Switzerland holds a small share in the European electric car market; however, a lucrative growth will be witnessed during the forecast period. Switzerland electric car market is projected to grow at a CAGR of more than 21.0% during the forecast period, 2019-2025. In 2019, the country’s electric vehicle market showed exponential growth of 84% YoY as around 17,500 electric cars were registered in the country as compared to 9,500 in 2018. Increasing awareness regarding environment and carbon footprints, government subsidies on the electric car and tax rebates are some of the major motivating factors for the electric car market growth in the country. The government of Thurgau offers a subsidy of $4,100 on the purchase of an electric car whereas St. Gallen offers a subsidy of $5,125. Moreover, in Basel, a subsidy up to $10,250 can be availed by while purchasing a taxi in the city.
Visit for Global Electric Car Market Report at: https://www.omrglobal.com/industry-reports/electric-car-market
Switzerland electric car market is segmented on the basis of vehicle type, propulsion technology, and battery type. By vehicle type, the market is further analyzed into hatchback, sedan, and SUV. Some of the major electric car models sold in the country include Tesla Model 3, with a market share of around 30% in 2019, followed by Renault Zoe, BMW i3, Hyundai Kona EV, Mitsubishi Outlander PHEV, Audi e-Tron respectively.
Moreover, based on propulsion technology, the market is bifurcated into a battery-electric car and plug-in hybrid electric car. As per the European Automobile Manufacturers Association, the battery-electric vehicle has a major market share in the country and a growth of 157% YoY has been registered in the segment in 2019. However, a slight downfall of 1.7% YoY was registered in the plug-in electric car segment in 2019. By battery type, the market is further segmented into NiMH, Li-Ion, and others. Li-ion battery-electric cars market is expected to cover a major share in the near future. Some of the major companies contributing to the market include AB Volvo, Audi AG, BMW AG, BMW AG, Jaguar Land Rover Ltd., Mitsubishi Motors Corp., Nissan Motor Co., Renault Group, Tesla, Inc., Volkswagen AG, and others.
Research Methodology
The market study is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to brings authenticity to the reports.
Secondary Sources Include
The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Switzerland Electric Car Market by Vehicle Type
5.1.1. Sedan
5.1.2. Hatchback
5.1.3. SUV
5.2. Switzerland Electric Car Market by Propulsion Technology
5.2.1. Battery Electric c
5.2.2. Plug-in-Hybrid Electric Car
5.3. Switzerland Electric Car Market by Battery Type
5.3.1. NiMH
5.3.2. Li-Ion
5.3.3. Others
6. Company Profiles
6.1. AB Volvo
6.2. Audi AG
6.3. BMW AG
6.4. Jaguar Land Rover Ltd.
6.5. Mitsubishi Motors Corp.
6.6. Nissan Motor Co.
6.7. Renault Group
6.8. Tesla, Inc.
6.9. Volkswagen AG
1. SWITZERLAND ELECTRIC CAR MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2018-2025 ($ MILLION)
2. SWITZERLAND ELECTRIC CAR MARKET RESEARCH AND ANALYSIS BY PROPULSION TECHNOLOGY, 2018-2025 ($ MILLION)
3. SWITZERLAND ELECTRIC CAR MARKET RESEARCH AND ANALYSIS BY BATTERY TYPE, 2018-2025 ($ MILLION)
1. SWITZERLAND ELECTRIC CAR MARKET SHARE BY VEHICLE TYPE, 2018 VS 2025 (%)
2. SWITZERLAND HATCHBACK ELECTRIC CAR MARKET SIZE, 2018-2025 ($ MILLION)
3. SWITZERLAND SEDAN ELECTRIC CAR MARKET SIZE, 2018-2025 ($ MILLION)
4. SWITZERLAND SUV ELECTRIC CAR MARKET SIZE, 2018-2025 ($ MILLION)
5. SWITZERLAND ELECTRIC CAR MARKET SHARE BY PROPULSION TECHNOLOGY, 2018 VS 2025 (%)
6. SWITZERLAND BATTERY ELECTRIC CARS MARKET SIZE, 2018-2025 ($ MILLION)
7. SWITZERLAND PLUG-IN HYBRID ELECTRIC CAR MARKET SIZE, 2018-2025 ($ MILLION)
8. SWITZERLAND ELECTRIC CAR MARKET SHARE BY BATTERY TYPE, 2018 VS 2025 (%)
9. SWITZERLAND NI-MH ELECTRIC CAR MARKET SIZE, 2018-2025 ($ MILLION)
10. SWITZERLAND LI-ION ELECTRIC CAR MARKET SIZE, 2018-2025 ($ MILLION)
11. SWITZERLAND OTHER ELECTRIC CARS MARKET SIZE, 2018-2025 ($ MILLION)