The global alternative energy vehicles market is expected to grow at a CAGR of around 12.5% during the forecast period, from 2021 to 2030. The electric vehicles segment is expected to dominate the market with a share of over 50%. The hybrid electric vehicles segment is also expected to grow at a CAGR of around 10% during the forecast period.
Electric Vehicles: Electric vehicles are powered by electricity and do not use fossil fuels such as gasoline or diesel for propulsion. They are considered as zero emission vehicles and have been gaining popularity in recent years due to their environmental friendliness and low maintenance costs. These cars are also known for their high performance, which makes them suitable for long-distance driving. Hybrid Electric Vehicles: Hybrid electric vehicles combine two different sources of power - an internal combustion engine (ICE) and an electric motor - in order to reduce fuel consumption and emissions while maintaining performance levels similar to those offered by conventional cars with only an ICE engine.
Some Of The Growth Factors Of This Market:
- The cost of fuel is increasing and the price of oil is expected to rise in the future.
- The demand for energy efficient vehicles is increasing as a result of higher fuel prices and environmental concerns.
- Governments are providing incentives for consumers to purchase alternative energy vehicles, such as tax credits, rebates, and subsidies on electric vehicle purchases or charging stations installation costs.
- There are more than 100 million cars on the road in the United States alone that could be replaced by electric vehicles with a range of 200 miles per charge or more by 2020 according to Bloomberg New Energy Finance (BNEF).
- Electric vehicle sales have increased from 0% in 2010 to 1% in 2013 according to BNEF.
Industry Growth Insights published a new data on “Alternative Energy Vehicles Market”. The research report is titled “Alternative Energy Vehicles Market research by Types (Electric Vehicles, Hybrid Electric Vehicles, Other), By Applications (Parallel Import Dealers, Automobile Sales Service Shop, Network Platform, Other), By Players/Companies BYD, Geely, BAIC, Tesla, Renault-Nissan, BMW, GM, VW, Toyota, Renault, Ford, SAIC, Zotye, Daimler, Chery, JMCG, Changan, JAC, Hyundai, Mitsubishi, Yutong”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Alternative Energy Vehicles Market Research Report
By Type
Electric Vehicles, Hybrid Electric Vehicles, Other
By Application
Parallel Import Dealers, Automobile Sales Service Shop, Network Platform, Other
By Companies
BYD, Geely, BAIC, Tesla, Renault-Nissan, BMW, GM, VW, Toyota, Renault, Ford, SAIC, Zotye, Daimler, Chery, JMCG, Changan, JAC, Hyundai, Mitsubishi, Yutong
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Alternative Energy Vehicles Market Report Segments:
The global Alternative Energy Vehicles market is segmented on the basis of:
Types
Electric Vehicles, Hybrid Electric Vehicles, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Parallel Import Dealers, Automobile Sales Service Shop, Network Platform, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BYD
- Geely
- BAIC
- Tesla
- Renault-Nissan
- BMW
- GM
- VW
- Toyota
- Renault
- Ford
- SAIC
- Zotye
- Daimler
- Chery
- JMCG
- Changan
- JAC
- Hyundai
- Mitsubishi
- Yutong
Highlights of The Alternative Energy Vehicles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric Vehicles
- Hybrid Electric Vehicles
- Other
- By Application:
- Parallel Import Dealers
- Automobile Sales Service Shop
- Network Platform
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alternative Energy Vehicles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Alternative energy vehicles are electric or hybrid cars, trucks, buses and motorcycles.
Some of the major companies in the alternative energy vehicles market are BYD, Geely, BAIC, Tesla, Renault-Nissan, BMW, GM, VW, Toyota, Renault, Ford, SAIC, Zotye, Daimler, Chery, JMCG, Changan, JAC, Hyundai, Mitsubishi, Yutong.
