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Automotive and Transportation

New Energy Vehicles & Components Market Reports

Electric Bus Market by Vehicle Type (Battery Electric Bus, Plug-in Hybrid Electric Bus, Hybrid electric Bus), by Hybrid Powertrain (Parallel Hybrid, Series Parallel Hybrid, Series Hybrid), by Length (>10m, <10m), by Battery (LFP, NMC), by Customer (Public, Private), by Country (China, India, U.K., Germany, Netherlands, Lithuania, Austria, Belgium, Poland, Sweden, Spain, France, U.S., Canada, Brazil) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2025

The global electric bus market is forecasted to reach 331,327 units by 2025, registering a CAGR of 16.6% during the forecast period. The market has witnessed a significant growth in the recent past owing to the strict government norms and regulations, rising government support for the electric vehicles, and the declining battery prices. ... Continue Reading

Global Low Emission Vehicle Market Size, Share, Development, Growth and Demand Forecast to 2023

The global low emission vehicle market is growing at a significant rate, due to increasing availability of different hybrid electric vehicle models, development in battery technology, and increasing global prices of petroleum based fuel. The strict environmental regulations regarding controlling the increased pollutants from industrial emissions and vehicles are also ... Continue Reading

Low Speed Electric Vehicle (LSEV) Market by Product (Two-wheeler [Scooter, Motorcycle, Bikes, Kick Scooter, Mono Wheel], Three-wheeler, Four-wheeler), by Voltage (24V, 36V, 48V, 60V, 72V), by Geography (China, India, Japan, South Korea, Indonesia, Malaysia, Singapore, Philippines, Thailand) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2017–2025

The global LSEV market attained a size of $35.2 billion in 2017 and is forecasted to reach $68 billion by 2025, registering a CAGR of 8.2% during 2018–2025. The major factors driving the market growth are increasing environmental awareness, initiatives and subsidies offered by the governments, and declining electric vehicle battery costs. ... Continue Reading

Global Electric Vehicle (EV) Charging Station Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Product (AC Charging Stations; Level1, Level2, DC Charging Stations: CHAdeMO, SAE Combo, Others), by Location (Public, Private)

The global electric vehicle charging station market is being driven by increasing car parc of electric vehicles, up surging requirement of EV charging stations in corporations and institutions, and growing numbers of high net worth individuals (HNI). Car parc refers to the total number of cars in a particular region or country. With the growing concern of public and government towards environmental pollution, the electric vehicle sales have surged in the recent past.  ... Continue Reading

Asia-Pacific (APAC) Electric Scooters and Motorcycles Market By Product (Scooter, Motorcycle), By Battery Type (Sealed Lead Acid, Lithium-ion), By Voltage (36V, 48V, 60V, 72V), By Technology (Plug-in, Battery), By Country (China, Japan, India, South Korea) – Market Size, Share, Development, Growth, and Demand Forecast, 2013-2025

The APAC electric scooters and motorcycles market is forecasted to reach 31.2 million units by 2025, registering a CAGR of 7.6% during the forecast period. The market has witnessed a significant growth in the recent past, owing to the rapid urbanization in the growing economies of APAC, rising demand for light vehicles in the small cities and towns of the region, and the public awareness initiatives about the degrading air quality in the region. ... Continue Reading

Global Hybrid and Electric Vehicle Battery Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Type (Nickel–Metal Hydride (NiMH), Lithium-Ion (LIB)), by Application (Hybrid Electric Vehicle (HEV), Plugin Hybrid Electric vehicle (P-HEV), Electric Vehicle (EV)

The policy makers of various countries are focusing on public transit infrastructure with no or low pollution to tackle the air pollutant emissions, mainly in the densely populated cities and megacities. The air pollution caused due to fossil-fuel driven vehicle has become a major global concern. This in turn, has enforced the policy makers to look for an alternative, such as low emission vehicles. The natural gas based public transit is still the most dominant alternative of fossil-fuel based public transit; however, the... Continue Reading

