Global Formula E Car Market 2023-2030
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Global Formula E Car Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

GLOBAL FORMULA E CAR MARKET

 

INTRODUCTION

 A Formula E car is an open-wheel automobile designed to compete in the FIA Formula E Championship and built in accordance with the rules of the International Automobile Federation (FIA). Electric cars compete in the Formula E competition, which is propelled by batteries and an electric motor. 

 

The majority of races are run on temporary closed city circuits created just for this type of racing. The original battery specs called for a maximum 28 kWh usable energy, a maximum cell weight of 200 kg (440 lb), and a maximum peak power of 200 kW.

 

GLOBAL FORMULA E CAR MARKET SIZE AND FORECAST

 

Infographic: Formula E Car Market , Formula E Car Market Size, Formula E Car Market Trends,  Formula E Car Market Forecast, Formula E Car Market Risks, Formula E Car Market Report, Formula E Car Market Share

 

 The Global Formula E car market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

NEW PRODUCT LAUNCH

Porsche introduced their new Formula E 99X GEN3 car. The newest Gen3 vehicles, like the Porsche 99X Electric Gen3, are the quickest, lightest, most potent, and most effective electric racing vehicles ever created. They have been specially created for wheel-to-wheel competition on narrow city circuits in captivating major cities around the globe, where Formula E typically competes in its races.

 

The third vehicle generation will debut at the start of the upcoming season, ushering in a new period for the first electric racing series in history. 

 

They're thrilled to be able to introduce the new Porsche 99X Electric Gen3 to the globe. This race vehicle represents a significant investment on the part of the Weissach development team in terms of time, effort, expertise, and heart and soul.

 

They should all be extremely pleased with themselves.The Porsche 99X Electric Gen3 is a technical advance in all-electric racing, similar to the brand-new Formula E generation.

 

 Running these new cars in the ABB FIA Formula E World Championship is a major step for Formula E as well as Porsche in the direction of the future of motorsport. The beginning of the season and a new period is something they're eagerly anticipating.

 

With the help of the new Gen3 cars, such as the Porsche 99X Electric Gen3, spectators can expect the races to be even more spectacular and Formula E's global recognition to soar.

 

COMPANY PROFILE

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Formula E cars are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global Formula E car and key vendor selection criteria
  3. Where is the Formula E car manufactured? What is the average margin per unit?
  4. Market share of Global Formula E car market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global Formula E car in-house
  6. key predictions for next 5 years in Global Formula E car market
  7. Average B-2-B Formula E car market price in all segments
  8. Latest trends in Formula E car market, by every market segment
  9. The market size (both volume and value) of the Formula E car market in 2023-2030 and every year in between?
  10. Production breakup of Formula E car market, by suppliers and their OEM relationship

 

Sl no Topic 
Market Segmentation 
Scope of the report 
Abbreviations 
Research Methodology 
Executive Summary 
Introdauction 
Insights from Industry stakeholders 
Cost breakdown of Product by sub-components and average profit margin 
Disruptive innovation in theIndustry 
10 Technology trends in the Industry 
11 Consumer trends in the industry 
12 Recent Production Milestones 
13 Component Manufacturing in US, EU and China 
14 COVID-19 impact on overall market 
15 COVID-19 impact on Production of components 
16 COVID-19 impact on Point of sale 
17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 
18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 
19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030 
20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030 
21 Product installation rate by OEM, 2023 
22 Incline/Decline in Average B-2-B selling price in past 5 years 
23 Competition from substitute products 
24 Gross margin and average profitability of suppliers 
25 New product development in past 12 months 
26 M&A in past 12 months 
27 Growth strategy of leading players 
28 Market share of vendors, 2023 
29 Company Profiles 
30 Unmet needs and opportunity for new suppliers 
31 Conclusion 
32 Appendix