Solar-Powered Vehicle Market Companies

1. Summary The Global Solar-Powered Vehicle Market Companies is enduring an exacting period with its robust growth coming to an abrupt halt in light of the COVID-19 pandemic. MRFR report on the Solar-Powered Vehicle Market Companies highlights the future prediction and the growth alternatives that can be created. Solar-Powered Vehicle Market Companies Overview Furthermore, imposed restrictions for the development and sales of ICE vehicles (expected to come into effect by 2030) in various countries such as Germany, the UK, the US, and China would further contribute in the growth of the market. The rising production of solar-based electric vehicles, alongside, the rapid industrialization, worldwide provides ample opportunity for the expansion and growth of this market. Get Free Sample Pages @ https://www.marketresearchfuture.com/sample_request/7946 Major Players Players leading the global Solar-Powered Vehicle Market Companies include Hanergy Holding Group (China), Guangzhou Jcar Industrial Company Ltd (China), Venturi Eclectic (France), Ford Motor Company (US), Sono Motors GmbH (Germany), Mahindra & Mahindra (India), The Solar Electric Vehicle Company (US), Cruise Car (US), Immortus (Australia), and Kiira Motors Corporation (KMC) (Uganda), among others. Solar-Powered Vehicle Market - Segmentation The report segments the market into five key dynamics to widen the scope of understanding, By Solar Panel : Monocrystalline Solar Panel and Polycrystalline Solar Panel. By Battery Type : Lithium-Ion Battery, Lead-Acid, and Lead-Carbon, among others. By Propulsion : Battery Electric Vehicle and Hybrid Electric Vehicle. By Vehicle Type: Commercial Vehicle and Passenger Car. By Regions : Asia Pacific,North America, Europe, and the Rest-of-the-World. Regional Analysis The Asia Pacific region is forecasted to hold the largest share in the global Solar-Powered Vehicle Market Companies during the forecast period. Increasing production and sales of batteries and hybrid electric vehicles in China and Japan is propelling the growth of the regional market. Besides, the increase in the demand for solar-powered electric bus led by government initiatives is estimated to boost the market in this region.

2. The excellent example of such initiatives is the Indian government’s effort to introduce 5 MN solar-powered electric vehicles across the country by 2020. Furthermore, the ample availability of sunlight in most of the countries in the region due to the geospatial topology encourages the growth of the Solar-Powered Vehicle Market Companies in the region. In China, there is a massive push for New Energy Vehicles (NEVs) to cut down the urban pollution. In another effort to scale up and earn international attention, some Chinese solar-powered vehicles manufacturers have begun to ship solar-powered electric trucks to the United States. This, as a result, will pave the way for China to have an increased influence on the global Solar-Powered Vehicle Market Companies. Competitive Analysis Well-established, the Solar-Powered Vehicle Market Companies appears to be competitive and fragmented due to the presence of several large players. They incorporate strategic initiatives such as acquisition, collaboration, expansion, and product launch to gain a competitive advantage in this market. They emphasize on the product innovation and new manufacturing processes, which, in turn, would fuel the already intensified competition during the forecast period. Industry/ Innovation/ Related News July 15, 2019 --- Toyota Motor Corp (Japan), a car manufacturing giant, announced the beginning of testing of its solar-powered and self-charging car – Prius. The new version of Prius hybrid car, with up to 860 watts of thin solar film will be able to charge its “solar battery” as it drives, and add more than 50kms to its fossil fuel-free driving range. The 1kW output from solar panels on the car is a potential game-changer for not just hybrids, but also full battery electric vehicles. Table Of Contents 1. Executive Summary 2. Scope Of The Report 2.1. Market Definition 2.2. Scope Of The Study 2.2.1. Definition 2.2.2. Research Objective 2.2.3. Assumptions 2.2.4. Limitations 2.3. Research Process 2.3.1. Primary Research 2.3.2. Secondary Research 2.4. Market Size Estimation 2.5. Forecast Model

3. 3. Market Landscape 3.1. Porter’s Five Forces Analysis 3.1.1. Threat Of New Entrants 3.1.2. Bargaining Power Of Buyers 3.1.3. Threat Of Substitutes 3.1.4. Segment Rivalry 3.1.5. Bargaining Power Of Buyers 3.2. Value Chain/Supply Chain Analysis Continues….. Access Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/solar-powered- vehicle-market-7946 About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future Phone: +1646 845 9312 Email: sales@marketresearchfuture.com Ref: https://edition.cnn.com/2019/06/26/business/lightyear-one-solar-powered-car/index.html https://thedriven.io/2019/07/15/toyota-begins-testing-of-solar-powered-and-self-charging-prius/