Low Emission Vehicle Market is expected to grow at a CAGR of 18.2% during the forecast period and is expected to reach US$ 198.82 Bn by 2029. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report
Low Emission Vehicle Market Overview:The segmentation of the Global Low Emission Vehicle Market is done based on the degree of hybridizations namely Full Hybrid Electric Vehicle (FHEV), Mild Hybrid Electric Vehicle (MHEV), Pure Electric Vehicle (EV or BEV) and Plug-in Hybrid Electric Vehicle (PHEV). Automobile manufacturers have initiated a race to reduce vehicle emissions. The result of such competition is the booming market for low emission vehicle. The low-emission vehicle is an umbrella term for the vehicles which emit significantly lower amounts of exhaust gases. Rising environmental awareness of the buyers, government incentives and the competition among the automakers to come up with a greener vehicle are the major factors driving the booming low-emission vehicles market. Though pure electric vehicles offer low speed they have gained consumer acceptance in private transport sectors such as scooters, cards, and bicycles. Electric powered vehicles are expected to gain significant focus owing to the decrease in greenhouse gas emissions. The governments are also planning to control air pollution by encouraging green vehicle fleet in their respective regions. The improvisation of automobile components and advancements in fuel efficiency for providing the renewable fuels are expected to drive the innovation in low emission vehicle. Decarburization in the aviation sector is surging, due to increasing developments in the biofuels market. The competitors are focusing on research and development for developing fuel-efficient vehicles, due to increasing consumer awareness about low emission vehicle. Moreover, the progress of combining renewable and conventional energy systems are expected to drive the growth of the low emission vehicle market during the forecast period. Among all the low emission vehicles, mild hybrid vehicles and plug-in hybrid electric vehicle are growing at a fast rate.
Key Highlights:1. A detailed overview of the parent market 2. Changing market dynamics in the industry 3. In-depth market segmentation 4. Historical, current and projected market size in terms of volume and value 5. Recent industry trends and developments 6. Competitive landscape 7. Strategies of key players and products offered 8. Potential and niche segments, geographical regions exhibiting promising growth 9. A neutral perspective on market performance 10. Must-have information for market players to sustain and enhance their market 11. footprint
Research Methodology:The research methodology used in the report involves various secondary sources such as Canadian Automobile Association (CAA), Korea Automobile Manufacturers Association (KAMA). Society of Indian Automobile Manufacturers (SIAM), Japan Automobile Manufacturers Association (JAMA), China Association of Automobile Manufacturers (CAAM), European Automobile Manufacturers Association (EAMA), and Environmental Protection Agency (EPA), The Low Emission Vehicle Market is segmented geographically in seven key regions which are North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Middle East and Africa and Japan. Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about the Global Low Emission Vehicle Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the low emission vehicle globally. Low emission vehicles are growing with the presence of major companies holding a large market share.
Target Audience:1. Automobile Companies 2.Vendors of automotive safety systems 3.Industry associations and automotive experts 4. Automotive safety feature corporations 5. Automobile ancillary companies 6. Autonomous vehicle software makers 7. Automotive technology providers 8. Tier 1, Tier 2, and Tier 3 suppliers
Low Emission Vehicle Market Scope:Inquire Before Buying
Global Low Emission Vehicle Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 61.67 Bn. Forecast Period 2023 to 2029 CAGR: 18.2% Market Size in 2029: US $ 198.82 Bn. Segments Covered: by degree of hybridization Full Hybrid Electric Vehicle (FHEV) Mild Hybrid Electric Vehicle (MHEV) Pure Electric Vehicle (EV or BEV) Plug-in Hybrid Electric Vehicle (PHEV) by type of battery, use Lithium-Ion Batteries Nickel Metal Hydride Lead Acid Batteries Nickel-Cadmium Batteries Metal Hydride Batteries
Low Emission Vehicle Market, by regionNorth America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)
Low Emission Vehicle Market, Key Players are1. Nissan 2. Cobasys 3. Suzuki 4. Hyundai 5. Delphi 6. Tesla 7. Honeywell 8. Renault 9. BMW 10. Volkswagen 11. Honda Motor Co., Ltd. 12. GE Motors Co., BYD Company Ltd. 13. Renault 14. AUDI AG. 15. AB Volvo 16. Geely Auto 17. ŠKODA AUTO a.s. 18. JAGUAR LAND ROVER LIMITED 19. Lexus 20. Polestar. Frequently Asked Questions: 1. Which region has the largest share in Global Low Emission Vehicle Market? Ans: Europe region held the highest share in 2022. 2. What is the growth rate of Global Low Emission Vehicle Market? Ans: The Global Low Emission Vehicle Market is growing at a CAGR of 18.2% during forecasting period 2023-2029. 3. What is scope of the Global Low Emission Vehicle market report? Ans: Global Low Emission Vehicle Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Low Emission Vehicle market? Ans: The important key players in the Global Low Emission Vehicle Market are – Nissan, Cobasys, Suzuki, Hyundai, Delphi, Tesla, Honeywell, Renault, BMW, Volkswagen, Honda Motor Co., Ltd., GE Motors Co., BYD Company Ltd., Renault, AUDI AG., AB Volvo, Geely Auto, ŠKODA AUTO a.s., JAGUAR LAND ROVER LIMITED, Lexus, and Polestar. 5. What is the study period of this market? Ans: The Global Low Emission Vehicle Market is studied from 2022 to 2029.
