The indispensable nature of transport creates the necessity to mitigate the various problems associated with it, such as the increase in the levels of congestion and traffic, noise and emissions of dissimilar gases into the environment. Impurities released from vehicles into the environment can be measured by setting up emission standards. Emission standards order the limits of pollutants such as Sulphur Oxides (NOX and SOX), CO2, and oxides of nitrogen.
MARKET DYNAMICS
Strict environmental regulations for rising pollutants in transport and industrial emissions are predicted to stimulate product demand. Moreover, the rising population, coupled with the cumulative usage of individual transport vehicles, donates to a significant increase in air pollution in metropolitan cities.
MARKET SCOPE
The "Global Low Emission Vehicle Market Analysis to 2028" is a specialized and in-depth study of the low emission vehicle market with a special focus on the global market trend analysis. The report aims to provide an overview of low emission vehicle market with detailed market segmentation by hybridization, batteries. The global low emission vehicle market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading low emission vehicle market players and offers key trends and opportunities in the low emission vehicle market.
MARKET SEGMENTATION
The global low emission vehicle market is segmented on the basis of hybridization, batteries. On the basis of hybridization, the market is segmented as mild hybrid electric vehicle (MHEV), full hybrid electric vehicle (FHEV), plug-in hybrid electric vehicle (PHEV), pure electric vehicle (EV or BEV). On the basis of batteries, the market is segmented as lead acid battery, nickel cadmium battery, metal hydride battery, lithium ion battery.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global low emission vehicle market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The low emission vehicle market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting low emission vehicle market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the low emission vehicle market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global low emission vehicle market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The low emission vehicle market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting low emission vehicle market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the low emission vehicle market in these regions.
MARKET PLAYERS
The reports cover key developments in the low emission vehicle market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from low emission vehicle market are anticipated to lucrative growth opportunities in the future with the rising demand for low emission vehicle market. Below mentioned is the list of few companies engaged in the low emission vehicle market.
The report also includes the profiles of key low emission vehicle market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- A123 SYSTEMS, INC.
- BYD Company Ltd.
- Daimler AG
- Delphi Technologies
- DENSO CORPORATION.
- FORD MOTOR COMPANY
- General Motors
- Honda Motor Co., Inc.
- Honeywell International Inc
- Hyundai Motor Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Low Emission Vehicle Market - By Hybridization
1.3.2Low Emission Vehicle Market - By Batteries
1.3.3Low Emission Vehicle Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.LOW EMISSION VEHICLE MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTEr's FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.LOW EMISSION VEHICLE MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.LOW EMISSION VEHICLE MARKET - GLOBAL MARKET ANALYSIS
6.1.LOW EMISSION VEHICLE - GLOBAL MARKET OVERVIEW
6.2.LOW EMISSION VEHICLE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.LOW EMISSION VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - HYBRIDIZATION
7.1.OVERVIEW
7.2.HYBRIDIZATION MARKET FORECASTS AND ANALYSIS
7.3.MILD HYBRID ELECTRIC VEHICLE (MHEV)
7.3.1.Overview
