Middle East and Africa Electric Vehicle Market  – Global Industry Trends & Forecast to 2029

 

The Middle East and Africa Electric Vehicle Market  will grow at a CAGR of 28.1% from 2022 to 2029.

 

Electric Vehicle Market Dynamics

Drivers

  • Increasing demand for electric vehicles

The automotive industry has grown enormously over the years owing to the rising demand for luxurious electric vehicles.

  • Incentives & subsidies by the government for electric vehicles

It has been observed that governments of many states are raising the awareness among the citizens about electric vehicles and providing more benefits like tax redemption or rebate.

  • Increasing environmental concerns

Car pollution has been a significant concern for the environment and also in the rise of global warming since decades.

 

 

 

  • High fluctuation in fuel prices

The price of oil and gas has always fluctuated for several reasons, the non-renewable source being one of the major reasons.  

Middle East and Africa Electric Vehicle Market

 

Opportunity

·        Cloud based charging stations (smart electric vehicle charging)

Cloud based charging allows E.V. charging stations to be connected to the

internet and constantly communicate with a central system.

·        Lack of charging infrastructure for electric vehicles in MEA region

The primary requirement for the electric vehicle to grow is the availability of proper charging stations an adequate distance.

Market Definition

An electric vehicle is a vehicle that runs fully or partially on electricity. Unlike conventional vehicles that use fossil fuels, e-vehicles use an electric motor powered by a fuel cell or batteries. E-vehicle or 'E.V.' are the common terms for an electric vehicle. In most cases, the term includes both BEVs and PHEVs. The letters BEVs stand for battery electric vehicles, while PHEVs stands for plug-in hybrid electric vehicles.

 

Get sample report@https://www.databridgemarketresearch.com/request-a-sample/?dbmr=middle-east-and-africa-electric-vehicle-market

 

 

Middle East and Africa Electric Vehicle Market Scope

Product/Propulsion Type

  • Battery Electric Vehicle (BEV)
  • Plug-In Hybrid Electric Vehicle (PHEV)
  • Fuel Cell Electric Vehicle (FCEV)
  • ICE And Micro Hybrid Vehicle

Vehicle Drive Type

  • FWD
  • RWD
  • AWD

Vehicle Speed

  • Less Than 100 MPH
  • 100 TO 125 MPH
  • More Than 125 MPH

Vehicle Class

  • Mid-Priced
  • Luxury

Sales Channel

  • OEM
  • Aftermarket

Electric Motor Type

  • DC Motors
  • Brushless DC Motors
  • Permanent Magnet Synchronous Motors
  • Three Phase Induction Motors

Power Output

  • Less Than 100 KW
  • 100 TO 250 KW
  • More Than 25O KW

Voltage Range

  • Less Than 48 Volt
  • More Than 48 Volt

Charging Station Type

  • Normal Charging
  • Super Charging

.

Connectivity Type

  • V2B OR V2H
  • V2G
  • V2V
  • V2X

Power Train

  • Parallel Hybrid
  • Series Hybrid
  • Combined Hybrid

Vehicle Type

  • Passenger Vehicles
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

 

Competitive Landscape and Middle East and Africa Electric Vehicle Market Share Analysis

The electric vehicle market competitive landscape provides details of the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, solution launch, product width and breadth, application dominance. The above data points are only related to the companies' focus on the electric vehicle market.

Research Methodology

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.

 

Get toc report @ https://www.databridgemarketresearch.com/toc/?dbmr=middle-east-and-africa-electric-vehicle-market

 

 

 

MAJOR TOC OF THE REPORT

Ø  Chapter One: Intoduction

Ø  Chapter Two: Market Dynamics

Ø  Chapter Three: Market Definition

Ø  Chapter Four: Market  Scope

Ø  Chapter Five : Market share Analysis

Get full report @ https://www.databridgemarketresearch.com/reports/middle-east-and-africa-electric-vehicle-market

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