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Global Solar Vehicle Market Research Report 2024

Global Solar Vehicle Market Research Report 2024

Publishing Date : May, 2024

License Type :
 

Report Code : 1804758

No of Pages : 75

Synopsis

A solar vehicle is an electric vehicle powered completely or significantly by direct solar energy. Usually, photovoltaic (PV) cells contained in solar panels convert the sun's energy directly into electric energy. The term "solar vehicle" usually implies that solar energy is used to power all or part of a vehicle's propulsion. Solar power may be also used to provide power for communications or controls or other auxiliary functions. Solar vehicles are not sold as practical day-to-day transportation devices at present, but are primarily demonstration vehicles and engineering exercises, often sponsored by government agencies. However, indirectly solar-charged vehicles are widespread and solar boats are available commercially.

The global Solar Vehicle market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

This report aims to provide a comprehensive presentation of the global market for Solar Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Vehicle.

Report Scope

The Solar Vehicle market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solar Vehicle market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Solar Vehicle companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company

  • Lightyear
  • Volkswagen
  • Toyota
  • Nissan
  • Ford
  • General Motors
  • Mahindra & Mahindra
  • Sono Motors
  • Hanergy Thin Film Power Group

Segment by Type

  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)

Segment by Application

  • Passenger Car
  • Commercial Vehicle

By Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Netherlands)
  • Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
  • Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Solar Vehicle companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