7.3.2.Mild Hybrid Electric Vehicle (MHEV) Market Forecast and Analysis
7.4.FULL HYBRID ELECTRIC VEHICLE (FHEV)
7.4.1.Overview
7.4.2.Full Hybrid Electric Vehicle (FHEV) Market Forecast and Analysis
7.5.PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV)
7.5.1.Overview
7.5.2.Plug-in Hybrid Electric Vehicle (PHEV) Market Forecast and Analysis
7.6.PURE ELECTRIC VEHICLE (EV OR BEV)
7.6.1.Overview
7.6.2.Pure Electric Vehicle (EV or BEV) Market Forecast and Analysis
8.LOW EMISSION VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - BATTERIES
8.1.OVERVIEW
8.2.BATTERIES MARKET FORECASTS AND ANALYSIS
8.3.LEAD ACID BATTERY
8.3.1.Overview
8.3.2.Lead Acid Battery Market Forecast and Analysis
8.4.NICKEL CADMIUM BATTERY
8.4.1.Overview
8.4.2.Nickel Cadmium Battery Market Forecast and Analysis
8.5.METAL HYDRIDE BATTERY
8.5.1.Overview
8.5.2.Metal Hydride Battery Market Forecast and Analysis
8.6.LITHIUM ION BATTERY
8.6.1.Overview
8.6.2.Lithium Ion Battery Market Forecast and Analysis
9.LOW EMISSION VEHICLE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Low Emission Vehicle Market Overview
9.1.2North America Low Emission Vehicle Market Forecasts and Analysis
9.1.3North America Low Emission Vehicle Market Forecasts and Analysis - By Hybridization
9.1.4North America Low Emission Vehicle Market Forecasts and Analysis - By Batteries
9.1.5North America Low Emission Vehicle Market Forecasts and Analysis - By Countries
9.1.5.1United States Low Emission Vehicle Market
9.1.5.1.1United States Low Emission Vehicle Market by Hybridization
9.1.5.1.2United States Low Emission Vehicle Market by Batteries
9.1.5.2Canada Low Emission Vehicle Market
9.1.5.2.1Canada Low Emission Vehicle Market by Hybridization
9.1.5.2.2Canada Low Emission Vehicle Market by Batteries
9.1.5.3Mexico Low Emission Vehicle Market
9.1.5.3.1Mexico Low Emission Vehicle Market by Hybridization
9.1.5.3.2Mexico Low Emission Vehicle Market by Batteries
9.2.EUROPE
9.2.1Europe Low Emission Vehicle Market Overview
9.2.2Europe Low Emission Vehicle Market Forecasts and Analysis
9.2.3Europe Low Emission Vehicle Market Forecasts and Analysis - By Hybridization
9.2.4Europe Low Emission Vehicle Market Forecasts and Analysis - By Batteries
9.2.5Europe Low Emission Vehicle Market Forecasts and Analysis - By Countries
9.2.5.1Germany Low Emission Vehicle Market
9.2.5.1.1Germany Low Emission Vehicle Market by Hybridization
9.2.5.1.2Germany Low Emission Vehicle Market by Batteries
9.2.5.2France Low Emission Vehicle Market
9.2.5.2.1France Low Emission Vehicle Market by Hybridization
9.2.5.2.2France Low Emission Vehicle Market by Batteries
9.2.5.3Italy Low Emission Vehicle Market
9.2.5.3.1Italy Low Emission Vehicle Market by Hybridization
9.2.5.3.2Italy Low Emission Vehicle Market by Batteries
9.2.5.4United Kingdom Low Emission Vehicle Market
9.2.5.4.1United Kingdom Low Emission Vehicle Market by Hybridization
9.2.5.4.2United Kingdom Low Emission Vehicle Market by Batteries
9.2.5.5Russia Low Emission Vehicle Market
9.2.5.5.1Russia Low Emission Vehicle Market by Hybridization
9.2.5.5.2Russia Low Emission Vehicle Market by Batteries
9.2.5.6Rest of Europe Low Emission Vehicle Market
9.2.5.6.1Rest of Europe Low Emission Vehicle Market by Hybridization
9.2.5.6.2Rest of Europe Low Emission Vehicle Market by Batteries
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Low Emission Vehicle Market Overview
9.3.2Asia-Pacific Low Emission Vehicle Market Forecasts and Analysis
9.3.3Asia-Pacific Low Emission Vehicle Market Forecasts and Analysis - By Hybridization
9.3.4Asia-Pacific Low Emission Vehicle Market Forecasts and Analysis - By Batteries
9.3.5Asia-Pacific Low Emission Vehicle Market Forecasts and Analysis - By Countries
9.3.5.1Australia Low Emission Vehicle Market
9.3.5.1.1Australia Low Emission Vehicle Market by Hybridization
9.3.5.1.2Australia Low Emission Vehicle Market by Batteries
9.3.5.2China Low Emission Vehicle Market
9.3.5.2.1China Low Emission Vehicle Market by Hybridization
9.3.5.2.2China Low Emission Vehicle Market by Batteries
9.3.5.3India Low Emission Vehicle Market
