Press release
Solar Vehicle Market by Size, Competitive dynamics, Cost Structure and Prominent Key Players like Volkswagen, Toyota, Ford, Mahindra & Mahindra, Nissan, General Motors, Sono Motors, Hanergy Thin Film Power Group and Cruise Car
Global solar vehicle market is expected to be valued with approximately 2617 units in 2018 is anticipated to grow with a healthy growth rate of more than 36% over the forecast period 2019-2026. Increasing demand of pollution free vehicle followed by rising government regulations and policies regarding solar vehicle is expected to drive the market growth. Additionally, distributed solar energy would help in reducing transmission and distribution losses thereby, reducing co2 emission. Moreover, automotive manufacturers across the globe have started manufacturing solar vehicles for fulfilling the future demand of emission less vehicle.The report provides important information and detailed studies about the industry with economic impacts and regulatory and market support. It also presents a top-down, comprehensive outlook for the key players in the industry over the next two years, based on the key themes set to transform their industry landscape.
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Some of the major players operating in the market are Volkswagen, Toyota, Ford, Mahindra & Mahindra, Nissan, General Motors, Sono Motors, Hanergy Thin Film Power Group, Cruise Car, Solar Electric Vehicle Company, Jinko Solar and Trina Solar
On the basis of segmentation, the solar vehicle market is segmented into EV, Vehicle type, battery, solar panel, neighborhood vehicle and charging station. EV segment is further divided into BEV, HEV and PHEV. Moreover, vehicle type is segmented into PCpc and CV. Battery segment includes lithium-ion, lead acid and lead carbon. Solar panel is further divided into monocrystalline and polycrystalline. Neighborhood vehicles includes Commercial Turf Utility Vehicles, Industrial Utility Vehicles, Golf Carts and Personnel Carrier.
The regional analysis of global solar vehicle market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The Asia Pacific region is estimated to lead the market. Europe is expected to be the fastest growing region, owing to technological advancements and increasing adoption of electric vehicles in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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Table of Contents
Chapter 1.Executive Summary
Chapter 2. Solar Vehicle Definition and Scope
Chapter 3. Solar Vehicle Dynamics
Chapter 4. Solar Vehicle Industry Analysis
Chapter 5. Solar Vehicle Market, by Vehicle Type
Chapter 6. Solar Vehicle Market, by EV Type
Chapter 7. Global Solar Vehicle Market, By Battery
Chapter 8.Global Solar vehicle Market, By Solar Panel
Chapter 9.Global Solar vehicle Market, By Charging Station
Chapter 10.Global Solar vehicle Market, By Neighbourhood Electric Vehicles (NEV)
Chapter 11. Solar Vehicle Market, by Regional Analysis
Chapter 12. Competitive Intelligence
Chapter 13. Research Process
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