Global Zero Emission Vehicle (ZEV) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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Published Date: 18 Mar 2023

Category: Automobile & Transportation

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Description
Table of Contents
Table of Figures
Research Methodology
Related Reports
Product Tags

Description

A zero-emissions vehicle is a vehicle that never emits exhaust gas from the onboard source of power; generally refers to electric vehicles.

According to our (Global Info Research) latest study, the global Zero Emission Vehicle (ZEV) market size was valued at USD 92000 million in 2022 and is forecast to a readjusted size of USD 346600 million by 2029 with a CAGR of 20.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The leading manufactures mainly are Tesla, BYD, SAIC, BAIC, BMW, Hyundai & Kia, GEELY, Nissan, Volkswagen, Renault, JAC, TOYOTA , Mitsubishi, Chery, VOLVO, GAC Motor, etc. Tesla is the largest manufacturer; its revenue of global market exceeds 31% in 2019.

Geographically, the global Zero Emission Vehicle (ZEV) production market has been segmented into United States, Europe, China, Japan, others. The China held the largest share in the global market, its revenue of global market exceeds 47% % in 2019. The next is Europe.

There are mainly two-type product of Zero Emission Vehicle (ZEV) market: BEV and PHEV. In 2020, BEV accounted for a major share of 61% the global Zero Emission Vehicle (ZEV) market. In addition, the applications of Zero Emission Vehicle (ZEV) are classified as home use and commercial use.

This report is a detailed and comprehensive analysis for global Zero Emission Vehicle (ZEV) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Zero Emission Vehicle (ZEV) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2018-2029
Global Zero Emission Vehicle (ZEV) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2018-2029
Global Zero Emission Vehicle (ZEV) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2018-2029
Global Zero Emission Vehicle (ZEV) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (K USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Zero Emission Vehicle (ZEV)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Zero Emission Vehicle (ZEV) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tesla, BYD, SAIC, BAIC and BMW, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
Zero Emission Vehicle (ZEV) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
    BEV
    PHEV

Market segment by Application
    Home Use
    Commercial Use

Major players covered
    Tesla
    BYD
    SAIC
    BAIC
    BMW
    Hyundai & Kia
    GEELY
    Nissan
    Volkswagen
    Renault
    JAC
    TOYOTA
    Mitsubishi
    Chery
    VOLVO
    GAC Motor

Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Zero Emission Vehicle (ZEV) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Zero Emission Vehicle (ZEV), with price, sales, revenue and global market share of Zero Emission Vehicle (ZEV) from 2018 to 2023.
Chapter 3, the Zero Emission Vehicle (ZEV) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Zero Emission Vehicle (ZEV) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Zero Emission Vehicle (ZEV) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Zero Emission Vehicle (ZEV).
Chapter 14 and 15, to describe Zero Emission Vehicle (ZEV) sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Zero Emission Vehicle (ZEV)
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Zero Emission Vehicle (ZEV) Consumption Value by Type: 2018 Versus 2022 Versus 2029
        1.3.2 BEV
        1.3.3 PHEV
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Zero Emission Vehicle (ZEV) Consumption Value by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Home Use
        1.4.3 Commercial Use
    1.5 Global Zero Emission Vehicle (ZEV) Market Size & Forecast
        1.5.1 Global Zero Emission Vehicle (ZEV) Consumption Value (2018 & 2022 & 2029)
        1.5.2 Global Zero Emission Vehicle (ZEV) Sales Quantity (2018-2029)
        1.5.3 Global Zero Emission Vehicle (ZEV) Average Price (2018-2029)

