NEW YORK, July 2, 2015 /PRNewswire/ -- The global light
duty vehicle (LDV) market is changing rapidly on behalf of
government-led initiatives to improve fuel economy and market
demand for alternative transportation options and alternative fuel
vehicles (AFVs). These changes are being driven primarily by the
adoption of vehicles with various levels of drivetrain
electrification and vehicles that run on alternative fuels
entirely.
The adoption of light duty (LD) AFVs and fuel-efficient
technologies varies significantly from region to region due to fuel
costs and refueling infrastructure availability, as well as
government support. The increased adoption of drivetrain
electrification and alternative fuels are expected to have
considerable impacts on the markets for LDVs, fuel infrastructure
development, and energy demand. Utilities will be particularly
affected by increased interest in plug-in electric vehicles (PEVs)
and natural gas vehicles (NGVs). Meanwhile, the development of new
transportation business models for LDVs such as carsharing programs
alongside increased urbanization is likely to put downward pressure
on vehicle sales in the long term. According to Navigant Research,
global annual LDV sales are expected to grow from 88.8 million
vehicles in 2015 to 122.6 million in 2035.
This Navigant Research report analyzes the global LDV market in
eight segments: stop-start vehicles (SSVs), hybrid electric
vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), battery
electric vehicles (BEVs), NGVs, fuel cell vehicles (FCVs), propane
autogas vehicles (PAGVs) and conventional internal combustion
engine (ICE) vehicles. Since SSV, HEV, PHEV, and ICE vehicle
segmentations are either solely or partially fueled by blends of
gasoline or diesel, forecasts of these segments are broken out by
fuel (as well as by region). Global market forecasts for sales and
the number of vehicles in use, segmented by country, drivetrain,
and primary fuel, extend through 2035.
Key Questions Addressed:
How is the global light duty vehicle (LDV) market changing due to
alternative fuel technologies?
What are the fastest-growing regional markets for vehicles with
electrified internal combustion engines (ICEs)?
What impacts will natural gas and plug-in electric vehicles have on
the energy industry?
What will the global LDV fleet look like in 2035?
How and where will diesel vehicles be incorporated into ICE
electrification?
Who needs this report?
Automotive OEMs
Electric vehicle supply equipment (EVSE) providers and
manufacturers
Oil & gas companies
Natural gas and hydrogen infrastructure developers
Battery suppliers
Utilities
Government agencies
Investor community
Read the full report:
http://www.reportlinker.com/p03073151-summary/view-report.html
About Reportlinker
ReportLinker is an award-winning market research solution that
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visit:http://www.prnewswire.com/news-releases/transportation-forecast-light-duty-vehicles-light-duty-stop-start-hybrid-electric-plug-in-hybrid-electric-battery-electric-natural-gas-fuel-cell-propane-autogas-and-conventional-vehicles-global-market-forecasts-2015-203-300108446.html
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