The document provides an overview and outline of a report on the global electric vehicle components market from 2015 to 2025. It includes market segmentation by region, component, vehicle type, and sales channel. The market is expected to grow significantly due to increasing electric vehicle sales driven by greater environmental awareness and government subsidies. The report will analyze historical market size and share and provide forecasts for future growth across various segments and geographies. It will also examine key industry players, market drivers and restraints, trends, and strategic recommendations.

1. MARKET INTELLIGENCE . CONSULTING
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GLOBAL ELECTRIC VEHICLE COMPONENTS MARKET
FORECAST & OPPORTUNITIES
2015 – 2025

2. 2
Scope of Report
Product of Interest (POI): Electric Vehicle Components
Review Period
2015 – 2018
Base Year
2019
Estimated Year
2020
Forecast Period
2021 – 2025
Year Range
REGION
• North America
• Europe
• Middle East & Africa
• Asia-Pacific
• South America
The global electric vehicle components market is expected to witness significant growth
during the forecast period owing to surging sales of electric vehicles on the back of
growing awareness about vehicle emission and government subsidies on purchase of
these vehicles. As the electric vehicle market continues to expand, replacement demand
is expected to increase in the future years. On account of favorable government policies
for pushing the sales of electric passenger cars, market share of this vehicle segment is
projected to increase over the next five years.
Market Segmentation
COMPONENT
• Battery Pack
• Electric Motor
• Controller
• Vehicle Interface Control Module
• Others
SALES CHANNEL
• OEM
• Aftermarket
VEHICLE TYPE
• Electric Passenger Car
• Electric Commercial
Vehicle
• Electric Two-Wheeler
• Electric Three-Wheeler

3. 3
Table of Contents
S. No. Contents Page No.
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global Electric Vehicle Components Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component (Battery Pack, Electric Motor; Controller, Vehicle Interface Control Module, Others)
5.2.2.
By Vehicle Type (Electric Passenger Car, Electric Commercial Vehicle, Electric Two-Wheeler,
Electric Three-Wheeler)
5.2.3. By Sales Channel (OEM vs Aftermarket)
5.2.4. By Region (Asia-Pacific, Europe, North America, South America, Middle East & Africa)
5.2.5. By Company (2019)
5.3. Market Attractiveness Index
6. Asia-Pacific Electric Vehicle Components Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value

4. 4
Table of Contents
S. No. Contents Page No.
6.2. Market Share & Forecast
6.2.1. By Component
6.2.2. By Vehicle Type
6.2.3. By Sales Channel
6.2.4. By Country
6.3. Asia-Pacific: Country Analysis
6.3.1. China Electric Vehicle Components Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Component
6.3.1.2.2. By Vehicle Type
6.3.1.2.3. By Sales Channel
6.3.2. India Electric Vehicle Components Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Component
6.3.2.2.2. By Vehicle Type
6.3.2.2.3. By Sales Channel
6.3.3. Japan Electric Vehicle Components Market Outlook
6.3.3.1. Market Size & Forecast

5. 5
Table of Contents
S. No. Contents Page No.
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Component
6.3.3.2.2. By Vehicle Type
6.3.3.2.3. By Sales Channel
6.3.4. South Korea Electric Vehicle Components Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Component
6.3.4.2.2. By Vehicle Type
6.3.4.2.3. By Sales Channel
6.3.5. Australia Electric Vehicle Components Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Component
6.3.5.2.2. By Vehicle Type
6.3.5.2.3. By Sales Channel
7. Europe Electric Vehicle Components Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast

6. 6
Table of Contents
S. No. Contents Page No.
7.2.1. By Component
7.2.2. By Vehicle Type
7.2.3. By Sales Channel
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. France Electric Vehicle Components Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By Vehicle Type
7.3.1.2.3. By Sales Channel
7.3.2. Germany Electric Vehicle Components Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By Vehicle Type
7.3.2.2.3. By Sales Channel
7.3.3. United Kingdom Electric Vehicle Components Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast

