Global Air Powered Vehicle Markets, Competition Forecast & Opportunities, 2017-2022 & 2023-2027 - ResearchAndMarkets.com
The "Global Air Powered Vehicle Market, By Product Type By Vehicle Type By Application By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering
DUBLIN--(BUSINESS WIRE)--Nov 18, 2022--
The "Global Air Powered Vehicle Market, By Product Type By Vehicle Type By Application By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
The global air powered vehicle market is projected to grow at a formidable rate during the forecast period, 2023-2027.
Factors such as rising concerns regarding the negative effects of carbon emission on the environment and depleting conventional energy sources are driving the demand for clean and sustainable energy for vehicles.
Stringent emission norms set by leading authorities of several countries and the growing availability of income tax rebates and subsidies on alternate fuel vehicles are some other prominent factors expected to bolster the market demand in the coming years.
Also, the advantages offered by air powered vehicles, including the improved service life, high energy density, and lox toxicity of compressed air, further drives the market growth.
The single energy mode segment is expected to hold the largest market share in the forecast period, 2023-2027. Single energy source air powered vehicles only use compressed air as the main and only power source. With the growing demand for emission-free vehicles, the demand for single energy mode vehicles is expected to rise in the forecast period.
Objective of the Study:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global air powered vehicle market.
Report Scope:
Global Air Powered Vehicle Market, By Product Type:
Global Air Powered Vehicle Market, By Vehicle Type:
Global Air Powered Vehicle Market, By Application:
Global Air Powered Vehicle Market, By Region:
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KEYWORD:
INDUSTRY KEYWORD: AIR TRANSPORT AEROSPACE MANUFACTURING TRANSPORTATION TRAVEL
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/18/2022 10:19 AM/DISC: 11/18/2022 10:19 AM
http://www.businesswire.com/news/home/20221118005389/en
