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); By Geography (North America, Asia-Pacific, Europe, South America, and RoW), Application Trends, Estimation & Forecast, 2018 – 2026

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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
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  • 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

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  • 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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