Alternative Fuel And Hybrid Vehicle Market By Alternative Fuel Type (Gaseous, Electric), By Vehicle Type (Two Wheelers, Passenger Cars, Battery Electric Passenger Cars, Hybrid Electric Passenger Cars, Alternative Fuel Passenger Cars, Commercial Vehicles), Industry Trends, Estimation & Forecast, 2016 - 2024

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Alternative Fuel and Hybrid Vehicle Market was valued at $318 billion in 2016 and is expected to reach $819 billion by 2024, having a CAGR of 12.8% during the forecast period of 2017 to 2024. The passenger car segment garnered the highest revenue share in the global alternative fuel and hybrid vehicle market.
  • Vehicles that use fuels other than conventional fuels such as gasoline and diesel are called as Alternative fuel and hybrid vehicles. Emerging depletion of conventional oil and gas reserves at an alarming rate has stimulated the adoption of these vehicles all over the globe. Moreover, the emission of less harmful compounds such as oxides of carbon, nitrogen, and sulfur from these vehicles has made them eco-friendly. In addition to this, some of these vehicles use electricity as their power source. The electric energy is stored in the vehicular batteries and can be recharged at charging stations. Further, the hybrid vehicles are capable of using both conventional and alternative fuels as a source of power. The driver can actually switch between these two power modes while driving as per the requirement. The electricity based vehicles have emerged out as a lucrative technology by offering easy chargeability and noiseless urban transportation. As per a survey, in 2016, the total sales of electric drive vehicles in US alone stood at 5, 04,060 units.

    Market Determinants

    The global AFHV market has exhibited a rapid growth in the recent years as a result of increased demand for fuel-efficient vehicles, stringent government laws & regulations regarding vehicle emission, and improved in public charging infrastructure. Technological improvisations in alternative fuel vehicles and favorable government initiatives such as high investment in electric and hybrid buses for public transit are boosting the market growth. However, fluctuating cost of fuel, lack of awareness and high initial cost of infrastructure might act as some major restraints to the growth. On the other hand, advancement in alternative fuel technologies, increasing interest in eco-friendly vehicles and continuously increasing government initiatives are expected to create huge opportunities for the growth of market in the near future.

    Asia-Pacific is the largest AFHV market in terms of revenue. However, North America and Europe are expected to witness the fastest growth with a CAGR of 15% during the forecast period of 2017-2024.

    GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET SEGMENTATION

    By Alternative Fuel Type

    • Gaseous (LPG, CNG, and LNG)
    • Electric
    • Others (Biofuel, Biodiesel, Fuel Cell, Liquid Nitrogen, and Dimethyl Ether)

    By Vehicle Type

    • Two Wheelers
    • Passenger Cars
    o Battery Electric Passenger Cars
    o Hybrid Electric Passenger Cars
    o Alternative Fuel Passenger Cars
    • Commercial Vehicles
    o Battery Electric Commercial Vehicles
    o Hybrid Electric Commercial Vehicles
    o Alternative Fuel Commercial Vehicles

    By Geography

    North America
    • U.S
    • Canada
    • Mexico

    Europe
    • U.K
    • Germany
    • The Netherlands
    • Norway
    • France
    • Rest of Europe

    Asia-Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of APAC

    Rest of the World
    • Latin America
    • Middle East
    • Africa

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  • CHAPTER 1. INTRODUCTION
    1.1. RESEARCH METHODOLOGY
    1.1.1. ERC desk research
    1.1.2. ERC data synthesis
    1.1.3. Data validation and market feedback
    1.1.4. ERC data sources
    1.2. RESEARCH SUMMARY

    CHAPTER 2. MARKET LANDSCAPE 
    2.1. ESEARCH SCOPE
    2.2. VALUE CHAIN ANALYSIS
    2.3. FIVE FORCES ANALYSIS
    2.4. MARKET PLAYER POSITIONING
    2.5. DEMAND FORECAST 17
    2.6. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS
    2.7. MARKET DETERMINANTS
    2.7.1. Drivers
    2.7.1.1. Increasing demand for fuel efficient vehicles
    2.7.1.2. Rising growth of public charging infrastructure
    2.7.1.3. Strict government regulations towards vehicle emission
    2.7.2. Restraints
    2.7.2.1. High cost of vehicle
    2.7.2.2. Fuel economy is low
    2.7.3. Opportunities
    2.7.3.1. Increasing government initiatives
    2.7.3.2. Technology advancement in alternative fuel vehicles