The alternative energy vehicles market is expected to grow at a compound annual growth rate of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Alternative Energy Vehicles Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Alternative Energy Vehicles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Alternative Energy Vehicles Market - Supply Chain
4.5. Global Alternative Energy Vehicles Market Forecast
4.5.1. Alternative Energy Vehicles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Alternative Energy Vehicles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Alternative Energy Vehicles Market Absolute $ Opportunity
5. Global Alternative Energy Vehicles Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Alternative Energy Vehicles Market Size and Volume Forecast by Type
5.3.1. Electric Vehicles
5.3.2. Hybrid Electric Vehicles
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Alternative Energy Vehicles Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Alternative Energy Vehicles Market Size and Volume Forecast by Application
6.3.1. Parallel Import Dealers
6.3.2. Automobile Sales Service Shop
6.3.3. Network Platform
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Alternative Energy Vehicles Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Alternative Energy Vehicles Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Alternative Energy Vehicles Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Alternative Energy Vehicles Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Alternative Energy Vehicles Demand Share Forecast, 2019-2026
9. North America Alternative Energy Vehicles Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Alternative Energy Vehicles Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Alternative Energy Vehicles Market Size and Volume Forecast by Application
9.4.1. Parallel Import Dealers
9.4.2. Automobile Sales Service Shop
9.4.3. Network Platform
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Alternative Energy Vehicles Market Size and Volume Forecast by Type
9.7.1. Electric Vehicles
9.7.2. Hybrid Electric Vehicles
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Alternative Energy Vehicles Demand Share Forecast, 2019-2026
10. Latin America Alternative Energy Vehicles Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Alternative Energy Vehicles Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Alternative Energy Vehicles Market Size and Volume Forecast by Application
10.4.1. Parallel Import Dealers
10.4.2. Automobile Sales Service Shop
10.4.3. Network Platform
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Alternative Energy Vehicles Market Size and Volume Forecast by Type
10.7.1. Electric Vehicles
10.7.2. Hybrid Electric Vehicles
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Alternative Energy Vehicles Demand Share Forecast, 2019-2026
11. Europe Alternative Energy Vehicles Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Alternative Energy Vehicles Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Alternative Energy Vehicles Market Size and Volume Forecast by Application
11.4.1. Parallel Import Dealers
11.4.2. Automobile Sales Service Shop
11.4.3. Network Platform
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Alternative Energy Vehicles Market Size and Volume Forecast by Tye
11.7.1. Electric Vehicles
11.7.2. Hybrid Electric Vehicles
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Alternative Energy Vehicles Demand Share, 2019-2026
12. Asia Pacific Alternative Energy Vehicles Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Alternative Energy Vehicles Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Alternative Energy Vehicles Market Size and Volume Forecast by Application
12.4.1. Parallel Import Dealers
12.4.2. Automobile Sales Service Shop
12.4.3. Network Platform
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Alternative Energy Vehicles Market Size and Volume Forecast by Type
12.7.1. Electric Vehicles
12.7.2. Hybrid Electric Vehicles
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Alternative Energy Vehicles Demand Share, 2019-2026
13. Middle East & Africa Alternative Energy Vehicles Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Alternative Energy Vehicles Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Alternative Energy Vehicles Market Size and Volume Forecast by Application
13.4.1. Parallel Import Dealers
13.4.2. Automobile Sales Service Shop
13.4.3. Network Platform
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Alternative Energy Vehicles Market Size and Volume Forecast by Type
13.7.1. Electric Vehicles
13.7.2. Hybrid Electric Vehicles
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Alternative Energy Vehicles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Alternative Energy Vehicles Market: Market Share Analysis
14.2. Alternative Energy Vehicles Distributors and Customers
14.3. Alternative Energy Vehicles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BYD
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Geely
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BAIC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tesla
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Renault-Nissan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BMW
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GM
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. VW
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Toyota
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Renault
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ford
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SAIC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zotye
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Daimler
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Chery
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. JMCG
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Changan
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. JAC
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hyundai
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Mitsubishi
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