7. 7
Table of Contents
S. No. Contents Page No.
7.3.3.2.1. By Component
7.3.3.2.2. By Vehicle Type
7.3.3.2.3. By Sales Channel
7.3.4. Italy Electric Vehicle Components Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Component
7.3.4.2.2. By Vehicle Type
7.3.4.2.3. By Sales Channel
7.3.5. Spain Electric Vehicle Components Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Component
7.3.5.2.2. By Vehicle Type
7.3.5.2.3. By Sales Channel
8. North America Electric Vehicle Components Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Vehicle Type

8. 8
Table of Contents
S. No. Contents Page No.
8.2.3. By Sales Channel
8.2.4. By Country
8.3. North America: Country Analysis
8.3.1. United States Electric Vehicle Components Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By Vehicle Type
8.3.1.2.3. By Sales Channel
8.3.2. Mexico Electric Vehicle Components Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By Vehicle Type
8.3.2.2.3. By Sales Channel
8.3.3. Canada Electric Vehicle Components Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By Vehicle Type

9. 9
Table of Contents
S. No. Contents Page No.
8.3.3.2.3. By Sales Channel
9. South America Electric Vehicle Components Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component
9.2.2. By Vehicle Type
9.2.3. By Sales Channel
9.2.4. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Electric Vehicle Components Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Component
9.3.1.2.2. By Vehicle Type
9.3.1.2.3. By Sales Channel
9.3.2. Argentina Electric Vehicle Components Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1 By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Component
9.3.2.2.2. By Vehicle Type

10. 10
Table of Contents
S. No. Contents Page No.
9.3.2.2.3. By Sales Channel
9.3.3. Colombia Electric Vehicle Components Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Component
9.3.3.2.2. By Vehicle Type
9.3.3.2.3. By Sales Channel
10. Middle East & Africa Electric Vehicle Components Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component
10.2.2. By Vehicle Type
10.2.3. By Sales Channel
10.2.4. By Country
10.3. Middle East & Africa: Country Analysis
10.3.1. South Africa Electric Vehicle Components Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Component
10.3.1.2.2. By Vehicle Type

11. 11
Table of Contents
S. No. Contents Page No.
10.3.1.2.3. By Sales Channel
10.3.2. Saudi Arabia Electric Vehicle Components Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Component
10.3.2.2.2. By Vehicle Type
10.3.2.2.3. By Sales Channel
10.3.3. UAE Electric Vehicle Components Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Component
10.3.3.2.2. By Vehicle Type
10.3.3.2.3. By Sales Channel
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends and Developments
13. Competitive Landscape
13.2. Company Profiles
14. Strategic Recommendations
15. About Us and Disclaimer

12. RESEARCH
METHODOLOGY

13. 13
Research Methodology
 Identifying Key Opinion
Leaders
 Questionnaire Design
 In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
the global electric vehicle
components market,
overall market size and
segmental market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the global electric vehicle
components market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
 Recent Developments
 Market Changing
Aspects/Dynamics
 Government Policies
 Conclusion
 Market Participants
 Key Strengths
 LinkedIn
 TechSci Internal
Database
 Factiva
 Hoovers
Paid Sources
 Company Websites
 Company Annual
Reports
 White Paper Study
 Financial Reports
 Investor
Presentations
 Regulatory Body
 Associations, etc.
Secondary
Research
Primary Research

14. 14
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of the global electric vehicle components market.
segments of this market, while considering the major influencing factors such as rising demand for electric vehicles and deteriorating
the electric vehicles component market . The study includes market forecasting, which would enable our clients to take better decisions
sustainability in the global electric vehicle components market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value: Market size, in terms of value, for the year 2019 was calculated based on information collected through
exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as electric vehicle
influencers & end users, industry experts, and other industry participants.
• The team interviewed more than 15 – 20 electric vehicle components companies, 100 – 120 end users, and 15 – 20 industry experts
electric vehicle components market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi
the market size was averaged out, to arrive at the market size data during 2015-2019.
• Respondents were asked about the current and future market growth rates, market shares by component, by vehicle type, by sales
the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments
shares. Revenue shares generated across various segments were further triangulated from other stakeholders.

