Battery Electric Vehicles (BEV) – Market Analysis, Competitive Landscape and Forecasts to 2020

GlobalData's latest research “Battery Electric Vehicles (BEV) – Market Analysis, Competitive Landscape and Forecasts to 2020” provides an in-depth analysis of the Battery Electric Vehicle (BEV), at global and national levels. The global BEV market is currently at an introductory stage, but is witnessing deployment in various countries such as the US, the UK, Ireland, France, Germany, China and Japan. But growth is still slow. Therefore, proper government support in terms of both financial and non-financial incentives is very much needed to achieve targeted numbers by 2020. The global BEV market is expected to grow at a CAGR of 15% during 2011-2020 if proper support is provided by the governments in key nations. The report provides information related to deployment trends and an outlook for BEVs in key geographies. The report covers various aspects of the global BEV market providing market sizing, outlook and competitive landscape analysis. The report analyzes some of the key drivers and restraints affecting the deployment of BEVs at regional and global levels. The report also provides information on some of the existing and upcoming BEV models in the market besides comparing the product features of some of the key BEV models in the industry

Scope

• Key geographies of the US, Canada, the UK, Germany, Ireland, France, India, Australia and Japan
• Market size data of global and key BEV markets
• Annualized market revenue data from 2011 to 2020
• Qualitative analysis of market drivers, restraints, government plan and policies,
• Regional analysis of upcoming and existing BEV models in the market.
• Technical Analysis includes technological trends and benefits of BEVs over Internal Combustion Engine vehicles
• Vendor analysis of the key players and their product offerings. The key players covered include Nissan Motors, Mitsubishi Motors, Renault and Tesla Motors.

Reasons To Buy

• Facilitate decision making based on strong historic and forecast data for global and national BEV markets.
• Develop strategies for market penetration and product development.
• Position yourself to gain maximum advantage from the BEV market’s growth potential.
• Identify key partners and business development avenues.
• Respond to your competitors’ business structures, strategies and prospects.

Additional Information:

Long-term plans to reach specific goals will only be achieved if there is sufficient government support to promote Battery Electric Vehicles (BEVs) at a global level, states this new report.

This research claims that key markets are failing to meet planned deployment targets for BEVs as a result of lacking infrastructure, lack of consumer awareness, and delays in the delivery of equipment, which will continue to threaten future deployment plans unless rectified.

Governments in key countries including the US, the UK, China, France, Germany and Ireland have introduced long-term financial incentive schemes, in the form of subsidies and tax rebates, to promote BEV deployment. A number of non-financial incentives have also been introduced – for instance, Norway allows BEVs access to bus lanes, free and unlimited parking at public places, and congestion charge exemptions. These initiatives are currently acting as drivers for the BEV market, and if continued will help to stimulate future growth.

However, national BEV aspirations have largely been crushed due to practical issues. For example, Ireland’s plan to deploy 6,000 BEVs by 2012 has been delayed due to suppliers failing to deliver BEV equipment on schedule. Lengthy charging times represent another restraint felt by the BEV market. Insufficient infrastructure leaves drivers with range anxiety, as charging stations are few and far between and many of these are not advanced enough to charge a car without an overnight stop. Until more facilities capable of replenishing batteries within a very short time are introduced, charging up and selecting routes based on charging stations will make long journeys in BEVs difficult.

The prohibitive cost of BEVs will also deter market growth, as government subsidies for vehicle purchase do not currently account for the high prices of new green technology. The global average price of a BEV is currently around $39,270 due to the cost of the battery, representing a high cost when compared to conventional Internal Combustion Engine (ICE) vehicles. The price of the batteries used in BEVs is expected to decrease by 50% every four to five years, but the price of clean technology is expected to remain one of the major limitations to BEV market growth until the price of batteries significantly falls.