Global Automotive Battery Market Size, Share, Development, Growth and Demand Forecast to 2023

Battery pack is the most essential element for any automotive vehicle. It stores electricity, which is used for the initial ignition of the vehicle engine. Due to the rapid growth in sales of electric buses and other automotive vehicles, the automotive battery market has also gained pace, because of the large-sized batteries required in the automotive vehicles. The application of batteries in the vehicles is altering the business landscape, at technology, supplier, and regional level. This will have major implications not... Continue Reading

Global CNG and LPG Vehicle Market Size, Share, Development, Growth and Demand Forecast to 2022 – Industry Insights by Fuel type (LPG, CNG), by Vehicle Type (Passenger Car, Light & Heavy Duty Trucks, Bus)

Natural gas is the cleanest burning fossil fuel and consequently has the emissions advantage over diesel and gasoline. Owing to their low emission properties, the environmental protection agency (EPA) has been able to set stricter emission mandates (particularly with NOx and atmospheric particulate matter reductions) that forced expensive diesel emission technology to be created to be as environmental friendly as natural gas. Both CNG and LPG ... Continue Reading

India Electric Bus Market by Type (BEB, HEB), by Length (<10m, >10m), by Battery (LFP, NMC), by Region (South, East, West, North) – Market Size, Share, Development, Growth, and Demand Forecast, 2017-2025

The Indian electric bus market is forecasted to reach 4,056 units by 2025, registering a CAGR of 38.0% during the forecast period. The market has recently witnessed a significant growth, mainly driven by the strict government emission norms and regulations, and government support in the form of subsidies and grants. The declining battery prices coupled with advancements in battery technology is also expected to boost the industry growth during the forecast period. ... Continue Reading

Europe Electric Bus Market by Technology (Pure Electric, Parallel Hybrid, Series Parallel Hybrid, and Series Hybrid), by Size (Above 10 Meters, and Below 10 Meters) - Market Size, Share, Development, Growth and Demand Forecast, 2013-2025

The demand for electric buses in the Europe has augmented dramatically over the last decade. The market in the country is predominantly driven by rising air quality concerns, high dependence on conventional or non-renewable fuels, strong environmental ethics and the growing need to assimilate renewables into a network. Penetration of charging infrastructure also plays an important role in market development. ... Continue Reading

Electric Scooter and Motorcycle Market by Product (Scooter, Motorcycle), by Battery Type (Sealed Lead Acid, Li-ion, Ni-MH), by Voltage (36V, 24V, 48V), by Technology (Plug-in, Battery), by Geography (US, Canada, Germany, Spain, UK, France, Italy, Netherland, Belgium, Austria, Sweden, Denmark, China, India, Japan, Indonesia, Thailand, South Korea, Brazil, Mexico, Chile, Colombia, Saudi Arabia, UAE, Qatar, South Africa) – Global Market Size, Share, Development, Growth and Demand Forecast, 2010-2025

The electric scooter and motorcycle market size is expected to reach $19,023.0 million by 2025, growing at a CAGR of 6.9% during 2017-2025. China has been the largest electric scooter and motorcycle market in Asia-Pacific, owing to its large population and high-paced urbanization. Whereas, India is expected to be the fastest growing market in the region. Since the past ten years, electric two-wheelers have been transforming the way people move in most of the Chinese cities. These features have been augmenting the demand f... Continue Reading

Electric Car Market by Technology (BEV, PHEV), by Segment (Economy, Low, Medium, Premium), by Geography (U.S., Canada, China, Japan, Netherlands, Norway, U.K., Germany, France) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The global electric car market sales are estimated to be 927,485 units in 2017, witnessing a CAGR of 33.6% during the forecast period. The stringent emission norms all across the globe coupled with government subsidies and incentives for EVs is the major factor driving the market for electric cars. ... Continue Reading

