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. 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
4. Market Dynamics
4.1. Introduction
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Trends
5. Global Air Powered Vehicle Market, By Energy Mode
5.1. Introduction
5.2. Single Energy Mode
5.2.1. Market Estimates & Forecast, 2020-2027
5.2.2. Market Estimates & Forecast by Region, 2020-2027
5.3. Dual Energy Mode
5.3.1. Market Estimates & Forecast, 2020-2027
5.3.2. Market Estimates & Forecast by Region, 2020-2027
6. Global Air Powered Vehicle Market, By Vehicle Type
6.1. Introduction
6.2. Passenger Car
6.2.1. Market Estimates & Forecast, 2020-2027
6.2.2. Market Estimates & Forecast by Region, 2020-2027
6.3. LCV
6.3.1. Market Estimates & Forecast, 2020-2027
6.3.2. Market Estimates & Forecast by Region, 2020-2027
6.4. HCV
6.4.1. Market Estimates & Forecast, 2020-2027
6.4.2. Market Estimates & Forecast by Region, 2020-2027
7. Global Air Powered Vehicle Market, By Region
7.1. Introduction
7.2. North America
7.2.1. Market Estimates & Forecast, By Country, 2020-2027
7.2.2. Market Estimates & Forecast By Energy Mode, 2020-2027
7.2.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.2.4. US
7.2.4.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.2.4.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.2.5. Canada
7.2.5.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.2.5.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.3. Europe
7.3.1. Market Estimates & Forecast, By Country, 2020-2027
7.3.2. Market Estimates & Forecast By Energy Mode, 2020-2027
7.3.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.3.4. UK
7.3.4.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.3.4.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.3.5. Germany
7.3.5.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.3.5.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.3.6. France
7.3.6.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.3.6.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.3.7. Italy
7.3.7.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.3.7.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.3.8. Rest of Europe
7.3.8.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.3.8.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.4. Asia-Pacific
7.4.1. Market Estimates & Forecast, By Country, 2020-2027
7.4.2. Market Estimates & Forecast By Energy Mode, 2020-2027
7.4.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.4.4. China
7.4.4.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.4.4.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.4.5. Japan
7.4.5.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.4.5.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.4.6. India
7.4.6.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.4.6.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.4.7. Rest of Asia-Pacific
7.4.7.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.4.7.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.5. Rest of the World
7.5.1. Market Estimates & Forecast, By Region, 2020-2027
7.5.2. Market Estimates & Forecast By Energy Mode, 2020-2027
7.5.3. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.5.4. Middle East & Africa
7.5.4.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.5.4.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
7.5.5. South America
7.5.5.1. Market Estimates & Forecast By Energy Mode, 2020-2027
7.5.5.2. Market Estimates & Forecast by Vehicle Type, 2020-2027
8. Competitive Landscape
9. Company Profile
9.1. Motor Development International SA
9.1.1. Company Overview
9.1.2. Products/Services Offering
9.1.3. Financial Overview
9.1.4. Key Developments
9.1.5. Strategy
9.1.6. SWOT Analysis
9.2. Tata Motors
9.2.1. Company Overview
9.2.2. Products/Services Offering
9.2.3. Financial Overview
9.2.4. Key Developments
9.2.5. Strategy
9.2.6. SWOT Analysis
9.3. Honda Motor Company, Ltd.
9.3.1. Company Overview
9.3.2. Products/Services Offering
9.3.3. Financial Overview
9.3.4. Key Developments
9.3.5. Strategy
9.3.6. SWOT Analysis
9.4. Groupe PSA
9.4.1. Company Overview
9.4.2. Products/Services Offering
9.4.3. Financial Overview
9.4.4. Key Developments
9.4.5. Strategy
9.4.6. SWOT Analysis
9.5. Engineair Pty Ltd
9.5.1. Company Overview
9.5.2. Products/Services Offering
9.5.3. Financial Overview
9.5.4. Key Developments
9.5.5. Strategy
9.5.6. SWOT Analysis
9.6. Phinergy
9.6.1. Company Overview
9.6.2. Products/Services Offering
9.6.3. Financial Overview
9.6.4. Key Developments
9.6.5. Strategy
9.6.6. SWOT Analysis
 
List of Tables
Table 1 Global Air Powered Vehicle Market: By Region, 2020-2027
Table 2 North America: Air Powered Vehicle Market: By Country, 2020-2027
Table 3 Europe: Air Powered Vehicle Market: By Country, 2020-2027
Table 4 Asia-Pacific: Air Powered Vehicle Market: By Country, 2020-2027
Table 5 RoW: Air Powered Vehicle Market: By Region, 2020-2027
Table 6 Global Air Powered Vehicle Market, By Energy Mode, By Regions, 2020-2027
Table 7 North America: Air Powered Vehicle Market, By Energy Mode, By Country, 2020-2027
Table 8 Europe: Air Powered Vehicle Market, By Energy Mode, By Country, 2020-2027
Table 9 Asia-Pacific: Air Powered Vehicle Market, By Energy Mode, By Country, 2020-2027
Table 10 RoW: Air Powered Vehicle Market, By Energy Mode, By Country, 2020-2027
Table 11 Global Air Powered Vehicle Market by Vehicle Type, By Regions, 2020-2027
Table 12 North America: Air Powered Vehicle Market by Vehicle Type: By Country, 2020-2027
Table 13 Europe: Air Powered Vehicle Market by Vehicle Type: By Country, 2020-2027
Table 14 Asia-Pacific: Air Powered Vehicle Market by Vehicle Type: By Country, 2020-2027
Table 15 RoW: Air Powered Vehicle Market by Vehicle Type: By Country, 2020-2027
Table 16 Global Air Powered Vehicle Market: By Region, 2020-2027
Table 17 Global Air Powered Vehicle Market: By Energy Mode, 2020-2027
Table 18 Global Air Powered Vehicle Market: By Vehicle Type, 2020-2027
 
List of Figures
FIGURE 1 Research Process of MRFR
