Electric Mobility in Smart Cities

Electric Mobility in Smart Cities

Electric Mobility in Smart Cities

Report
Format: PDF-Excel
Published year: 2016
Publisher: Navigant Research
Language: English
Pages: 53

Summary

Consumers around the globe are increasingly searching for new products and services that will enable improved mobility in large city centers. Simultaneously, cities are strategizing on how to reduce traffic congestion and meet aggressive climate action plans. Electric mobility (e-mobility) devices provide a comprehensive and citywide approach to meeting these goals while transitioning toward cleaner energy sources and reducing traffic congestion. Electric buses (e-buses), electric bicycles (e-bikes), electric scooters (e-scooters), and plug-in electric vehicles (PEVs) in shared mobility services all contribute to fewer and cleaner vehicles on the road. E-mobility technologies are connected through electric vehicle (EV) charging infrastructure. While charging requirements vary between different technologies, they are connected by the need to have access to convenient and reliable charging networks. The e-mobility industry is driven by urbanization, improving battery technology, national e-mobility plans, and city energy policy. Through improvements in battery, motor, and charging technologies, the market opportunity for e-mobility devices is expected to grow considerably over the next 10 years. Yet, low consumer awareness and gasoline prices, a lack of long-term city strategies, and high purchase prices are still restricting sales in some markets. According to Navigant Research, global e-mobility device revenue is expected to grow from $25.6 billion in 2016 to $62.2 billion by 2025. This Navigant Research report analyzes the global market for e-mobility devices, including e-buses, e-bikes, e-scooters, PEVs, and electric vehicle supply equipment (EVSE). The study provides a detailed analysis of the market opportunities, key drivers of growth, and technology trends associated with e-mobility technologies. Global market forecasts for annual e-mobility device unit sales, revenue, and battery pack energy capacity, segmented by region and technology, extend through 2025. The report also examines the effect of government influence on the market for e-mobility devices and provides profiles of key e-mobility manufacturers, suppliers, and service providers.
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