The global electric vehicle parts and components market size accounted for USD 205.82 billion in 2024, grew to USD 252.14 billion in 2025 and is predicted to surpass around USD 1566.24 billion by 2034, representing a healthy CAGR of 22.50% between 2024 and 2034.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Electric Vehicle Parts And Components Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Electric Vehicle Parts And Components Market, by Vehicle Type, 2024-2034
8.1.1. Passenger Cars
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Commercial Vehicles
8.1.2.1. Market Revenue and Forecast (2021-2034)
9.1. Electric Vehicle Parts And Components Market, by Propulsion Type, 2024-2034
9.1.1. Commercial Vehicles
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Plug-in Hybrid Vehicle
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. Fuel Cell Electric Vehicle
9.1.3.1. Market Revenue and Forecast (2021-2034)
9.1.4. Hybrid Electric Vehicle
9.1.4.1. Market Revenue and Forecast (2021-2034)
10.1. Electric Vehicle Parts And Components Market, by Component Type, 2024-2034
10.1.1. Battery Packs
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. DC-DC Converters
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Controller & Inverter
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. Motor
10.1.4.1. Market Revenue and Forecast (2021-2034)
10.1.5. Onboard Charger
10.1.5.1. Market Revenue and Forecast (2021-2034)
10.1.6. Others
10.1.6.1. Market Revenue and Forecast (2021-2034)
11.1. Electric Vehicle Parts And Components Market, by Sale Channel, 2024-2034
11.1.1. OEM (Original Equipment Manufacturer)
11.1.1.1. Market Revenue and Forecast (2021-2034)
11.1.2. Aftermarket
11.1.2.1. Market Revenue and Forecast (2021-2034)
12.1. North America
12.1.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.1.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.1.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.1.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.1.5.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.1.5.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.1.5.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.1.6.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.1.6.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.1.6.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.2.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.2.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.2.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.2.5.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.2.5.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.2.5.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.2.6.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.2.6.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.2.6.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.2.7.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.2.7.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.2.7.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.2.8.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.2.8.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.2.8.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.3.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.3.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.3.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.3.5.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.3.5.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.3.5.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.3.6.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.3.6.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.3.6.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.3.7.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.3.7.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.3.7.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.3.8.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.3.8.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.3.8.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.4.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.4.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.4.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.4.5.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.4.5.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.4.5.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.4.6.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.4.6.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.4.6.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.4.7.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.4.7.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.4.7.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.4.8.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.4.8.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.4.8.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.5.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.5.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.5.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.5.5.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.5.5.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.5.5.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Vehicle Type (2021-2034)
12.5.6.2. Market Revenue and Forecast, by Propulsion Type (2021-2034)
12.5.6.3. Market Revenue and Forecast, by Component Type (2021-2034)
12.5.6.4. Market Revenue and Forecast, by Sale Channel (2021-2034)
13.1. Eastman Auto & Power Ltd
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Sparco Batteries Pvt Ltd
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Panasonic Corp
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Amara Raja Batteries
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Okaya Power Ltd
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Maruti Suzuki
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Ashok Layland
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Bosch Limited
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Exide Industries Pvt Ltd
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. ABB Group
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
15.1. About Us
15.2. Glossary of Terms
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