市場調查報告書
商品編碼
1525471
全球電動汽車零件市場評估:依車輛類型、零件類型、通路、地區、機會、預測(2017-2031)Electric Vehicle Component Market Assessment, By Vehicle Type, By Component Type, By Distribution Channel, By Region, Opportunities and Forecast, 2017-2031F |
全球電動車零件市場規模預計將從 2023 年的 1,549 億美元增至 2031 年的 7,647 億美元,2024-2031 年預測期間複合年增長率為 22.09%。近年來,由於電動車產量的增加、電動車充電平台的進步、零碳排放意識的增強以及政府對增加充電站的投資激增,該市場呈現成長勢頭,預計未來幾年將保持強勁。仍將持續。電動車銷量的增加和電動車快速充電基礎設施的進步將在預測期內顯著推動全球電動車零件市場的需求。該國的經濟成長是由電動車充電零件市場佔有率不斷增加所推動的,這很大程度上得益於電動車的廣泛採用。這一趨勢是由成本效率和環境效益(例如減少噪音污染和零排放)所推動的。電動汽車零件市場的成長在預測期內呈現顯著成長。
此外,為推進新技術而不斷增加的政府資助和各地區的零件研究正在推動全球電動車零件市場規模的擴大。此外,透過利用先進技術建造高效的新充電站來加強基礎設施的努力將支持電動車充電組件市場在預測期內的擴張。汽車行業的汽車製造商預計將從其他國家採購零件,以滿足對電動車日益增長的需求。
例如,2023年11月,Tesla, Inc.宣佈將從印度進口的價值19億美元的零件增加一倍。Commerce and Industry Minister of India表示,電動車需求的增加將推動零件成長。
電動車投資和產量增加拉動市場需求
電動車產量的增加是由於電動車提供的顯著優勢以及客戶對電動車的需求不斷增加。電動車碳排放減少帶來的各種好處,例如加強環境保護和減少污染,正在推動預測期內全球市場的成長。此外,消費者需求的成長促使研發活動增加,各種新組件和技術被引入市場,推動了全球電動車零件市場需求的快速成長。此外,電動車充電基礎設施開發投資的增加以及充電平台數量的增加支持了預測期內電動車充電組件的成長。新興國家政府正計劃投資電動車零件領域,為當地製造生態系統創造機會。
例如,2024年4月,Investment Information and Credit Rating Agency預測印度汽車零件產業,尤其是電動車零件的投資將增加。預計未來三到四年將投資 30 億美元,以加強在地化、提高電動車產量並應對製造課題。
電動汽車電池製造工廠的建立推動市場成長
電動車市場見證了鋰離子電池的各種創新和進步,市場參與者透過努力擴大其產品範圍和足跡來回應。每家公司都提供各種專門用於開發先進電動巴士和乘用車的電動車電池。主要進入者也專注於電動車零件(包括電動車電池)的各種創新和研發。此外,消費者對電動車日益增長的興趣正在創造許多機會來主導全球電動車零件市場佔有率。
例如,Panasonic Corporation於2022年3月宣佈,將在日本西部和歌山工廠建立生產設施,生產電動車的創新 "4,680" 鋰電池。該公司致力於推動電動車在全球的快速普及並在全球範圍內拓展業務。
本報告研究和分析了全球電動車零件市場,提供市場規模和預測、市場動態以及主要參與者的現狀和前景。
Global electric vehicle components market is estimated to witness a CAGR of 22.09% during the forecast period 2024-2031, growing from USD 154.90 billion in 2023 to USD 764.70 billion in 2031. The market has experienced growth in recent years and is estimated to maintain a strong pace of expansion in the coming years due to an increase in the production of electric vehicles, advancement in the electric vehicle charging platform, rising awareness concerning zero carbon emission, and surging investment by government to increase number of a charging station. The rising sales of electric vehicles and advancement in the fast-charging infrastructure of electric cars is driving the global electric vehicle components market demand to a larger extent in the forecast period. The country's economic growth, propelled by a growing market share in electric vehicle charging components, is highly owing to the increasing prevalence of electric vehicles. The trend is fostered by their cost-effectiveness and environmental advantages, including reduced noise pollution, and zero emissions. The electric vehicle components market growth has witnessed a significant rise in the forecast period.
In addition, government funding from different regions for new technology advancement and increased research into components foster the global electric vehicle components market size. Furthermore, initiatives to enhance infrastructure by building new, technologically advanced, and more efficient charging stations support the expansion of the EV charging component market in the forecast period. Automakers in the automotive industry are projected to source components from other countries to address the rising demand for electric vehicles.
For instance, in November 2023, Tesla, Inc. announced to double its imports of components worth USD 1.9 billion from India. The increase in demand for EVs will help foster the growth of components according to the Commerce and Industry Minister of India.
Increase in Investment and Production of Electric Vehicles to Foster Market Demand
The production of electric vehicles is rising due to the significant benefits of electric vehicles and the growing demand from customers for EVs. Different benefits including increased environmental protection and controlled pollution owing to less carbon emission from electric vehicles propel the global market growth in the forecast period. Also, a rise in different research and development activities with different new components and technologies launched in the market, owing to accelerated requirements from the consumer has aided to surge in the global electric vehicle component market demand. Moreover, the increasing investment in the development of EV charging infrastructure with a growing number of charging platforms has supported the growth rate of electric vehicle charging components in the forecast period. Governments of emerging countries are planning to invest in the component segment for electric vehicles to create opportunities for the local manufacturing ecosystem.