2 Manufacturers Profiles
    2.1 Tesla
        2.1.1 Tesla Details
        2.1.2 Tesla Major Business
        2.1.3 Tesla Zero Emission Vehicle (ZEV) Product and Services
        2.1.4 Tesla Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 Tesla Recent Developments/Updates
    2.2 BYD
        2.2.1 BYD Details
        2.2.2 BYD Major Business
        2.2.3 BYD Zero Emission Vehicle (ZEV) Product and Services
        2.2.4 BYD Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 BYD Recent Developments/Updates
    2.3 SAIC
        2.3.1 SAIC Details
        2.3.2 SAIC Major Business
        2.3.3 SAIC Zero Emission Vehicle (ZEV) Product and Services
        2.3.4 SAIC Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 SAIC Recent Developments/Updates
    2.4 BAIC
        2.4.1 BAIC Details
        2.4.2 BAIC Major Business
        2.4.3 BAIC Zero Emission Vehicle (ZEV) Product and Services
        2.4.4 BAIC Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 BAIC Recent Developments/Updates
    2.5 BMW
        2.5.1 BMW Details
        2.5.2 BMW Major Business
        2.5.3 BMW Zero Emission Vehicle (ZEV) Product and Services
        2.5.4 BMW Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 BMW Recent Developments/Updates
    2.6 Hyundai & Kia
        2.6.1 Hyundai & Kia Details
        2.6.2 Hyundai & Kia Major Business
        2.6.3 Hyundai & Kia Zero Emission Vehicle (ZEV) Product and Services
        2.6.4 Hyundai & Kia Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 Hyundai & Kia Recent Developments/Updates
    2.7 GEELY
        2.7.1 GEELY Details
        2.7.2 GEELY Major Business
        2.7.3 GEELY Zero Emission Vehicle (ZEV) Product and Services
        2.7.4 GEELY Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 GEELY Recent Developments/Updates
    2.8 Nissan
        2.8.1 Nissan Details
        2.8.2 Nissan Major Business
        2.8.3 Nissan Zero Emission Vehicle (ZEV) Product and Services
        2.8.4 Nissan Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Nissan Recent Developments/Updates
    2.9 Volkswagen
        2.9.1 Volkswagen Details
        2.9.2 Volkswagen Major Business
        2.9.3 Volkswagen Zero Emission Vehicle (ZEV) Product and Services
        2.9.4 Volkswagen Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 Volkswagen Recent Developments/Updates
    2.10 Renault
        2.10.1 Renault Details
        2.10.2 Renault Major Business
        2.10.3 Renault Zero Emission Vehicle (ZEV) Product and Services
        2.10.4 Renault Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Renault Recent Developments/Updates
    2.11 JAC
        2.11.1 JAC Details
        2.11.2 JAC Major Business
        2.11.3 JAC Zero Emission Vehicle (ZEV) Product and Services
        2.11.4 JAC Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 JAC Recent Developments/Updates
    2.12 TOYOTA
        2.12.1 TOYOTA Details
        2.12.2 TOYOTA Major Business
        2.12.3 TOYOTA Zero Emission Vehicle (ZEV) Product and Services
        2.12.4 TOYOTA Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 TOYOTA Recent Developments/Updates
    2.13 Mitsubishi
        2.13.1 Mitsubishi Details
        2.13.2 Mitsubishi Major Business
        2.13.3 Mitsubishi Zero Emission Vehicle (ZEV) Product and Services
        2.13.4 Mitsubishi Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.13.5 Mitsubishi Recent Developments/Updates
    2.14 Chery
        2.14.1 Chery Details
        2.14.2 Chery Major Business
        2.14.3 Chery Zero Emission Vehicle (ZEV) Product and Services
        2.14.4 Chery Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.14.5 Chery Recent Developments/Updates
    2.15 VOLVO
        2.15.1 VOLVO Details
        2.15.2 VOLVO Major Business
        2.15.3 VOLVO Zero Emission Vehicle (ZEV) Product and Services
        2.15.4 VOLVO Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.15.5 VOLVO Recent Developments/Updates
    2.16 GAC Motor
        2.16.1 GAC Motor Details
        2.16.2 GAC Motor Major Business
        2.16.3 GAC Motor Zero Emission Vehicle (ZEV) Product and Services
        2.16.4 GAC Motor Zero Emission Vehicle (ZEV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.16.5 GAC Motor Recent Developments/Updates

