| Product Code: ETC5897904 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The vehicle electrification market in Greece is seeing significant growth as the country transitions towards electric vehicles (EVs) and hybrid models to reduce emissions and promote sustainability. This shift is supported by government incentives, infrastructure development, and consumer interest in cleaner energy options. The market includes the development of EV components such as batteries, electric motors, and charging stations.
The market for vehicle electrification in Greece is driven by government incentives for electric vehicles (EVs), rising fuel prices, and environmental awareness. Policies promoting reduced emissions and the expansion of charging infrastructure are also critical drivers. Technological advancements in battery efficiency and cost reductions in EV components further support the transition to electrified transport.
The Vehicle Electrification market in Greece faces infrastructural challenges, including a lack of widespread charging stations. High costs of electric vehicle components and limited government incentives further slow the adoption of electrified transportation.
The Vehicle Electrification market in Greece has witnessed substantial growth driven by increasing emphasis on sustainability and reducing dependence on fossil fuels. Government policies promoting clean energy and reducing carbon emissions have played a crucial role in driving vehicle electrification. Regulations supporting the adoption of electric vehicles and infrastructure development have further encouraged market expansion.
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 Greece Vehicle Electrification Market Overview |
3.1 Greece Country Macro Economic Indicators |
3.2 Greece Vehicle Electrification Market Revenues & Volume, 2021 & 2031F |
3.3 Greece Vehicle Electrification Market - Industry Life Cycle |
3.4 Greece Vehicle Electrification Market - Porter's Five Forces |
3.5 Greece Vehicle Electrification Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Greece Vehicle Electrification Market Revenues & Volume Share, By Degree of Hybridization, 2021 & 2031F |
4 Greece Vehicle Electrification Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government incentives and subsidies for electric vehicles in Greece |
4.2.2 Growing environmental awareness leading to a shift towards sustainable transportation solutions |
4.2.3 Advancements in battery technology leading to improved range and performance of electric vehicles |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles compared to traditional internal combustion engine vehicles |
4.3.2 Limited charging infrastructure in Greece hindering widespread adoption of electric vehicles |
5 Greece Vehicle Electrification Market Trends |
6 Greece Vehicle Electrification Market Segmentations |
6.1 Greece Vehicle Electrification Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Greece Vehicle Electrification Market Revenues & Volume, By Start/Stop System, 2021-2031F |
6.1.3 Greece Vehicle Electrification Market Revenues & Volume, By Electric Power Steering (EPS), 2021-2031F |
6.1.4 Greece Vehicle Electrification Market Revenues & Volume, By Electric Air-Conditioner Compressor, 2021-2031F |
6.1.5 Greece Vehicle Electrification Market Revenues & Volume, By Electric Vacuum Pump, 2021-2031F |
6.1.6 Greece Vehicle Electrification Market Revenues & Volume, By Electric Oil Pump, 2021-2031F |
6.1.7 Greece Vehicle Electrification Market Revenues & Volume, By Electric Water Pump, 2021-2031F |
6.1.9 Greece Vehicle Electrification Market Revenues & Volume, By Integrated Starter Generator (ISG), 2021-2031F |
6.1.10 Greece Vehicle Electrification Market Revenues & Volume, By Integrated Starter Generator (ISG), 2021-2031F |
6.2 Greece Vehicle Electrification Market, By Degree of Hybridization |
6.2.1 Overview and Analysis |
6.2.2 Greece Vehicle Electrification Market Revenues & Volume, By Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle, 2021-2031F |
6.2.3 Greece Vehicle Electrification Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021-2031F |
6.2.4 Greece Vehicle Electrification Market Revenues & Volume, By Plug-In Hybrid Electric Vehicle (PHEV), 2021-2031F |
6.2.5 Greece Vehicle Electrification Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021-2031F |
6.2.6 Greece Vehicle Electrification Market Revenues & Volume, By 48 V, 2021-2031F |
7 Greece Vehicle Electrification Market Import-Export Trade Statistics |
7.1 Greece Vehicle Electrification Market Export to Major Countries |
7.2 Greece Vehicle Electrification Market Imports from Major Countries |
8 Greece Vehicle Electrification Market Key Performance Indicators |
8.1 Average charging station utilization rate in Greece |
8.2 Percentage of government budget allocated to electric vehicle incentives and infrastructure development |
8.3 Growth rate of electric vehicle registrations in Greece |
9 Greece Vehicle Electrification Market - Opportunity Assessment |
9.1 Greece Vehicle Electrification Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Greece Vehicle Electrification Market Opportunity Assessment, By Degree of Hybridization, 2021 & 2031F |
10 Greece Vehicle Electrification Market - Competitive Landscape |
10.1 Greece Vehicle Electrification Market Revenue Share, By Companies, 2024 |
10.2 Greece Vehicle Electrification Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |