World Low Emission Vehicle Market Trends & Prospects Reviewed in New Study Available at MarketPublishers.com30 May 2012 • by Natalie Aster
LONDON – The global low emission vehicle market is expected to grow from USD 27.45 billion in 2012 to USD 103.13 billion by 2017 at an estimated CAGR of 30.3% from 2012 to 2017. Low emission vehicle shipments on a global level are expected to reach 3532.1 thousand by 2017, at a CAGR of 27.8% from 2012 to 2017.
Rise in the global price of petroleum-based fuel, increase in the number of initiatives taken by different governments, ever-growing availability of different HEV models, and ongoing development in battery technology are driving the low emission vehicle market. Lack of support infrastructure, power, performance, and higher cost as compared to ICE-vehicle end-user segments are acting as restraints for the market. Charging infrastructure market and vehicle-to-grid (V2G) technology are the future opportunities for the low emission vehicle market.
New market research study “Global Low (Zero) Emission Vehicle Market – by Degree of Hybridization & Type of Traction Battery used, Forecast, Market Trends & Analysis (2012 – 2017)” drawn up by MarketsandMarkets delves into extensive research and in-depth analysis of the worldwide low emission vehicle market market, categorizing it on the basis of degree of hybridization, different types of batteries used in the vehicle, and geographical analysis. To enhance the understanding of the sector, the report details major market drivers, challenges, opportunities, and burning issues. Furthermore, the competitive landscape along with elaborate profiles of more than 20 companies analyzed through a company overview, key financials, products & services, strategy and developments can also be found in the study.
Title: Global Low (Zero) Emission Vehicle Market – by Degree of Hybridization & Type of Traction Battery used, Forecast, Market Trends & Analysis (2012 – 2017)
Published: May, 2012
Price: US$ 4,650.00
More new studies by the publisher can be found at MarketsandMarkets page.
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