List of Tables

Table 1: Electric Vehicle Market, Global, Comparison of Electric Cars with Petrol or Diesel Cars, 2010 8
Table 2: Battery Electric Vehicle Market, Global, Annual Volume (Units), 2011–2020 12
Table 3: Battery Electric Vehicle Market, Global, Annual Revenues ($m), 2011–2020 14
Table 4: Battery Electric Vehicle Market, Global, Average Price ($), 2011–2020 16
Table 5: Battery Electric Vehicle Market, Global, Vehicle Sales by Manufacturers (Units), 2011 17
Table 6: Electric Vehicle Charging Stations Market, Global, Annual Volume (Million Units), 2011–2020 21
Table 7: Battery Electric Vehicle Market, The US, Annual Volume (Units), 2011–2020 23
Table 8: Battery Electric Vehicle Market, The US, Annual Revenues ($m), 2011–2020 24
Table 9: Battery Electric Vehicle Market, The US, Average Price ($), 2011–2020 25
Table 10: Battery Electric Vehicle Market, The US, Estimated Supply of Battery Electric Vehicles, 2011–2015 26
Table 11: Battery Electric Vehicle Market, Canada, Annual Volume, 2011–2020 28
Table 12: Battery Electric Vehicle Market, Canada, Annual Revenues ($m), 2011–2020 29
Table 13: Battery Electric Vehicle Market, Canada, Average Price ($), 2011–2020 30
Table 14: Battery Electric Vehicle Market, The US, Existing and Upcoming Battery Electric Vehicle Models, 2012 34
Table 15: Battery Electric Vehicle Market, Existing and Upcoming Battery Electric Vehicle Models in Canada, 2012 35
Table 16: Battery Electric Vehicle Market, The UK, Annual Volume, (Units), 2011–2020 37
Table 17: Battery Electric Vehicle Market, The UK, Annual Revenue ($m), 2011–2020 38
Table 18: Electric Vehicle Market, The UK, Average Price ($), 2011–2020 39
Table 19: Electric Vehicle Market, Subsidy Eligibility Criteria, 2011 40
Table 20: Battery Electric Vehicle Market, Ireland, Annual Volume, Units, 2011–2020 42
Table 21: Battery Electric Vehicle Market, Ireland, Annual Revenues ($m), 2011–2020 43
Table 22: Battery Electric Vehicle Market, Ireland, Average Price ($), 2011–2020 44
Table 23: Battery Electric Vehicle Market, Germany, Annual Volume (Units), 2011–2020 46
Table 24: Battery Electric Vehicle Market, Germany, Annual Revenues ($m), 2011–2020 47
Table 25: Battery Electric Vehicle Market, Germany, Average Price ($), 2011–2020 48
Table 26: Battery Electric Vehicle Market, France, Annual Volume (Units), 2011–2020 50
Table 27: Battery Electric Vehicle Market, France, Annual Revenues ($m), 2011–2020 51
Table 28: Battery Electric Vehicle Market, France, Average Price ($), 2011–2020 52
Table 29: Battery Electric Vehicle Market, Europe, Existing and Upcoming Models, 2012 59
Table 30: Battery Electric Vehicle Market, Japan, Annual Volume (Units), 2010–2020 61
Table 31: Battery Electric Vehicle Market, Japan, Annual Revenues ($m), 2010–2020 62
Table 32: Battery Electric Vehicle Market, Japan, Average Price ($), 2010–2020 63
Table 33: Smart Grid, Japan, Electric Vehicle Subsidies, 2012 64
Table 34: Battery Electric Vehicle Market, India, Annual Volume, Units, 2011–2020 65
Table 35: Battery Electric Vehicle Market, India, Annual Revenues ($m), 2011–2020 66
Table 36: Battery Electric Vehicle Market, India, Average Price ($), 2011–2020 67
Table 37: Battery Electric Vehicle Market, Australia, Annual Volume (Units), 2011–2020 69
Table 38: Battery Electric Vehicle Market, Australia, Annual Revenues ($m), 2011–2020 70
Table 39: Battery Electric Vehicle Market, Australia, Average Price ($), 2011–2020 71
Table 40: Battery Electric Vehicle Market, Asia-Pacific, Existing and Upcoming Models, 2012 74
Table 41: Battery Electric Vehicle, Product Feature Comparison, 2012 76
Table 42: List of Abbreviations 79

List of Figures

Figure 1: Battery Electric Vehicle Market, Global, Annual Volume (Units), 2011–2020 12
Figure 2: Battery Electric Vehicle Market, Global, Annual Revenues ($m), 2011–2020 13
Figure 3: Battery Electric Vehicle Market, Global, Average Price ($), 2011–2020 15
Figure 4: Battery Electric Vehicle Market, Global, Market Share of Key Players (%), 2011 17
Figure 5: Electric Vehicle Charging Stations Market, Global, Annual Volume (Million Units), 2011–2020 20
Figure 6: Battery Electric Vehicle Market, The US, Annual Volume (Units), 2011–2020 23
Figure 7: Battery Electric Vehicle Market, The US, Annual Revenues ($m), 2011–2020 24
Figure 8: Battery Electric Vehicle Market, The US, Average Price ($), 2011–2020 25
Figure 9: Battery Electric Vehicle Market, Canada, Annual Volume, 2011–2020 27
Figure 10: Battery Electric Vehicle Market, Canada, Annual Revenues ($m), 2011–2020 29
Figure 11: Battery Electric Vehicle Market, Canada, Average Price ($), 2011–2020 30
Figure 12: Battery Electric Vehicle Market, The UK, Annual Volume, (Units), 2011–2020 37
Figure 13: Battery Electric Vehicle Market, The UK, Annual Revenue ($m), 2011–2020 38
Figure 14: Battery Electric Vehicle Market, The UK, Average Price ($), 2011–2020 39
Figure 15: Battery Electric Vehicle Market, Ireland, Annual Volumes, Units, 2011–2020 41
Figure 16: Battery Electric Vehicle Market, Ireland, Annual Revenues ($m), 2011–2020 43
Figure 17: Battery Electric Vehicle Market, Ireland, Average Price ($), 2011–2020 44
Figure 18: Battery Electric Vehicle Market, Germany, Annual Volume (Units), 2011–2020 46
Figure 19: Battery Electric Vehicle Market, Germany, Annual Revenues ($m), 2011–2020 47
Figure 20: Battery Electric Vehicle Market, Germany, Average Price ($), 2011–2020 48
Figure 21: Battery Electric Vehicle Market, France, Annual Volume (Units), 2011–2020 50
Figure 22: Battery Electric Vehicle Market, France, Annual Revenues ($m), 2011–2020 51
Figure 23: Battery Electric Vehicle Market, France, Average Price ($), 2011–2020 52
Figure 24: Battery Electric Vehicle Market, Japan, Annual Volume (Units), 2010–2020 60
Figure 25: Battery Electric Vehicle Market, Japan, Annual Revenues ($m), 2010–2020 62
Figure 26: Battery Electric Vehicle Market, Japan, Average Price ($), 2010–2020 63
Figure 27: Battery Electric Vehicle Market, India, Annual Volume (Units), 2011–2020 65
Figure 28: Battery Electric Vehicle Market, India, Annual Revenues ($m), 2011–2020 66
Figure 29: Battery Electric Vehicle Market, India, Average Price ($), 2011–2020 67
Figure 30: Battery Electric Vehicle Market, Australia, Annual Volume (Units), 2011–2020 69
Figure 31: Battery Electric Vehicle Market, Australia, Annual Revenues ($m), 2011–2020 70
Figure 32: Battery Electric Vehicle Market, Australia, Average Price($), 2011–2020 71