Electric Vehicle Parts and Components Market Size, Share, and Trends 2024 to 2034

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.

  • Last Updated : November 2024
  • Report Code : 2375
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

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

Chapter 5. COVID 19 Impact on Electric Vehicle Parts And Components Market 

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

Chapter 7. Competitive Landscape

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

Chapter 8. Global Electric Vehicle Parts And Components Market, By Vehicle Type

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)

Chapter 9. Global Electric Vehicle Parts And Components Market, By Propulsion Type

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)

Chapter 10. Global Electric Vehicle Parts And Components Market, By Component Type 

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)

Chapter 11. Global Electric Vehicle Parts And Components Market, By Sale Channel 

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)

Chapter 12. Global Electric Vehicle Parts And Components Market, Regional Estimates and Trend Forecast

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)

Chapter 13. Company Profiles

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

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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