Global Solar Vehicle Market Report, History and Forecast 2018-2034, Breakdown Data by Companies, Key Regions, Types and Application
Published on: 2024-01-04 | No of Pages : 400 | Industry : Latest Trends
Publisher : MRA | Format : PDF
Global Solar Vehicle Market Report, History and Forecast 2018-2034, Breakdown Data by Companies, Key Regions, Types and Application
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.
Solar Vehicle report published by MRA Research reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2023. Global Solar Vehicle market is projected to reach US$ million in 2033, increasing from US$ million in 2023, with the CAGR of % during the period of 2023 to 2033. Demand from Passenger Car and Commercial Vehicle are the major drivers for the industry.
North America, Europe and Asia Pacific are the key regions for Solar Vehicle industry. Among those areas, stimulated by rigid demand from downstream industries, Asia Pacific is estimated to experience fast growth, with the CAGR of % during 2023 to 2033.
Globally, Solar Vehicle key companies include Lightyear, Volkswagen, Toyota, Nissan, Ford, General Motors, Mahindra & Mahindra, Sono Motors and Hanergy Thin Film Power Group, etc. Lightyear, Volkswagen, Toyota are top 3 players and held % share in total in 2023.
Solar Vehicle can be divided into Battery Electric Vehicle (BEV) and Hybrid Electric Vehicle (HEV), etc. Battery Electric Vehicle (BEV) is the mainstream product in the market, accounting for % share globally in 2023.
Solar Vehicle is widely used in various fields, such as Passenger Car and Commercial Vehicle, etc. Passenger Car provides greatest supports to the Solar Vehicle industry development. In 2023, global % share of Solar Vehicle went into Passenger Car filed.
Report Scope
This report, based on historical analysis (2018-2023) and forecast calculation (2023-2033), aims to help readers to get a comprehensive understanding of global Solar Vehicle market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Companies, Type, Application and Regions Listed in the Report
Lightyear
Volkswagen
Toyota
Nissan
Ford
General Motors
Mahindra & Mahindra
Sono Motors
Hanergy Thin Film Power Group
Segment by Type
Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Passenger Car
Commercial Vehicle
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the Solar Vehicle market further
Chapter 1Global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2033).
Chapter 2Product Types and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 3Product Application and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 4Company Competition Status, Detailed analysis of Product Name companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5Companies’ Outline, covering company’s basic information, Solar Vehicle introduction, etc. Solar Vehicle Revenue and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 6 to 10Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa by revenue.
Chapter 11Market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry.
Chapter 12MRA Research’s Conclusions of Solar Vehicle market based on comprehensive survey.
Chapter 13Methodology and Data Sources adopted by MRA Research.
Solar Vehicle report published by MRA Research reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2023. Global Solar Vehicle market is projected to reach US$ million in 2033, increasing from US$ million in 2023, with the CAGR of % during the period of 2023 to 2033. Demand from Passenger Car and Commercial Vehicle are the major drivers for the industry.
North America, Europe and Asia Pacific are the key regions for Solar Vehicle industry. Among those areas, stimulated by rigid demand from downstream industries, Asia Pacific is estimated to experience fast growth, with the CAGR of % during 2023 to 2033.
Globally, Solar Vehicle key companies include Lightyear, Volkswagen, Toyota, Nissan, Ford, General Motors, Mahindra & Mahindra, Sono Motors and Hanergy Thin Film Power Group, etc. Lightyear, Volkswagen, Toyota are top 3 players and held % share in total in 2023.
Solar Vehicle can be divided into Battery Electric Vehicle (BEV) and Hybrid Electric Vehicle (HEV), etc. Battery Electric Vehicle (BEV) is the mainstream product in the market, accounting for % share globally in 2023.
Solar Vehicle is widely used in various fields, such as Passenger Car and Commercial Vehicle, etc. Passenger Car provides greatest supports to the Solar Vehicle industry development. In 2023, global % share of Solar Vehicle went into Passenger Car filed.
Report Scope
This report, based on historical analysis (2018-2023) and forecast calculation (2023-2033), aims to help readers to get a comprehensive understanding of global Solar Vehicle market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Companies, Type, Application and Regions Listed in the Report
By Company
Lightyear
Volkswagen
Toyota
Nissan
Ford
General Motors
Mahindra & Mahindra
Sono Motors
Hanergy Thin Film Power Group
Segment by Type
Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Segment by Application
Passenger Car
Commercial Vehicle
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the Solar Vehicle market further
Chapter 1Global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2033).
Chapter 2Product Types and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 3Product Application and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 4Company Competition Status, Detailed analysis of Product Name companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5Companies’ Outline, covering company’s basic information, Solar Vehicle introduction, etc. Solar Vehicle Revenue and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 6 to 10Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa by revenue.
Chapter 11Market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry.
Chapter 12MRA Research’s Conclusions of Solar Vehicle market based on comprehensive survey.
Chapter 13Methodology and Data Sources adopted by MRA Research.