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A solar vehicle is an electric vehicle powered completely or significantly by direct solar energy. Usually, photovoltaic (PV) cells contained in solar panels convert the sun's energy directly into electric energy. The term "solar vehicle" usually implies that solar energy is used to power all or part of a vehicle's propulsion. Solar power may be also used to provide power for communications or controls or other auxiliary functions. Solar vehicles are not sold as practical day-to-day transportation devices at present, but are primarily demonstration vehicles and engineering exercises, often sponsored by government agencies. However, indirectly solar-charged vehicles are widespread and solar boats are available commercially.
According to this study, over the next five years the Solar Vehicle market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key companies in Solar Vehicle business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Solar Vehicle market by product type, application, key companies and key regions.
This study considers the Solar Vehicle value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Passenger Car
Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Lightyear
Volkswagen
Toyota
Nissan
Ford
General Motors
Mahindra & Mahindra
Sono Motors
Hanergy Thin Film Power Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Solar Vehicle market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Solar Vehicle market by identifying its various subsegments.
Focuses on the key global Solar Vehicle players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Solar Vehicle with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Solar Vehicle submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Solar Vehicle Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Solar Vehicle Market Size 2014-2024
2.1.2 Solar Vehicle Market Size CAGR by Region
2.2 Solar Vehicle Segment by Type
2.2.1 Battery Electric Vehicle (BEV)
2.2.2 Hybrid Electric Vehicle (HEV)
2.3 Solar Vehicle Market Size by Type
2.3.1 Global Solar Vehicle Market Size Market Share by Type (2014-2019)
2.3.2 Global Solar Vehicle Market Size Growth Rate by Type (2014-2019)
2.4 Solar Vehicle Segment by Application
2.4.1 Passenger Car
2.4.2 Commercial Vehicle
2.5 Solar Vehicle Market Size by Application
2.5.1 Global Solar Vehicle Market Size Market Share by Application (2014-2019)
2.5.2 Global Solar Vehicle Market Size Growth Rate by Application (2014-2019)
3 Global Solar Vehicle by Players
3.1 Global Solar Vehicle Market Size Market Share by Players
3.1.1 Global Solar Vehicle Market Size by Players (2017-2019)
3.1.2 Global Solar Vehicle Market Size Market Share by Players (2017-2019)
3.2 Global Solar Vehicle Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Solar Vehicle by Regions
4.1 Solar Vehicle Market Size by Regions
4.2 Americas Solar Vehicle Market Size Growth
4.3 APAC Solar Vehicle Market Size Growth
4.4 Europe Solar Vehicle Market Size Growth
4.5 Middle East & Africa Solar Vehicle Market Size Growth
5 Americas
5.1 Americas Solar Vehicle Market Size by Countries
5.2 Americas Solar Vehicle Market Size by Type
5.3 Americas Solar Vehicle Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Solar Vehicle Market Size by Countries
6.2 APAC Solar Vehicle Market Size by Type
6.3 APAC Solar Vehicle Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Solar Vehicle by Countries
7.2 Europe Solar Vehicle Market Size by Type
7.3 Europe Solar Vehicle Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Solar Vehicle by Countries
8.2 Middle East & Africa Solar Vehicle Market Size by Type
8.3 Middle East & Africa Solar Vehicle Market Size by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Solar Vehicle Market Forecast
10.1 Global Solar Vehicle Market Size Forecast (2019-2024)
10.2 Global Solar Vehicle Forecast by Regions
10.2.1 Global Solar Vehicle Forecast by Regions (2019-2024)
10.2.2 Americas Market Forecast
10.2.3 APAC Market Forecast
10.2.4 Europe Market Forecast
10.2.5 Middle East & Africa Market Forecast
10.3 Americas Forecast by Countries
10.3.1 United States Market Forecast
10.3.2 Canada Market Forecast
10.3.3 Mexico Market Forecast
10.3.4 Brazil Market Forecast
10.4 APAC Forecast by Countries
10.4.1 China Market Forecast
10.4.2 Japan Market Forecast
10.4.3 Korea Market Forecast
10.4.4 Southeast Asia Market Forecast
10.4.5 India Market Forecast
10.4.6 Australia Market Forecast
10.5 Europe Forecast by Countries
10.5.1 Germany Market Forecast
10.5.2 France Market Forecast
10.5.3 UK Market Forecast
10.5.4 Italy Market Forecast
10.5.5 Russia Market Forecast
10.5.6 Spain Market Forecast
10.6 Middle East & Africa Forecast by Countries
10.6.1 Egypt Market Forecast
10.6.2 South Africa Market Forecast
10.6.3 Israel Market Forecast
10.6.4 Turkey Market Forecast
10.6.5 GCC Countries Market Forecast
10.7 Global Solar Vehicle Forecast by Type
10.8 Global Solar Vehicle Forecast by Application
11 Key Players Analysis
11.1 Lightyear
11.1.1 Company Details
11.1.2 Solar Vehicle Product Offered
11.1.3 Lightyear Solar Vehicle Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 Lightyear News
11.2 Volkswagen
11.2.1 Company Details
11.2.2 Solar Vehicle Product Offered
11.2.3 Volkswagen Solar Vehicle Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 Volkswagen News
11.3 Toyota
11.3.1 Company Details
11.3.2 Solar Vehicle Product Offered
11.3.3 Toyota Solar Vehicle Revenue, Gross Margin and Market Share (2017-2019)
11.3.4 Main Business Overview
11.3.5 Toyota News
11.4 Nissan
11.4.1 Company Details
11.4.2 Solar Vehicle Product Offered
11.4.3 Nissan Solar Vehicle Revenue, Gross Margin and Market Share (2017-2019)
11.4.4 Main Business Overview
11.4.5 Nissan News
11.5 Ford
11.5.1 Company Details
11.5.2 Solar Vehicle Product Offered
11.5.3 Ford Solar Vehicle Revenue, Gross Margin and Market Share (2017-2019)
11.5.4 Main Business Overview
11.5.5 Ford News
11.6 General Motors
11.6.1 Company Details
11.6.2 Solar Vehicle Product Offered
11.6.3 General Motors Solar Vehicle Revenue, Gross Margin and Market Share (2017-2019)
11.6.4 Main Business Overview
11.6.5 General Motors News
11.7 Mahindra & Mahindra
11.7.1 Company Details
11.7.2 Solar Vehicle Product Offered
11.7.3 Mahindra & Mahindra Solar Vehicle Revenue, Gross Margin and Market Share (2017-2019)
11.7.4 Main Business Overview
11.7.5 Mahindra & Mahindra News
11.8 Sono Motors
11.8.1 Company Details
11.8.2 Solar Vehicle Product Offered
11.8.3 Sono Motors Solar Vehicle Revenue, Gross Margin and Market Share (2017-2019)
11.8.4 Main Business Overview
11.8.5 Sono Motors News
11.9 Hanergy Thin Film Power Group
11.9.1 Company Details
11.9.2 Solar Vehicle Product Offered
11.9.3 Hanergy Thin Film Power Group Solar Vehicle Revenue, Gross Margin and Market Share (2017-2019)
11.9.4 Main Business Overview
11.9.5 Hanergy Thin Film Power Group News
12 Research Findings and Conclusion
List of Tables and Figures
Table Product Specifications of Solar Vehicle
Figure Solar Vehicle Report Years Considered
Figure Market Research Methodology
Figure Global Sol
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