Automotive and Transportation

Alternative Fuel and Hybrid Vehicle Market by Alternative Fuel Type (Gaseous fuels (LPG, CNG, and LNG), Electric and Others (Biofuel, Biodiesel, Fuel Cell, Liquid Nitrogen, and Dimethyl Ether)) and Vehicle type (Electric Two wheeler, Passenger Cars (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Alternative Fuel Passenger Cars), and Commercial Vehicle (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Alternative Fuel Commercial Vehicles) - Global Opportunity Analysis and Industry Forecasts, 2014-2022

  • ALL765676
  • 160 Pages
  • October 2016
  • Automotive and Transportation

Alternative fuel and hybrid vehicles (AFHV) run on fuels other than conventional types such as gasoline and diesel. The depletion of oil reserve at an alarming rate has given rise to the adoption of these vehicles across the globe. In addition, these vehicles emit less harmful compounds such as oxides of carbon, nitrogen, and sulfur as their exhaust, thus making AFHV eco-friendly. Moreover, electric vehicles use electricity as their power source, in which electric energy is stored in the vehicular batteries and can be recharged at charging stations. On the other hand, hybrid vehicles use both conventional and alternative fuels as a source of power. Passengers can actually switch between these two powers while driving as per their feasibility and usage. China is a potential market of AFHV as it has the maximum percentage of electric vehicles across the globe. As per the Global EV Outlook 2015, China holds 230 million e-bikes, 83,000 e-cars, and 36,500 e-buses. Numerous players such as Toyota Motor Corporation and Tesla Motors, Inc. are regularly manufacturing AFHV. For instance, Tesla Motors, Inc. launched Model S, the fastest electric car for its customers globally.

Increase in demand of fuel-efficient vehicles, stringent government laws and regulations toward vehicular emission, and increase in growth of public charging infrastructure drives the market growth. Also, depletion of fossil fuels such as coal, gasoline, and diesel and increase in prices of fossil fuels are the other factors that propel the market growth. However, high initial cost of vehicle and low fuel economy hamper the market growth. Moreover, advancement in alternative fuel technologies and increase in government initiatives, such as investment in electric and hybrid buses, are expected to create huge opportunities for the growth of market in the coming years.

The market is segmented on the basis of alternative fuel type, vehicle type, and geography. Alternative fuel type segment is further divided into gaseous fuels (LPG, CNG, and LNG), electric, and others (biofuel, biodiesel, fuel cell, liquid nitrogen, and dimethyl ether). Moreover, vehicle type segment is classified into electric two wheelers, passenger cars (battery electric vehicle (BEV), hybrid electric vehicle (HEV), alternative fuel passenger cars), and commercial vehicle (battery electric vehicle (BEV), hybrid electric vehicle (HEV), alternative fuel commercial vehicle). Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA regions. North America comprises the U.S., Canada, and Mexico. Europe includes Germany, France, The Netherlands, Norway, UK, and rest of Europe. Asia-Pacific consists of China, Japan, South Korea, India, and rest of Asia-Pacific. Latin America, Middle East, and Africa are considered in the LAMEA region.

The key players operating in the AFHV market are Toyota Motor Corporation (Japan), Tesla Motors (U.S.), AUDI AG (Germany), BMW Group (Germany), General Motors (U.S.), Ford Motor Company (U.S.), Honda Motor Co., Ltd. (Japan), BYD Company Limited (China), Daimler AG (Germany), and Zero Motorcycles, Inc. (U.S.)

KEY BENEFITS

  • The report includes an extensive analysis of the factors that drive as well as restrain the world AFHV market.
  • The market projections from 2014 to 2022 are included in the report along with the impacting factors.
  • The report also provides quantitative as well as qualitative trends to assist the stakeholders to understand the situations prevailing in the market.
  • Competitive intelligence highlights the business practices followed by leading market players across various geographies.

ALTERNATIVE FUEL AND HYBRID VEHICLE SEGMENTATION

BY ALTERNATIVE FUEL TYPE

  • Gaseous Fuels (LPG, CNG, and LNG)
  • Electric
  • Others (Biofuel, Biodiesel, Fuel Cell, Liquid Nitrogen, and Dimethyl Ether)

BY VEHICLE TYPE

  • Two Wheelers
  • Passenger Cars
  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)
  • Alternative Fuel Passenger Cars
  • Commercial Vehicles
  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)
  • Alternative Fuel Commercial Vehicles

BY GEOGRAPHY

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • The Netherlands
    • Norway
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

KEY PLAYERS

  • Toyota Motor Corporation
  • Tesla Motors
  • AUDI AG
  • BMW Group
  • General Motors
  • Ford Motor Company
  • Honda Motor Co., Ltd.
  • BYD Company Limited
  • Daimler AG
  • Zero Motorcycles, Inc.

Other players in value chain include (profiles not included in the report)

  • Volkswagen AG
  • Nissan Motor corporation
  • Mitsubishi Motors Corporation.
  • Nikola Motor Company
  • Renault
  • Tata Motors
  • Polaris Industries, Inc.
  • Scania
Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

Intelligent Transport System Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Intelligent transportation system (ITS) is advanced application which aim to deliver innovative services relating to different modes of transport and traffic management. ITS enable users to be better informed and ...

March 2017 | $4995 | Pre Book Price:$4371

Forklift Truck Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Fork lift truck or fork truck is an industrial truck which is powered to lift and transport materials in warehouses, shipping depots, manufacturing and many others. After the World War ...

March 2017 | $4995 | Pre Book Price:$4371

E-Commerce Logistics Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

E-commerce logistics have evolved substantially globally over the last few years. Customer preferences are changing by experiences they have made with innovative business areas. The new requirements primarily consist of ...

March 2017 | $4995 | Pre Book Price:$4371

Automotive Turbocharger Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015- 2024

Automotive turbocharger market is expected to witness rapid growth in the coming years supported by its rising application in automotive sector. OEM and aftermarket are the main application areas where ...

March 2017 | $4995 | Pre Book Price:$4371

World Automotive Camera & Camera Module Market - Opportunities and Forecasts, 2015 - 2020

Automotive camera is a camera installed at front side, rear side, or inside a vehicle for safety purposes. Camera modules contain image sensors that are coupled with electronics components in ...

July 2017 | $5370 | Pre Book Price:$4699

World Composite Materials Market - Opportunities and Forecasts, 2015 - 2020

Composite materials are materials composed of two or more fibers and polymers. These materials enhance the efficiency of vehicle by reducing its overall weight. Composite materials reduce emission of greenhouse ...

July 2017 | $5370 | Pre Book Price:$4699

2017 © Copyright Big Market Research

View Pricing >>