3 Competitive Environment: Zero Emission Vehicle (ZEV) by Manufacturer
    3.1 Global Zero Emission Vehicle (ZEV) Sales Quantity by Manufacturer (2018-2023)
    3.2 Global Zero Emission Vehicle (ZEV) Revenue by Manufacturer (2018-2023)
    3.3 Global Zero Emission Vehicle (ZEV) Average Price by Manufacturer (2018-2023)
    3.4 Market Share Analysis (2022)
        3.4.1 Producer Shipments of Zero Emission Vehicle (ZEV) by Manufacturer Revenue ($MM) and Market Share (%): 2022
        3.4.2 Top 3 Zero Emission Vehicle (ZEV) Manufacturer Market Share in 2022
        3.4.2 Top 6 Zero Emission Vehicle (ZEV) Manufacturer Market Share in 2022
    3.5 Zero Emission Vehicle (ZEV) Market: Overall Company Footprint Analysis
        3.5.1 Zero Emission Vehicle (ZEV) Market: Region Footprint
        3.5.2 Zero Emission Vehicle (ZEV) Market: Company Product Type Footprint
        3.5.3 Zero Emission Vehicle (ZEV) Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
    4.1 Global Zero Emission Vehicle (ZEV) Market Size by Region
        4.1.1 Global Zero Emission Vehicle (ZEV) Sales Quantity by Region (2018-2029)
        4.1.2 Global Zero Emission Vehicle (ZEV) Consumption Value by Region (2018-2029)
        4.1.3 Global Zero Emission Vehicle (ZEV) Average Price by Region (2018-2029)
    4.2 North America Zero Emission Vehicle (ZEV) Consumption Value (2018-2029)
    4.3 Europe Zero Emission Vehicle (ZEV) Consumption Value (2018-2029)
    4.4 Asia-Pacific Zero Emission Vehicle (ZEV) Consumption Value (2018-2029)
    4.5 South America Zero Emission Vehicle (ZEV) Consumption Value (2018-2029)
    4.6 Middle East and Africa Zero Emission Vehicle (ZEV) Consumption Value (2018-2029)

5 Market Segment by Type
    5.1 Global Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2029)
    5.2 Global Zero Emission Vehicle (ZEV) Consumption Value by Type (2018-2029)
    5.3 Global Zero Emission Vehicle (ZEV) Average Price by Type (2018-2029)

6 Market Segment by Application
    6.1 Global Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2029)
    6.2 Global Zero Emission Vehicle (ZEV) Consumption Value by Application (2018-2029)
    6.3 Global Zero Emission Vehicle (ZEV) Average Price by Application (2018-2029)

