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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
An electric vehicle (EV) is a vehicle that is propelled by one or more electric motors. It can be powered by a collection system, extravehicular sources of electricity, or by a battery on its own (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator).
Road and rail vehicles, surface and underwater watercraft, electric airplanes, and electric spacecraft are examples of EVs.
EVs, along with other upcoming automotive technologies such as autonomous driving, linked vehicles, and shared mobility, comprise a future mobility vision known as Connected, Autonomous, Shared, and Electric (CASE) Mobility for road vehicles.
The Hungary Electric Vehicle Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Transition to electric vehicles in Hungary.
The effects of the switch to electric vehicles on Hungary's highly specialized internal combustion engine vehicle and part manufacturing industry Based on the industry life cycle theory, electrification offers numerous opportunities for improvement because it necessitates a large number of innovative tasks that, when combined with a short deadline imposed by the European regulatory framework, can only be completed through further decentralization of R&D activities.
Designers conclude that the manufacturing-led growth model is not threatened by the switch to electrification, at least not in the long term, based on an analysis of global automotive actors' electrification-related transactions in central Europe.
Data, however, suggests that there are little prospects to use electrification for significant industrial upgrades. The findings indicate continuity rather than significant change.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 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, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 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 |
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