| Product Code: ETC11851927 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The electric vehicles component import shipments to Cyprus in 2024 continued to be dominated by key exporters such as Italy, Greece, China, Germany, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market with these top countries leading the way. The impressive compound annual growth rate (CAGR) of 27.48% from 2020 to 2024 reflects the increasing demand for electric vehicle components in Cyprus. Furthermore, the exceptional growth rate of 74.46% from 2023 to 2024 highlights the rapid expansion of this market segment. Cyprus is poised for continued growth in the electric vehicles sector.

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 Cyprus Electric Vehicles Component Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Electric Vehicles Component Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Electric Vehicles Component Market - Industry Life Cycle |
3.4 Cyprus Electric Vehicles Component Market - Porter's Five Forces |
3.5 Cyprus Electric Vehicles Component Market Revenues & Volume Share, By Component Type, 2021 & 2031F |
3.6 Cyprus Electric Vehicles Component Market Revenues & Volume Share, By Features, 2021 & 2031F |
3.7 Cyprus Electric Vehicles Component Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cyprus Electric Vehicles Component Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Cyprus Electric Vehicles Component Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Cyprus Electric Vehicles Component Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Electric Vehicles Component Market Trends |
6 Cyprus Electric Vehicles Component Market, By Types |
6.1 Cyprus Electric Vehicles Component Market, By Component Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Electric Vehicles Component Market Revenues & Volume, By Component Type, 2021 - 2031F |
6.1.3 Cyprus Electric Vehicles Component Market Revenues & Volume, By Power Electronics, 2021 - 2031F |
6.1.4 Cyprus Electric Vehicles Component Market Revenues & Volume, By Charging Interface, 2021 - 2031F |
6.1.5 Cyprus Electric Vehicles Component Market Revenues & Volume, By EV Sensors, 2021 - 2031F |
6.1.6 Cyprus Electric Vehicles Component Market Revenues & Volume, By Electric Axles, 2021 - 2031F |
6.2 Cyprus Electric Vehicles Component Market, By Features |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Electric Vehicles Component Market Revenues & Volume, By High Efficiency, 2021 - 2031F |
6.2.3 Cyprus Electric Vehicles Component Market Revenues & Volume, By Smart Connectivity, 2021 - 2031F |
6.2.4 Cyprus Electric Vehicles Component Market Revenues & Volume, By Precision Monitoring, 2021 - 2031F |
6.2.5 Cyprus Electric Vehicles Component Market Revenues & Volume, By Compact & Lightweight, 2021 - 2031F |
6.3 Cyprus Electric Vehicles Component Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Electric Vehicles Component Market Revenues & Volume, By EV Powertrains, 2021 - 2031F |
6.3.3 Cyprus Electric Vehicles Component Market Revenues & Volume, By Charging Infrastructure, 2021 - 2031F |
6.3.4 Cyprus Electric Vehicles Component Market Revenues & Volume, By ADAS & Safety Systems, 2021 - 2031F |
6.3.5 Cyprus Electric Vehicles Component Market Revenues & Volume, By EV Drivetrains, 2021 - 2031F |
6.4 Cyprus Electric Vehicles Component Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Electric Vehicles Component Market Revenues & Volume, By EV Manufacturers, 2021 - 2031F |
6.4.3 Cyprus Electric Vehicles Component Market Revenues & Volume, By Charging Station Operators, 2021 - 2031F |
6.4.4 Cyprus Electric Vehicles Component Market Revenues & Volume, By Automotive OEMs, 2021 - 2031F |
6.4.5 Cyprus Electric Vehicles Component Market Revenues & Volume, By Auto Manufacturers, 2021 - 2031F |
6.5 Cyprus Electric Vehicles Component Market, By Material |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Electric Vehicles Component Market Revenues & Volume, By Silicon Carbide, 2021 - 2031F |
6.5.3 Cyprus Electric Vehicles Component Market Revenues & Volume, By Conductive Polymers, 2021 - 2031F |
6.5.4 Cyprus Electric Vehicles Component Market Revenues & Volume, By MEMS Sensors, 2021 - 2031F |
6.5.5 Cyprus Electric Vehicles Component Market Revenues & Volume, By Advanced Composites, 2021 - 2031F |
7 Cyprus Electric Vehicles Component Market Import-Export Trade Statistics |
7.1 Cyprus Electric Vehicles Component Market Export to Major Countries |
7.2 Cyprus Electric Vehicles Component Market Imports from Major Countries |
8 Cyprus Electric Vehicles Component Market Key Performance Indicators |
9 Cyprus Electric Vehicles Component Market - Opportunity Assessment |
9.1 Cyprus Electric Vehicles Component Market Opportunity Assessment, By Component Type, 2021 & 2031F |
9.2 Cyprus Electric Vehicles Component Market Opportunity Assessment, By Features, 2021 & 2031F |
9.3 Cyprus Electric Vehicles Component Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cyprus Electric Vehicles Component Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Cyprus Electric Vehicles Component Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Cyprus Electric Vehicles Component Market - Competitive Landscape |
10.1 Cyprus Electric Vehicles Component Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Electric Vehicles Component Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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