DUBLIN--(BUSINESS WIRE)--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