China Electric Car Market by Type (Battery, Hybrid, Plug-in Hybrid), by Technology (Sealed Lead Acid, Li-ion, Ni-MH), by Voltage (Low, Medium, High) – Market Size, Share, Development, Growth and Demand Forecast, 2013-2025

The subsidy being offered for the electric vehicles in China could be close to $7,000 depending upon the battery size. The subsidy is received by the company based on the electric car sales. Many companies put sub-standard parts in the car to receive the subsidy. Moreover, companies also inflated their car sales figures to receive the subsidy. Such incidences have put a bad name for the Chinese electric vehicles and affected the consumer perception for electric cars. Now, the government has plans to stop the subsidy in th... Continue Reading

India Electric Car Market by Type (Battery, Hybrid), by Technology (Sealed Lead Acid, Li-ion, Ni-MH), by Voltage (Low, Medium, High) – Market Size, Share, Development, Growth and Demand Forecast, 2013-2025

With no lithium deposits in India, the manufacturers would look for other options to power the electric cars or import lithium from other countries, in order to commercialise electric cars on a large scale. This could restrict many companies to start battery manufacturing plant in the country. Moreover, the battery prices could fluctuate based on the exchange rates and global supply of lithium affecting the prices of electric cars. ... Continue Reading

North America Electric Car Market by Type (Battery, Hybrid, Plug-in Hybrid), by Technology (Sealed Lead Acid, Li-ion, Ni-MH), by Voltage (Low, Medium, High), by Geography (U.S., Canada) – Market Size, Share, Development, Growth and Demand Forecast, 2013-2025

Lack of sufficient number of recharging stations is a major constraint for the electric car market growth. There are around 16,000 public recharging stations in the U.S., with majority being slow charging stations. Moreover, these too are unevenly distributed and concentrated in only the key cities. More recharging stations along with fast DC recharging stations would be required over the forecast period to match the projected sales of electric cars. ... Continue Reading

Asia-Pacific Electric Car Market by Type (Battery, Hybrid, Plug-in Hybrid), by Technology (Sealed Lead Acid, Li-ion, Ni-MH), by Voltage (Low, Medium, High), by Geography (China, India, Japan, Indonesia, Thailand, South Korea) – Market Size, Share, Development, Growth and Demand Forecast, 2013-2025

A typical car customer in major economies, such as India and China, is highly cost sensitive. Even though the running cost of an electric car is low (6kms per 1KWh), it is the high battery cost, which increases the upfront or showroom price of electric car, making owning expensive for an average customer. High upfront cost of an electric cars could slow down its sales in the region. However, declining prices of lithium-ion batteries over the last few years is a positive sign for the Asia-Pacific electric car market. ... Continue Reading

Europe Electric Car Market by Type (Battery, Hybrid, Plug-in Hybrid), by Technology (Sealed Lead Acid, Li-ion, Ni-MH), by Voltage (Low, Medium, High) by Geography (Germany, U.K., France, Netherlands, Italy, Belgium, Spain) – Market Size, Share, Development, Growth and Demand Forecast, 2013-2025

The value chain of electric vehicles is still underdeveloped in Europe. Apart from the recharging stations, the value chain includes the battery manufacturing, procurement and sourcing of various parts used in an electric car. The development of electric car market would require significant funding from the existing manufacturers and OEMs to develop electric versions of their existing car models. Apart from this, additional electricity used for charging the car batteries would need to be compensated by generating more ele... Continue Reading

India Electric Scooters and Motorcycles Market by Product (Scooter, Motorcycle), by Battery Type (Sealed Lead Acid, Lithium-ion), by Voltage (36V, 48V, 60V, 72V), by Technology (Plug-in, Battery) – Market Size, Share, Development, Growth, and Demand Forecast, 2013-2025

The Indian electric scooters and motorcycles market is projected to reach 757,900 units by 2025, registering a CAGR of 42.9% during the forecast period. The market has witnessed significant growth in the recent past owing to strict norms and regulations pertaining to environmental, government incentives, and rising environmental awareness. ... Continue Reading

