U.S. electric mobility Market: Segmented By Product Type (Electric Scooter, Electric Bicycle, Electric Skateboard, Electric Motorcycle, Electric Car, Electric Wheelchair), By Battery Type (sealed lead acid, Li-ion, and NiMH), And Region – Analysis Of Market Size, Share & Trends For 2019–2020 And Forecasts To 2031
[ 176 + Pages Research Report ]U.S. electric mobility Market to surpass USD 720 billion by 2031 from USD 29 billion in 2021 at a CAGR of 20% in the coming years, i.e., 2021-31.
Product Overview
The electric mobility industry comprises all types of EVs, including battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs). Electromobility is the application of electric cars, as well as e-bikes, electric motorbikes, e-buses, and e-trucks. The common factor of all of them is that they are completely or partly pushed electrically, have a means of storing energy onboard, and attain their energy mainly from the power grid.
Market Highlights
U.S. electric mobility market is expected to project a notable CAGR of 20% in 2031.
U.S. electric mobility market to surpass USD 720 billion by 2031 from USD 29 billion in 2021 at a CAGR of 20% in the coming years, i.e., 2021-31. Over the past few years, the rising carbon emission from traditional fuel-based vehicles has been a critical concern for government administrations. The sustainability move toward smart cities is one of the key factors responsible for the implementation of eco-friendly and cost-effective transportation. Since electric scooters run on batteries, there are no carbon or gaseous emissions from these vehicles. This method of transportation is gaining penetration amongst environmentally conscious commuters.
U.S. electric mobility: Segments
Electric Car segment to grow with the highest CAGR during 2021-31
U.S. electric mobility market is classified on the basis of Type into Electric Scooter, Electric Bicycle, Electric Skateboard, Electric Motorcycle, Electric Car, Electric Wheelchair. The electric car segment dominated the market and reported for an overall market share of XX.X%. The segment growth can be attributed to the growing adoption rate of electric cars compared to skateboards, bicycles, and wheelchairs.
Li-ion segment to grow with the highest CAGR during 2021-31
Based on Battery Type, U.S. electric mobility market fragmented into sealed lead acid, Li-ion, and NiMH. The Li-Ion battery segment dominated the market in 2020 and accounted for 55.7% of the market share. The rising awareness of adopting eco-friendly batteries and the environmental and performance benefits of Li-Ion batteries over NiMH and sealed lead-acid batteries have fueled the demand for Li-Ion batteries.
Market Dynamics
Drivers
Rising concern for global warming
Rising alarm for global warming and pollution have fortified the governments of several regions to promote the large-scale implementation of electric vehicles in order to meet the climate change, local air quality, the dependence of oil to boost a vehicle, and the growth of the automotive industry. In support of this, governments of several economies are offering subsidies and tax benefits along with huge investments towards the development of electric vehicle charging infrastructure. For instance, the government of India recently announced to provide tax benefits on the purchase of electric vehicles in order to fuel the adoption of e-vehicles across the country.
The application of renewable energy
Electric vehicles can be charged using a solar panel or at an electric charging station. The application of renewable energy to power electric vehicle charging stations is one of the prime opportunities for automakers in the electric automobile charging market. Due to the easy installation and reducing prices of solar panels, solar-powered charging stations have become a viable choice for commercial buildings and homeowners to choose electric vehicles.
U.S. electric mobility: Key Players
Accell Group
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Airwheel Holding Limited
Derby Cycle
HARLEY-DAVIDSON
Honda Motor Co. Ltd.
Invacare Corporation
Lohia Auto Industries;
Ninebot Ltd
Other Prominent Players
U.S. electric mobility Market report also contains analysis on:
U.S. electric mobility Segments:
By Product Type
Electric Scooter
Electric Bicycle
Electric Skateboard
Electric Motorcycle
Electric Car
Electric Wheelchair
By Battery Type
sealed lead acid
Li-ion
NiMH
U.S. electric mobility Dynamics
U.S. electric mobility Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
U.S. electric mobility Market Report Scope and Segmentation
Report Attribute Details
Market size value in 2021 USD 29 billion
Revenue forecast in 2031 USD 720 billion
Growth Rate CAGR of 20% from 2021 to 2031
Base year for estimation 2020
Quantitative units Revenue in USD million and CAGR from 2021 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Product Type, Battery Type, and Region
Regional scope U.S.
Key companies profiled Accell Group; Airwheel Holding Limited; Derby Cycle; HARLEY-DAVIDSON; Honda Motor Co. Ltd.; Invacare Corporation; Lohia Auto Industries; Ninebot Ltd. and Other Prominent Players
Product Overview
The electric mobility industry comprises all types of EVs, including battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs). Electromobility is the application of electric cars, as well as e-bikes, electric motorbikes, e-buses, and e-trucks. The common factor of all of them is that they are completely or partly pushed electrically, have a means of storing energy onboard, and attain their energy mainly from the power grid.
Market Highlights
U.S. electric mobility market is expected to project a notable CAGR of 20% in 2031.
U.S. electric mobility market to surpass USD 720 billion by 2031 from USD 29 billion in 2021 at a CAGR of 20% in the coming years, i.e., 2021-31. Over the past few years, the rising carbon emission from traditional fuel-based vehicles has been a critical concern for government administrations. The sustainability move toward smart cities is one of the key factors responsible for the implementation of eco-friendly and cost-effective transportation. Since electric scooters run on batteries, there are no carbon or gaseous emissions from these vehicles. This method of transportation is gaining penetration amongst environmentally conscious commuters.
