South Korea Electric Vehicle Market (2020-2026)

Market Forecast By Vehicle Types(Two-Wheeler, Passenger Vehicle, Bus, Trucks), By Regions(Northern Region, Southern Region, Central Region) and competitive landscape.

Product Code: ETC001632 Publication Date: Mar 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

The market for an electric vehicle is growing in South Korea due to its surging need to discourse the future energy necessities. The government is aiming to make users aware of the electric vehicles and has also offered subsidies for the usage of electric vehicles. Rising environmental issues and incentives by the government are the key aspects to drive electric vehicle penetration in South Korea.

According to 6Wresearch, South Korea Electric Vehicle Market size is projected to grow during 2020-26. The government is assembling heavy investment in terms of vehicles, as well as the infrastructure required to support them such as increasing the number of hydrogen filling stations and networks of charging stations for electric vehicles. Also, South Korean automobile players are expanding their network in the country, due to an increase in the exports of electric vehicles. Moreover, the number of charging stations are growing to help the end-users to recharge their vehicles batteries easily which is one of the major factors for the growth of the South Korea electric vehicle market. 

In South Korea, Seoul is expected to dominate the overall South Korea electric vehicle market share revenue during the forecast period due to a strong government budget for the electric vehicle, hydrogen subsidies, and charging infrastructure, along with the purchase subsidies for the consumers. The electric vehicle market is developing as a vital part of the automotive industry that offers a way to attain an advanced level of energy efficiency with a reduced level of pollutant emissions

The South Korea electric vehicle market report comprehensively covers the market by vehicle types and regions including northern, central and southern region. The South Korea electric vehicle market outlook report provides an unbiased and detailed analysis of the South Korea electric vehicle market trends, opportunities, high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

  • South Korea Electric Vehicle Market Overview
  • South Korea Electric Vehicle Market Outlook
  • South Korea Electric Vehicle Market Forecast
  • Historical Data of South Korea Electric Vehicle Market Revenues and Volume, for the Period 2016-2019
  • South Korea Electric Vehicle Market Size and South Korea Electric Vehicle Market Forecast of Revenues and Volume, Until 2026
  • Historical Data of South Korea Electric Vehicle Market Revenues and Volume, By Vehicle Types, for the Period 2016-2019
  • Market Size & Forecast of South Korea Electric Vehicle Market Revenues and Volume, By Vehicle Types, until 2026
  • Historical Data of South Korea Electric Vehicle Market Revenues, By Regions, for the Period 2016-2019
  • Market Size & Forecast of South Korea Electric Vehicle Market Revenues, By Regions, until 2026
  • South Korea Electric Vehicle Market Drivers and Restraints
  • South Korea Electric Vehicle Market Trends and Industry Life Cycle
  • South Korea Electric Vehicle Market Porter’s Five Force Analysis
  • South Korea Electric Vehicle Market Opportunity Assessment
  • South Korea Electric Vehicle Market Share, By Players
  • South Korea Electric Vehicle Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The South Korea 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
    • Central Region

 

1. Executive Summary

2. Introduction

2.1 Report Description

2.2 Key Highlights

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3. South Korea Electric Vehicle Market Overview

3.1 Country Indicators

3.2 South Korea Electric Vehicle Market Revenues and Volume, 2016-2026F

3.3 South Korea Electric Vehicle Market Revenue Share, By Vehicle Types, 2019 & 2026F

3.3 South Korea Electric Vehicle Market Revenue Share, By Region 2019 & 2026F

3.4 South Korea Electric Vehicle Market - Industry Life Cycle

3.5 South Korea Electric Vehicle Market - Porter’s Five Forces

4. South Korea Electric Vehicle Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5. South Korea Electric Vehicle Market Trends

6. South Korea Electric Vehicle Market Overview, By Vehicles Types

6.1 South Korea Electric Passenger Vehicle Market Revenues & Volume , 2016-2026F

6.2 South Korea Electric Bus Market Revenue and Volume, 2016-2026F

6.3 South Korea Electric Two-Wheelers Market Revenue and Volume, 2016-2026F

6.4 South Korea Electric Truck Market Revenue and Volume, 2016-2026F

7. South Korea Electric Vehicle Market Overview, By Regions

7.1 South Korea Electric Vehicle Market Revenues, By Northern Region, 2016-2026F

7.2 South Korea Electric Vehicle Market Revenues, By Central Region, 2016-2026F

7.3 South Korea Electric Vehicle Market Revenues, By Southern Region, 2016-2026F

8. South Korea Electric Vehicle Market Key Performance Indicators

9. South Korea Electric Vehicle Market Opportunity Assessment

9.1 South Korea Electric Vehicle Market Opportunity Assessment, By Vehicle Types, 2026F

10. South Korea Electric Vehicle Market Competitive Landscape

10.1 South Korea Electric Vehicle Market Revenue Share, By Companies, 2019

10.2 South Korea Electric Vehicle Market Competitive Benchmarking, By Operating Parameters

11. Company Profiles

12. Key Strategic Recommendations

13. Disclaimer

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