Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on a high
performance electric vehicle market provides an in-depth analysis of segments and
sub-segments in the global as well as regional high performance electric
vehicle market. The study also highlights the impact of drivers, restraints,
and macro indicators on the global and regional high performance electric
vehicle market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global high
performance electric vehicle market. According to the report, the global high
performance electric vehicle market is projected to grow at a CAGR of 41.37%
over the forecast period of 2019-2025.
As the global pollution levels are increasing and the crude oil
reservoirs are depleting, demand for more fuel-efficient and lower-emission
cars have increased. Electric vehicles are one of the promising alternatives to
conventional fuel-driven cars. As electric vehicles evolved, their performance
and efficiency have also improved. Development in electric vehicle technology
opens new doors to a broad range of research and improvement possibilities
which are being used to develop a high performance full-electric competition.
The emergence of high performance electric vehicles has changed the dynamics of
the electric vehicle industry. The high performance electric vehicles include
SUVs, sports cars and hypercars.
The growing concerns regarding increasing pollution and
environmental protection are the major driving factors for the growth of the
high performance electric vehicle market. The rise in awareness among the
population regarding the increasing level of pollution has encouraged the
adoption of cars with lower emissions. Moreover, the implementation of
stringent emission regulations has forced car manufacturers to produce low-emission
or zero-emission cars. This, in turn, gives a thrust to the growth of the high performance
electric vehicle market. Furthermore, the government initiatives in some
countries including China, India, and Norway to subsidize the EVs have
contributed to the growth of the high performance electric vehicle market.
However, the high cost of components, which ultimately affects the overall cost
of the vehicle is expected to hamper the growth of the high performance
electric vehicles market. Nevertheless, the technological advancements in the
field of motors and batteries have posed lucrative business opportunities for
the players in the market.
In terms of geography, North America dominates the high performance
electric vehicle market, accounting for the highest market share among the
regions. The growth of North America's high performance electric vehicle market
attributes to the rise in environmental concerns and the implementation of
strict emission norms by the government. Moreover, the presence of the leading
manufacturers including Tesla and Faraday Future in the region is anticipated
to boost the growth of high performance electric vehicle market in North
America.
The report on global high performance electric vehicle market
covers segments such as drive type, and vehicle type. On the basis of drive
type, the sub-markets include plug-in hybrid, and pure electric. On the basis
of vehicle type, the sub-markets include passenger vehicle, and commercial
vehicle.
The report provides profiles of the companies in the market such
as Tesla, Inc., Daimler AG, Rimac Automobili, Faraday Future, Alkè s.r.l, and
NIO Limited.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of high performance electric vehicle market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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