Report overview
An alternative fuel vehicle (AFV) is a vehicle that runs on substances other than the conventional petroleum gas and diesel.
This report aims to provide a comprehensive presentation of the global market for Alternative Fuel Vehicle (AFV), 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 Alternative Fuel Vehicle (AFV). This report contains market size and forecasts of Alternative Fuel Vehicle (AFV) in global, including the following market information:
Global Alternative Fuel Vehicle (AFV) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Alternative Fuel Vehicle (AFV) Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Alternative Fuel Vehicle (AFV) companies in 2022 (%)
The global Alternative Fuel Vehicle (AFV) market was valued at US$ 172950 million in 2022 and is projected to reach US$ 447490 million by 2029, at a CAGR of 14.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Alternative Fuel Vehicle (AFV) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Alternative Fuel Vehicle (AFV) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Alternative Fuel Vehicle (AFV) Market Segment Percentages, by Type, 2022 (%)
Electric Vehicle
Natural Gas/Compressed Natural Gas
Others
Global Alternative Fuel Vehicle (AFV) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Alternative Fuel Vehicle (AFV) Market Segment Percentages, by Application, 2022 (%)
Home Use
Commercial Use
Global Alternative Fuel Vehicle (AFV) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Alternative Fuel Vehicle (AFV) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Alternative Fuel Vehicle (AFV) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Alternative Fuel Vehicle (AFV) revenues share in global market, 2022 (%)
Key companies Alternative Fuel Vehicle (AFV) sales in global market, 2018-2023 (Estimated), (Units)
Key companies Alternative Fuel Vehicle (AFV) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Alternative Fuel Vehicle (AFV), market overview.
Chapter 2: Global Alternative Fuel Vehicle (AFV) market size in revenue and volume.
Chapter 3: Detailed analysis of Alternative Fuel Vehicle (AFV) manufacturers competitive landscape, price, sales and 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: Sales of Alternative Fuel Vehicle (AFV) in regional level and country level. 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 of each country in the world.
Chapter 7: 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 8: Global Alternative Fuel Vehicle (AFV) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
