DUBLIN—The "Global Low Emission Vehicle Market - By Battery Type, Vehicle Type, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report has been added to Research and Markets' offering.
The Low Emission Vehicle Market was $28 billion USD in 2016 and is estimated to reach $104 billion by 2022, growing at a CAGR of 31% during the forecasted period.
Transport plays a key role in today's world. The unending use of transport creates the need to mitigate various problems associated with it, such as the increase in the levels of congestion and traffic, noise and emissions of different gases into the environment .Pollutants released from vehicles into the environment can be controlled by setting up emission standards. Low emission vehicles are hybrid vehicles which involve a combination of traditional engines (Internal Combustion Engines) and electric vehicles.
Abundance of surplus resources, mass production, technological advances and demand from manufacturers in different industries has made it easier for the Internal Combustion Engines (ICE) to become a dominant and one of the most in- demand technology. Low-emission vehicle is a collective term for the vehicles which emit significantly lower amounts of exhaust gases.
Increasing petroleum fuel prices, government support toward fuel efficient vehicles, advances in battery technology, tax credits for companies manufacturing low emission vehicles, and HEV models available in the market. Absence of infrastructure support and incentives to buy low emission vehicles in emerging economies, raw material costs, performance & power of HEV vehicles are the challenges and restraint deliberated in this market scenario.
Companies Mentioned
- BMW
- Daimler AG
- Ford
- Honda
- Hyundai
- Kia Motors
- Mitsubishi
- Tesla
- Toyota
- Volkswagen AG
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Low Emission Vehicles Market Segmentation, Forecasts and Trends - By Revenue
6. By Battery Type
7. By Vehicle Type
8. By Region
9. Vendor Market Share Analysis
10. Company Profiles
11. Industry Structure
For more information about this report visit https://www.researchandmarkets.com/research/v66mlk/global_low
Contacts
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Electric and Hybrid Vehicles, Battery Technology