7 North America
    7.1 North America Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2029)
    7.2 North America Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2029)
    7.3 North America Zero Emission Vehicle (ZEV) Market Size by Country
        7.3.1 North America Zero Emission Vehicle (ZEV) Sales Quantity by Country (2018-2029)
        7.3.2 North America Zero Emission Vehicle (ZEV) Consumption Value by Country (2018-2029)
        7.3.3 United States Market Size and Forecast (2018-2029)
        7.3.4 Canada Market Size and Forecast (2018-2029)
        7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
    8.1 Europe Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2029)
    8.2 Europe Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2029)
    8.3 Europe Zero Emission Vehicle (ZEV) Market Size by Country
        8.3.1 Europe Zero Emission Vehicle (ZEV) Sales Quantity by Country (2018-2029)
        8.3.2 Europe Zero Emission Vehicle (ZEV) Consumption Value by Country (2018-2029)
        8.3.3 Germany Market Size and Forecast (2018-2029)
        8.3.4 France Market Size and Forecast (2018-2029)
        8.3.5 United Kingdom Market Size and Forecast (2018-2029)
        8.3.6 Russia Market Size and Forecast (2018-2029)
        8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
    9.1 Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2029)
    9.2 Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2029)
    9.3 Asia-Pacific Zero Emission Vehicle (ZEV) Market Size by Region
        9.3.1 Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity by Region (2018-2029)
        9.3.2 Asia-Pacific Zero Emission Vehicle (ZEV) Consumption Value by Region (2018-2029)
        9.3.3 China Market Size and Forecast (2018-2029)
        9.3.4 Japan Market Size and Forecast (2018-2029)
        9.3.5 Korea Market Size and Forecast (2018-2029)
        9.3.6 India Market Size and Forecast (2018-2029)
        9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
        9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
    10.1 South America Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2029)
    10.2 South America Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2029)
    10.3 South America Zero Emission Vehicle (ZEV) Market Size by Country
        10.3.1 South America Zero Emission Vehicle (ZEV) Sales Quantity by Country (2018-2029)
        10.3.2 South America Zero Emission Vehicle (ZEV) Consumption Value by Country (2018-2029)
        10.3.3 Brazil Market Size and Forecast (2018-2029)
        10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
    11.1 Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2029)
    11.2 Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2029)
    11.3 Middle East & Africa Zero Emission Vehicle (ZEV) Market Size by Country
        11.3.1 Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity by Country (2018-2029)
        11.3.2 Middle East & Africa Zero Emission Vehicle (ZEV) Consumption Value by Country (2018-2029)
        11.3.3 Turkey Market Size and Forecast (2018-2029)
        11.3.4 Egypt Market Size and Forecast (2018-2029)
        11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
        11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
    12.1 Zero Emission Vehicle (ZEV) Market Drivers
    12.2 Zero Emission Vehicle (ZEV) Market Restraints
    12.3 Zero Emission Vehicle (ZEV) Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry
    12.5 Influence of COVID-19 and Russia-Ukraine War
        12.5.1 Influence of COVID-19
        12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
    13.1 Raw Material of Zero Emission Vehicle (ZEV) and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Zero Emission Vehicle (ZEV)
    13.3 Zero Emission Vehicle (ZEV) Production Process
    13.4 Zero Emission Vehicle (ZEV) Industrial Chain