FIGURE 2 Top-down & Bottom-up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter's five forces analysis
FIGURE 7 Value chain analysis
FIGURE 8 Global Air Powered Vehicle Market Share, By Energy Mode, 2020 (%)
FIGURE 9 Global Air Powered Vehicle Market, By Energy Mode, 2020-2027 (USD MILLION)
FIGURE 10 Global Air Powered Vehicle Market Share, By Vehicle Type, 2020 (%)
FIGURE 11 Global Air Powered Vehicle Market, By Vehicle Type, 2020-2027 (USD MILLION)
FIGURE 12 Global Air Powered Vehicle Market Share (%), BY Region, 2020
FIGURE 13 Global Air Powered Vehicle Market, BY Region, 2020-2027 (USD MILLION)
FIGURE 14 North America: Air Powered Vehicle Market Share (%), 2020
FIGURE 15 North America: Air Powered Vehicle Market by Country, 2020-2027 (USD MILLION)
FIGURE 16 Europe: Air Powered Vehicle Market Share (%), 2020
FIGURE 17 Europe: Air Powered Vehicle Market BY Country, 2020-2027 (USD MILLION)
FIGURE 18 Asia-Pacific: Air Powered Vehicle Market Share (%), 2020
FIGURE 19 Asia-Pacific: Air Powered Vehicle Market BY Country, 2020-2027 (USD MILLION)
FIGURE 20 Rest of the World Air Powered Vehicle Market Share (%), 2020
FIGURE 21 Rest of the World Air Powered Vehicle Market BY Region, 2020-2027 (USD MILLION)
Air Powered Vehicle Market
Air Powered Vehicle Market Size is expected to cross USD $5.2 Billion by 2030 at a CAGR of 59% during the forecast period 2021-2030
$5.2 Billion
Market Size
59%
CAGR
North America
Dominating Region
2021-2030
Forecast Period
Segmentation
Key Players
- Motor Development International SA
- Tata Motors (India)
- Honda Motor Company Ltd. (Japan)
- Groupe PSA (France)
- Engineair Pty Ltd (Australia)
- Phinergy (Israel).
Drivers
- Growing initiatives by governments and concerned authorities
- The increasing government initiatives towards environmental preservation
Air Powered Vehicle Market Synopsis:
Due to depletion of fossil fuels, alternative fuels for vehicles is the need of the hour. Electric and hybrid electric vehicles have come up in recent years to tackle this challenge. Similarly, compressed air powered vehicles are also expected to witness increased importance over the next few years. Air powered vehicles basically use air as an alternative to petroleum, to run. The principle of compressed air technology (CAT) is applied in these vehicles.
Growing demand for clean and sustainable energy for driving vehicles is expected to be the major driver of the air powered vehicles market over the next few years. Other factors such as longer life-cycle, low toxicity and stringent regulations regarding vehicular emissions are expected to play key roles in the growth of the market over the forecast period. However, high cost of air compressed vehicles could prove to be a major obstacle to the growth of the market. Growing demand for substitutes such as electric vehicles could also pose a challenge to the market over the forecast period.
The prominent players in the Global Air Powered Car Market include Motor Development International SA (France), Tata Motors (India), Honda Motor Company, Ltd. (Japan), Groupe PSA (France), Engineair Pty Ltd (Australia), and Phinergy (Israel).
Air Powered Vehicle Market Segmentation
The global Air Powered Car market is segmented on the basis of energy mode, vehicle type and region. On the basis of energy mode, the market has been segmented into single energy mode and dual energy mode. By vehicle type, the market is segmented into passenger cars, LCV and HCV.
Geographically, the Global Air Powered Vehicle Industry has been segmented into four major regions namely North America, Europe, Asia-Pacific, and the Rest of the World. North America is estimated to account for a significant market share in the Global Air Powered Vehicle Market. The market in this region is dominated by the U.S., which contributes nearly 70% of the revenue. Development of clean energy for vehicles and growing awareness regarding maintaining the environmental balance are the major driving factors of the market, in this region.
The market in the Asia Pacific region is projected to witness the highest CAGR over the next five years. This region is characterized by some of the emerging economies including China and India, which are huge automobile markets individually. Besides, growing initiatives by governments and concerned authorities related to environment protection are also driving the demand for air powered vehicles in this region. This region is known as a major exported of air powered vehicles due to low manufacturing cost and availability of skilled and cheap labor, along with technologically advanced infrastructure.
The report for Global Air Powered Vehicle of Market Research Future covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | 2030: Significant Value |
| CAGR | 2030: Substantial CAGR |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Historical Data | 2019Â &Â 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Energy Mode and Vehicle Type |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Tata Motors (India), Honda Motor Company, Ltd. (Japan), Groupe PSA (France), Engineair Pty Ltd (Australia), and Phinergy (Israel) |
| Key Market Opportunities | Growing initiatives by governments and concerned authorities |
| Key Market Drivers | The increasing government initiatives towards environmental preservation |
Frequently Asked Questions (FAQ) :
The global air powered vehicle market is expected to witness a substantial growth due to the increasing government initiatives towards environmental preservation.
The global air powered vehicle market is projected to register a moderate 15% CAGR in the forecast period.
The dual energy mode segment is slated to expand as the fastest-growing segment.
The passenger segment is expected to witness substantial growth.
A few major market players operating in the global air powered vehicle market are Tata Motors (India), Honda Motor Company, Ltd. (Japan), Groupe PSA (France), Engineair Pty Ltd (Australia), and Phinergy (Israel), and others.
