Global Alternative Fuel Vehicle (AFV) Market Insights, Forecast to 2025

An alternative fuel vehicle (AFV) is a vehicle that runs on substances other than the conventional petroleum gas and diesel.
The classification of Alternative Fuel Vehicle includes Electricity, Natural Gas /Compressed Natural Gas and Others, and the proportion of Electric vehicle in 2018 is about 66.48%.Alternative Fuel Vehicle is widely used in home use and commercial use. The most proportion of Alternative Fuel Vehicle is home use, and consumption proportion in 2018 is about 84.69%.
China is the largest consumption region of Alternative Fuel Vehicle, with a consumption market share nearly 39.08% in 2018. Europe is the second largest consumption of Alternative Fuel Vehicle, enjoying production market share nearly 25.61% in 2018.
Market competition is not intense. Tesla, BMW Group, BYD, Yutong, Daimler AG, BAIC, Renault, Toyota Motor Corporation, General Motors, SAIC, Geely, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Global Alternative Fuel Vehicle (AFV) market size will reach 261030 million US$ by 2025, from 96890 million US$ in 2018, at a CAGR of 15.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Alternative Fuel Vehicle (AFV).

This industry study presents the global Alternative Fuel Vehicle (AFV) market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Alternative Fuel Vehicle (AFV) production, revenue and market share by manufacturers, key regions and type;
The consumption of Alternative Fuel Vehicle (AFV) in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Tesla, BMW Group, etc.

The following manufacturers are covered in this report:
Tesla
BMW Group
BYD
Yutong
Daimler AG
BAIC
Renault
Toyota Motor Corporation
General Motors
SAIC
Geely
Fiat Chrysler Automobiles
Volkswagen
Chery
JMCG
JAC
Ford
Hyundai
Dongfeng
Zotye
Mitsubishi
Honda
Changan

Alternative Fuel Vehicle (AFV) Breakdown Data by Type
Electric Vehicle
Natural Gas/Compressed Natural Gas
Others
Alternative Fuel Vehicle (AFV) Breakdown Data by Application
Home Use
Commercial Use

Alternative Fuel Vehicle (AFV) Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions

Alternative Fuel Vehicle (AFV) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Alternative Fuel Vehicle (AFV) status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Alternative Fuel Vehicle (AFV) manufacturers, production, revenue, market share, Recent Development and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Alternative Fuel Vehicle (AFV) :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Alternative Fuel Vehicle (AFV) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

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.