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Zero Emission Vehicle (ZEV) Typical Distributors
    14.3 Zero Emission Vehicle (ZEV) Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Zero Emission Vehicle (ZEV) Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global Zero Emission Vehicle (ZEV) Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. Tesla Basic Information, Manufacturing Base and Competitors
    Table 4. Tesla Major Business
    Table 5. Tesla Zero Emission Vehicle (ZEV) Product and Services
    Table 6. Tesla Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 7. Tesla Recent Developments/Updates
    Table 8. BYD Basic Information, Manufacturing Base and Competitors
    Table 9. BYD Major Business
    Table 10. BYD Zero Emission Vehicle (ZEV) Product and Services
    Table 11. BYD Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 12. BYD Recent Developments/Updates
    Table 13. SAIC Basic Information, Manufacturing Base and Competitors
    Table 14. SAIC Major Business
    Table 15. SAIC Zero Emission Vehicle (ZEV) Product and Services
    Table 16. SAIC Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 17. SAIC Recent Developments/Updates
    Table 18. BAIC Basic Information, Manufacturing Base and Competitors
    Table 19. BAIC Major Business
    Table 20. BAIC Zero Emission Vehicle (ZEV) Product and Services
    Table 21. BAIC Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 22. BAIC Recent Developments/Updates
    Table 23. BMW Basic Information, Manufacturing Base and Competitors
    Table 24. BMW Major Business
    Table 25. BMW Zero Emission Vehicle (ZEV) Product and Services
    Table 26. BMW Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 27. BMW Recent Developments/Updates
    Table 28. Hyundai & Kia Basic Information, Manufacturing Base and Competitors
    Table 29. Hyundai & Kia Major Business
    Table 30. Hyundai & Kia Zero Emission Vehicle (ZEV) Product and Services
    Table 31. Hyundai & Kia Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 32. Hyundai & Kia Recent Developments/Updates
    Table 33. GEELY Basic Information, Manufacturing Base and Competitors
    Table 34. GEELY Major Business
    Table 35. GEELY Zero Emission Vehicle (ZEV) Product and Services
    Table 36. GEELY Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 37. GEELY Recent Developments/Updates
    Table 38. Nissan Basic Information, Manufacturing Base and Competitors
    Table 39. Nissan Major Business
    Table 40. Nissan Zero Emission Vehicle (ZEV) Product and Services
    Table 41. Nissan Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 42. Nissan Recent Developments/Updates
    Table 43. Volkswagen Basic Information, Manufacturing Base and Competitors
    Table 44. Volkswagen Major Business
    Table 45. Volkswagen Zero Emission Vehicle (ZEV) Product and Services
    Table 46. Volkswagen Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 47. Volkswagen Recent Developments/Updates
    Table 48. Renault Basic Information, Manufacturing Base and Competitors
    Table 49. Renault Major Business
    Table 50. Renault Zero Emission Vehicle (ZEV) Product and Services
    Table 51. Renault Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 52. Renault Recent Developments/Updates
    Table 53. JAC Basic Information, Manufacturing Base and Competitors
    Table 54. JAC Major Business
    Table 55. JAC Zero Emission Vehicle (ZEV) Product and Services
    Table 56. JAC Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 57. JAC Recent Developments/Updates
    Table 58. TOYOTA Basic Information, Manufacturing Base and Competitors
    Table 59. TOYOTA Major Business
    Table 60. TOYOTA Zero Emission Vehicle (ZEV) Product and Services
    Table 61. TOYOTA Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 62. TOYOTA Recent Developments/Updates
    Table 63. Mitsubishi Basic Information, Manufacturing Base and Competitors
    Table 64. Mitsubishi Major Business
    Table 65. Mitsubishi Zero Emission Vehicle (ZEV) Product and Services
    Table 66. Mitsubishi Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 67. Mitsubishi Recent Developments/Updates
    Table 68. Chery Basic Information, Manufacturing Base and Competitors
    Table 69. Chery Major Business
    Table 70. Chery Zero Emission Vehicle (ZEV) Product and Services
    Table 71. Chery Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 72. Chery Recent Developments/Updates
    Table 73. VOLVO Basic Information, Manufacturing Base and Competitors
    Table 74. VOLVO Major Business
    Table 75. VOLVO Zero Emission Vehicle (ZEV) Product and Services
    Table 76. VOLVO Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. VOLVO Recent Developments/Updates
    Table 78. GAC Motor Basic Information, Manufacturing Base and Competitors
    Table 79. GAC Motor Major Business
    Table 80. GAC Motor Zero Emission Vehicle (ZEV) Product and Services
