Air Powered Vehicle Market 2019 Key Players Analysis, Size, Share Forecast 2023

Press Release

The global Air Powered Vehicle Market is expected to witness ~15% CAGR during the period, 2019 to 2023.

Market Highlights

Technological developments in the global automotive sector has given rise to alternative fueled vehicles such as air powered vehicles. These vehicles, which operate on the principle of compressed air technology, do not have an adverse effect on the environment, like internal combustion engine vehicles. Thus, they have witnessed growing demand from countries that have stringent regulatory policies in place, regarding the environment.

Growing popularity of eco-friendly fuel and increasing awareness regarding the importance of maintaining the environmental balance has driven the market for air powered vehicles. However, lack of spending power on these vehicles, which are more expensive than ICE engines currently, is creating an obstacle to the growth of the market, particularly in some developing and under-developed countries.

Key Players

The global air powered vehicle market was dominated by major players such as Motor Development International SA (France), Tata Motors (India), Honda Motor Company, Ltd. (Japan), Groupe PSA (France), Engineair Pty Ltd (Australia), and Phinergy (Israel).

Get Free Sample @ https://www.marketresearchfuture.com/sample_request/7483

Market Research Analysis

In terms of region, the global Air Powered Vehicle market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia Pacific accounted for a considerable market share in 2018. The market in this region has witnessed growing demand on account of an improvement in the standards of living of the people and growing stringency in terms of environmental regulations. Countries such as China and Japan are expected to be the major contributors of the market in this region.

Europe, which is considered to be an engineering hub for the global automotive industry, is also expected to witness considerable demand over the next five years. Presence of major players in France, Italy and Germany are expected to have a positive impact on the market in this region. Besides, incentives and subsidies in some countries encouraging the usage of air powered vehicles, are also playing a key role in the market growth.

Scope of the Report

This study provides an overview of the global Air Powered Vehicle Market, tracking five market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Air Powered Vehicle Market by type, vehicle type, business model and region.

By Energy Mode 

  • Single Energy Mode
  • Dual Energy Mode

By Vehicle Type 

  • Passenger Cars
  • LCV
  • HCV

By Regions

  • North America
  • Asia-Pacific
  • Europe
  • Rest of the World

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


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 Components, Application, Logistics 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.


Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]


Related Articles