This master report summarising and forecasting every sector of the EV industry remains unique. It adds new sectors as they become substantial, the latest being car-like micro EVs homologated as quadricycles in Europe. There are currently 45 sectors analysed.
In the last year it has become a more closely integrated market - pure electric and hybrid whether on land, water or airborne. For example, Nissan has launched hybrid cars selling in tens of thousands yearly.
Many profitable niches are emerging just as the largest major sectors are changing in importance; the industrial and commercial sector is now bigger and much more profitable than e-cars, and is set to remain so for at least eight more years.
Figure 1: Ex-factory value of EVs, in 2026, by applicational sector
All components are changing with supercapacitors sometimes replacing or partly replacing batteries and also new types of battery, energy harvesting, power electronics and structure powering growth in this already huge and prosperous business. It is comprehensively forecasted only in this master report and the subsidiary reports on the segments. Disruptive change is now the norm and Apple-like inspiration and technological innovation is at last being seen.
The fruits of all this are truly spectacular; including such things as the Marian fast surface boat that acts as a submarine when necessary, the fixed-wing plane that will stay aloft for five years on sunshine and the flying jet ski. An amphibious hybrid plane is also going into production with military robot jellyfish, bats and swarming flies. The race is on to make extremely short take-off and landing (ESTL) personal planes and air taxis, some that take-off and land vertically in your garden or from the 'pocket airport' on top of a regular airport building.
10 year forecasts across all EV sectors
This report gives the unit numbers, average vehicle prices, and total value for ten years for the following vehicle types:
Pure electric cars
Golf car and motorized gold caddy
Mobility for the disabled
Two-wheel and allied
Figure 2: Sales forecast for some volume sectors of electric vehicles
Comprehensive applicational and geographic spread
This report is uniquely comprehensive in applicational and geographical spread. Primarily it presents statistics and forecasts including back up data such as conventional vehicle sales and market drivers. There is even comparative data such as statistics and forecasts by other analysts and by regional trade associations. There is some coverage of technology trends and considerable tabulation of manufacturers and by type of vehicle made and which are world leaders in value sales and why. There is little anecdotal text and information already available on the web, the illustrations and tables being largely original and deriving from IDTechEx analysis and private sources as well as extensive interviews.