    CHAPTER 3. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET BY ALTERNATIVE FUEL TYPE 
    3.1. SEGMENT OUTLINE
    3.2. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY ALTERNATIVE FUEL TYPE,2016-2024
    3.3. GASEOUS FUEL( LPG,CNG AND LNG)
    3.3.1. Trend analysis
    3.3.2. Market growth indicators
    3.3.3. Global gaseous fuel market revenue by region,2016-2024
    3.4. PURE ELECTRIC
    3.4.1. Trend analysis
    3.4.2. Market growth indicators
    3.4.3. Global pure electric market revenue by region,2016-2024
    3.5. OTHER( BIOFUEL,BIO-DIESEL, FUEL CELL, DIMETHYL ETHER AND LIQUID NITROGEN)
    3.5.1. Trend analysis
    3.5.2. Market growth indicators
    3.5.3. Global other alternative fuel market revenue by region,2016-2024

    CHAPTER 4. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET BY VEHICLE TYPE
    4.1. SEGMENT OUTLINE
    4.2. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICEL MARKET REVENUE BY VEHICLE TYPE,2016-2024
    4.3. TWO WHEELER
    4.3.1. Trend analysis
    4.3.2. Market growth indicators
    4.3.3. Global two wheeler market revenue by region,2016-2024
    4.4. PASSENGER CARS
    4.4.1. Trend analysis
    4.4.2. Market growth indicators
    4.4.3. Global passeneger cars market revenue by region,2016-2024
    4.4.4. Battery electric passenger car
    4.4.5. Hybrid electric passenger car
    4.4.6. Alternative fuel passenger car
    4.5. COMMERCIAL VEHICLE
    4.5.1. Trend analysis
    4.5.2. Market growth indicators
    4.5.3. Global commercial vehicel market revenue by region,2016-2024
    4.5.4. Battery electric commercial vehicle
    4.5.5. Hybrid electric commercial vehicle
    4.5.6. Alternative fuel commercial vehicle

    CHAPTER 5. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET BY GEOGRAPHY 
    5.1. SEGMENT OUTLINE
    5.2. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY GEOGRAPHY,2016-2024
    5.3. NORTH AMERICA
    5.3.1. Trend analysis
    5.3.2. Market growth indicators
    5.3.3. North America alternative fuel and hybrid vehicle market revenue by country,2016-2024
    5.3.4. U.S.
    5.3.5. Mexico
    5.3.6. Canada
    5.4. EUROPE
    5.4.1. Trend analysis
    5.4.2. Market growth indicators
    5.4.3. Europe alternative fuel and hybrid vehicle market revenue by country,2016-2024
    5.4.4. U.K.
    5.4.5. Germany
    5.4.6. France
    5.4.7. Netherland
    5.4.8. Norway
    5.4.9. Rest of Europe
    5.5. ASIA-PACIFIC
    5.5.1. Trend analysis
    5.5.2. Market growth indicators
    5.5.3. Asia-Pacific alternative fuel and hybrid vehicle market revenue by country,2016-2024
    5.5.4. India
    5.5.5. China
    5.5.6. Japan
    5.5.7. South Korea
    5.5.8. Rest of Asia-Pacific
    5.6. REST OF THE WORLD (ROW)
    5.6.1. Trend analysis
    5.6.2. Market growth indicators
    5.6.3. ROW alternative fuel and hybrid vehicle market revenue by country,2016-2024
    5.6.4. Latin America
    5.6.5. Middle East
    5.6.6. Africa

    CHAPTER 6. KEY VENDOR PROFILES
    6.1. FORD MOTOR COMPANY
    6.1.1. Company synopsis
    6.1.2. Company snapshot
    6.1.3. Business overview
    6.1.4. Strategic analysis
    6.2. GENERAL MOTORS
    6.2.1. Company synopsis
    6.2.2. Company snapshot
    6.2.3. Business overview
    6.2.4. Strategic analysis
    6.3. BYD COMPANY LIMITED
    6.3.1. Company synopsis
    6.3.2. Company snapshot
    6.3.3. Business overview
    6.3.4. Strategic analysis
    6.4. HONDA MOTOR CO., LIMITED
    6.4.1. Company synopsis
    6.4.2. Company snapshot
    6.4.3. Business overview
    6.4.4. Strategic analysis
    6.5. BMW GROUP
    6.5.1. Company synopsis
    6.5.2. Company snapshot
    6.5.3. Business overview
    6.5.4. Strategic analysis
    6.6. AUDI AG
    6.6.1. Company synopsis
    6.6.2. Company snapshot
    6.6.3. Business overview
    6.6.4. Strategic analysis
    6.7. TESLA MOTORS
    6.7.1. Company synopsis
    6.7.2. Company snapshot
    6.7.3. Business overview
    6.7.4. Strategic analysis
    6.8. ZERO MOTORCYCLES, INC.
    6.8.1. Company synopsis
    6.8.2. Company snapshot
    6.8.3. Business overview
    6.8.4. Strategic analysis
    6.9. DAIMLER AG
    6.9.1. Company synopsis
    6.9.2. Company snapshot
    6.9.3. Business overview
    6.9.4. Strategic analysis
    6.10. TOYOTA MOTOR CORPORATION
    6.10.1. Company synopsis
    6.10.2. Company snapshot
    6.10.3. Business overview
    6.10.4. Strategic analysis

