Air powered vehicle, also known as air compressed vehicle, is a green vehicle that uses a compressed air engine, an alternative of the internal combustion (IC) engine, and works on the principle of compressed air technology (CAT). An air powered vehicle utilizes compressed air, a non-polluting fuel, as a power source in order to run the vehicle. Rise in cost of fossil fuel, owing to its limited stock and availability, and surge in demand for emission-free vehicles have led to the development of the air powered vehicle. The air powered vehicle offers long life of the vehicle, high energy density of compressed air, and low toxicity as compared to other alternatives of the IC engine vehicle.
In terms of energy mode, the single energy mode segment is projected to lead the air powered vehicle market.
Based on vehicle type, the passenger vehicle segment is expected to account for a notable share of the air powered vehicle market. Rise in regulation on emission in cities and sub-cities is projected to boost the air powered vehicle market, as an air powered vehicle is less polluting and is projected to comply with emission regulations.
In terms of geography, Europe and Asia Pacific are projected to account for a prominent share of the global air powered vehicle market.
The global Air Powered Vehicle market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Air Powered Vehicle volume and value at global level, regional level and company level. From a global perspective, this report represents overall Air Powered Vehicle market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Air Powered Vehicle in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Air Powered Vehicle manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Motor Development International
Tata Motors
Engineair
Honda Motor
Groupe PSA
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Single Energy Mode
Dual Energy Mode
Segment by Application
Passenger Vehicles
Commercial Vehicles
Summary:
Get latest Market Research Reports on Air Powered Vehicle. Industry analysis & Market Report on Air Powered Vehicle is a syndicated market report, published as Global Air Powered Vehicle Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Air Powered Vehicle market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.