    Table 81. GAC Motor Zero Emission Vehicle (ZEV) Sales Quantity (K Units), Average Price (K USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 82. GAC Motor Recent Developments/Updates
    Table 83. Global Zero Emission Vehicle (ZEV) Sales Quantity by Manufacturer (2018-2023) & (K Units)
    Table 84. Global Zero Emission Vehicle (ZEV) Revenue by Manufacturer (2018-2023) & (USD Million)
    Table 85. Global Zero Emission Vehicle (ZEV) Average Price by Manufacturer (2018-2023) & (K USD/Unit)
    Table 86. Market Position of Manufacturers in Zero Emission Vehicle (ZEV), (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
    Table 87. Head Office and Zero Emission Vehicle (ZEV) Production Site of Key Manufacturer
    Table 88. Zero Emission Vehicle (ZEV) Market: Company Product Type Footprint
    Table 89. Zero Emission Vehicle (ZEV) Market: Company Product Application Footprint
    Table 90. Zero Emission Vehicle (ZEV) New Market Entrants and Barriers to Market Entry
    Table 91. Zero Emission Vehicle (ZEV) Mergers, Acquisition, Agreements, and Collaborations
    Table 92. Global Zero Emission Vehicle (ZEV) Sales Quantity by Region (2018-2023) & (K Units)
    Table 93. Global Zero Emission Vehicle (ZEV) Sales Quantity by Region (2024-2029) & (K Units)
    Table 94. Global Zero Emission Vehicle (ZEV) Consumption Value by Region (2018-2023) & (USD Million)
    Table 95. Global Zero Emission Vehicle (ZEV) Consumption Value by Region (2024-2029) & (USD Million)
    Table 96. Global Zero Emission Vehicle (ZEV) Average Price by Region (2018-2023) & (K USD/Unit)
    Table 97. Global Zero Emission Vehicle (ZEV) Average Price by Region (2024-2029) & (K USD/Unit)
    Table 98. Global Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2023) & (K Units)
    Table 99. Global Zero Emission Vehicle (ZEV) Sales Quantity by Type (2024-2029) & (K Units)
    Table 100. Global Zero Emission Vehicle (ZEV) Consumption Value by Type (2018-2023) & (USD Million)
    Table 101. Global Zero Emission Vehicle (ZEV) Consumption Value by Type (2024-2029) & (USD Million)
    Table 102. Global Zero Emission Vehicle (ZEV) Average Price by Type (2018-2023) & (K USD/Unit)
    Table 103. Global Zero Emission Vehicle (ZEV) Average Price by Type (2024-2029) & (K USD/Unit)
    Table 104. Global Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2023) & (K Units)
    Table 105. Global Zero Emission Vehicle (ZEV) Sales Quantity by Application (2024-2029) & (K Units)
    Table 106. Global Zero Emission Vehicle (ZEV) Consumption Value by Application (2018-2023) & (USD Million)
    Table 107. Global Zero Emission Vehicle (ZEV) Consumption Value by Application (2024-2029) & (USD Million)
    Table 108. Global Zero Emission Vehicle (ZEV) Average Price by Application (2018-2023) & (K USD/Unit)
    Table 109. Global Zero Emission Vehicle (ZEV) Average Price by Application (2024-2029) & (K USD/Unit)
    Table 110. North America Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2023) & (K Units)
    Table 111. North America Zero Emission Vehicle (ZEV) Sales Quantity by Type (2024-2029) & (K Units)
    Table 112. North America Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2023) & (K Units)
    Table 113. North America Zero Emission Vehicle (ZEV) Sales Quantity by Application (2024-2029) & (K Units)
    Table 114. North America Zero Emission Vehicle (ZEV) Sales Quantity by Country (2018-2023) & (K Units)
    Table 115. North America Zero Emission Vehicle (ZEV) Sales Quantity by Country (2024-2029) & (K Units)
    Table 116. North America Zero Emission Vehicle (ZEV) Consumption Value by Country (2018-2023) & (USD Million)
    Table 117. North America Zero Emission Vehicle (ZEV) Consumption Value by Country (2024-2029) & (USD Million)
    Table 118. Europe Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2023) & (K Units)
    Table 119. Europe Zero Emission Vehicle (ZEV) Sales Quantity by Type (2024-2029) & (K Units)
    Table 120. Europe Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2023) & (K Units)
    Table 121. Europe Zero Emission Vehicle (ZEV) Sales Quantity by Application (2024-2029) & (K Units)
    Table 122. Europe Zero Emission Vehicle (ZEV) Sales Quantity by Country (2018-2023) & (K Units)
    Table 123. Europe Zero Emission Vehicle (ZEV) Sales Quantity by Country (2024-2029) & (K Units)
    Table 124. Europe Zero Emission Vehicle (ZEV) Consumption Value by Country (2018-2023) & (USD Million)
    Table 125. Europe Zero Emission Vehicle (ZEV) Consumption Value by Country (2024-2029) & (USD Million)
    Table 126. Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2023) & (K Units)
    Table 127. Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity by Type (2024-2029) & (K Units)
    Table 128. Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2023) & (K Units)
    Table 129. Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity by Application (2024-2029) & (K Units)