U.S. electric mobility: Segments
Electric Car segment to grow with the highest CAGR during 2021-31
U.S. electric mobility market is classified on the basis of Type into Electric Scooter, Electric Bicycle, Electric Skateboard, Electric Motorcycle, Electric Car, Electric Wheelchair. The electric car segment dominated the market and reported for an overall market share of XX.X%. The segment growth can be attributed to the growing adoption rate of electric cars compared to skateboards, bicycles, and wheelchairs.
Li-ion segment to grow with the highest CAGR during 2021-31
Based on Battery Type, U.S. electric mobility market fragmented into sealed lead acid, Li-ion, and NiMH. The Li-Ion battery segment dominated the market in 2020 and accounted for 55.7% of the market share. The rising awareness of adopting eco-friendly batteries and the environmental and performance benefits of Li-Ion batteries over NiMH and sealed lead-acid batteries have fueled the demand for Li-Ion batteries.
Market Dynamics
Drivers
Rising concern for global warming
Rising alarm for global warming and pollution have fortified the governments of several regions to promote the large-scale implementation of electric vehicles in order to meet the climate change, local air quality, the dependence of oil to boost a vehicle, and the growth of the automotive industry. In support of this, governments of several economies are offering subsidies and tax benefits along with huge investments towards the development of electric vehicle charging infrastructure. For instance, the government of India recently announced to provide tax benefits on the purchase of electric vehicles in order to fuel the adoption of e-vehicles across the country.
The application of renewable energy
Electric vehicles can be charged using a solar panel or at an electric charging station. The application of renewable energy to power electric vehicle charging stations is one of the prime opportunities for automakers in the electric automobile charging market. Due to the easy installation and reducing prices of solar panels, solar-powered charging stations have become a viable choice for commercial buildings and homeowners to choose electric vehicles.
U.S. electric mobility: Key Players
Accell Group
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Airwheel Holding Limited
Derby Cycle
HARLEY-DAVIDSON
Honda Motor Co. Ltd.
Invacare Corporation
Lohia Auto Industries;
Ninebot Ltd
Other Prominent Players
U.S. electric mobility Market report also contains analysis on:
U.S. electric mobility Segments:
By Product Type
Electric Scooter
Electric Bicycle
Electric Skateboard
Electric Motorcycle
Electric Car
Electric Wheelchair
By Battery Type
sealed lead acid
Li-ion
NiMH
U.S. electric mobility Dynamics
U.S. electric mobility Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
U.S. electric mobility Market Report Scope and Segmentation
Report Attribute Details
Market size value in 2021 USD 29 billion
Revenue forecast in 2031 USD 720 billion
Growth Rate CAGR of 20% from 2021 to 2031
Base year for estimation 2020
Quantitative units Revenue in USD million and CAGR from 2021 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Product Type, Battery Type, and Region
Regional scope U.S.
Key companies profiled Accell Group; Airwheel Holding Limited; Derby Cycle; HARLEY-DAVIDSON; Honda Motor Co. Ltd.; Invacare Corporation; Lohia Auto Industries; Ninebot Ltd. and Other Prominent Players
1. EXECUTIVE SUMMARY
2. U.S. ELECTRIC MOBILITY MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. U.S. ELECTRIC MOBILITY MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. U.S. ELECTRIC MOBILITY MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. U.S. ELECTRIC MOBILITY MARKET: MARKET SEGMENTATION
12.1. By Product Type: Market Share (2020-2030F)
12.1.1. Electric Scooter, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Electric Bicycle, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Electric Skateboard, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Electric Motorcycle, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Electric Car, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.6. Electric Wheelchair, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Battery Type: Market Share (2020-2030F)
12.2.1. Sealed lead acid, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Li-ion, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. NiMH, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
13.1. Accell Group
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Airwheel Holding Limited
13.3. Derby Cycle
13.4. HARLEY-DAVIDSON
13.5. Honda Motor Co. Ltd.
13.6. Invacare Corporation
13.7. Lohia Auto Industries;
13.8. Ninebot Ltd
13.9. Other Prominent Players
14. CONSULTANT RECOMMENDATION
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. U.S. ELECTRIC MOBILITY MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. U.S. ELECTRIC MOBILITY MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. U.S. ELECTRIC MOBILITY MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. U.S. ELECTRIC MOBILITY MARKET: MARKET SEGMENTATION
12.1. By Product Type: Market Share (2020-2030F)
12.1.1. Electric Scooter, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Electric Bicycle, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Electric Skateboard, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Electric Motorcycle, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Electric Car, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.6. Electric Wheelchair, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Battery Type: Market Share (2020-2030F)
12.2.1. Sealed lead acid, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Li-ion, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. NiMH, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
13.1. Accell Group
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Airwheel Holding Limited
13.3. Derby Cycle
13.4. HARLEY-DAVIDSON
13.5. Honda Motor Co. Ltd.
13.6. Invacare Corporation
13.7. Lohia Auto Industries;
13.8. Ninebot Ltd
13.9. Other Prominent Players
14. CONSULTANT RECOMMENDATION
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
