Market Research Reports, Inc. has announced the addition of “Low Emission Vehicle Market in the US 2015-2019” research report to their website http://www.MarketResearchReports.com
Lewes, DE -- (SBWIRE) -- 09/10/2015 -- Report forecast the low emission vehicles market in the US to grow at a CAGR of 5.13% during 2014-2019.
The low emission vehicles market in the US is gaining importance with the implementation of stricter emission standards and OEMs' growing product portfolio of such vehicles. The EPA in the US has developed a guide for consumers to create more awareness about green or low emission vehicles and their advantages.
Several options of low emission cars such as flexi fuel vehicles, plug-in hybrids, CNG vehicles, and electric vehicles that run on alternate fuels are available for US consumers. More than 10,000 fuel stations that provide alternate fuels are spread across the country, and this number is increasing to cater to the growing demand from the US consumers.
Low Emission Vehicles Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, the transportation sector utilizes two-thirds of the oil consumed in the US, of which 93% is petroleum based. Thus, to reduce the use of conventional fuels, many states in the US are encouraging the use of alternate fuels such as electricity, natural gas, biofuels, and hydrogen. They also provide incentives to users of vehicles that run on alternative fuels, especially EV users, to promote the adoption of such vehicles among consumers.
Key players in the Low Emission Vehicle Market in the US: BMW, Ford Motors, General Motors, Honda Motors, Toyota Motors and Volkswagen
Other Prominent Vendors in the market are: BYD Auto, Nissan Motors and Tesla Motors
Market driver
- Growing focus on environmental issues
- For a full, detailed list, view our report
Market challenge
- Customers' perception of EVs
- For a full, detailed list, view our report
Market trend
- Improving infrastructure for alternate vehicles
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 66 pages "Low Emission Vehicle Market in the US 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market landscape, Market segmentation by Vehicle Type, Market segmentation by technology, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
For further information on this report, please visit-
http://www.marketresearchreports.com/technavio/low-emission-vehicle-market-us-2015-2019
Other report:
1st - Global Unmanned Underwater Vehicles Market 2015-2019 - visit at:
http://www.marketresearchreports.com/technavio/global-unmanned-underwater-vehicles-market-2015-2019
2nd - Global Substation Automation Market 2015-2019 - visit at:
http://www.marketresearchreports.com/technavio/global-substation-automation-market-2015-2019
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