Global Solar Powered Car Market to Grow in Value from $0.68 Billion in 2018 to $3.10 Billion in 2027 with a CAGR of 18.4% - ResearchAndMarkets.com

DUBLIN--()--The "Solar Powered Car - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Solar Powered Car Market accounted for $0.68 billion in 2018 and is expected to reach $3.10 billion by 2027 growing at a CAGR of 18.4% during the forecast period.

Resurgence to switch to cleaner energy and technological advancements are the major factors driving the market growth. However, the high dependency of solar-powered vehicles on external factors is restraining market growth.

A solar-powered car is a solar vehicle used for land transport. Solar-powered cars usually run on only power from the sun, although some models will supplement that power using a battery, or use solar panels to recharge batteries or run auxiliary systems for a car that mainly uses battery power.

Based on the application, the personal segment is likely to have a huge demand due to rising sales of Personal cars in the electric vehicle segment and the propulsive force needed for passenger cars is which is lesser than commercial vehicles. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the majority of these car sales and EV charging station installations. Furthermore, South Korea and India are taking initiatives to reduce greenhouse gas emissions by increasing the use of electric vehicles.

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 Emerging Markets

3.8 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Solar Powered Car Market, By Car

5.1 Introduction

5.2 Sedan

5.3 Hatchback

5.4 Utility Vehicle (UV)

6 Global Solar Powered Car Market, By Material

6.1 Introduction

6.2 Thin-Film Solar Cells

6.3 Crystalline Silicon Solar Cells

7 Global Solar Powered Car Market, By Solar Component

7.1 Introduction

7.2 Battery

7.3 Power Tracker

7.4 Solar Array

7.5 Other Solar Components

8 Global Solar Powered Car Market, By Electric Car

8.1 Introduction

8.2 Hybrid Electric Vehicle (HEV)

8.3 Plug-In Hybrid Electric Vehicle (PHEV)

8.4 Battery Electric Vehicle (BEV)

9 Global Solar Powered Car Market, By Application

9.1 Introduction

9.2 Commercial

9.3 Personal

10 Global Solar Powered Car Market, By Geography

10.1 Introduction

10.2 North America

10.2.1 US

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 Italy

10.3.4 France

10.3.5 Spain

10.3.6 Rest of Europe

10.4 Asia Pacific

10.4.1 Japan

10.4.2 China

10.4.3 India

10.4.4 Australia

10.4.5 New Zealand

10.4.6 South Korea

10.4.7 Rest of Asia Pacific

10.5 South America

10.5.1 Argentina

10.5.2 Brazil

10.5.3 Chile

10.5.4 Rest of South America

10.6 Middle East & Africa

10.6.1 Saudi Arabia

10.6.2 UAE

10.6.3 Qatar

10.6.4 South Africa

10.6.5 Rest of Middle East & Africa

11 Key Developments

11.1 Agreements, Partnerships, Collaborations and Joint Ventures

11.2 Acquisitions & Mergers

11.3 New Product Launch

11.4 Expansions

11.5 Other Key Strategies

12 Company Profiling

12.1 Audi AG

12.2 Clenergy TeamArrow

12.3 Cruise Car Inc.

12.4 EVX Pty Ltd

12.5 Ford Motor Company

12.6 General Motors

12.7 Hanergy Holding Group

12.8 Lightyear

12.9 Mahindra & Mahindra Limited

12.10 Solar Electric Vehicle Company

12.11 Sono Motors GmbH

12.12 Toyota Motor Corp

12.13 Venturi

12.14 Volkswagen AG

For more information about this report visit https://www.researchandmarkets.com/r/xr7rjv

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press 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