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.
In 2018, the global Solar Vehicle market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Solar Vehicle status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Solar Vehicle development in United States, Europe and China.
The key players covered in this study
Lightyear
Volkswagen
Toyota
Nissan
Ford
General Motors
Mahindra & Mahindra
Sono Motors
Hanergy Thin Film Power Group
Market segment by Type, the product can be split into
Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Market segment by Application, split into
Passenger Car
Commercial Vehicle
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Solar Vehicle status, future forecast, growth opportunity, key market and key players.
To present the Solar Vehicle development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Solar Vehicle are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Solar Vehicle . Industry analysis & Market Report on Solar Vehicle is a syndicated market report, published as Global Solar Vehicle Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Solar Vehicle market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.