TMCNet:  Markets and Markets : Low Emission Vehicle Market to Hit $103.13 Billion by 2017

[October 17, 2014]

Markets and Markets : Low Emission Vehicle Market to Hit $103.13 Billion by 2017

(M2 PressWIRE Via Acquire Media NewsEdge) According to a new market research report "Low Emission Vehicle Market (2012 - 2017) - By Degree of Hybridization & Type of Traction Battery Used - Global Forecast, Trends & Analysis" published by MarketsandMarkets (www.marketsandmarkets.com), the global low emission vehicle market was valued $21.13 billion in 2011 and is expected to grow from $27.45 billion in 2012 to $103.13 billion by 2017 at an estimated CAGR of 30.3% from 2012 to 2017. 826.8 thousand low emission vehicle were shipped on a global level for 2011 and the number is expected to reach 3532.1 thousand units by 2017, at an estimated CAGR of 27.8% from 2012 to 2017.

Browse 105 tables and in-depth TOC on "Low Emission Vehicle Market (2012 - 2017) - Global Forecast, Trends & Analysis".

http://www.marketsandmarkets.com/Market-Reports/hybrid-electric-vehicle-hev-battery-solar-powered-market-649.html Early buyers will receive 10% customization on this report.

A hybrid electric vehicle (HEV) is a type of hybrid vehicle and electric vehicle that combines a conventional internal combustion engine (ICE) propulsion system with an electric propulsion system. The presence of the electric powertrain is intended to achieve either better fuel economy than a conventional vehicle, or better performance.

The world is dominated by ICE-powered vehicle and enjoying the benefits of advances in technology and mass production; wide support from components manufacturer industries, and availability of talented resources. However, the outcome of this dominance includes faster consumption of global fossil fuel resources and an increasing amount of exhaust emissions such as CO2 and CO in the environment. Given these challenges, governments and automakers are looking for better alternative to ICE-powered vehicle that can reduce the exhaust emission and reduce the dependence on oil, which is the primary fuel to tradition vehicles. That is why the need for low emission vehicle is evolving and is continuously growing. This approach will act as a medium to make automotive industry more environment-friendly, ultimately benefiting the world.

You can speak to our research analyst to know more about this report: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=649 Various low emission vehicle types that are covered in the report are Mild Hybrid Electric Vehicle (MHEV), Full Hybrid Electric Vehicle (FHEV), Plug-in Hybrid Electric Vehicle (PHEV), and Pure Electric Vehicle (EV or BEV). The report also profiles 15 key low emission vehicle manufacturers, along with 7 key players of the vehicle component manufacturers. The report draws the competitive landscape of low emission vehicle market, providing an in-depth comparative analysis of the technological and marketing strategies the key players are adopting in order to gain an edge over the their competitors.

About MarketsandMarkets MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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