Index

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Solar Vehicle Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Battery Electric Vehicle (BEV)
1.2.3 Hybrid Electric Vehicle (HEV)
1.3 Market by Application
1.3.1 Global Solar Vehicle Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Passenger Car
1.3.3 Commercial Vehicle
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Solar Vehicle Market Perspective (2019-2030)
2.2 Solar Vehicle Growth Trends by Region
2.2.1 Global Solar Vehicle Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Solar Vehicle Historic Market Size by Region (2019-2024)
2.2.3 Solar Vehicle Forecasted Market Size by Region (2025-2030)
2.3 Solar Vehicle Market Dynamics
2.3.1 Solar Vehicle Industry Trends
2.3.2 Solar Vehicle Market Drivers
2.3.3 Solar Vehicle Market Challenges
2.3.4 Solar Vehicle Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Solar Vehicle Players by Revenue
3.1.1 Global Top Solar Vehicle Players by Revenue (2019-2024)
3.1.2 Global Solar Vehicle Revenue Market Share by Players (2019-2024)
3.2 Global Solar Vehicle Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Solar Vehicle Revenue
3.4 Global Solar Vehicle Market Concentration Ratio
3.4.1 Global Solar Vehicle Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Solar Vehicle Revenue in 2023
3.5 Solar Vehicle Key Players Head office and Area Served
3.6 Key Players Solar Vehicle Product Solution and Service
3.7 Date of Enter into Solar Vehicle Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Solar Vehicle Breakdown Data by Type
4.1 Global Solar Vehicle Historic Market Size by Type (2019-2024)
4.2 Global Solar Vehicle Forecasted Market Size by Type (2025-2030)
5 Solar Vehicle Breakdown Data by Application
5.1 Global Solar Vehicle Historic Market Size by Application (2019-2024)
5.2 Global Solar Vehicle Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Solar Vehicle Market Size (2019-2030)
6.2 North America Solar Vehicle Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Solar Vehicle Market Size by Country (2019-2024)
6.4 North America Solar Vehicle Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Solar Vehicle Market Size (2019-2030)
7.2 Europe Solar Vehicle Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Solar Vehicle Market Size by Country (2019-2024)
7.4 Europe Solar Vehicle Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Solar Vehicle Market Size (2019-2030)
8.2 Asia-Pacific Solar Vehicle Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Solar Vehicle Market Size by Region (2019-2024)
8.4 Asia-Pacific Solar Vehicle Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Solar Vehicle Market Size (2019-2030)
9.2 Latin America Solar Vehicle Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Solar Vehicle Market Size by Country (2019-2024)
9.4 Latin America Solar Vehicle Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Solar Vehicle Market Size (2019-2030)
10.2 Middle East & Africa Solar Vehicle Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Solar Vehicle Market Size by Country (2019-2024)
10.4 Middle East & Africa Solar Vehicle Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Lightyear
11.1.1 Lightyear Company Detail
11.1.2 Lightyear Business Overview
11.1.3 Lightyear Solar Vehicle Introduction
11.1.4 Lightyear Revenue in Solar Vehicle Business (2019-2024)
11.1.5 Lightyear Recent Development
11.2 Volkswagen
11.2.1 Volkswagen Company Detail
11.2.2 Volkswagen Business Overview
11.2.3 Volkswagen Solar Vehicle Introduction
11.2.4 Volkswagen Revenue in Solar Vehicle Business (2019-2024)
11.2.5 Volkswagen Recent Development
11.3 Toyota
11.3.1 Toyota Company Detail
11.3.2 Toyota Business Overview
11.3.3 Toyota Solar Vehicle Introduction
11.3.4 Toyota Revenue in Solar Vehicle Business (2019-2024)
11.3.5 Toyota Recent Development
11.4 Nissan
11.4.1 Nissan Company Detail
11.4.2 Nissan Business Overview
11.4.3 Nissan Solar Vehicle Introduction
11.4.4 Nissan Revenue in Solar Vehicle Business (2019-2024)
11.4.5 Nissan Recent Development
11.5 Ford
11.5.1 Ford Company Detail
11.5.2 Ford Business Overview
11.5.3 Ford Solar Vehicle Introduction
11.5.4 Ford Revenue in Solar Vehicle Business (2019-2024)
11.5.5 Ford Recent Development
11.6 General Motors
11.6.1 General Motors Company Detail
11.6.2 General Motors Business Overview
11.6.3 General Motors Solar Vehicle Introduction
11.6.4 General Motors Revenue in Solar Vehicle Business (2019-2024)
11.6.5 General Motors Recent Development
11.7 Mahindra & Mahindra
11.7.1 Mahindra & Mahindra Company Detail
11.7.2 Mahindra & Mahindra Business Overview
11.7.3 Mahindra & Mahindra Solar Vehicle Introduction
11.7.4 Mahindra & Mahindra Revenue in Solar Vehicle Business (2019-2024)
11.7.5 Mahindra & Mahindra Recent Development
11.8 Sono Motors
11.8.1 Sono Motors Company Detail
11.8.2 Sono Motors Business Overview
11.8.3 Sono Motors Solar Vehicle Introduction
11.8.4 Sono Motors Revenue in Solar Vehicle Business (2019-2024)
11.8.5 Sono Motors Recent Development
11.9 Hanergy Thin Film Power Group
11.9.1 Hanergy Thin Film Power Group Company Detail
11.9.2 Hanergy Thin Film Power Group Business Overview
11.9.3 Hanergy Thin Film Power Group Solar Vehicle Introduction
11.9.4 Hanergy Thin Film Power Group Revenue in Solar Vehicle Business (2019-2024)
11.9.5 Hanergy Thin Film Power Group Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

List of Tables

List of Tables
Table 1. Global Solar Vehicle Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030
Table 2. Key Players of Battery Electric Vehicle (BEV)
Table 3. Key Players of Hybrid Electric Vehicle (HEV)
Table 4. Global Solar Vehicle Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030
Table 5. Global Solar Vehicle Market Size by Region (US$ Million): 2019 VS 2023 VS 2030
Table 6. Global Solar Vehicle Market Size by Region (2019-2024) & (US$ Million)
Table 7. Global Solar Vehicle Market Share by Region (2019-2024)
Table 8. Global Solar Vehicle Forecasted Market Size by Region (2025-2030) & (US$ Million)
Table 9. Global Solar Vehicle Market Share by Region (2025-2030)
Table 10. Solar Vehicle Market Trends
Table 11. Solar Vehicle Market Drivers
Table 12. Solar Vehicle Market Challenges
Table 13. Solar Vehicle Market Restraints
Table 14. Global Solar Vehicle Revenue by Players (2019-2024) & (US$ Million)
Table 15. Global Solar Vehicle Market Share by Players (2019-2024)
Table 16. Global Top Solar Vehicle Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Solar Vehicle as of 2023)
Table 17. Ranking of Global Top Solar Vehicle Companies by Revenue (US$ Million) in 2023
Table 18. Global 5 Largest Players Market Share by Solar Vehicle Revenue (CR5 and HHI) & (2019-2024)
Table 19. Key Players Headquarters and Area Served
Table 20. Key Players Solar Vehicle Product Solution and Service
Table 21. Date of Enter into Solar Vehicle Market
Table 22. Mergers & Acquisitions, Expansion Plans
Table 23. Global Solar Vehicle Market Size by Type (2019-2024) & (US$ Million)
Table 24. Global Solar Vehicle Revenue Market Share by Type (2019-2024)
Table 25. Global Solar Vehicle Forecasted Market Size by Type (2025-2030) & (US$ Million)
Table 26. Global Solar Vehicle Revenue Market Share by Type (2025-2030)
Table 27. Global Solar Vehicle Market Size by Application (2019-2024) & (US$ Million)
Table 28. Global Solar Vehicle Revenue Market Share by Application (2019-2024)
Table 29. Global Solar Vehicle Forecasted Market Size by Application (2025-2030) & (US$ Million)
Table 30. Global Solar Vehicle Revenue Market Share by Application (2025-2030)
Table 31. North America Solar Vehicle Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 32. North America Solar Vehicle Market Size by Country (2019-2024) & (US$ Million)
Table 33. North America Solar Vehicle Market Size by Country (2025-2030) & (US$ Million)
Table 34. Europe Solar Vehicle Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 35. Europe Solar Vehicle Market Size by Country (2019-2024) & (US$ Million)
Table 36. Europe Solar Vehicle Market Size by Country (2025-2030) & (US$ Million)
Table 37. Asia-Pacific Solar Vehicle Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030
Table 38. Asia-Pacific Solar Vehicle Market Size by Region (2019-2024) & (US$ Million)
Table 39. Asia-Pacific Solar Vehicle Market Size by Region (2025-2030) & (US$ Million)
Table 40. Latin America Solar Vehicle Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 41. Latin America Solar Vehicle Market Size by Country (2019-2024) & (US$ Million)
Table 42. Latin America Solar Vehicle Market Size by Country (2025-2030) & (US$ Million)
Table 43. Middle East & Africa Solar Vehicle Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 44. Middle East & Africa Solar Vehicle Market Size by Country (2019-2024) & (US$ Million)
Table 45. Middle East & Africa Solar Vehicle Market Size by Country (2025-2030) & (US$ Million)
Table 46. Lightyear Company Detail
Table 47. Lightyear Business Overview
Table 48. Lightyear Solar Vehicle Product
Table 49. Lightyear Revenue in Solar Vehicle Business (2019-2024) & (US$ Million)
Table 50. Lightyear Recent Development
Table 51. Volkswagen Company Detail
Table 52. Volkswagen Business Overview
Table 53. Volkswagen Solar Vehicle Product
Table 54. Volkswagen Revenue in Solar Vehicle Business (2019-2024) & (US$ Million)
Table 55. Volkswagen Recent Development
Table 56. Toyota Company Detail
Table 57. Toyota Business Overview
Table 58. Toyota Solar Vehicle Product
Table 59. Toyota Revenue in Solar Vehicle Business (2019-2024) & (US$ Million)
Table 60. Toyota Recent Development
Table 61. Nissan Company Detail
Table 62. Nissan Business Overview
Table 63. Nissan Solar Vehicle Product
Table 64. Nissan Revenue in Solar Vehicle Business (2019-2024) & (US$ Million)
Table 65. Nissan Recent Development
Table 66. Ford Company Detail
Table 67. Ford Business Overview
Table 68. Ford Solar Vehicle Product
Table 69. Ford Revenue in Solar Vehicle Business (2019-2024) & (US$ Million)
Table 70. Ford Recent Development
Table 71. General Motors Company Detail
Table 72. General Motors Business Overview
Table 73. General Motors Solar Vehicle Product
Table 74. General Motors Revenue in Solar Vehicle Business (2019-2024) & (US$ Million)
Table 75. General Motors Recent Development
Table 76. Mahindra & Mahindra Company Detail
Table 77. Mahindra & Mahindra Business Overview
Table 78. Mahindra & Mahindra Solar Vehicle Product
Table 79. Mahindra & Mahindra Revenue in Solar Vehicle Business (2019-2024) & (US$ Million)
Table 80. Mahindra & Mahindra Recent Development
Table 81. Sono Motors Company Detail
Table 82. Sono Motors Business Overview
Table 83. Sono Motors Solar Vehicle Product
Table 84. Sono Motors Revenue in Solar Vehicle Business (2019-2024) & (US$ Million)
Table 85. Sono Motors Recent Development
Table 86. Hanergy Thin Film Power Group Company Detail
Table 87. Hanergy Thin Film Power Group Business Overview
Table 88. Hanergy Thin Film Power Group Solar Vehicle Product
Table 89. Hanergy Thin Film Power Group Revenue in Solar Vehicle Business (2019-2024) & (US$ Million)
Table 90. Hanergy Thin Film Power Group Recent Development
Table 91. Research Programs/Design for This Report
Table 92. Key Data Information from Secondary Sources
Table 93. Key Data Information from Primary Sources
List of Figures
Figure 1. Global Solar Vehicle Market Size Comparison by Type (2024-2030) & (US$ Million)
Figure 2. Global Solar Vehicle Market Share by Type: 2023 VS 2030
Figure 3. Battery Electric Vehicle (BEV) Features
Figure 4. Hybrid Electric Vehicle (HEV) Features
Figure 5. Global Solar Vehicle Market Size Comparison by Application (2024-2030) & (US$ Million)
Figure 6. Global Solar Vehicle Market Share by Application: 2023 VS 2030
Figure 7. Passenger Car Case Studies
Figure 8. Commercial Vehicle Case Studies
Figure 9. Solar Vehicle Report Years Considered
Figure 10. Global Solar Vehicle Market Size (US$ Million), Year-over-Year: 2019-2030
Figure 11. Global Solar Vehicle Market Size, (US$ Million), 2019 VS 2023 VS 2030
Figure 12. Global Solar Vehicle Market Share by Region: 2023 VS 2030
Figure 13. Global Solar Vehicle Market Share by Players in 2023
Figure 14. Global Top Solar Vehicle Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Solar Vehicle as of 2023)
Figure 15. The Top 10 and 5 Players Market Share by Solar Vehicle Revenue in 2023
Figure 16. North America Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 17. North America Solar Vehicle Market Share by Country (2019-2030)
Figure 18. United States Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 19. Canada Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 20. Europe Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 21. Europe Solar Vehicle Market Share by Country (2019-2030)
Figure 22. Germany Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 23. France Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 24. U.K. Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 25. Italy Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 26. Russia Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 27. Nordic Countries Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 28. Asia-Pacific Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 29. Asia-Pacific Solar Vehicle Market Share by Region (2019-2030)
Figure 30. China Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 31. Japan Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 32. South Korea Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 33. Southeast Asia Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 34. India Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 35. Australia Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 36. Latin America Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 37. Latin America Solar Vehicle Market Share by Country (2019-2030)
Figure 38. Mexico Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 39. Brazil Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 40. Middle East & Africa Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 41. Middle East & Africa Solar Vehicle Market Share by Country (2019-2030)
Figure 42. Turkey Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 43. Saudi Arabia Solar Vehicle Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 44. Lightyear Revenue Growth Rate in Solar Vehicle Business (2019-2024)
Figure 45. Volkswagen Revenue Growth Rate in Solar Vehicle Business (2019-2024)
Figure 46. Toyota Revenue Growth Rate in Solar Vehicle Business (2019-2024)
Figure 47. Nissan Revenue Growth Rate in Solar Vehicle Business (2019-2024)
Figure 48. Ford Revenue Growth Rate in Solar Vehicle Business (2019-2024)
Figure 49. General Motors Revenue Growth Rate in Solar Vehicle Business (2019-2024)
Figure 50. Mahindra & Mahindra Revenue Growth Rate in Solar Vehicle Business (2019-2024)
Figure 51. Sono Motors Revenue Growth Rate in Solar Vehicle Business (2019-2024)
Figure 52. Hanergy Thin Film Power Group Revenue Growth Rate in Solar Vehicle Business (2019-2024)
Figure 53. Bottom-up and Top-down Approaches for This Report
Figure 54. Data Triangulation
Figure 55. Key Executives Interviewed

Published By : QY Research

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