Global Alternative Fuel Vehicle (AFV) Sales Market Report 2022
An alternative fuel vehicle (AFV) is a vehicle that runs on substances other than the conventional petroleum gas and diesel.
Market Analysis and Insights: Global Alternative Fuel Vehicle (AFV) Market
Due to the COVID-19 pandemic, the global Alternative Fuel Vehicle (AFV) market size is estimated to be worth US$ 168080 million in 2021 and is forecast to a readjusted size of US$ 168080 million by 2028 with a CAGR of 15.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Alternative Fuel Vehicle (AFV) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Alternative Fuel Vehicle (AFV) key players include Tesla, BMW Group, BYD, Yutong, Daimler AG, etc. Global top five manufacturers hold a share about 40%.
China is the largest market, with a share about 40%, followed by Europe and North America, both have a share over 50 percent.
In terms of product, Electricity is the largest segment, with a share about 85%. And in terms of application, the largest application is Home Use, followed by Commercial Use.
Global Alternative Fuel Vehicle (AFV) Scope and Market Size
The global Alternative Fuel Vehicle (AFV) market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Alternative Fuel Vehicle (AFV) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Electric Vehicle
Natural Gas/Compressed Natural Gas
Others
Segment by Application
Home Use
Commercial Use
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
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
Market Analysis and Insights: Global Alternative Fuel Vehicle (AFV) Market
Due to the COVID-19 pandemic, the global Alternative Fuel Vehicle (AFV) market size is estimated to be worth US$ 168080 million in 2021 and is forecast to a readjusted size of US$ 168080 million by 2028 with a CAGR of 15.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Alternative Fuel Vehicle (AFV) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Alternative Fuel Vehicle (AFV) key players include Tesla, BMW Group, BYD, Yutong, Daimler AG, etc. Global top five manufacturers hold a share about 40%.
China is the largest market, with a share about 40%, followed by Europe and North America, both have a share over 50 percent.
In terms of product, Electricity is the largest segment, with a share about 85%. And in terms of application, the largest application is Home Use, followed by Commercial Use.
Global Alternative Fuel Vehicle (AFV) Scope and Market Size
The global Alternative Fuel Vehicle (AFV) market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Alternative Fuel Vehicle (AFV) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Electric Vehicle
Natural Gas/Compressed Natural Gas
Others
Segment by Application
Home Use
Commercial Use
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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