Electric Vehicles - Poland

  • Poland
  • In 2024, the Electric Vehicles market in Poland is projected to reach a revenue of US$1,410.0m.
  • It is expected to show an annual growth rate of 12.73% from 2024 to 2028, resulting in a projected market volume of US$2,277.0m by 2028.
  • The unit sales of Electric Vehicles market in Poland are expected to reach 43.75k vehicles in 2028.
  • The volume weighted average price of Electric Vehicles market in Poland in 2024 is expected to amount to US$53.6k.
  • From an international perspective, it is shown that the most revenue will be generated in China, with a projected revenue of US$319,000m in 2024.
  • Poland is experiencing a surge in the adoption of electric vehicles, driven by government incentives and the growing public awareness of environmental sustainability.

Key regions: United States, Germany, Netherlands, China, United Kingdom

 
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Analyst Opinion

The Electric Vehicles market in Poland is experiencing significant growth and development.

Customer preferences:
Customers in Poland are increasingly opting for electric vehicles due to their numerous advantages. Electric vehicles are known for their environmental friendliness, as they produce zero emissions and contribute to reducing air pollution. Additionally, electric vehicles offer lower operating costs compared to traditional gasoline-powered vehicles, as they require less maintenance and have lower fuel costs. Furthermore, the availability of government incentives and subsidies for electric vehicle purchases has also contributed to the growing customer preference for electric vehicles in Poland.

Trends in the market:
One of the key trends in the Electric Vehicles market in Poland is the increasing availability of charging infrastructure. As more charging stations are being installed across the country, the range anxiety associated with electric vehicles is diminishing. This trend is encouraging more customers to consider electric vehicles as a viable option for their transportation needs. Additionally, the development of fast-charging technology is also contributing to the growth of the electric vehicle market in Poland, as it allows for quicker and more convenient charging. Another trend in the market is the expanding range of electric vehicle models available in Poland. As more automakers introduce electric vehicle models to their lineup, customers in Poland have a wider range of options to choose from. This increased variety is attracting more customers to the electric vehicle market and driving its growth.

Local special circumstances:
Poland, like many other countries, is committed to reducing its carbon footprint and transitioning to a greener economy. The government has implemented various policies and initiatives to promote the adoption of electric vehicles. For example, there are tax incentives and subsidies available for electric vehicle purchases, making them more affordable for customers. Additionally, the government is investing in the development of charging infrastructure to support the growing number of electric vehicles on the roads.

Underlying macroeconomic factors:
The growing Electric Vehicles market in Poland can also be attributed to favorable macroeconomic factors. Poland has experienced steady economic growth in recent years, which has increased the purchasing power of consumers. As a result, more customers are able to afford electric vehicles. Furthermore, advancements in technology and manufacturing processes have made electric vehicles more cost-effective to produce, making them more accessible to customers in Poland. In conclusion, the Electric Vehicles market in Poland is growing due to customer preferences for environmentally friendly and cost-effective transportation options. The availability of charging infrastructure, expanding range of electric vehicle models, government incentives, and favorable macroeconomic factors are all contributing to the development of the electric vehicle market in Poland.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the sales of new passenger cars. Data on the specifications of the sold vehicles is based on the base models of the respective makes.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use company reports and websites, vehicle registries, car dealers, and environment agencies among other sources. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and car stock per capita. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, we use the ARIMA model for the Passenger Cars market. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development).

Overview

  • Unit Sales
  • Units
  • Analyst Opinion
  • Revenue
  • Price
  • Global Comparison
  • Methodology
  • Key Market Indicators
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