
What is the Key Outcomes of Porter’s
five forces model?
Which are the Global Opportunities for
expanding the Middle East and Africa Electric vehicle Market?
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