Press release
Global Light Electric Vehicle Market Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019
Light weight electric vehicle are usually two or three wheelers, weighing less than 100 kilograms and energy storage device such as fuel cell or battery. They also use light weight metals for their construction. Earlier, weight of electric vehicles increased considerably by usage of traditional heavy batteries. This makes light weight electric vehicle an inevitable option. Light weight electric balances weight and improve the endurance of batteries for automobiles. Electric vehicle provide smooth operations, stronger acceleration and require less maintenance. Light weight electric vehicles have gathered renewed interest due to concerns about future availability and price of fossil fuels, increasing green house gas emissions and air pollution. Electric vehicles are represented as zero-emission vehicles, thus help to prevent environmental pollution.
Some of the key driving factors of this market are increased environmental concerns, performance benefits, and reduced energy dependence. Most important advantage of light electric vehicle is that rechargeable batteries recycle well, thereby eliminating the disposal problem. Thus, light weight electric vehicle market is expected to compete with petroleum powered vehicles over the forecast period. However, fully discharged vehicle would require a long time to get charged completely, so it will be out of service for a long time. This limitation is expected to hinder the growth of light electric vehicle market.
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Rapid industrialization and increasing fuel price concerns in developing economies of Asia Pacific are expected to drive the light weight electric vehicle market over the forecast period. Mature markets of U.S. and Europe continue to be key markets for light electric vehicle industry.
Some of the key players in this industry are Tesla, CODA, Fisker Karma, Nissan Leaf, Chevy Volt, Smart 4-2 EV, PSA Peugeot Citroën, Opel, Mini E, Prius EV, Mitsubishi iMiEV, and Focus EV among others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a technological growth map over time to understand the industry growth rate
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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