    Table 130. Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity by Region (2018-2023) & (K Units)
    Table 131. Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity by Region (2024-2029) & (K Units)
    Table 132. Asia-Pacific Zero Emission Vehicle (ZEV) Consumption Value by Region (2018-2023) & (USD Million)
    Table 133. Asia-Pacific Zero Emission Vehicle (ZEV) Consumption Value by Region (2024-2029) & (USD Million)
    Table 134. South America Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2023) & (K Units)
    Table 135. South America Zero Emission Vehicle (ZEV) Sales Quantity by Type (2024-2029) & (K Units)
    Table 136. South America Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2023) & (K Units)
    Table 137. South America Zero Emission Vehicle (ZEV) Sales Quantity by Application (2024-2029) & (K Units)
    Table 138. South America Zero Emission Vehicle (ZEV) Sales Quantity by Country (2018-2023) & (K Units)
    Table 139. South America Zero Emission Vehicle (ZEV) Sales Quantity by Country (2024-2029) & (K Units)
    Table 140. South America Zero Emission Vehicle (ZEV) Consumption Value by Country (2018-2023) & (USD Million)
    Table 141. South America Zero Emission Vehicle (ZEV) Consumption Value by Country (2024-2029) & (USD Million)
    Table 142. Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity by Type (2018-2023) & (K Units)
    Table 143. Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity by Type (2024-2029) & (K Units)
    Table 144. Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity by Application (2018-2023) & (K Units)
    Table 145. Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity by Application (2024-2029) & (K Units)
    Table 146. Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity by Region (2018-2023) & (K Units)
    Table 147. Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity by Region (2024-2029) & (K Units)
    Table 148. Middle East & Africa Zero Emission Vehicle (ZEV) Consumption Value by Region (2018-2023) & (USD Million)
    Table 149. Middle East & Africa Zero Emission Vehicle (ZEV) Consumption Value by Region (2024-2029) & (USD Million)
    Table 150. Zero Emission Vehicle (ZEV) Raw Material
    Table 151. Key Manufacturers of Zero Emission Vehicle (ZEV) Raw Materials
    Table 152. Zero Emission Vehicle (ZEV) Typical Distributors
    Table 153. Zero Emission Vehicle (ZEV) Typical Customers
List of Figures
    Figure 1. Zero Emission Vehicle (ZEV) Picture
    Figure 2. Global Zero Emission Vehicle (ZEV) Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global Zero Emission Vehicle (ZEV) Consumption Value Market Share by Type in 2022
    Figure 4. BEV Examples
    Figure 5. PHEV Examples
    Figure 6. Global Zero Emission Vehicle (ZEV) Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 7. Global Zero Emission Vehicle (ZEV) Consumption Value Market Share by Application in 2022
    Figure 8. Home Use Examples
    Figure 9. Commercial Use Examples
    Figure 10. Global Zero Emission Vehicle (ZEV) Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 11. Global Zero Emission Vehicle (ZEV) Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 12. Global Zero Emission Vehicle (ZEV) Sales Quantity (2018-2029) & (K Units)
    Figure 13. Global Zero Emission Vehicle (ZEV) Average Price (2018-2029) & (K USD/Unit)
    Figure 14. Global Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Manufacturer in 2022
    Figure 15. Global Zero Emission Vehicle (ZEV) Consumption Value Market Share by Manufacturer in 2022
    Figure 16. Producer Shipments of Zero Emission Vehicle (ZEV) by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
    Figure 17. Top 3 Zero Emission Vehicle (ZEV) Manufacturer (Consumption Value) Market Share in 2022
    Figure 18. Top 6 Zero Emission Vehicle (ZEV) Manufacturer (Consumption Value) Market Share in 2022
    Figure 19. Global Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Region (2018-2029)
    Figure 20. Global Zero Emission Vehicle (ZEV) Consumption Value Market Share by Region (2018-2029)
    Figure 21. North America Zero Emission Vehicle (ZEV) Consumption Value (2018-2029) & (USD Million)
    Figure 22. Europe Zero Emission Vehicle (ZEV) Consumption Value (2018-2029) & (USD Million)
    Figure 23. Asia-Pacific Zero Emission Vehicle (ZEV) Consumption Value (2018-2029) & (USD Million)
    Figure 24. South America Zero Emission Vehicle (ZEV) Consumption Value (2018-2029) & (USD Million)
    Figure 25. Middle East & Africa Zero Emission Vehicle (ZEV) Consumption Value (2018-2029) & (USD Million)
    Figure 26. Global Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Type (2018-2029)
    Figure 27. Global Zero Emission Vehicle (ZEV) Consumption Value Market Share by Type (2018-2029)
    Figure 28. Global Zero Emission Vehicle (ZEV) Average Price by Type (2018-2029) & (K USD/Unit)
