Market Overview:
The global alternative fuels advisor market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for clean and renewable energy sources across the globe. In addition, government initiatives and regulations supporting the use of alternative fuels are also contributing to the growth of this market. The global alternative fuels advisor market is segmented on the basis of type, application, and region. On the basis of type, it is divided into hydrogen & fuel cell, solar, hydroelectricity, and bio power. Solar energy accounted for a major share in 2017 owing to its growing popularity as a source of renewable energy worldwide. By application, it is classified into commercial and research applications.
Product Definition:
The Alternative Fuels Advisor is a tool that helps fleet managers decide which alternative fuel vehicles (AFVs) are best for their fleets. The advisor considers factors such as the number of miles a vehicle is driven, the type of driving done, and the availability of refueling infrastructure.
Hydrogen & Fuel Cell:
Hydrogen and fuel cell are terms used for the conversion of chemical energy derived from fuels into electrical energy. Fuel cells use hydrogen as a raw material to produce electricity in an electrolytic process. Hydrogen is produced by the reaction between water and natural or manufactured fuels such as fossil fuel, biomass, or coal. The most common way to produce hydrogen is through steam methane reforming which involves using natural gas or another carbon-based fuel source in an electric power plant.
Solar:
Solar is a renewable energy resource that provides clean electricity. It is the most abundant source of energy on earth and can be used to generate electricity for use in homes, industries, and transport. The sun's rays are captured using solar panels which convert the sun's radiation into usable forms of energy such as heat or light.
Application Insights:
The commercial application segment accounted for the largest share of over 70.0% in 2017 and is projected to witness significant growth over the forecast period. Rising demand for clean fuels in commercial applications, such as fueling stations, government-operated vehicles and ships, public transport buses & coaches, airports ground service equipment (GSE), and non-road mobile GSEs is expected to drive the market growth.
Hydrogen fuel cell powered forklifts are used at warehouses to reduce carbon emissions by up to 90%. The growing adoption of solar power alternatives across residential & commercial buildings as well as on-site power generation has resulted in increased demand for energy storage systems that use solar photovoltaic panels coupled with batteries. This trend is anticipated to have a positive impact on market growth over the forecast period owing to increasing investments from governments worldwide particularly from countries within Latin America and Asia Pacific regions that are supportive towards renewable energy sources like wind and solar PV panels.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing government support for alternative fuel technologies. China, India, and Japan are some of the largest markets in this region. The European Commission has set a target of achieving 40% reduction in greenhouse gas emissions by 2030 which will boost market growth over there. North America is also likely to have a positive impact on industry expansion as it has one of the highest penetration rates for electric vehicles across the globe.
Growth Factors:
- Increasing demand for alternative fuels due to environmental concerns and the need to reduce dependence on oil
- Government policies and regulations supporting the use of alternative fuels
- Rising prices of traditional fuel sources such as gasoline and diesel
- Advances in technology that make alternative fuel vehicles more efficient and affordable
- Growing public awareness of the benefits of using alternative fuels
Scope Of The Report
Report Attributes
Report Details
Report Title
Alternative Fuels Advisor Market Research Report
By Type
Hydrogen & Fuel Cell, Solar, Hydro, Bio power
By Application
Commercial, Research
By Companies
Viviant Solar, TerraForm Power, SunPower, SunEdison, SolarCity, Plug Power, NextEra Energy, First Solar (FSLR), Enphase, Canadian Solar
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 Fuels Advisor Market Report Segments:
The global Alternative Fuels Advisor market is segmented on the basis of:
Types
Hydrogen & Fuel Cell, Solar, Hydro, Bio power
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
Commercial, Research
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:
- Viviant Solar
- TerraForm Power
- SunPower
- SunEdison
- SolarCity
- Plug Power
- NextEra Energy
- First Solar (FSLR)
- Enphase
- Canadian Solar
Highlights of The Alternative Fuels Advisor 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:
- Hydrogen & Fuel Cell
- Solar
- Hydro
- Bio power
- By Application:
- Commercial
- Research
- 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 Fuels Advisor 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 Fuels Advisor is a website that provides information on alternative fuels, including ethanol and biodiesel. The site also includes tips for using alternative fuels in your car.
Some of the major companies in the alternative fuels advisor market are Viviant Solar, TerraForm Power, SunPower, SunEdison, SolarCity, Plug Power, NextEra Energy, First Solar (FSLR), Enphase, Canadian Solar.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alternative Fuels Advisor Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Alternative Fuels Advisor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Alternative Fuels Advisor Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Alternative Fuels Advisor Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Alternative Fuels Advisor Market Size & Forecast, 2020-2028 4.5.1 Alternative Fuels Advisor Market Size and Y-o-Y Growth 4.5.2 Alternative Fuels Advisor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hydrogen & Fuel Cell
5.2.2 Solar
5.2.3 Hydro
5.2.4 Bio power
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Research
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alternative Fuels Advisor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alternative Fuels Advisor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hydrogen & Fuel Cell
9.6.2 Solar
9.6.3 Hydro
9.6.4 Bio power
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Research
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hydrogen & Fuel Cell
10.6.2 Solar
10.6.3 Hydro
10.6.4 Bio power
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Research
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hydrogen & Fuel Cell
11.6.2 Solar
11.6.3 Hydro
11.6.4 Bio power
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Research
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hydrogen & Fuel Cell
12.6.2 Solar
12.6.3 Hydro
12.6.4 Bio power
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Research
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hydrogen & Fuel Cell
13.6.2 Solar
13.6.3 Hydro
13.6.4 Bio power
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Research
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alternative Fuels Advisor Market: Competitive Dashboard
14.2 Global Alternative Fuels Advisor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Viviant Solar
14.3.2 TerraForm Power
14.3.3 SunPower
14.3.4 SunEdison
14.3.5 SolarCity
14.3.6 Plug Power
14.3.7 NextEra Energy
14.3.8 First Solar (FSLR)
14.3.9 Enphase
14.3.10 Canadian Solar