North America Electric Scooters and Motorcycles Market by Product (Scooter, Motorcycle), by Battery Type (Sealed Lead Acid, Li-ion, Ni-MH), by Voltage (36V, 24V, 48V), by Technology (by Plug-in, Battery), by Geography (U.S., Canada) – Market Size, Share, Development, Growth and Demand Forecast, 2013-2025

In contrast to emerging economies such as China and India, the North American electric scooters and motorcycles market is characterised by low volume premium two-wheelers. Low prominence of two-wheelers in transportation (especially in the U.S.) has restricted the sales of electric two-wheelers to the affluent class, which buy only high-end or sports motorcycles in low numbers restricting the mass production and sales of electric two-wheelers in the region. ... Continue Reading

China Electric Scooters and Motorcycles Market by Product (Scooter, Motorcycle), by Battery Type (Sealed Lead Acid, Li-ion), by Voltage (36V, 48V, >60V), by Technology (Plug-in, Battery) – Market Size, Share, Development, Growth and Demand Forecast, 2013-2025

China electric scooters and motorcycles market size stood at $7.7 billion in 2017 and is projected to reach $12.5 billion by 2025, at a CAGR of 6.1% during the forecast period. While the government support in the form of subsidies and regulations have been less for electric scooters and motorcycles (when compared to other electric vehicles) and the infrastructure in the form of battery swapping facilities and recharging stations is not adequate, the market is still expected to grow in medium to long term driven by growing... Continue Reading

Brazil Electric Bus Market by Technology (Pure Electric, Parallel Hybrid, Series Parallel Hybrid, and Series Hybrid), by Size (Above 10 Meters, and Below 10 Meters) - Market Size, Share, Development, Growth and Demand Forecast, 2013-2025

Electric bus market in Brazil registered a CAGR of 212.7% during 2013 – 2016, recording a shipment of over 2,000 units in 2016. The market in Brazil is currently in its nascent phase, though it is expected to grow significantly after 2017. The growth of this market in Brazil is chiefly attributed to the growing demand to reduce dependency on fossil fuels. ... Continue Reading

U.S. Electric Bus Market by Technology (Pure Electric, Parallel Hybrid, Series Parallel Hybrid, Series Hybrid), by Size (Above 10 Meters, Below 10 Meters) - Market Size, Share, Development, Growth and Demand Forecast, 2013-2025

The U.S. electric bus market is expected to observe extensive growth in the coming years because of stringent emission norms and growing government support in the form of subsidies, grants, and tax rebates for electric vehicles. The transit agencies in the U.S. are reflecting their interest in zero emission buses. ... Continue Reading

China Electric Bus Market by Type (BEV, PHEV, HEV), by Hybrid Powertrain (Parallel Hybrid, Series Parallel Hybrid, Series Hybrid), by Length (>10m, 8m-10m, <8m), by Battery (LFP, NMC), by Customer (Public, Private) – Market Size, Share, Development, Growth, and Demand Forecast, 2013-2025

The Chinese electric bus market is attained a size of 112,966 units in 2017 and is forecasted to reach 299,866 units by 2025, registering a CAGR of 15.9% during 2018–2025. The market witnessed a significant growth in the historical period, mainly driven by government subsidies. Increasing government support and falling battery costs are expected to drive the sales of these buses during the forecast period. ... Continue Reading

Hybrid Electric Car Market by Hybridization (Full, Mild), by Type (Hatchback, Sedan), by Battery (NiMH, Li-ion), by Geography (U.S., Canada, China, Japan, South Korea, Germany, France, U.K.) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

Hybrid electric car market is estimated to be valued at $57,164.8 million in 2017 and is projected to reach $1,38,023.3 million by 2023, witnessing a CAGR of 16.7% during the forecast period. The stringent emission norms and falling battery prices in different regions are some of the main factors driving the market growth. ... Continue Reading

