Netherlands Electric Vehicle Market Shipment Analysis
The Netherlands Electric Vehicle Market registered a decline of -8.73% in value shipments in 2022 as compared to 2021 and an increase of 30.6% CAGR in 2022 over a period of 2017. In the Electric Vehicle Market Netherlands is becoming more competitive as the HHI index in 2022 was 1842 while in 2017 it was 2520. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
The Netherlands has reportedly relied more on domestic production to meet its growing demand in the Electric Vehicle Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of the Electric Vehicle Market in 2022 was 0.84 while in 2017 it was 0.99. Other Asia, nes, China, Germany, Lithuania and Czechia were among the top players in the market in 2022, where Other Asia, nes acquired the largest market share of 28.19% with a shipment value of 393.48 million USD in 2022 Other Asia, nes also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 39.78% with the shipment value of 122.57 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China's price is lower than the average price, it provided a significant edge over other competitors in 2017.
Netherlands Electric Vehicle Market Shipment Analysis
Netherlands Electric Vehicle Market registered a decline of -8.73% in value shipments in 2022 as compared to 2021 and an increase of 30.6% CAGR in 2022 over a period of 2017. In Electric Vehicle Market Netherlands is becoming more competitive as the HHI index in 2022 was 1842 while in 2017 it was 2520. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Netherlands has reportedly relied more on domestic production to meet its growing demand in Electric Vehicle Market. Netherlands is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Electric Vehicle Market in 2022 was 0.84 while in 2017 it was 0.99. Other Asia, nes, China, Germany, Lithuania and Czechia were among the top players of the market in 2022, where Other Asia, nes acquired the largest market share of 28.19% with a shipment value of 393.48 million USD in 2022 Other Asia, nes also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 39.78% with the shipment value of 122.57 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.
Netherlands Electric Vehicle Market Synopsis
Netherlands electric vehicle market is driven by growing government initiatives to create awareness regarding electric vehicles along with the growing number of on-road passenger car fleet sizes in the country. Moreover, the Morocco government is also providing subsidies for the purchase of electric vehicles resulting in a further increase in the demand for electric vehicles in the country. Further, the number of charging stations in the country is also growing to help the end-users to charge their vehicles' batteries easily which is one of the major factors, which would fuel the growth of the Netherlands electric vehicle market.
According to 6Wresearch, the Netherlands Electric Vehicle Market size is projected to grow during 2020-2026. The government has planned various policies and investments for public convenience in the transport sector such as buying only zero-emission buses in the future, ensuring that all buses that are anticipated to run on either renewable fuels or energy, which would lead to a surge in demand for electric vehicles, especially buses and trucks segment during the forecast period.
In the Netherlands, Amsterdam is expected to dominate the Netherlands electric vehicle market share during the forecast period due to incentives and supporting charging networks. Amsterdam is offering free charging and reserved parking space for battery electric vehicles. Moreover, the manufacturers are working to improve the technology by reducing the time taken to charge the vehicle and making the electric vehicle more efficient.
The Netherlands electric vehicle market report thoroughly covers the market by vehicle types and regions including northern, southern, eastern, and western regions. The Netherlands electric vehicle market outlook provides an unbiased and detailed analysis of the ongoing Netherlands electric vehicle market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Netherlands electric vehicle market is projected to witness progressive growth in the foreseeable future on the back of the potential growth of the automotive industry. Additionally, rising fleet facilities and using low-cost biofuel vehicles than conventional energy vehicles as less production of fossil fuel with high demand causes price crisis would be the key component for generating profitable opportunities in the market. Further, the maximum distance coverage facility provided by electric vehicles along with less consumption of biofuel energy is anticipated to increase the adoption of electric vehicles in the coming timeframe and would instigate the significant growth of the Netherlands electric vehicle market in the coming years.
Netherland electric vehicle market is expected to gain traction in the upcoming six years on the back of the increasing concern toward environmental degradation. Further, Plugin hybrid electric vehicle is estimated to be prominent for the market growth coupled with widespread charging infrastructure and are more likely to set up which indicates the sales of electric vehicles would multiply at the fastest pace in the country. Thereby it is expected to leave a positive impact on the growth of the Netherlands electric vehicle market in the upcoming six years.
Major Companies operating in the Netherlands electric vehicle market are Mitsubishi Motors Corporation, Tesla Inc., BMW AG., The Volvo Group., Unu GmbH. Zero Motorcycles Incorporation.
Key Highlights of the Report:
- Netherlands Electric Vehicle Market Overview
- Netherlands Electric Vehicle Market Outlook
- Netherlands Electric Vehicle Market Forecast
- Netherlands Electric Vehicle Market Size and Netherlands Electric Vehicle Market Forecast, Until 2026.
- Historical Data of Netherlands Electric Vehicle Market Revenues for the Period 2016-2019
- Market Size & Forecast of Netherlands Electric Vehicle Market Revenues until 2026
- Historical Data of Netherlands Electric Vehicle Market Revenues, By Vehicle Types, for the Period 2016-2019
- Market Size & Forecast of Netherlands Electric Vehicle Market Revenues, By Vehicle Types, until 2026
- Historical Data of Netherlands Electric Vehicle Market Revenues, By Regions, for the Period 2016-2019
- Market Size & Forecast of Netherlands Electric Vehicle Market Revenues, By Regions, until 2026
- Netherlands Electric Vehicle Market Drivers and Restraints
- Netherlands Electric Vehicle Market Trends and Industry Life Cycle
- Netherlands Electric Vehicle Market Porter’s Five Force Analysis
- Netherlands Electric Vehicle Market Opportunity Assessment
- Netherlands Electric Vehicle Market Share, By Players
- Netherlands Electric Vehicle Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The Netherlands Electric Vehicle Market report provides a detailed analysis of the following market segments:
By Vehicle Types
- Two-Wheeler
- Passenger Vehicle
- Bus
- Trucks
By Regions
- Northern Region
- Southern Region
- Eastern Region
- Western Region
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