DUBLIN--(BUSINESS WIRE)--The "Global Electric Sports Car Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The Global Electric Sports Car Market is projected to grow from US$83.115 billion in 2019 to US$232.481 billion in 2025, at a CAGR of 18.7% during the forecast period.
Electric cars are coming up as a more sustainable mode of commuting around the world. Manufacturers in the automobile industry are shifting towards making a sustainable vehicle that has huge demand in the coming years. A lot of companies are coming up with new launches in the electric vehicle segment to take the lead in the market.
Electric sports car market is segmented on the basis of type and geography. By Type, the market is segmented as Battery Electric Vehicle, Hybrid Electric Vehicle, and Plug-in Hybrid Electric Vehicle.
Market Drivers
Road transportation is one of the major sources of greenhouse effects and rising temperatures around the world. Transport is a major user of energy and burns most of the world's petroleum. Environmental regulations in developed and developing countries are focusing on reducing the individual vehicle's emission. Rising per capita income and an increase in millionaires around the world is rapidly increasing the demand for sports cars.
As due to high cost of racing cars only high income class people can afford to have sports cars. Electric vehicles are coming up as a more sustainable mode of commuting in the future. Electric vehicles are working as an alternative to vehicles run by petrol and diesel resulting in saving fossil fuels from depletion. The increasing investment in research and development by market players coupled with growing government support and initiatives is expected to drive the growth of the electric sports car market.
By Geography Type
Regionally the electric sports car market is classified into North America, South America, Europe, Middle East, and Africa, and the Asia Pacific. The report also analyses major countries across these regions with complete analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Geographically, North America and Europe have a significant share in the electric sports car market due to high income level people. The APAC region and Middle Eastern Countries will drive the market growth on account of an upsurge in income and better lifestyle.
Key Topics Covered
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Global Electric Sports Car Market Analysis, by Type
5.1. Introduction
5.2. Battery Electric Vehicle
5.3. Hybrid Electric Vehicle
5.4. Plug-in Hybrid Electric Vehicle
6. Global Electric Sports Car Market Analysis, by Geography
6.1. Introduction
6.2. North America
6.3. South America
6.4. Europe
6.5. Middle East & Africa
6.6. Asia-Pacific
7. Competitive Environment and Analysis
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Lucrativeness
7.3. Mergers, Acquisitions, Agreements, and Collaborations
7.4. Vendor Competitiveness Matrix
8. Company Profiles
8.1. Tesla
8.2. BMW
8.3. Audi
8.4. Porsche
8.5. Daimler AG
8.6. Ferrari S.p.A.
8.7. Jaguar Land Rover Ltd.
8.8. Nissan
8.9. ChevyJoltEV.com
For more information about this report visit https://www.researchandmarkets.com/r/mvuok4
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