| Product Code: ETC4578336 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Australia vehicle electrification market is witnessing significant growth driven by government incentives, increasing environmental awareness, and advancements in battery technology. Consumers are increasingly opting for electric vehicles (EVs) due to their lower operating costs and reduced emissions.
The push towards sustainability and reduced carbon emissions is a significant driver in the Australia vehicle electrification market. With increasing environmental awareness and government initiatives promoting electric vehicle adoption, there`s a growing demand for electrified vehicles among consumers and businesses alike.
The Australia vehicle electrification market faces challenges related to infrastructure development, including charging stations and grid capacity, which are essential for widespread adoption. Additionally, concerns about the range and reliability of electric vehicles may hinder consumer confidence.
The Australia government has implemented various policies to promote the adoption of electric vehicles (EVs) and support the growth of the vehicle electrification market. These include incentives such as rebates and subsidies for purchasing EVs, investment in charging infrastructure development, and regulatory measures to reduce emissions from traditional internal combustion engine vehicles.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Vehicle Electrification Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Vehicle Electrification Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Vehicle Electrification Market - Industry Life Cycle |
3.4 Australia Vehicle Electrification Market - Porter's Five Forces |
3.5 Australia Vehicle Electrification Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Australia Vehicle Electrification Market Revenues & Volume Share, By Degree of Hybridization, 2021 & 2031F |
4 Australia Vehicle Electrification Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government incentives and subsidies for electric vehicles. |
4.2.2 Growing environmental awareness leading to a shift towards cleaner transportation solutions. |
4.2.3 Technological advancements in battery technology and charging infrastructure. |
4.3 Market Restraints |
4.3.1 High initial costs of electric vehicles compared to traditional combustion engine vehicles. |
4.3.2 Limited availability of charging infrastructure in remote areas. |
4.3.3 Range anxiety among consumers due to limited driving range of electric vehicles. |
5 Australia Vehicle Electrification Market Trends |
6 Australia Vehicle Electrification Market, By Types |
6.1 Australia Vehicle Electrification Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Vehicle Electrification Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Australia Vehicle Electrification Market Revenues & Volume, By Start/Stop System, 2021-2031F |
6.1.4 Australia Vehicle Electrification Market Revenues & Volume, By Electric Power Steering (EPS), 2021-2031F |
6.1.5 Australia Vehicle Electrification Market Revenues & Volume, By Electric Air-Conditioner Compressor, 2021-2031F |
6.1.6 Australia Vehicle Electrification Market Revenues & Volume, By Electric Vacuum Pump, 2021-2031F |
6.1.7 Australia Vehicle Electrification Market Revenues & Volume, By Electric Oil Pump, 2021-2031F |
6.1.8 Australia Vehicle Electrification Market Revenues & Volume, By Electric Water Pump, 2021-2031F |
6.1.9 Australia Vehicle Electrification Market Revenues & Volume, By Integrated Starter Generator (ISG), 2021-2031F |
6.1.10 Australia Vehicle Electrification Market Revenues & Volume, By Integrated Starter Generator (ISG), 2021-2031F |
6.2 Australia Vehicle Electrification Market, By Degree of Hybridization |
6.2.1 Overview and Analysis |
6.2.2 Australia Vehicle Electrification Market Revenues & Volume, By Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle, 2021-2031F |
6.2.3 Australia Vehicle Electrification Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021-2031F |
6.2.4 Australia Vehicle Electrification Market Revenues & Volume, By Plug-In Hybrid Electric Vehicle (PHEV), 2021-2031F |
6.2.5 Australia Vehicle Electrification Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021-2031F |
6.2.6 Australia Vehicle Electrification Market Revenues & Volume, By 48 V, 2021-2031F |
7 Australia Vehicle Electrification Market Import-Export Trade Statistics |
7.1 Australia Vehicle Electrification Market Export to Major Countries |
7.2 Australia Vehicle Electrification Market Imports from Major Countries |
8 Australia Vehicle Electrification Market Key Performance Indicators |
8.1 Average charging stations per capita in key urban areas. |
8.2 Adoption rate of electric vehicles in fleet and commercial transportation. |
8.3 Percentage of renewable energy sources used for charging electric vehicles. |
8.4 Investment in research and development for improving battery technology. |
8.5 Government spending on infrastructure development for electric vehicle adoption. |
9 Australia Vehicle Electrification Market - Opportunity Assessment |
9.1 Australia Vehicle Electrification Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Australia Vehicle Electrification Market Opportunity Assessment, By Degree of Hybridization, 2021 & 2031F |
10 Australia Vehicle Electrification Market - Competitive Landscape |
10.1 Australia Vehicle Electrification Market Revenue Share, By Companies, 2024 |
10.2 Australia Vehicle Electrification Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |