Market Forecast By Propulsion (BEV, PHEV, FCEV), By Vehicle Drive Type (FWD, RWD, AWD), By Vehicle Top Speed (<125 Mph, >125 Mph) And Competitive Landscape
Product Code: ETC001630 | Publication Date: Dec 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Netherlands Electric Vehicle market currently, in 2023, has witnessed an HHI of 1842, Which has decreased slightly as compared to the HHI of 2520 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Netherlands Electric Vehicle Market report thoroughly covers the market by propulsion, by vehicle drive type, by vehicle top speed and competitive landscape. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Netherlands is ranked as one of the world's leading countries that have adopted electric vehicles and has made strides to develop a sustainable transport system. The electric vehicles market in the Netherlands has grown significantly over the years, owing to government incentives and the increasing environmental concerns. Additionally, the Netherland electric vehicle industry has witnessed huge demand, with consumers' interest in electric cars on the rise. The increasing environmental awareness and the Dutch government's incentives have contributed to this growing trend. Besides, the Dutch government has set a goal to have only zero-emission cars sold in the country by 2030. Although the electric vehicle market in the Netherlands has been successful over the years, some challenges still exist. The shift to electric vehicles is a transitional period, as it’s still a new technology, so the high price is still a challenge for some consumers.
According to 6Wresearch, Netherlands Electric Vehicle Market size is projected to grow at a CAGR of 27.9% during 2024-2030. One of the main drivers behind this growth is the government’s incentives and policies to encourage EV ownership. The market has witnessed an increased electric vehicles demand and charging infrastructure development in recent years. Additionally, the Netherlands, like most European countries, is acutely aware of global environmental concerns such as climate change. The government has set clear targets to reduce greenhouse gas emissions with a goal of 49% reduction in 2030 compared to 1990 levels. As a result, electric vehicles have become the go-to alternative to conventional gasoline and diesel vehicles. Further, one of the contributing factors towards the Netherlands electric vehicle market's growth is the country's ability to develop innovative solutions. Dutch scientists have developed technology that allows electric vehicle batteries to be charged up to 60% in just a few minutes. Additionally, charging stations that make use of solar panels and wind turbines are gaining popularity due to their lower cost and increased environmental friendliness.
One of the most significant drivers of the electric vehicle market in the Netherlands is government incentives. In 2019, the government introduced several programs to promote the use of electric vehicles among the general public. These ingenuities will augment Netherlands Electric Vehicle Market share over the coming years. For example, electric vehicle owners are exempt from road tax, and parking fees in some areas are waived. Additionally, the government is working towards increasing publicly available charging locations.
The Netherlands currently has one of the largest EV markets in Europe with over 200,000 registered electric cars and is expected to reach 1 million by 2025. Tesla dominates the Netherlands Electric Vehicle market, other car manufacturers and startups such as Volkswagen, Nissan, Fastned, and Lightyear are making significant contributions to the Netherlands' clean energy transition. The leading few organizations hold key Europe Electric Vehicle Market share. These key players are driving Netherlands's electric vehicle market towards a greener future.
According to Ravi Bhandari, Research Head, 6Wresearch, there are two primary types of electric vehicles currently on the market: battery-electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). BEVs rely entirely on batteries, while PHEVs rely on a combination of batteries and internal combustion engines. In the Netherlands, BEVs have proven to be more popular, accounting for 75% of new electric car sales in 2020. This preference for BEVs can be attributed to the country's charging infrastructure, which comprises over 40,000 public charging stations, making it one of the densest networks in the world. The Netherlands has also incentivized the purchase of electric vehicles through exemptions from road tax, financial grants, and reduced parking fees.
FWD and RWD are two common drive types used in EVs. In an FWD vehicle, the front wheels are responsible for both propulsion and steering, whereas in an RWD vehicle, the rear wheels are responsible for these functions. While FWDs tend to offer better fuel economy and are generally more affordable, RWDs offer better handling and a more engaging driving experience. Further, one of the main benefits of FWD is its superior efficiency. Additionally, the FWD fasteners massive Netherlands Electric Vehicle Market revenues. By placing the motor and transmission in the front of the vehicle, FWDs can transmit power more directly to the wheels, resulting in better energy efficiency and fuel economy. This makes FWDs an ideal choice for city commuters looking to save on energy costs and reduce their carbon footprint. Additionally, FWDs tend to be more affordable than RWDs due to the simpler design of their drivetrain.
The Netherlands Electric Vehicle Market report provides a detailed analysis of the following market segments:
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 Netherlands Electric Vehicle Market Overview |
3.1 Netherlands Country Macro Economic Indicators |
3.2 Netherlands Electric Vehicle Market Revenues & Volume, 2020 & 2030F |
3.3 Netherlands Electric Vehicle Market - Industry Life Cycle |
3.4 Netherlands Electric Vehicle Market - Porter's Five Forces |
3.5 Netherlands Electric Vehicle Market Revenues & Volume Share, By Propulsion, 2020 & 2030F |
3.6 Netherlands Electric Vehicle Market Revenues & Volume Share, By Vehicle Drive Type, 2020 & 2030F |
3.7 Netherlands Electric Vehicle Market Revenues & Volume Share, By Vehicle Top Speed, 2020 & 2030F |
4 Netherlands Electric Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Netherlands Electric Vehicle Market Trends |
6 Netherlands Electric Vehicle Market, By Types |
6.1 Netherlands Electric Vehicle Market, By Propulsion |
6.1.1 Overview and Analysis |
6.1.2 Netherlands Electric Vehicle Market Revenues & Volume, By Propulsion, 2020 - 2030F |
6.1.3 Netherlands Electric Vehicle Market Revenues & Volume, By BEV, 2020 - 2030F |
6.1.4 Netherlands Electric Vehicle Market Revenues & Volume, By PHEV, 2020 - 2030F |
6.1.5 Netherlands Electric Vehicle Market Revenues & Volume, By FCEV, 2020 - 2030F |
6.2 Netherlands Electric Vehicle Market, By Vehicle Drive Type |
6.2.1 Overview and Analysis |
6.2.2 Netherlands Electric Vehicle Market Revenues & Volume, By FWD, 2020 - 2030F |
6.2.3 Netherlands Electric Vehicle Market Revenues & Volume, By RWD, 2020 - 2030F |
6.2.4 Netherlands Electric Vehicle Market Revenues & Volume, By AWD, 2020 - 2030F |
6.3 Netherlands Electric Vehicle Market, By Vehicle Top Speed |
6.3.1 Overview and Analysis |
6.3.2 Netherlands Electric Vehicle Market Revenues & Volume, By <125 mph, 2020 - 2030F |
6.3.3 Netherlands Electric Vehicle Market Revenues & Volume, By >125 mph, 2020 - 2030F |
7 Netherlands Electric Vehicle Market Import-Export Trade Statistics |
7.1 Netherlands Electric Vehicle Market Export to Major Countries |
7.2 Netherlands Electric Vehicle Market Imports from Major Countries |
8 Netherlands Electric Vehicle Market Key Performance Indicators |
9 Netherlands Electric Vehicle Market - Opportunity Assessment |
9.1 Netherlands Electric Vehicle Market Opportunity Assessment, By Propulsion, 2020 & 2030F |
9.2 Netherlands Electric Vehicle Market Opportunity Assessment, By Vehicle Drive Type, 2020 & 2030F |
9.3 Netherlands Electric Vehicle Market Opportunity Assessment, By Vehicle Top Speed, 2020 & 2030F |
10 Netherlands Electric Vehicle Market - Competitive Landscape |
10.1 Netherlands Electric Vehicle Market Revenue Share, By Companies, 2023 |
10.2 Netherlands Electric Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Market Forecast By Vehicle Types(Two-Wheeler, Passenger Vehicle, Bus, Trucks), By Regions(Northern Region, Eastern Region, Western Region, Southern Region) And Competitive Landscape.
Product Code: ETC001630 | Publication Date: Mar 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Netherlands electric vehicle market is driven by growing government initiatives to create awareness regarding electric vehicles along with the growing number of on-road passenger car fleet sizes in the country. Moreover, the Morocco government is also providing subsidies for the purchase of electric vehicles resulting in a further increase in the demand for electric vehicles in the country. Further, the number of charging stations in the country is also growing to help the end-users to charge their vehicles' batteries easily which is one of the major factors, which would fuel the growth of the Netherlands electric vehicle market.
According to 6Wresearch, the Netherlands Electric Vehicle Market size is projected to grow during 2020-2026. The government has planned various policies and investments for public convenience in the transport sector such as buying only zero-emission buses in the future, ensuring that all buses that are anticipated to run on either renewable fuels or energy, which would lead to a surge in demand for electric vehicles, especially buses and trucks segment during the forecast period.
In the Netherlands, Amsterdam is expected to dominate the Netherlands electric vehicle market share during the forecast period due to incentives and supporting charging networks. Amsterdam is offering free charging and reserved parking space for battery electric vehicles. Moreover, the manufacturers are working to improve the technology by reducing the time taken to charge the vehicle and making the electric vehicle more efficient.
The Netherlands electric vehicle market report thoroughly covers the market by vehicle types and regions including northern, southern, eastern, and western regions. The Netherlands electric vehicle market outlook provides an unbiased and detailed analysis of the ongoing Netherlands electric vehicle market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Netherlands electric vehicle market is projected to witness progressive growth in the foreseeable future on the back of the potential growth of the automotive industry. Additionally, rising fleet facilities and using low-cost biofuel vehicles than conventional energy vehicles as less production of fossil fuel with high demand causes price crisis would be the key component for generating profitable opportunities in the market. Further, the maximum distance coverage facility provided by electric vehicles along with less consumption of biofuel energy is anticipated to increase the adoption of electric vehicles in the coming timeframe and would instigate the significant growth of the Netherlands electric vehicle market in the coming years.
Netherland electric vehicle market is expected to gain traction in the upcoming six years on the back of the increasing concern toward environmental degradation. Further, Plugin hybrid electric vehicle is estimated to be prominent for the market growth coupled with widespread charging infrastructure and are more likely to set up which indicates the sales of electric vehicles would multiply at the fastest pace in the country. Thereby it is expected to leave a positive impact on the growth of the Netherlands electric vehicle market in the upcoming six years.
Major Companies operating in the Netherlands electric vehicle market are Mitsubishi Motors Corporation, Tesla Inc., BMW AG., The Volvo Group., Unu GmbH. Zero Motorcycles Incorporation.
The Netherlands Electric Vehicle Market report provides a detailed analysis of the following market segments: