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1451283

ソーラーカー市場レポート:推進タイプ、車両タイプ、バッテリータイプ、ソーラーパネルタイプ、充電タイプ、地域別、2024-2032

Solar Vehicle Market Report by Propulsion Type, Vehicle Type, Battery Type, Solar Panel Type, Charging Type, and Region 2024-2032

出版日: | 発行: IMARC | ページ情報: 英文 149 Pages | 納期: 2~3営業日

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価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=156.53円
ソーラーカー市場レポート:推進タイプ、車両タイプ、バッテリータイプ、ソーラーパネルタイプ、充電タイプ、地域別、2024-2032
出版日: 2024年03月02日
発行: IMARC
ページ情報: 英文 149 Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界のソーラーカー市場規模は、2023年に3億6,980万米ドルに達しました。今後、IMARC Groupは、2024年から2032年にかけて34.1%の成長率(CAGR)を示し、2032年までに55億7,830万米ドルに達すると予測しています。温室効果ガス排出削減ニーズの高まり、ソーラーパネル技術の急速な進歩、クリーンで再生可能な輸送を促進するための政府のインセンティブ、補助金、規制のイントロダクションなどが、市場を牽引する主な要因となっています。

ソーラーカーは、太陽エネルギーを動力源とする電気自動車(EV)です。化石燃料だけに頼る従来の自動車とは異なり、ソーラーカーは表面に取り付けられた太陽光発電(PV)パネルを通じて太陽からのエネルギーを利用します。このソーラーパネルが太陽光を電気に変換し、車載バッテリーに蓄電して車両の電気モーターを駆動します。ソーラーカーは、エネルギー効率を最適化し、ソーラーパネルに利用可能な表面積を最大化するため、軽量な素材で設計されています。ソーラーパネルを車体に組み込むことで、走行中や晴天の駐車中に発電することができます。ソーラーカーの特徴は、持続可能な輸送と環境負荷の低減に取り組んでいることです。その結果、これらの車両は、都市部での通勤、レクリエーション旅行、ソーラー技術の可能性の紹介など、さまざまな目的で一般的に使用されています。

昨今、大気汚染や気候変動、化石燃料の枯渇に対する懸念が高まり、よりクリーンで持続可能な輸送ソリューションへの需要が高まっています。ソーラーカーは温室効果ガスの排出を大幅に削減できるため、環境保護に向けた世界の動きに合致しています。さらに、ソーラーパネルの効率とエネルギー貯蔵技術の進歩が進み、ソーラーカーの実現可能性が高まっています。より効率的なソーラーパネルと軽量なエネルギー貯蔵システムにより、太陽エネルギーの有効利用と走行距離の延長が可能になります。さらに、先進経済諸国と新興経済諸国の政府は、自動車公害を最小限に抑える取り組みにますます力を入れ、イニシアチブを取るようになっています。その結果、自動車メーカーは化石燃料への依存を減らし、クリーンで再生可能なエネルギー源で走行できる持続可能な自動車の開拓に力を入れており、これが市場を後押ししています。

ソーラーカー市場の動向と促進要因:

温室効果ガス排出削減ニーズの高まり

世界各国が二酸化炭素排出量の削減と気候変動目標の達成に取り組む中、ソーラーカー市場は具体的な解決策として浮上しています。ソーラーカーは、運行中にテールパイプ排出をゼロにし、大気汚染と温室効果ガス排出への輸送部門の貢献を軽減します。このような気候変動目標との整合性は、ソーラーカーを、輸送の脱炭素化という広範な取り組みの重要な要素として位置づけています。さらに、企業は持続可能性を事業と車両管理に統合する傾向を強めています。ソーラーカーは、二酸化炭素排出量を削減する方法を提供することで、企業の持続可能性目標に合致しています。企業がよりクリーンな輸送手段に移行するにつれて、企業の車両やサービス向けのソーラーカーの需要は世界中で高まっています。

さまざまな技術の進歩

ソーラーパネル技術とエネルギー貯蔵システムにおける継続的な飛躍的進歩は、ソーラーカー市場の牽引役として極めて重要な役割を果たしています。ソーラーパネルの効率が向上し、エネルギー貯蔵容量が増加するにつれて、ソーラーカーはより実用的になり、日常的に使用できるようになります。これらの進歩により、自動車はより多くの太陽エネルギーを取り込み、蓄えることができるようになり、走行距離が延び、外部充電源への依存度が低下します。さらに、軽量素材や空気力学の革新は、ソーラーカーの全体的なエネルギー効率に貢献し、消費者や投資家へのアピール度を高めています。さらに、ソーラーパネルの効率が上がれば、車両に必要なエネルギーのうち、より大きな割合を占めることができるようになります。太陽エネルギーの補完による航続距離の延長は、消費者にとって大きな魅力です。高度なソーラーパネルを搭載した自動車は、走行中や駐車中にバッテリーを充電できる可能性があり、外部からの頻繁な充電の必要性を減らすことができます。

政府の有利なイニシアチブの実施

政府の政策、インセンティブ、規制は、ソーラーカーの採用に大きな影響を与えます。税制優遇措置、リベート、ソーラーカーに対する優遇措置などの支援政策は、消費者にソーラーカーの選択肢を検討するよう促します。さらに、排出ガスの削減と持続可能な輸送ソリューションの促進を目的とした規制は、ソーラーカー市場の成長に有利な環境を提供しています。車両の安全性、インフラ整備、エネルギー基準に関する明確なガイドラインは、ソーラーカー採用に対する消費者の信頼をさらに高めています。さらに、政府の取り組みには、ソーラーカー技術の研究開発に対する資金援助が含まれることが多いです。こうした投資は技術革新を促進し、ソーラーパネル、エネルギー貯蔵システム、車両効率の向上につながります。資金援助が受けられることで、メーカーと研究者はソーラー車両技術の向上に共同で取り組むようになり、最終的には性能と機能の向上で消費者に利益をもたらすことになります。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要産業動向

第5章 世界のソーラーカー市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:推進タイプ別

  • HEV
    • 市場動向
    • 市場予測
  • PHEV
    • 市場動向
    • 市場予測
  • BEV
    • 市場動向
    • 市場予測

第7章 市場内訳:車両タイプ別

  • 乗用車
    • 市場動向
    • 市場予測
  • 商用車
    • 市場動向
    • 主要タイプ
    • 市場予測

第8章 市場内訳:バッテリータイプ別

  • リチウムイオン
    • 市場動向
    • 市場予測
  • 鉛蓄電池
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳:ソーラーパネルタイプ別

  • 単結晶
    • 市場動向
    • 市場予測
  • 多結晶
    • 市場動向
    • 市場予測

第10章 市場内訳:充電タイプ別

  • 低速充電
    • 市場動向
    • 市場予測
  • 急速充電
    • 市場動向
    • 市場予測

第11章 市場内訳:地域別

  • 北米
    • 市場動向
    • 市場予測
  • 欧州
    • 市場動向
    • 市場予測
  • アジア太平洋
    • 市場動向
    • 市場予測
  • 世界のその他の地域
    • 市場動向
    • 市場予測

第12章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第13章 バリューチェーン分析

第14章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第15章 価格分析

  • 主な価格指標
  • 価格構造
  • 価格動向

第16章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Ford Motor Company
    • General Motors Company
    • Hanergy Thin Film Power EME B.V.
    • Jinko Solar
    • Lightyear
    • Mahindra & Mahindra Limited
    • Nissan Motor Company Ltd
    • Toyota Motor Corporation
    • Volkswagen AG
図表

List of Figures

  • Figure 1: Global: Solar Vehicle Industry: Major Drivers and Challenges
  • Figure 2: Global: Solar Vehicle Market: Sales Value (in Million US$), 2018-2023
  • Figure 3: Global: Solar Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 4: Global: Solar Vehicle Market: Breakup by Propulsion Type (in %), 2023
  • Figure 5: Global: Solar Vehicle Market (HEV): Sales Value (in Million US$), 2018 & 2023
  • Figure 6: Global: Solar Vehicle Market (HEV) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 7: Global: Solar Vehicle Market (PHEV): Sales Value (in Million US$), 2018 & 2023
  • Figure 8: Global: Solar Vehicle Market (PHEV) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 9: Global: Solar Vehicle Market (BEV): Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Solar Vehicle Market (BEV) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Solar Vehicle Market: Breakup by Vehicle Type (in %), 2023
  • Figure 12: Global: Solar Vehicle Market (Passenger Cars): Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Solar Vehicle Market (Passenger Cars) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Solar Vehicle Market (Commercial Vehicles): Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Solar Vehicle Market (Commercial Vehicles) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Solar Vehicle Market: Breakup by Battery Type (in %), 2023
  • Figure 17: Global: Solar Vehicle Market (Lithium-ion): Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Solar Vehicle Market (Lithium-ion) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Solar Vehicle Market (Lead-Acid): Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Solar Vehicle Market (Lead-Acid) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Solar Vehicle Market (Other Battery Types): Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Solar Vehicle Market (Other Battery Types) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Solar Vehicle Market: Breakup by Solar Panel Type (in %), 2023
  • Figure 24: Global: Solar Vehicle Market (Monocrystalline): Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Solar Vehicle Market (Monocrystalline) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Solar Vehicle Market (Polycrystalline): Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Solar Vehicle Market (Polycrystalline) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Solar Vehicle Market: Breakup by Charging Type (in %), 2023
  • Figure 29: Global: Solar Vehicle Market (Slow Charging): Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Solar Vehicle Market (Slow Charging) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Solar Vehicle Market (Fast Charging): Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Solar Vehicle Market (Fast Charging) Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Global: Solar Vehicle Market: Breakup by Region (in %), 2023
  • Figure 34: North America: Solar Vehicle Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: North America: Solar Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: Europe: Solar Vehicle Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: Europe: Solar Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Asia-Pacific: Solar Vehicle Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Asia-Pacific: Solar Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: Rest of the World: Solar Vehicle Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: Rest of the World: Solar Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: Global: Solar Vehicle Industry: SWOT Analysis
  • Figure 43: Global: Solar Vehicle Industry: Value Chain Analysis
  • Figure 44: Global: Solar Vehicle Industry: Porters Five Forces Analysis
  • Figure 45: Global: Solar Vehicle Market: Breakup by Production Cost (in %)
  • Figure 46: Global: Solar Vehicle Market: Average Price Trends (in US$/Unit), 2018 & 2023, 2024-2032

List of Tables

  • Table 1: Global: Solar Vehicle Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Solar Vehicle Market: Breakup by Propulsion Type (in Million US$), 2018 & 2023
  • Table 3: Global: Solar Vehicle Market Forecast: Breakup by Propulsion Type (in Million US$), 2024-2032
  • Table 4: Global: Solar Vehicle Market: Breakup by Vehicle Type (in Million US$), 2018 & 2023
  • Table 5: Global: Solar Vehicle Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
  • Table 6: Global: Solar Vehicle Market: Breakup by Battery Type (in Million US$), 2018 & 2023
  • Table 7: Global: Solar Vehicle Market Forecast: Breakup by Battery Type (in Million US$), 2024-2032
  • Table 8: Global: Solar Vehicle Market: Breakup by Solar Panel Type (in Million US$), 2018 & 2023
  • Table 9: Global: Solar Vehicle Market Forecast: Breakup by Solar Panel Type (in Million US$), 2024-2032
  • Table 10: Global: Solar Vehicle Market: Breakup by Charging Type (in Million US$), 2018 & 2023
  • Table 11: Global: Solar Vehicle Market Forecast: Breakup by Charging Type (in Million US$), 2024-2032
  • Table 12: Global: Solar Vehicle Market: Breakup by Region (in Million US$), 2018 & 2023
  • Table 13: Global: Solar Vehicle Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 14: Global: Solar Vehicle Industry: Key Price Indicators
  • Table 15: Global: Solar Vehicle Industry: Market Structure
  • Table 16: Global: Solar Vehicle Market: Key Players
目次
Product Code: SR112024A1953

The global solar vehicle market size reached US$ 369.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 5,578.3 Million by 2032, exhibiting a growth rate (CAGR) of 34.1% during 2024-2032. The surging need to reduce greenhouse gas emissions, rapid advancements in solar panel technology, and the introduction of government incentives, subsidies, and regulations to promote clean and renewable transportation represent some of the key factors driving the market.

A solar vehicle is an electric vehicle (EV) that utilizes solar energy to power its propulsion system. Unlike traditional vehicles that rely solely on fossil fuels, solar vehicles harness energy from the sun through photovoltaic (PV) panels mounted on their surfaces. These solar panels convert sunlight into electricity, which is stored in onboard batteries and used to drive the vehicle's electric motors. Solar vehicles are designed with lightweight materials to optimize energy efficiency and maximize the surface area available for solar panels. The integration of solar panels onto the vehicle's body allows it to generate power while in motion or when parked in sunny conditions. Solar vehicles are characterized by their commitment to sustainable transportation and reduced environmental impact. As a result, these vehicles are commonly used for various purposes, including urban commuting, recreational travel, and showcasing the potential of solar technology.

Nowadays, the growing concerns about air pollution, climate change, and the depletion of fossil fuels have heightened the demand for cleaner and more sustainable transportation solutions. Solar vehicles offer a significant reduction in greenhouse gas emissions, aligning with the global drive towards environmental protection. In addition, ongoing advancements in solar panel efficiency and energy storage technologies are enhancing the feasibility of solar-powered vehicles. More efficient solar panels and lightweight energy storage systems allow for better utilization of solar energy and longer driving ranges. Moreover, governments of both developed and emerging economies are increasingly focusing on efforts and undertaking initiatives to minimize vehicular pollution. Consequently, automobile manufacturers are emphasizing on developing sustainable vehicles that reduce the overall dependence on fossil fuels and can operate on clean and renewable sources of energy, which is propelling the market.

Solar Vehicle Market Trends/Drivers:

Rising need to reduce greenhouse gas emissions

As countries worldwide commit to reducing carbon emissions and achieving climate targets, the solar vehicle market emerges as a tangible solution. Solar vehicles produce zero tailpipe emissions during operation, mitigating the transportation sector's contribution to air pollution and greenhouse gas emissions. This alignment with climate goals positions solar vehicles as a crucial component of the broader effort to decarbonize transportation. Moreover, businesses are increasingly integrating sustainability into their operations and fleet management. Solar vehicles align with corporate sustainability goals by offering a way to reduce carbon footprints. As companies transition to cleaner transportation options, the demand for solar vehicles for corporate fleets and services is increasing across the globe.

Various technological advancements

Ongoing breakthroughs in solar panel technology and energy storage systems play a pivotal role in driving the solar vehicle market. As solar panel efficiency improves and energy storage capacity increases, solar-powered vehicles become more practical and viable for everyday use. These advancements enable vehicles to capture and store more solar energy, extending their driving range and reducing reliance on external charging sources. Moreover, innovations in lightweight materials and aerodynamics contribute to the overall energy efficiency of solar vehicles, enhancing their appeal to consumers and investors alike. Besides, as solar panels become more efficient, they can contribute a larger share of the energy required to power the vehicle. This extension of the driving range through solar energy supplementation is a significant attraction for consumers. Vehicles equipped with advanced solar panels can potentially recharge their batteries while in motion or parked, reducing the need for frequent external charging.

Implementation of favorable government initiatives

Government policies, incentives, and regulations have a significant impact on the adoption of solar vehicles. Supportive policies, such as tax incentives, rebates, and preferential treatment for solar-powered vehicles, encourage consumers to consider solar options. Additionally, regulations aimed at reducing emissions and promoting sustainable transportation solutions provide a favorable environment for the growth of the solar vehicle market. Clear guidelines for vehicle safety, infrastructure development, and energy standards further enhance consumer confidence in adopting solar vehicles. Moreover, government initiatives often include funding for research and development in solar vehicle technology. These investments drive innovation, leading to advancements in solar panels, energy storage systems, and vehicle efficiency. The availability of funding encourages manufacturers and researchers to collaborate on enhancing solar vehicle technology, ultimately benefiting consumers with improved performance and functionality.

Solar Vehicle Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global solar vehicle market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on propulsion type, vehicle type, battery type, solar panel type and charging type.

Breakup by Propulsion Type:

BEV

HEV

PHEV

HEV represents the most leading propulsion type

The report has provided a detailed breakup and analysis of the market based on the propulsion type. This includes BEV, HEV, and PHEV. According to the report, HEV represented the largest segment.

HEVs combine an internal combustion engine (ICE) with an electric motor and battery. This hybrid configuration allows the vehicle to optimize fuel efficiency by utilizing electric power for lower-speed driving and switching to the ICE for higher speeds or when additional power is needed. The flexibility in power sources results in improved fuel economy and reduced emissions compared to conventional vehicles. Besides, HEVs feature regenerative braking systems that capture and store energy during braking. This energy is then used to recharge the vehicle's battery, increasing overall energy efficiency and reducing wear on the brake components. This feature aligns with the solar vehicle market's emphasis on energy conservation and sustainability.

Breakup by Vehicle Type:

Passenger Cars

Commercial Vehicles

Passenger cars hold the largest market share

A detailed breakup and analysis of the solar vehicle market based on the vehicle type has also been provided in the report. This includes passenger cars and commercial vehicles. According to the report, passenger cars represented the leading segment.

Urban areas witness high population densities and traffic congestion, making solar-powered passenger cars an attractive proposition. Solar-powered passenger cars address the need for eco-friendly urban mobility by offering clean and efficient transportation for daily commutes, errands, and short trips. Their integration into urban environments aligns with sustainability goals and congestion reduction efforts. Moreover, solar technology is more readily adaptable to smaller vehicles like passenger cars due to their size and weight. Integrating solar panels onto passenger cars' surfaces is relatively more feasible than on larger vehicles, allowing for efficient energy capture and utilization. As solar technology improves and becomes more efficient, it becomes increasingly practical to power passenger cars with solar energy.

Breakup by Battery Type:

Lithium-ion

Lead-Acid

Others

Lithium-ion battery accounts for the majority of the market

The report has provided a detailed breakup and analysis of the market based on the battery type. This includes lithium-ion, lead-acid, and others. According to the report, lithium-ion batteries accounted for the largest market share.

Lithium-ion batteries offer a high energy density, meaning they can store a significant amount of energy in a relatively compact and lightweight package. This is crucial for solar vehicles, as limited space and weight capacity need to be optimized to achieve optimal performance and range. Moreover, these batteries have a high charge and discharge efficiency, which means they can effectively convert stored energy into power to drive the vehicle's electric motor. This efficiency contributes to the overall range of the vehicle and maximizes the utilization of the collected solar energy.

Breakup by Solar Panel Type:

Monocrystalline

Polycrystalline

Monocrystalline panels represent the leading segment

The report has provided a detailed breakup and analysis of the market based on the solar panel type. This includes monocrystalline and polycrystalline. According to the report, monocrystalline panels accounted for the largest market share.

Monocrystalline solar panels are known for their higher efficiency compared to other types of solar panels, such as polycrystalline or thin-film panels. This efficiency results from their uniform crystalline structure, which allows them to convert a higher percentage of sunlight into electricity. In the context of solar vehicles, where space for solar panels is limited, monocrystalline panels offer the best energy output per unit area. Besides, monocrystalline solar panels are known for their higher efficiency compared to other types of solar panels, such as polycrystalline or thin-film panels. This efficiency results from their uniform crystalline structure, which allows them to convert a higher percentage of sunlight into electricity. In the context of solar vehicles, where space for solar panels is limited, monocrystalline panels offer the best energy output per unit area.

Breakup by Charging Type:

Slow Charging

Fast Charging

Fast charging currently dominates the market

The report has provided a detailed breakup and analysis of the solar vehicle market based on the charging type. This includes slow charging and fast charging. According to the report, fast charging represented the leading segment.

Fast charging significantly reduces the time needed to charge an vehicle's battery compared to standard charging methods. This convenience makes EVs more appealing to consumers, as it minimizes downtime and allows for longer trips without prolonged charging breaks. Moreover, in urban areas where EVs are commonly used for commuting, fast charging stations provide a quick way for drivers to charge their vehicles while they go about their daily activities. Besides, advancements in battery technology and charging systems have made fast charging more efficient and viable, reducing the risk of overheating and battery degradation.

Breakup by Region:

North America

Europe

Asia Pacific

Rest of the World

North America exhibits a clear dominance in the market

The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia-Pacific, and Rest of the World. According to the report, North America accounted for the largest market share.

North America, especially the United States, has been at the forefront of adopting electric vehicles due to environmental concerns, government incentives, and consumer interest in cutting-edge technology. This strong demand has attracted investments from automakers and EV infrastructure providers. Moreover, North American companies and research institutions have been actively involved in the research and development of EV technologies, including battery advancements and charging infrastructure. This has positioned the region as a hub for innovation in the EV sector. Besides, the region has invested heavily in developing EV charging infrastructure, including fast-charging networks along major highways and urban areas.

