Global Low Emission Vehicles Market to Reach $104 Billion by 2022 - Growing Demand for Renewable Energy Transport - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Low Emission Vehicles Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report to their offering.

The Global Low Emission Vehicle Market is estimated to grow by CAGR 31% during the forecasted period 2016-2022. The market is estimated to reach $104 billion by 2022 from $28 billion in 2016.

The global low emission vehicle market is classified on the basis of battery technology and hybrid technology. Hybrid technology segment is further classified as pure electric vehicles, diesel hybrid electric vehicles, petrol hybrid electric vehicles and plug in hybrid electric vehicles. Demand for both pure electric vehicles and plug in hybrid vehicles has increased significantly over the years. ICCT estimates sales of HEV in 2015 have significantly increased by 44% compared to 11% in 2014. Norway in 2015 registered more than 40,000 plug in hybrid vehicles, the highest number in EU.

Government incentives towards clean transport, instable fuel prices, efficient HEV, and growing demand for renewable energy transport are the factors driving low emission vehicle market growth for the forecasted period. Geographically the report is segmented into North America, Asia pacific, Europe, and ROW.

Companies Mentioned

  • A123 Systems Inc.
  • BYD Company Ltd.
  • Cobasys Llc
  • Daimler Ag
  • Delphi Automotive Llp
  • Denso Corporation
  • Ford Motor Company
  • General Motors Co.
  • Honda Motor Co. Ltd.
  • Honeywell Interantional Inc.
  • Hynudai Motor Co. Ltd
  • Isuzu Motors Ltd
  • Kia Motors Corporation
  • Mercedes-Benz
  • Mitsubihi Motors Corporation
  • Tesla Motor Company

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis, 2014-2022

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/x4nplm/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

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