North America Electric Mobility Market By Battery Type (Li-ion, NiMH and Sealed Lead Acid) By Voltage (24V, Greater than 48V, 48V, 36V and others) By Product Type (Electric Car, Electric Scooter & Motorcycle, Electric Bicycle, Electric Skateboard and Others) By Country, Industry Analysis and Forecast, 2019 - 2025

Report Id: KBV-3045 Publication Date: November-2019 Number of Pages: 126

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Analysis of Market Size & Trends

The North America Electric Mobility Market would witness market growth of 21.6% CAGR during the forecast period (2019-2025). An economic, technological, and social transformation is taking place in the automotive industry. This is driven primarily by increased awareness of the reduced operational and maintenance costs of EVs, combined with their ability to reduce harmful emissions contributing to global warming. Over the coming years, these favorable trends are likely to work well for the electric vehicles market, driving the electric mobility or e-mobility market.

Integrating electric mobility into urban policies and plans including national solar missions and smart grids will enable customers to use renewable electricity and use it to charge their electric vehicles. This can be achieved by installing a smart meter in the user's home (the owner of EVs). Instead of paying high rates of electricity generated from traditional sources, consumers can charge the car at lower rates of electricity generated by renewable sources. The other benefit is that in case of power shortage, car owners can use EVs as a source of electricity storage that could be used for vital household appliances.

Based on Battery Type, the market is segmented into Li-ion, NiMH and Sealed Lead Acid. Based on Voltage, the market is segmented into 24V, Greater than 48V, 48V, 36V and Others. Based on Product Type, the market is segmented into Electric Car, Electric Scooter & Motorcycle, Electric Bicycle, Electric Skateboard and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: Electric Mobility Market in North America is expected to register a CAGR of 21.6% during the forecast period (2019-2025)

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ford Motors Co. Ltd., Volvo Group, BMW Group, General Motors Co., Volkswagen AG, BYD Company Ltd., Tesla, Inc., Honda Motor Co. Ltd., Toyota Motor Corporation, Nissan Motor Corporation and Hyundai Motor Company.