For instance, in April 2024, the Investment Information and Credit Rating Agency forecasted an increase in investment in India's auto component sector, especially for EV parts. Over the next 3-4 years the investment of USD 3 billion are expected to allow advancements in localization, enhance EV production, and address manufacturing challenges.
Establishment of Manufacturing Facilities for EV Batteries Propel the Market Growth
In the electric vehicle market, there are different innovations and advancements in lithium-ion batteries functioned by the market players to expand their product range and footprint. Companies are offering a wide range of batteries for EVs that are specifically dedicated to the development of advanced electric buses and passenger cars. Also, key participants are majorly focused on different innovations and research and development into electric vehicle components including EV batteries. Moreover, the growing interest of consumers in electric vehicles has created a number of opportunities for dominating the global electric vehicle components market share. From start-up entrepreneurs compelled by government initiatives to giant companies investing a heavy amount in establishing a manufacturing facility for the production of batteries to expand their business across the globe.
For instance, in March 2022, Panasonic Corporation announced to establish a production facility at Wakayama Factory across western Japan to produce innovative '4680' lithium batteries for electric vehicles. The setup is majorly focused on contributing to the rapid adoption of EVs globally and expanding its business across the globe.
Government Investments, Incentives, and Regulations Propel the Global Market Growth
Government policies significantly propel the growth of the electric vehicle market. Different countries are enacting regulations focused on decreasing carbon emissions and motivating the usage and adoption of electric vehicles which further fosters the global electric vehicle components market demand. Financial investments and incentives comprising rebates, tax credits, and exemptions, are compelled to make EVs more fascinating to purchasers. In addition, mandates that compel vehicle manufacturers to manufacture a precise quantity and quality of electric vehicles propel the advancement and increase of demand for electric vehicle components. Furthermore, governments of different countries are significantly investing in electric mobility projects, introducing opportunities for electric vehicle component manufacturers. By providing incentives to consumers and automakers to adopt and produce electric vehicles respectively, governments are propelling the shift. Thereby, the growing requirement for electric vehicles is projected to drive the sales of components including batteries, motors, power inverters, and others.
For instance, in November 2022, the U.S. Energy Department announced a preliminary approval for approximately USD 710 million in loans to electric vehicle technology manufacturing ventures. SK Siltron CSS, a South Korea-based company, is projected to receive USD 544 million to expand a plant across Bay City, Michigan to produce high-power silicon carbide wafers integrated in EVs.
Traction Battery Pack Dominates the Largest Global Electric Vehicle Components Market Share
Traction battery pack dominate the market growth due to the increase in requirement and production of electric vehicles. A traction battery pack is an essential component in an electric vehicle as it is an electrical energy storage system in the form of direct-current electricity and is used to drive the motor. Therefore, an increase in demand for electric vehicles is projected to foster the demand for traction battery pack segment growth. In the global market for electric vehicle components, there is a range of electric car batteries whereas lithium-ion batteries are most widely used in EVs. Key participants in the market are significantly planning to invest in batteries of electric vehicles to offer better driving experience and vehicle safety.
For instance, in January 2024, Altmin Private Ltd. announced an investment of USD 100 million in lithium-ion batteries in India over the next five years to represent a noteworthy advancement in the value chain for electric vehicles in India.
Asia-Pacific Registers the Largest Global Electric Vehicle Components Market Size
Asia-Pacific registers the largest market size in the global market due to emerging countries witnessing increased technological developments, rising integration of components in electric vehicles, surge in manufacturing and production of electric vehicles, and growing customer requirements concerning electric vehicles. In addition, the government of different countries in Asia-Pacific is increasing their funding in different research and development activities with technological advancement in components coupled with increased infrastructure development, which is projected to market expansion to a greater extent in the forecast period. Furthermore, it is projected that China will be a leading player in the global electric vehicle market as there is a significant increase in demand for passenger cars and economic development. Also, companies in the region have been planning to invest to decrease carbon emissions and encourage the adoption of electric vehicle components.
For instance, in May 2024, Mitsubishi Electric Corporation announced a joint venture with Japanese components and systems producer, Aisin Corporation, for electric and hybrid vehicle components and aims to use the scale as an advantage in an increasingly competitive market.
Future Market Scenario (2024 - 2031F)
Increase in production of electric vehicles, and government policies including FAME and FAME II policies, is expected to propel the global electric vehicle components market growth.
Governments of emerging nations are offering monetary incentives for the advancement of innovative technologies coupled with investment in different research and development activities, accelerating the global electric vehicle components market demand.
Collaboration between companies to introduce new and advanced electrical components, boosting the market growth in the forecast period.
Establishment of new manufacturing facilities in emerging countries propel the production and sales of electric vehicle components.
Key Players Landscape and Outlook
Key participants in the electric vehicle components are significantly investing in different research and development activities to expand their portfolio and develop hybrid and electric vehicles. The automakers in emerging countries are taking and investing in advancement practices to offer cost-effective cars. In addition, companies are efficiently adopting different market growth strategies including new product launches, partnerships, collaborations, mergers and acquisitions, and others to expand product portfolios, and gain a competitive edge.
In May 2022, Mahindra & Mahindra Limited announced to strengthen its electric vehicle portfolio and explore partnerships for sourcing more components from other companies.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.