Precedence Research analyzes the new publication titled “Solar Vehicle Market (By Vehicle Type: Passenger and Commercial; By Electric Vehicle Type: BEV, HEV, and Plug-in HEV; By Battery Type: Lithium Ion, Lead Acid, and Lead Carbon) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 - 2030”, As per the report, the solar vehicle market size was US$ 328.4 million in 2020. It is projected to grow US$ 5.26 million by 2030 at a CAGR of 32.2% in the forecast period.
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Market Overview
A recent study by Precedence Research on the solar vehicle market offers a forecast for 2021 and 2030. The study analyzes crucial trends that are currently determining the growth of the solar vehicle market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of solar vehicle. The study also provides the dynamics that are responsible for influencing the future status of this market over the forecast period.
A detailed assessment of the solar vehicle market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the solar vehicle market along with their product portfolio enhances the reliability of this comprehensive research study.
Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
Key Points
- Primary Research
- Secondary Research
- Market Size Estimation
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Challenges
- Macroeconomic Indicators
- Technology Trends and Assessment
- Market Factor Analysis
- Porter’s Five Forces Analysis
- Bargaining Power Of Suppliers
- Bargaining Power Of Buyers
- Threat Of New Entrants
- Threat Of Substitutes
- Intensity Of Rivalry
- Value Chain Analysis
- Investment Feasibility Analysis
- Pricing Analysis
Research Methodology
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, the structure of the market participants and industry's competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
Industry participants involved in this research study include:
- CEOs, VPs, market intelligence managers
- Procuring and national sales managers technical personnel, distributors and resellers
- Research analysts and key opinion leaders from various domains
Competition Landscape
In the final section of the report on the global solar vehicle market, a 'dashboard view' of the companies has been provided to compare the current market scenario and the contribution of companies to the global solar vehicle market. Moreover, the report is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to segments of the global market. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the solar vehicle marketplace.
Some of the prominent players in the global solar vehicle market include:
- Volkswagen
- Toyota
- Lightyear
- Ford Motor Company
- Fiat Chrysler Automobiles
- America Cruise Car
- Venturi Automobiles
- Hanergy
- Mahindra
- The Solar Electric Vehicle Company
Market Segmentation
Segments of the global solar vehicle market have been analyzed in terms of their market share to understand an individual segment’s relative contribution to market growth. This detailed level of information is important for identifying key trends in the global solar vehicle market.
Market Segments as below:
By Vehicle Type
- Passenger
- Commercial
By Electric Vehicle Type
- BEV
- HEV
- Plug-in HEV
By Battery Type
- Lithium Ion
- Lead Acid
- Lead Carbon
By Solar Panel
- Monocrystalline
- Polycrystalline
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Solar Vehicle Market
5.1. COVID-19 Landscape: Solar Vehicle Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Solar Vehicle Market, By Vehicle
8.1. Solar Vehicle Market, by Vehicle Type, 2021-2030
8.1.1. Passenger
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Commercial
8.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Solar Vehicle Market, By Electric Vehicle
9.1. Solar Vehicle Market, by Electric Vehicle, 2021-2030
9.1.1. BEV
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. HEV
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Plug-in HEV
9.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Solar Vehicle Market, By Battery Type
10.1. Solar Vehicle Market, by Battery Type, 2021-2030
10.1.1. Lithium Ion
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Lead Acid
10.1.2.1. Market Revenue and Forecast (2019-2030)
10.1.3. Lead Carbon
10.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Solar Vehicle Market, By Solar Panel Type
11.1. Solar Vehicle Market, by Solar Panel Type, 2021-2030
11.1.1. Monocrystalline
11.1.1.1. Market Revenue and Forecast (2019-2030)
11.1.2. Polycrystalline
11.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 12. Global Solar Vehicle Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.1.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.1.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.1.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.1.5.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.1.5.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.1.5.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.1.6.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.1.6.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.1.6.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.2.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.2.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.2.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.2.5.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.2.5.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.2.5.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.2.6.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.2.6.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.2.6.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.2.7.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.2.7.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.2.7.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.2.8.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.2.8.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.2.8.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.3.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.3.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.3.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.3.5.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.3.5.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.3.5.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.3.6.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.3.6.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.3.6.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.3.7.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.3.7.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.3.7.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.3.8.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.3.8.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.3.8.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.4.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.4.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.4.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.4.5.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.4.5.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.4.5.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.4.6.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.4.6.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.4.6.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.4.7.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.4.7.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.4.7.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.4.8.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.4.8.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.4.8.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.5.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.5.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.5.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.5.5.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.5.5.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.5.5.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)
12.5.6.2. Market Revenue and Forecast, by Electric Vehicle (2019-2030)
12.5.6.3. Market Revenue and Forecast, by Battery Type (2019-2030)
12.5.6.4. Market Revenue and Forecast, by Solar Panel Type (2019-2030)
Chapter 13. Company Profiles
13.1. Volkswagen
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Toyota
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Lightyear
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Ford Motor Company
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Fiat Chrysler Automobiles
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. America Cruise Car
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Venturi Automobiles
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Hanergy
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Mahindra
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. The Solar Electric Vehicle Company
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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