Global Low Emission Vehicle Market1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends 5. LOW EMISSION VEHICLE, BY THE DEGREE OF HYBRIDISATION (2022-2029) 5.1. Introduction 5.2 Degree of hybridisation by Full Hybrid Electric Vehicle (FHEV) 5.2.1Full Hybrid Electric Vehicle (FHEV) Market Overview 5.2.2Full Hybrid Electric Vehicle Market Size & Forecast 5.3. Degree of hybridisation by Mild Hybrid Electric Vehicle (MHEV) 5.3.1Mild Hybrid Electric Vehicle (MHEV) Market Overview 5.3.2Mild Hybrid Electric Vehicle Market Size & Forecast 5.4Degree of hybridisation by Pure Electric Vehicle (EV or BEV) 5.4.1Pure Electric Vehicle (EV or BEV) Market Overview 5.4.2Pure Electric Vehicle Market Size & Forecast 5.5Degree of hybridisation by Plug-in Hybrid Electric Vehicle (PHEV) 5.5.1Plug-in Hybrid Electric Vehicle (PHEV) Market Overview 5.5.2Plug-in Hybrid Electric Vehicle (PHEV) Market Size & Forecast 6. LOW EMISSION VEHICLE, BY THE TYPE OF BATTERY USED (2022-2029) 6.1. Introduction 6.2. Low emission vehicle by Lithium Ion Batteries 6.2.1. Lithium Ion Batteries Overview 6.2.2. Lithium Ion Batteries Market Size & Forecast 6.3.Low emission vehicle by Nickel Metal Hydride 6.3.1Nickel Metal Hydride Overview 6.3.2Nickel Metal Hydride Market Size & Forecast 6.4.Low emission vehicle by. Lead Acid Batteries 6.4.1Lead Acid Batteries Overview 6.4.2Lead Acid Batteries Market Size & Forecast 6.5.Low emission vehicle by Nickel-Cadmium Batteries 6.5.1Nickel-Cadmium Batteries Overview 6.5.2Nickel-Cadmium Batteries Market Size & Forecast 7. LOW EMISSION VEHICLE, BY REGION (2022-2029) 7.1. North America Low emission vehicle 7.1.1. North America Low emission vehicle, by Degree of hybridisation 7.1.2. North America Low emission vehicle, by Vehicle Type 7.1.3. North America Low emission vehicle, by Region 18.104.22.168. U.S. Low emission vehicle 22.214.171.124. Canada Low emission vehicle 126.96.36.199. Rest of North America Low emission vehicle 7.2. Europe Low emission vehicle 7.2.1. Europe Low emission vehicle, by Degree of hybridisation 7.2.2. Europe Low emission vehicle, by Vehicle Type 7.2.3. Europe Low emission vehicle, by Region 188.8.131.52. France Low emission vehicle 184.108.40.206. Germany Low emission vehicle 220.127.116.11. U.K .Low emission vehicle 18.104.22.168. Rest of Europe Low emission vehicle 7.3. Asia Pacific Low emission vehicle 7.3.1. Asia-Pacific Low emission vehicle, by Degree of hybridisation 7.3.2. Asia-Pacific Low emission vehicle, by Vehicle Type 7.3.3. Asia-Pacific Low emission vehicle, by Region 22.214.171.124. China Low emission vehicle 126.96.36.199. Japan Low emission vehicle 188.8.131.52. India Low emission vehicle 184.108.40.206. Australia Low emission vehicle 220.127.116.11. South Korea Low emission vehicle 18.104.22.168. Rest of Asia Pacific Low emission vehicle 7.4. Middle East & Africa Low emission vehicle 7.4.1. Middle East & Africa Low emission vehicle, by Degree of hybridisation 7.4.2. Middle East & Africa