Competitive Landscape:

The competitive landscape of the market is characterized by a dynamic interplay of established players, innovative startups, and technology giants striving to capture market share. Nowadays, leading players are investing heavily in research and development activities to launch cost-effective solar-powered vehicles with high performance. They are also adopting key strategies such as new product developments, collaborations, and contracts & agreements to sustain their market position. Moreover, various companies are engaging in partnerships and mergers and acquisitions to strengthen their position and gain a competitive edge. Besides, some companies are exploring solar technology integration in the broader electric vehicle (EV) market.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Ford Motor Company

General Motors Company

Hanergy Thin Film Power EME B.V.

Jinko Solar

Lightyear

Mahindra & Mahindra Limited

Nissan Motor Company Ltd

Toyota Motor Corporation

Volkswagen AG

Recent Developments:

Lightyear has developed a solar-powered electric car called the Lightyear One. This vehicle is equipped with solar panels on its roof and hood, allowing it to charge while driving or when parked in the sun.

Ford Motor Company has introduced C-MAX Solar Energi concept, which utilizes a solar concentrator that follows the sun's movement to generate electricity for the vehicle's battery.

Key Questions Answered in This Report

  • 1. What was the size of the global solar vehicle market in 2023?
  • 2. What is the expected growth rate of the global solar vehicle market during 2024-2032?
  • 3. What are the key factors driving the global solar vehicle market?
  • 4. What has been the impact of COVID-19 on the global solar vehicle market?
  • 5. What is the breakup of the global solar vehicle market based on the propulsion type?
  • 6. What is the breakup of the global solar vehicle market based on the vehicle type?
  • 7. What is the breakup of the global solar vehicle market based on the battery type?
  • 8. What is the breakup of the global solar vehicle market based on the solar panel type?
  • 9. What is the breakup of the global solar vehicle market based on the charging type?
  • 10. What are the key regions in the global solar vehicle market?
  • 11. Who are the key players/companies in the global solar vehicle market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Solar Vehicle Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Propulsion Type

  • 6.1 HEV
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 PHEV
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 BEV
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Vehicle Type

  • 7.1 Passenger Cars
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Commercial Vehicles
    • 7.2.1 Market Trends
    • 7.2.2 Major Types
    • 7.2.3 Market Forecast

8 Market Breakup by Battery Type

  • 8.1 Lithium-ion
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Lead-Acid
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Others
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast

9 Market Breakup by Solar Panel Type

  • 9.1 Monocrystalline
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Polycrystalline
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast

10 Market Breakup by Charging Type

  • 10.1 Slow Charging
    • 10.1.1 Market Trends
    • 10.1.2 Market Forecast
  • 10.2 Fast Charging
    • 10.2.1 Market Trends
    • 10.2.2 Market Forecast

11 Market Breakup by Region

  • 11.1 North America
    • 11.1.1 Market Trends
    • 11.1.2 Market Forecast
  • 11.2 Europe
    • 11.2.1 Market Trends
    • 11.2.2 Market Forecast
  • 11.3 Asia-Pacific
    • 11.3.1 Market Trends
    • 11.3.2 Market Forecast
  • 11.4 Rest of the World
    • 11.4.1 Market Trends
    • 11.4.2 Market Forecast

12 SWOT Analysis

  • 12.1 Overview
  • 12.2 Strengths
  • 12.3 Weaknesses
  • 12.4 Opportunities
  • 12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis

  • 14.1 Overview
  • 14.2 Bargaining Power of Buyers
  • 14.3 Bargaining Power of Suppliers
  • 14.4 Degree of Competition
  • 14.5 Threat of New Entrants
  • 14.6 Threat of Substitutes

15 Price Analysis

  • 15.1 Key Price Indicators
  • 15.2 Price Structure
  • 15.3 Price Trends

16 Competitive Landscape

  • 16.1 Market Structure
  • 16.2 Key Players
  • 16.3 Profiles of Key Players
    • 16.3.1 Ford Motor Company
    • 16.3.2 General Motors Company
    • 16.3.3 Hanergy Thin Film Power EME B.V.
    • 16.3.4 Jinko Solar
    • 16.3.5 Lightyear
    • 16.3.6 Mahindra & Mahindra Limited
    • 16.3.7 Nissan Motor Company Ltd
    • 16.3.8 Toyota Motor Corporation
    • 16.3.9 Volkswagen AG