15. 15
Research Methodology
Methodology Followed for Calculation of Market Shares:
Market shares by component, by vehicle type, by sales channel, by region and by company were calculated based on the responses
experts, in which the respondents were asked about the market shares or revenue generated from various segments of electric vehicle
calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global
Research used various forecast techniques such as:
 Moving Average
 Time Series Analysis
 Regression Analysis
 Econometric and Judgmental Analysis

16. 16
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during
short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market
including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million.
Partial List of Companies Interviewed Key Secondary Sources
 Robert Bosch GmbH
 Denso Corporation
 Samsung SDI Co. Ltd.
 Contemporary Amperex Technology Co. Ltd. (CATL)
 BYD Co. Ltd.
 Siemens AG
 Hitachi Ltd.
 Mitsubishi Electric Corp.
 OptimumNano Energy Co. Ltd.
 World Bank
 TechSci Research Proprietary Database & Knowledge Repository
 Company Annual Reports
 Industry Magazines
 Industry Reports
 News Dailies
 Credible Paid Databases

17. 17
INDUSTRY BRIEF
According to TechSci Research report, “Global Electric Vehicle Components Market By Component, By Vehicle Type, By End User, By Region, Competition,
Forecast & Opportunities, 2025”, the global electric vehicle components market is predicted to grow at CAGR of close to 30% during the forecast period on
account of growing awareness pertaining to vehicle pollution. As a result, people are readily adopting electric vehicles and governments in various countries
have introduced schemes such as incentives, subsidies, tax rebates, etc., to push the sales of electric vehicles across the globe. Growing production and sales
of electric vehicles is also projected to contribute towards the demand for electric vehicle components during the next five years.
Electric vehicle components market, globally, can be segmented based on component, vehicle type, end user and region. Based on component, market can be
segregated into battery pack, electric motor, controller, vehicle interface control module, among others. Battery pack is expected to hold the largest share as the
segment contributes roughly 30-40% to the overall cost of an electric vehicle and plays pivotal role in vehicle operation.
Robert Bosch GmbH, Denso Corporation, Samsung SDI Co. Ltd., Contemporary Amperex Technology Co. Ltd. (CATL), BYD Co. Ltd., Siemens AG, Hitachi
Ltd., Mitsubishi Electric Corp., OptimumNano Energy Co. Ltd., among others are the leading players operating in global electric vehicle components market. The
automotive players in the market are focusing on organic strategies such as product development to retain their lead in the market. For instance, earlier
automakers used lithium-iron phosphate or LFP batteries as it has longer life cycle but in the past few years, players are switching to lithium nickel manganese
cobalt oxide (NMC) batteries as it helps to extend the range of the electric vehicle.
“Asia-Pacific is expected to lead the global electric vehicle components market on account of early adoption of electric vehicle fleet in countries like China, India,
Japan and presence of leading automotive players in the region. Additionally, presence of adequate electric vehicle charging infrastructure and increasing
government focus on electrification of public fleets is anticipated to propel electric vehicle components market in the region over the next five years.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

18. 18
SAMPLE DATA - SNAPSHOT
Global Electric Vehicle Components Market Size, By Value (USD Million), 2015-2025F
5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
2015 2019 2020E 2025F
By Value (USD Million)
CAGR By Value CAGR By Value
XX% YY%
United States Electric Vehicle Components Market Share, By Component, By Value, 2015–2025F
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
2015
2016
2017
2018
2019
2020E
2021F
2022F
2023F
2024F
2025F
Battery Pack Electric Motor Controller Vehicle Interface Control Module Others
North America Electric Vehicle Components Market Share, By Vehicle Type, By Value, 2015–2025F
30%
30%
30%
30%
30%
30%
30%
30%
30%
30%
30%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
30%
30%
30%
30%
30%
30%
30%
30%
30%
30%
30%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
2015
2016
2017
2018
2019
2020E
2021F
2022F
2023F
2024F
2025F
Electric Passenger Car Electric Commercial Vehicle Electric Two-Wheeler Electric Three-Wheeler

19. 19
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FORECAST & OPPORTUNITIES
2015 – 2025
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20. About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality
analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global
company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,
accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it
considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible
for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the
subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this
document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior
approval of TechSci Research.
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