Automotive Regenerative Braking Systems Market by Storage Type (Battery, Flywheel, Ultracapacitors, Hydraulic), by Vehicle Type (Passenger Cars, Commercial Vehicles), by Geography (U.S., Canada, Germany, France, China, Japan, South Korea) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2016–2023

Global automotive regenerative braking systems market is estimated to be valued at $6,555.6 million in 2017, and is expected to witness a CAGR of 18.6% during the forecast period. The industry is driven by the increasing demand of eco-friendly and fuel-efficient vehicles. ... Continue Reading

Solar Powered Vehicles Market by Electric Vehicle (Hybrid, Full Electric), by Vehicle Type (Passenger Car, Commercial Vehicles), by Type (Three Wheeler, Four Wheeler) by Geography (U.S., Canada, U.K., Germany, France, China, India, Japan) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023

The solar powered vehicles market size is expected to witness a notable growth during the forecast period, majorly driven by increased emphasis by governments of various countries to promote environment-friendly vehicles. Moreover, the declining prices of solar panels and technological advancements in the industry would continue to benefit the solar powered vehicles market during the forecast period. ... Continue Reading

India Electric Rickshaw (Three-Wheeler) Market by Vehicle (Passenger Carrier, Load Carrier), by Motor Power (<1,000 W, 1,000–1,500 W, >1,500 W), by Battery Capacity (<101 Ah, >101 Ah), by Region (North, South, East, West) – Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

The Indian electric rickshaw market is projected to reach 935.5 thousand units by 2023, registering a CAGR of 15.9% during the forecast period. The market has witnessed significant growth in the recent past, owing to rising environmental awareness, government incentives, and implementation of stringent regulations to curb environmental degradation. ... Continue Reading

Asia-Pacific (APAC ) Low-Speed Electric Vehicle (LSEV) Market by Product (Two-Wheeler [Scooter, Motorcycle, Bike, Kick Scooter, Mono Wheel], Three-Wheeler, Four-Wheeler), By Voltage (24 V, 36 V, 48 V, 60 V, 72 V), By Country (China, India, Japan, South Korea, Indonesia, Malaysia, Singapore, Philippines, Thailand) – Market Size, Share, Development, Growth, and Demand Forecast, 2017–2025

The APAC LSEV market is projected to reach 71.8 million units by 2025, registering a CAGR of 6.6% during the forecast period. The market has witnessed significant growth in the recent past owing to increasing urbanization, favorable government policies, and declining battery prices. ... Continue Reading

Electric Aircraft Market by Platform (Fixed Wing Aircraft, Rotary Wing Aircraft, UAV), by Range (Less Than 500 km, More Than 500 km), by Type (Ultralight Aircraft, Light Jet), by Technology (Solar Powered Hybrid Aircraft, Fuel Powered Hybrid Aircraft, All-Electric Aircraft), by Application (Commercial, Military), by Geography (U.S., Canada, U.K., Sweden, Germany, France, United Kingdom, Netherlands, New Zealand, Norway, Japan, Australia, China, U.A.E.) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2016–2025

The global electric aircraft market size is projected to observe an extensive growth in the coming years due to increasing stringent emission norms related to aircraft industry coupled with increased investment in more efficient power electronics and high energy density batteries, and the requirement for new aircraft to meet the global air traffic demand. In addition, lower cost of ownership for the electric aircraft, is expected to boost the market in the near future. ... Continue Reading

U.S. Electric Bus Charging Station Market by Product (Plug-In Charging, Pantograph Charging, Inductive Charging), by Connector (J1772, CCS), by Charger (Off-Board, On-Board), by Charging (Fast Charging, Slow Charging) – Market Size, Share, Development, Growth, and Demand Forecast, 2016–2025

The U.S. electric bus charging station market size was valued at $19.9 million in 2017 and is projected to reach $221.5 million by 2025, witnessing a CAGR of 34.7% during the forecast period. The growing number of electric bus fleets in the country and favorable government schemes and regulations are the major factors driving the market. ... Continue Reading