9.3.5.3.1India Low Emission Vehicle Market by Hybridization
9.3.5.3.2India Low Emission Vehicle Market by Batteries
9.3.5.4Japan Low Emission Vehicle Market
9.3.5.4.1Japan Low Emission Vehicle Market by Hybridization
9.3.5.4.2Japan Low Emission Vehicle Market by Batteries
9.3.5.5South Korea Low Emission Vehicle Market
9.3.5.5.1South Korea Low Emission Vehicle Market by Hybridization
9.3.5.5.2South Korea Low Emission Vehicle Market by Batteries
9.3.5.6Rest of Asia-Pacific Low Emission Vehicle Market
9.3.5.6.1Rest of Asia-Pacific Low Emission Vehicle Market by Hybridization
9.3.5.6.2Rest of Asia-Pacific Low Emission Vehicle Market by Batteries
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Low Emission Vehicle Market Overview
9.4.2Middle East and Africa Low Emission Vehicle Market Forecasts and Analysis
9.4.3Middle East and Africa Low Emission Vehicle Market Forecasts and Analysis - By Hybridization
9.4.4Middle East and Africa Low Emission Vehicle Market Forecasts and Analysis - By Batteries
9.4.5Middle East and Africa Low Emission Vehicle Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Low Emission Vehicle Market
9.4.5.1.1South Africa Low Emission Vehicle Market by Hybridization
9.4.5.1.2South Africa Low Emission Vehicle Market by Batteries
9.4.5.2Saudi Arabia Low Emission Vehicle Market
9.4.5.2.1Saudi Arabia Low Emission Vehicle Market by Hybridization
9.4.5.2.2Saudi Arabia Low Emission Vehicle Market by Batteries
9.4.5.3U.A.E Low Emission Vehicle Market
9.4.5.3.1U.A.E Low Emission Vehicle Market by Hybridization
9.4.5.3.2U.A.E Low Emission Vehicle Market by Batteries
9.4.5.4Rest of Middle East and Africa Low Emission Vehicle Market
9.4.5.4.1Rest of Middle East and Africa Low Emission Vehicle Market by Hybridization
9.4.5.4.2Rest of Middle East and Africa Low Emission Vehicle Market by Batteries
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Low Emission Vehicle Market Overview
9.5.2South and Central America Low Emission Vehicle Market Forecasts and Analysis
9.5.3South and Central America Low Emission Vehicle Market Forecasts and Analysis - By Hybridization
9.5.4South and Central America Low Emission Vehicle Market Forecasts and Analysis - By Batteries
9.5.5South and Central America Low Emission Vehicle Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Low Emission Vehicle Market
9.5.5.1.1Brazil Low Emission Vehicle Market by Hybridization
9.5.5.1.2Brazil Low Emission Vehicle Market by Batteries
9.5.5.2Argentina Low Emission Vehicle Market
9.5.5.2.1Argentina Low Emission Vehicle Market by Hybridization
9.5.5.2.2Argentina Low Emission Vehicle Market by Batteries
9.5.5.3Rest of South and Central America Low Emission Vehicle Market
9.5.5.3.1Rest of South and Central America Low Emission Vehicle Market by Hybridization
9.5.5.3.2Rest of South and Central America Low Emission Vehicle Market by Batteries
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.LOW EMISSION VEHICLE MARKET, KEY COMPANY PROFILES
11.1.A123 SYSTEMS, INC
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.BYD COMPANY LTD.
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.DAIMLER AG
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.DELPHI TECHNOLOGIES
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.DENSO CORPORATION.
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.FORD MOTOR COMPANY
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.GENERAL MOTORSÂ
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.HONDA MOTOR CO., INC.
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.HONEYWELL INTERNATIONAL INC
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.HYUNDAI MOTOR COMPANY
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. A123 SYSTEMS, INC
2. BYD Company Ltd.
3. Daimler AG
4. Delphi Technologies
5. DENSO CORPORATION.
6. FORD MOTOR COMPANY
7. General Motors
8. Honda Motor Co., Inc.
9. Honeywell International Inc
10. Hyundai Motor Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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