    Figure 29. Global Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Application (2018-2029)
    Figure 30. Global Zero Emission Vehicle (ZEV) Consumption Value Market Share by Application (2018-2029)
    Figure 31. Global Zero Emission Vehicle (ZEV) Average Price by Application (2018-2029) & (K USD/Unit)
    Figure 32. North America Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Type (2018-2029)
    Figure 33. North America Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Application (2018-2029)
    Figure 34. North America Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Country (2018-2029)
    Figure 35. North America Zero Emission Vehicle (ZEV) Consumption Value Market Share by Country (2018-2029)
    Figure 36. United States Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 37. Canada Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 38. Mexico Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 39. Europe Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Type (2018-2029)
    Figure 40. Europe Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Application (2018-2029)
    Figure 41. Europe Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Country (2018-2029)
    Figure 42. Europe Zero Emission Vehicle (ZEV) Consumption Value Market Share by Country (2018-2029)
    Figure 43. Germany Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 44. France Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 45. United Kingdom Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 46. Russia Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 47. Italy Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 48. Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Type (2018-2029)
    Figure 49. Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Application (2018-2029)
    Figure 50. Asia-Pacific Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Region (2018-2029)
    Figure 51. Asia-Pacific Zero Emission Vehicle (ZEV) Consumption Value Market Share by Region (2018-2029)
    Figure 52. China Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 53. Japan Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 54. Korea Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 55. India Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 56. Southeast Asia Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 57. Australia Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 58. South America Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Type (2018-2029)
    Figure 59. South America Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Application (2018-2029)
    Figure 60. South America Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Country (2018-2029)
    Figure 61. South America Zero Emission Vehicle (ZEV) Consumption Value Market Share by Country (2018-2029)
    Figure 62. Brazil Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 63. Argentina Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 64. Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Type (2018-2029)
    Figure 65. Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Application (2018-2029)
    Figure 66. Middle East & Africa Zero Emission Vehicle (ZEV) Sales Quantity Market Share by Region (2018-2029)
    Figure 67. Middle East & Africa Zero Emission Vehicle (ZEV) Consumption Value Market Share by Region (2018-2029)
    Figure 68. Turkey Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 69. Egypt Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 70. Saudi Arabia Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 71. South Africa Zero Emission Vehicle (ZEV) Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 72. Zero Emission Vehicle (ZEV) Market Drivers
    Figure 73. Zero Emission Vehicle (ZEV) Market Restraints
    Figure 74. Zero Emission Vehicle (ZEV) Market Trends
    Figure 75. Porters Five Forces Analysis
    Figure 76. Manufacturing Cost Structure Analysis of Zero Emission Vehicle (ZEV) in 2022
    Figure 77. Manufacturing Process Analysis of Zero Emission Vehicle (ZEV)
    Figure 78. Zero Emission Vehicle (ZEV) Industrial Chain
    Figure 79. Sales Quantity Channel: Direct to End-User vs Distributors
    Figure 80. Direct Channel Pros & Cons
    Figure 81. Indirect Channel Pros & Cons
    Figure 82. Methodology
    Figure 83. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Related Reports

Global Zero Emission Vehicle (ZEV) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Zero Emission Vehicle (ZEV) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

date 02 Jan 2024

date Automobile & Transportation

According to our (Global Info Research) latest study, the global Zero Emission Vehicle (ZEV) market size was valued at USD 92000 million in 2023 and is forecast to a readjusted size of USD 346600 million by 2030 with a CAGR of 20.9% during review period.

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