India Air Powered Vehicle Market is expected to grow at Highest CAGR during Forecast Period. 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. Air powered vehicle is a compressed air vehicle that uses compressed air for impulsion. It is an eco-friendly vehicle, which uses air as a fuel and works on the principle of Compressed Air Technology (CAT). These vehicles utilize the expansion of compressed air to drive the pistons of an engine. The engine employed in an air-powered vehicle is called an air driven engine, which is the air-filled actuator that creates useful work by expanding compressed air. There is no mixing of fuel with air, subsequently, there is no combustion in an air powered vehicle. To know about the Research Methodology:-Request Free Sample Report Low speed of the air powered vehicle coupled with limited infrastructure for refuelling is a major factor that is likely to delay the air powered vehicle market during the forecast period. Furthermore, a rise in acceptance of electric vehicles, owing to emission concerns and government subsidies and incentives being offered on a purchase on electric vehicles, is another factor that is projected to hamper the air powered vehicle market during the forecast period. Tata Motors had signed a license agreement with the France-based Motor Development International (MDI) to produce and sell compressed air cars using MDI technology in India as well as further refine the technology. Tata Motors is aggressively making moves at developing environment-friendly vehicles across passenger segments. The company revealed a raft of public transportation products – electric, hybrid, fuel cell, and LNG – at its Pune plant, all of them showcasing the manufacturer’s focus on smart and green technology and new mobility solutions. For now, the concept has been only tested in two of Tata motor vehicles and now both Tata and MDI are working on the development of the technology and technical processes which would help to industrialize a market-ready product. So that it will take at least a couple of years before we hear anything important about the launch of the product in the Indian market. MDI, the company behind the AirPod claims the product price to be around US$ 10,000 which would translate to anywhere between Rs. 5-6 lakhs in India, thus making it a very feasible option for the Indians who are already struggling to come to terms with the increasing prices of fuel in India. Hence if Tata is able to pull off this one, it would come as a huge relief for the Indians. The technology however still needs a lot of work. American company Zero Pollution Motors has purchased the technology and aims to introduce it in the American market. It is a prospect that is still warming up towards the idea of green technology, but with the right push via government regulations, it will be possible. Key players operating in the market include Motor Development International SA, Tata Motors, Magnetic Air Car, Inc., Engineair Pty Ltd, Honda Motor Co., Ltd., and Groupe PSA.
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India Air Powered Vehicle Market by Energy Mode:• Single Energy Mode • Dual Energy Mode
India Air Powered Vehicle Market by Vehicle Type:• Passenger Vehicles • Commercial Vehicles
Key Players Operated In India Air Powered Vehicle Market:• Motor Development International SA • Tata Motors • Magnetic Air Car, Inc. • Engineair Pty Ltd • Honda Motor Co., Ltd. • Groupe PSA India CNG and LPG Vehicles Market
India Air Powered Vehicle Market1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 18.104.22.168. Secondary data 22.214.171.124. Secondary Sources 2.3.2. Primary Research 126.96.36.199. Data from Primary Sources 188.8.131.52. Breakdown of Primary Sources 3. Executive Summary: India Air Powered Vehicle Market Size, by Market Value (US$ Bn) and Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. India Air Powered Vehicle Market Analysis and Forecast, by Energy Mode 6.1. Introduction and Definition 6.2. Key Findings 6.3. India Air Powered Vehicle Market Value Share Analysis, by Energy Mode 6.4. India Air Powered Vehicle Market Size (US$ Bn) Forecast, by Energy Mode 6.5. India Air Powered Vehicle Market Analysis, by Energy Mode 6.6. India Air Powered Vehicle Market Attractiveness Analysis, by Energy Mode 7. India Air Powered Vehicle Market Analysis and Forecast, by Vehicle Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. India Air Powered Vehicle Market Value Share Analysis, by Vehicle Type 7.4. India Air Powered Vehicle Market Size (US$ Bn) Forecast, by Vehicle Type 7.5. India Air Powered Vehicle Market Analysis, by Vehicle Type 7.6. India Air Powered Vehicle Market Attractiveness Analysis, by Vehicle Type 8. India Air Powered Vehicle Market Analysis 8.1. Key Findings 8.2. India Air Powered Vehicle Market Overview 8.3. India Air Powered Vehicle Market Value Share Analysis, by Energy Mode 8.4. India Air Powered Vehicle Market Forecast, by Energy Mode 8.4.1. Single Energy Mode 8.4.2. Dual Energy Mode 8.5. India Air Powered Vehicle Market Value Share Analysis, by Vehicle Type 8.6. India Air Powered Vehicle Market Forecast, by Vehicle Type 8.6.1. Passenger Vehicles 8.6.2. Commercial Vehicles 8.7. PEST Analysis 8.8. Key Trends 8.9. Key Developments 9. Company Profiles 9.1. Market Share Analysis, by Company 9.2. Competition Matrix 9.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 9.2.2. New Product Launches and Product Enhancements 9.2.3. Market Consolidation 184.108.40.206. M&A by Regions, Investment and Applications 220.127.116.11. M&A Key Players, Forward Integration and Backward Integration 9.3. Company Profiles: Key Players 9.3.1. Tata Motors 18.104.22.168. Company Overview 22.214.171.124. Financial Overview 126.96.36.199. Product Portfolio 188.8.131.52. Business Strategy 184.108.40.206. Recent Developments 220.127.116.11. Manufacturing Footprint 9.3.2. Motor Development International SA 9.3.3. Magnetic Air Car, Inc. 9.3.4. Engineair Pty Ltd 9.3.5. Honda Motor Co., Ltd. 9.3.6. Groupe PSA 10. Primary Key Insights