Solar Vehicle Market by EV Type (Hybrid Electric Vehicle (HEV), Battery Electric Vehicle (BEV), and Plug-In Hybrid Electric Vehicle (PHEV)); By Vehicle Type (Passenger Vehicle, and Commercial Vehicle); By Battery (Lithium-Ion Battery, Lead-Acid, and Lead Carbon); By Solar Panel (Monocrystalline Solar Panel, and Polycrystalline Solar Panel); By Charging Station (Residential, And Commercial); By NEV (Commercial Turf Utility Vehicles, Industrial Utility Vehicles, Golf Carts, and Personal Carrier);

  • Published On: May, 2019
  • Category: Automotive
  • Pages: 101
The Global Solar Vehicle market is expected to reach approximately 95,682 units by 2026, with a projected CAGR of 39.6% during the forecast period.

Market Overview

The Global Solar Vehicle market is expected to reach approximately 95,682 units by 2026, with a projected CAGR of 39.6% during the forecast period. A solar vehicle is an electric vehicle usually run on only power from the solar energy. Solar vehicle contains photovoltaic cells that convert solar energy into electric energy and helps to power the vehicle.

Market Dynamics

Growing concern about environmental pollution, government funding, subsidies, and incentives to encourage eco-friendly vehicles, and increased vehicle range per charge are the major factors driving the growth of the global solar vehicle market. However, operational efficiency of solar vehicles coupled with high cost, and less lack of standardization may hamper the market from growing. Moreover, of vehicle-to-grid (V2G) EV charging stations for electric vehicles is likely to gain significant impetus for the solar vehicle market share in the coming years.

Market Segmentation

The global Solar Vehicle market is segmented based on the EV type, vehicle type, battery, solar panel, charging station, NEV, and geography. The EV type segment includes hybrid electric vehicle (HEV), battery electric vehicle (BEV), and plug-in hybrid electric vehicle (PHEV). By vehicle type segment, the categorization is given as passenger vehicle, and commercial vehicle. By battery segment, the segmentation comprises of lithium-ion battery, lead-acid, and lead carbon. Monocrystalline solar panel, and polycrystalline solar panel are the classification of the solar panel segment. On the basis of the charging station, the segmentation includes residential, and commercial. On the basis of the NEV segment, the bifurcation is given as commercial turf utility vehicles, industrial utility vehicles, golf carts, and personal carrier. Furthermore, geographical coverage has been offered for each of the major regions including North America, Asia-Pacific, Europe, Row, and South America.

Scope of the Global Solar Vehicle Market

By EV Type
  • Hybrid Electric Vehicle (HEV)
  • Battery Electric Vehicle (BEV)
  • Plug-In Hybrid Electric Vehicle (PHEV)
By Vehicle Type
  • Passenger Vehicle
  • Commercial Vehicle
By Battery
  • Lithium-Ion Battery
  • Lead-Acid
  • Lead Carbon
By Solar Panel
  • Monocrystalline Solar Panel
  • Polycrystalline Solar Panel
By Charging Station
  • Residential
  • Commercial
By NEV
  • Commercial Turf Utility Vehicles
  • Industrial Utility Vehicles
  • Golf Carts
  • Personal Carrier
By Geography
  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Korea
    • Rest of APAC
  • South America
    • Brazil
    • Rest of South America
  • Rest of the World
    • Middle East
    • Africa

