Automotive Alternative Propulsion Market

Automotive Alternative Propulsion consists of the available possible alternative sources that can be incorporated as the source of energy in the propulsion systems of the vehicles. The objective of employing the alternative resources of gasoline is to reduce or diminish the hazardous gases that emit from the traditional gasoline-powered vehicles.
Automotive Alternative Propulsion Market contains market size and forecasts of Automotive Alternative Propulsion in global, including the following market information:
Global Automotive Alternative Propulsion Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Alternative Propulsion Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Alternative Propulsion companies in 2021 (%)
The global Automotive Alternative Propulsion market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
By Propulsion Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Alternative Propulsion include General Motors Company, Robert Bosch GmbH, Toyota Motor Corporation, Mitsubishi Motors Corporation, Continental AG, Volkswagen Group, Tata Motors Limited, Hyundai and Aisin Seiki Co., Ltd, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Alternative Propulsion 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 Automotive Alternative Propulsion Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Alternative Propulsion Market Segment Percentages, by Type, 2021 (%)
By Propulsion Type
FCEV
HEV
EV
By Component
Power Generation System
Energy Storage System
Others
Global Automotive Alternative Propulsion Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Alternative Propulsion Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Alternative Propulsion Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Alternative Propulsion Market Segment Percentages, By Region and Country, 2021 (%)
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 Automotive Alternative Propulsion revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Alternative Propulsion revenues share in global market, 2021 (%)
Key companies Automotive Alternative Propulsion sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Alternative Propulsion sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Motors Company
Robert Bosch GmbH
Toyota Motor Corporation
Mitsubishi Motors Corporation
Continental AG
Volkswagen Group
Tata Motors Limited
Hyundai
Aisin Seiki Co., Ltd
Tesla, Inc
ZF Friedrichshafen AG