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Electric Vehicle Parts and Components Market Size At Around US$ 508.96 Bn In 2030

The electric vehicle parts and components market would grow at a CAGR of 14.86% over the predicted time frame. The market is expected to increase in value from US$ 168.02 Bn in 2022 to US$ 508.96 Bn in 2030.

Electric Vehicle Parts and Components Market Size 2022 To 2030

The on electric vehicle parts and components Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.

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A recent report provides crucial insights along with application based and forecast information in the Global Electric vehicle parts and components Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Electric vehicle parts and components market.

A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.

Companies and Manufacturers Covered

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Electric vehicle parts and components market are included as given below:

Electric vehicle parts and components Market Key Players

  • Eastman Auto & Power Ltd
  • Sparco Batteries Pvt Ltd
  • Panasonic Corp
  • Amara Raja Batteries
  • Okaya Power Ltd
  • Maruti Suzuki
  • Ashok Layland
  • Bosch Limited
  • Exide Industries Pvt Ltd
  • ABB Group
  • Denso Corporation
  • Avtec Limited
  • Mahindra Electric Mobility Limited
  • Tata Motors Limited
  • SEG Automotive India Private Limited
  • Samsung SDI Co.Ltd
  • LG Chem Ltd
  • OptimunNoNO Energy Co. Ltd
  • Innotek Co. Ltd
  • Mitsubishi Electric Corp
  • Hitachi Ltd
  • Siemens AG
  • Tesla Inc

Market Segments

By Vehicle Type 

  • Passenger Cars
  • Commercial Vehicles

By Propulsion Type

  • Battery Electric Vehicle
  • Plug-in Hybrid Vehicle
  • Fuel Cell Electric Vehicle
  • Hybrid Electric Vehicle

By Component Type

  • Battery Packs
  • DC-DC Converters 
  • Controller & Inverter
  • Motor
  • Onboard Charger
  • Others

By Sale Channel

  • OEM (Original Equipment Manufacturer)
  • Aftermarket

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Report Objectives

  • To define, describe, and forecast the global electric vehicle parts and components market based on product, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
  • To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
  • To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
  • To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the electric vehicle parts and components market

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Electric Vehicle Parts And Components Market 

5.1. COVID-19 Landscape: Electric Vehicle Parts And Components Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Electric Vehicle Parts And Components Market, By Vehicle Type

8.1. Electric Vehicle Parts And Components Market, by Vehicle Type, 2022-2030

8.1.1. Passenger Cars

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Commercial Vehicles

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Electric Vehicle Parts And Components Market, By Propulsion Type

9.1. Electric Vehicle Parts And Components Market, by Propulsion Type, 2022-2030

9.1.1. Commercial Vehicles

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Plug-in Hybrid Vehicle

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Fuel Cell Electric Vehicle

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Hybrid Electric Vehicle

9.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Electric Vehicle Parts And Components Market, By Component Type 

10.1. Electric Vehicle Parts And Components Market, by Component Type, 2022-2030

10.1.1. Battery Packs

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. DC-DC Converters

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Controller & Inverter

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Motor

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Onboard Charger

10.1.5.1. Market Revenue and Forecast (2017-2030)

10.1.6. Others

10.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Electric Vehicle Parts And Components Market, By Sale Channel 

11.1. Electric Vehicle Parts And Components Market, by Sale Channel, 2022-2030

11.1.1. OEM (Original Equipment Manufacturer)

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Aftermarket

11.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Electric Vehicle Parts And Components Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.1.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.1.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.5.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.1.5.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.1.5.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.6.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.1.6.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.1.6.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.2.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.2.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.5.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.2.5.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.2.5.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.6.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.2.6.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.2.6.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.7.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.2.7.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.2.7.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.8.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.2.8.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.2.8.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.3.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.3.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.5.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.3.5.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.3.5.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.6.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.3.6.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.3.6.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.7.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.3.7.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.3.7.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.8.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.3.8.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.3.8.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.4.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.4.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.5.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.4.5.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.4.5.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.6.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.4.6.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.4.6.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.7.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.4.7.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.4.7.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.8.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.4.8.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.4.8.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.5.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.5.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.5.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.5.5.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.5.5.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.6.2. Market Revenue and Forecast, by Propulsion Type (2017-2030)

12.5.6.3. Market Revenue and Forecast, by Component Type (2017-2030)

12.5.6.4. Market Revenue and Forecast, by Sale Channel (2017-2030)

Chapter 13. Company Profiles

13.1. Eastman Auto & Power Ltd

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Sparco Batteries Pvt Ltd

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Panasonic Corp

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Amara Raja Batteries

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Okaya Power Ltd

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Maruti Suzuki

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Ashok Layland

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Bosch Limited

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Exide Industries Pvt Ltd

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. ABB Group

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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