TABLE OF CONTENTS Chapter 1 Introduction 1.1 Executive Summary 1.2 Market Definition 1.3 Market Scope Chapter 2 Research Methodology 2.1 Primary Research 2.2 Research Methodology 2.3 Assumptions & Exclusions 2.4 Secondary Data Sources Chapter 3 Market Overview 3.1 Report Segmentation & Scope 3.2 Key Market Trends 3.2.1 Drivers 3.2.2 Restraints 3.2.3 Opportunities 3.3 Porter’s Five Forces Analysis 3.4 Market Share Analysis Chapter 4 Global Solar Vehicle Market by EV Type: Market Size and Forecast, 2018 – 2026 4.1 Introduction 4.1.1 Market Size and Forecast 4.2 Hybrid Electric Vehicle (HEV) 4.2.1 Market Size and Forecast 4.3 Battery Electric Vehicle (BEV) 4.3.1 Market Size and Forecast 4.4 Plug-In Hybrid Electric Vehicle (PHEV) 4.4.1 Market Size and Forecast Chapter 5 Global Solar Vehicle Market by Vehicle Type: Market Size and Forecast, 2018 – 2026 5.1 Introduction 5.1.1 Market Size and Forecast 5.2 Passenger Vehicle 5.2.1 Market Size and Forecast 5.3 Commercial Vehicle 5.3.1 Market Size and Forecast Chapter 6 Global Solar Vehicle Market by Battery: Market Size and Forecast, 2018 – 2026 6.1 Introduction 6.1.1 Market Size and Forecast 6.2 Lithium-Ion 6.2.1 Market Size and Forecast 6.3 Lead-Acid 6.3.1 Market Size and Forecast 6.4 Lead Carbon 6.4.1 Market Size and Forecast Chapter 7 Global Solar Vehicle Market by Solar Panel: Market Size and Forecast, 2018 – 2026 7.1 Introduction 7.1.1 Market Size and Forecast 7.2 Monocrystalline Solar Panel 7.2.1 Market Size and Forecast 7.3 Polycrystalline Solar Panel 7.3.1 Market Size and Forecast Chapter 8 Global Solar Vehicle Market by Charging Station: Market Size and Forecast, 2018 – 2026 8.1 Introduction 8.1.1 Market Size and Forecast 8.2 Residential 8.2.1 Market Size and Forecast 8.3 Commercial 8.3.1 Market Size and Forecast Chapter 9 Global Solar Vehicle Market by NEV: Market Size and Forecast, 2018 – 2026 9.1 Introduction 9.1.1 Market Size and Forecast 9.2 Commercial Turf Utility Vehicles 9.2.1 Market Size and Forecast 9.3 Industrial Utility Vehicles 9.3.1 Market Size and Forecast 9.4 Golf Carts 9.4.1 Market Size and Forecast 9.5 Personal Carrier 9.5.1 Market Size and Forecast Chapter 10 Global Solar Vehicle Market by Geography: Market Size and Forecast, 2018 – 2026 10.1 Introduction 10.1.1 Market Size and Forecast 10.2 North America 10.2.1 North America Market Size & Forecast, By Country 10.2.2 North America Market Size & Forecast, By EV Type 10.2.3 North America Market Size & Forecast, By Vehicle Type 10.2.4 North America Market Size & Forecast, By Battery 10.2.5 North America Market Size & Forecast, By Solar Panel 10.2.6 North America Market Size & Forecast, By Charging Station 10.2.7 North America Market Size & Forecast, By NEV 10.2.8 The U.S. 10.2.8.1 Market Size and Forecast 10.2.9 Canada 10.2.9.1 Market Size and Forecast 10.2.10 Mexico 10.2.10.1 Market Size and Forecast 10.3 Europe 10.3.1 Europe Market Size and Forecast, By Country 10.3.2 Europe Market Size and Forecast, By EV Type 10.3.3 Europe Market Size and Forecast, By Vehicle Type 10.3.4 Europe Market Size and Forecast, By Battery 10.3.5 Europe Market Size and Forecast, By Solar Panel 10.3.6 Europe Market Size & Forecast, By Charging Station 10.3.7 Europe Market Size & Forecast, By NEV 10.3.8 UK 10.3.8.1 Market Size and Forecast 10.3.9 Germany 10.3.9.1 Market Size and Forecast 10.3.10 France 10.3.10.1 Market Size and Forecast 10.3.11 Italy 10.3.11.1 Market Size and Forecast 10.3.12 Spain 10.3.12.1 Market Size and Forecast 10.3.13 Rest of Europe 10.3.13.1 Market Size and Forecast 10.4 Asia-Pacific 10.4.1 Asia-Pacific Market Size and Forecast, By Country 10.4.2 Asia-Pacific Market Size and Forecast, By EV Type 10.4.3 Asia-Pacific Market Size and Forecast, By Vehicle Type 10.4.4 Asia-Pacific Market Size and Forecast, By Battery 10.4.5 Asia-Pacific Market Size and Forecast, By Solar Panel 10.4.6 Asia-Pacific Market Size & Forecast, By Charging Station 10.4.7 Asia-Pacific Market Size & Forecast, By NEV 10.4.8 India 10.4.8.1 Market Size and Forecast 10.4.9 China 10.4.9.1 Market Size and Forecast 10.4.10 Australia 10.4.10.1 Market Size and Forecast 10.4.11 Japan 10.4.11.1 Market Size and Forecast 10.4.12 South Korea 10.4.12.1 Market Size and Forecast 10.4.13 Rest of Asia-Pacific 10.4.13.1 Market Size and Forecast 10.5 South America 10.5.1 South America Market Size and Forecast, By Country 10.5.2 South America Market Size and Forecast, By EV Type 10.5.3 South America Market Size and Forecast, By Vehicle Type 10.5.4 South America Market Size and Forecast, By Battery 10.5.5 South America Market Size and Forecast, By Solar Panel 10.5.6 South America Market Size & Forecast, By Charging Station 10.5.7 South America Market Size & Forecast, By NEV 10.5.8 South America Market Size & Forecast, By Distribution Channel 10.5.9 Brazil 10.5.9.1 Market Size and Forecast 10.5.10 Rest of South America 10.5.10.1 Market Size and Forecast 10.6 RoW 10.6.1 RoW Market Size and Forecast, By Country 10.6.2 RoW Market Size and Forecast, By EV Type 10.6.3 RoW Market Size and Forecast, By Vehicle Type 10.6.4 RoW Market Size and Forecast, By Battery 10.6.5 RoW Market Size and Forecast, By Solar Panel 10.6.6 RoW Market Size & Forecast, By Charging Station 10.6.7 RoW Market Size & Forecast, By NEV 10.6.8 Middle East 10.6.8.1 Market Size and Forecast 10.6.9 Africa 10.6.9.1 Market Size and Forecast Chapter 12 Company Profiles 12.1 BYD Company Ltd 12.2 Continental AG 12.3 Daimler AG 12.4 Ford Motor Company 12.5 Schaeffler AG 12.6 Tesla 12.7 Toyota Kirloskar Motor 12.8 Volkswagen 12.9 Volvo Car 12.10 ZF Friedrichshafen AG

Solar Vehicle Market Key Players
  • BYD Company Ltd
  • Continental AG
  • Daimler AG
  • Ford Motor Company
  • Schaeffler AG
  • Tesla
  • Toyota Kirloskar Motor
  • Volkswagen
  • Volvo Car
  • ZF Friedrichshafen AG

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Report Highlights:

Complete overview of market
Major drivers, restrain, opportunities, and challenges of the market
Market Trends and how they are boosting the market growth
Changing dynamics in the Market
Complete overview of the market
Historical, Base year, projected, and current market size in terms of value and volume
COVID-19 Impact analysis of the market
Current industry trends and developments

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