    LIST OF TABLES

    TABLE NO 1. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY ALTERNATIVE FUEL TYPE,2016-2024($BILLION)
    TABLE NO 2. GLOBAL GASEOUS FUEL MARKET REVENUE BY REGION,2016-2024($BILLION)
    TABLE NO 3. GLOBAL PURE ELECTRIC MARKET REVENUE BY REGION,2016-2024($BILLION)
    TABLE NO 4. GLOBAL OTHER ALTERNATIVE FUEL MARKET REVENUE BY REGION,2016-2024($BILLION)
    TABLE NO 5. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICEL MARKET REVENUE BY VEHICLE TYPE,2016-2024($BILLION)
    TABLE NO 6. GLOBAL TWO WHEELER MARKET REVENUE BY REGION,2016-2024($BILLION)
    TABLE NO 7. GLOBAL PASSENEGER CARS MARKET REVENUE BY REGION,2016-2024($BILLION)
    TABLE NO 8. GLOBAL COMMERCIAL VEHICEL MARKET REVENUE BY REGION,2016-2024($BILLION)
    TABLE NO 9. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY GEOGRAPHY,2016-2024($BILLION)
    TABLE NO 10. NORTH AMERICA ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY COUNTRY,2016-2024($BILLION)
    TABLE NO 11. EUROPE ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY COUNTRY,2016-2024($BILLION)
    TABLE NO 12. ASIA-PACIFIC ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY COUNTRY,2016-2024($BILLION)
    TABLE NO 13. ROW ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY COUNTRY,2016-2024($BILLION)

    LIST OF FIGURES

    FIGURE NO 1. VALUE CHAIN ANALYSIS
    FIGURE NO 2. FIVE FORCES ANALYSIS
    FIGURE NO 3. MARKET PLAYER POSITIONING
    FIGURE NO 4. INVESTMENT OPPORTUNITIES
    FIGURE NO 5. KEY STRATEGIC ATTEMPTS (%SHARE)
    FIGURE NO 6. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY ALTERNATIVE FUEL TYPE,2016-2024($BILLION)
    FIGURE NO 7. GLOBAL GASEOUS FUEL MARKET REVENUE BY REGION,2016-2024($BILLION)
    FIGURE NO 8. GLOBAL PURE ELECTRIC MARKET REVENUE BY REGION,2016-2024($BILLION)
    FIGURE NO 9. GLOBAL OTHER ALTERNATIVE FUEL MARKET REVENUE BY REGION,2016-2024($BILLION)
    FIGURE NO 10. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICEL MARKET REVENUE BY VEHICLE TYPE,2016-2024($BILLION)
    FIGURE NO 11. GLOBAL TWO WHEELER MARKET REVENUE BY REGION,2016-2024($BILLION)
    FIGURE NO 12. GLOBAL PASSENEGER CARS MARKET REVENUE BY REGION,2016-2024($BILLION)
    FIGURE NO 13. GLOBAL COMMERCIAL VEHICEL MARKET REVENUE BY REGION,2016-2024($BILLION)
    FIGURE NO 14. GLOBAL ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY GEOGRAPHY,2016-2024($BILLION)
    FIGURE NO 15. NORTH AMERICA ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY COUNTRY,2016-2024($BILLION)
    FIGURE NO 16. U.S. ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 17. MEXICO ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 18. CANADA ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 19. EUROPE ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY COUNTRY,2016-2024($BILLION)
    FIGURE NO 20. U.K. ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 21 GERMANY ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 22. FRANCE ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 23. NETHERLAND ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 24. NORWAY ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 25. EUROPE ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 26. ASIA-PACIFIC ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY COUNTRY,2016-2024($BILLION)
    FIGURE NO 27. INDIA ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 28. CHINA ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 29. JAPAN ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 30. SOUTH KOREA ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 31. REST OF ASIA-PACIFIC ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 32. ROW ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE BY COUNTRY,2016-2024($BILLION)
    FIGURE NO 33. LATIN AMERICA ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 34. MIDDLE EAST ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)
    FIGURE NO 35. AFRICA ALTERNATIVE FUEL AND HYBRID VEHICLE MARKET REVENUE,2016-2024($BILLION)

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  • • Toyota Motor Corporation
    • Tesla Motors
    • AUDI AG
    • BMW Group
    • General Motors
    • Ford Motor Company
    • Honda Motor Co., Ltd.
    • BYD Company Limited
    • Daimler AG
    • Zero Motorcycles, Inc.

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What Information does this report contain?

• What was the market size of the Alternative Fuel And Hybrid Vehicle Market in 2016 and the expected market size by 2024, along with the growth rate?
• An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
• Which are the largest revenue generating products, services or regions, and their comparative growth rate?
• Which technology is in trend and how would it evolve during the forecast period (2016 – 2024)?
• Which are the leading companies in the Alternative Fuel And Hybrid Vehicle Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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