| Product Code: ETC5871486 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Portugal`s electric utility vehicle import market saw a significant influx of shipments in 2024, with top exporting countries including the USA, Spain, China, Metropolitan France, and Germany. The market continued to exhibit high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024. Despite a strong compound annual growth rate (CAGR) of 14.39% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -44.65%. This suggests a potential shift or adjustment in the market dynamics that stakeholders should closely monitor for future developments.
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 Portugal Electric Utility Vehicle Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Electric Utility Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Electric Utility Vehicle Market - Industry Life Cycle |
3.4 Portugal Electric Utility Vehicle Market - Porter's Five Forces |
3.5 Portugal Electric Utility Vehicle Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Portugal Electric Utility Vehicle Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
3.7 Portugal Electric Utility Vehicle Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
4 Portugal Electric Utility Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for electric vehicles |
4.2.2 Increasing environmental awareness and focus on sustainability |
4.2.3 Technological advancements in electric vehicle batteries and charging infrastructure |
4.3 Market Restraints |
4.3.1 High initial costs of electric utility vehicles |
4.3.2 Limited range and charging infrastructure compared to traditional vehicles |
4.3.3 Lack of awareness and understanding about the benefits of electric utility vehicles |
5 Portugal Electric Utility Vehicle Market Trends |
6 Portugal Electric Utility Vehicle Market Segmentations |
6.1 Portugal Electric Utility Vehicle Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Portugal Electric Utility Vehicle Market Revenues & Volume, By Lead Acid, 2021-2031F |
6.1.3 Portugal Electric Utility Vehicle Market Revenues & Volume, By Lithium-Ion, 2021-2031F |
6.2 Portugal Electric Utility Vehicle Market, By Drive Type |
6.2.1 Overview and Analysis |
6.2.2 Portugal Electric Utility Vehicle Market Revenues & Volume, By 2WD, 2021-2031F |
6.2.3 Portugal Electric Utility Vehicle Market Revenues & Volume, By 4WD, 2021-2031F |
6.2.4 Portugal Electric Utility Vehicle Market Revenues & Volume, By AWD, 2021-2031F |
6.3 Portugal Electric Utility Vehicle Market, By Propulsion |
6.3.1 Overview and Analysis |
6.3.2 Portugal Electric Utility Vehicle Market Revenues & Volume, By Pure Electric, 2021-2031F |
6.3.3 Portugal Electric Utility Vehicle Market Revenues & Volume, By Hybrid Electric, 2021-2031F |
7 Portugal Electric Utility Vehicle Market Import-Export Trade Statistics |
7.1 Portugal Electric Utility Vehicle Market Export to Major Countries |
7.2 Portugal Electric Utility Vehicle Market Imports from Major Countries |
8 Portugal Electric Utility Vehicle Market Key Performance Indicators |
8.1 Average daily distance covered by electric utility vehicles |
8.2 Number of public charging stations available |
8.3 Percentage of government budget allocated to electric vehicle incentives |
9 Portugal Electric Utility Vehicle Market - Opportunity Assessment |
9.1 Portugal Electric Utility Vehicle Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Portugal Electric Utility Vehicle Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
9.3 Portugal Electric Utility Vehicle Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
10 Portugal Electric Utility Vehicle Market - Competitive Landscape |
10.1 Portugal Electric Utility Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Portugal Electric Utility Vehicle 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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