Low Emission Vehicle Market worth _103.13 Billion by 2017.pdf

Document Sample
Low Emission Vehicle Market worth _103.13 Billion by 2017.pdf Powered By Docstoc
					Low Emission Vehicle Market worth $103.13
             Billion by 2017

According to a new market research report “Low Emission Vehicle Market (2012 - 2017) - By
Degree of Hybridization & Type of Traction Battery Used - Global Forecast, Trends &
Analysis”, the global low emission vehicle market was valued $21.13 billion in 2011 and is
expected to grow from $27.45 billion in 2012 to $103.13 billion by 2017 at an estimated CAGR
of 30.3% from 2012 to 2017. 826.8 thousand low emission vehicle were shipped on a global
level for 2011 and the number is expected to reach 3532.1 thousand units by 2017, at an
estimated CAGR of 27.8% from 2012 to 2017.

Browse 105 tables and in-depth TOC on “Low Emission Vehicle Market (2012 - 2017) - By
Degree of Hybridization & Type of Traction Battery Used - Global Forecast, Trends &
Analysis”.
http://www.marketsandmarkets.com/Market-Reports/hybrid-electric-vehicle-hev-battery-solar-
powered-market-649.html
Early buyers will receive 10% customization on this report.




A hybrid electric vehicle (HEV) is a type of hybrid vehicle and electric vehicle that combines a
conventional internal combustion engine (ICE) propulsion system with an electric propulsion
system. The presence of the electric powertrain is intended to achieve either better fuel economy
than a conventional vehicle, or better performance.

The world is dominated by ICE-powered vehicle and enjoying the benefits of advances in
technology and mass production; wide support from components manufacturer industries, and
availability of talented resources. However, the outcome of this dominance includes faster
consumption of global fossil fuel resources and an increasing amount of exhaust emissions such
as CO2 and CO in the environment. Given these challenges, governments and automakers are
looking for better alternative to ICE-powered vehicle that can reduce the exhaust emission and
reduce the dependence on oil, which is the primary fuel to tradition vehicles. That is why the
need for low emission vehicle is evolving and is continuously growing. This approach will act as
a medium to make automotive industry more environment–friendly, ultimately benefiting the
world.

Talking of low emission vehicle market based on degree of hybridization, FHEVs are expected
to remain as market leaders during the forecasted period. Market for FHEVs and BEVs will
develop at a faster rate due to governments’ initiatives to develop charging infrastructure and
development in battery technology. Till date, the mass produced FHEV cars have been powered
by nickel metal-hydride (NiMH) batteries, which are larger and heavier than lithium ion; for
example, battery used in Toyota Prius. For PHEV and BEV, lithium seems to the best option in
the years to come; due to its high energy density.

Various low emission vehicle types that are covered in the report are Mild Hybrid Electric
Vehicle (MHEV), Full Hybrid Electric Vehicle (FHEV), Plug-in Hybrid Electric Vehicle
(PHEV), and Pure Electric Vehicle (EV or BEV). The report also profiles 15 key low emission
vehicle manufacturers, along with 7 key players of the vehicle component manufacturers. The
report draws the competitive landscape of low emission vehicle market, providing an in-depth
comparative analysis of the technological and marketing strategies the key players are adopting
in order to gain an edge over the their competitors.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We
publish strategically analyzed market research reports and serve as a business intelligence partner
to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom
research services. They cover thirteen industry verticals, including advanced materials,
automotives and transportation, banking and financial services, biotechnology, chemicals,
consumer goods, energy and power, food and beverages, industrial automation, medical devices,
pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight
with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com

				
DOCUMENT INFO
Description: Low emission vehicle market report (2017)categorizes the global (Hybrid Electric Vehicle, Solar Powered) market on the basis of degree of hybridization, types of batteries and geographical analysis; forecasting revenue and analyzing trends 2017.