Low emission vehicle, by Vehicle Type 7.4.3. Middle East & Africa Low emission vehicle, by Region 22.214.171.124. South Africa Low emission vehicle 126.96.36.199. Egypt Low emission vehicle 188.8.131.52. Nigeria Low emission vehicle 184.108.40.206. Rest of Middle East & Africa Low emission vehicle 7.5. Latin America Low emission vehicle 7.5.1. Latin America Low emission vehicle, by Degree of hybridisation 7.5.2. Latin America Low emission vehicle, by Vehicle Type 7.5.3. Latin America Low emission vehicle, by Region 220.127.116.11. Brazil Low emission vehicle 18.104.22.168. Argentina Low emission vehicle 22.214.171.124. Columbia Low emission vehicle 126.96.36.199. Mexico Low emission vehicle 188.8.131.52. Rest of Latin America Low emission vehicle 8 MARKET SHARE ANALYSIS 8.1 Low Emission Vehicle Market Share Analysis, by Key Players 8.1.1 North America Low emission vehicle Market Share Analysis, by Key Players 8.1.2 Europe Low emission vehicle Market Share Analysis, by Key Players 8.1.3 APAC Low emission vehicle Market Share Analysis, by Key Players 8.1.4 Middle East & Africa Low emission vehicle Market Share Analysis, by Key Players 8.1.5 Latin America Low emission vehicle Market Share Analysis, by Key Players 8.2 Low emission vehicle Market: Key Innovators 8.3 Patent Analysis Year 2019 9. MARKET COMPETITION ANALYSIS 9.1. Market Share/Positioning Analysis 9.2. Key Innovators 9.3. Company Profiles 9.3.1. Nissan 184.108.40.206. Overview 220.127.116.11. Products/ End-User 18.104.22.168. Strategy 22.214.171.124. Key Developments 9.3.2. Cobasys 126.96.36.199. Overview 188.8.131.52. Products/ End-User 184.108.40.206. Strategy 220.127.116.11. Key Developments 9.3.3. Suzuki 18.104.22.168. Overview 22.214.171.124. Products/ End-User 126.96.36.199. Strategy 188.8.131.52. Key Developments 9.3.4. Hyundai 184.108.40.206. Overview 220.127.116.11. Products/ End-User 18.104.22.168. Strategy 22.214.171.124. Key Developments 9.3.5. Honeywell 126.96.36.199. Overview 188.8.131.52. Products/ End-User 184.108.40.206. Strategy 220.127.116.11. Key Developments 9.3.6. Renault 18.104.22.168. Overview 22.214.171.124. Products/ End-User 126.96.36.199. Strategy 188.8.131.52. Key Developments 9.3.7. BMW 184.108.40.206. Overview 220.127.116.11. Products/ End-User 18.104.22.168. Strategy 22.214.171.124. Key Developments 9.3.8. Ford 126.96.36.199. Overview 188.8.131.52. Products/ End-User 184.108.40.206. Strategy 220.127.116.11. Key Developments 9.3.9. Delphi 18.104.22.168. Overview 22.214.171.124. Products/ End-User 126.96.36.199. Strategy 188.8.131.52. Key Developments 8.3.10. Volkswagen 184.108.40.206. Overview 220.127.116.11. Products/ End-User 18.104.22.168. Strategy 22.214.171.124. Key Developments 8.3.11. Volkswagen 8.3.12. Honda Motor Co., Ltd. 8.3.13. GE Motors Co., BYD Company Ltd. 8.3.14. Renault 8.3.15. AUDI AG. 8.3.16. AB Volvo 8.3.17. Geely Auto 8.3.18. ŠKODA AUTO a.s. 8.3.19. JAGUAR LAND ROVER LIMITED 8.3.20. Lexus 8.3.21. Polestar.