Alternative Fuel Vehicle Market Research Report by Fuel Type (Gaseous Fuel (LPG, CNG), Pure Electric, and Bio-diesel), by Vehicle Type (Commercial Vehicle, Passenger Cars, and Two-wheeler), by State (California, Florida, and Illinois) - United States Fore

Alternative Fuel Vehicle Market Research Report by Fuel Type (Gaseous Fuel (LPG, CNG), Pure Electric, and Bio-diesel), by Vehicle Type (Commercial Vehicle, Passenger Cars, and Two-wheeler), by State (California, Florida, and Illinois) - United States Forecast to 2026 - Cumulative Impact of COVID-19

The United States Alternative Fuel Vehicle Market size was estimated at USD 48.47 billion in 2020 and expected to reach USD 55.40 billion in 2021, at a CAGR 11.50% to reach USD 93.18 billion by 2026.

Market Statistics:

The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.


Market Segmentation & Coverage:

This research report categorizes the Alternative Fuel Vehicle to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Fuel Type, the market was studied across Gaseous Fuel (LPG, CNG), Pure Electric, Bio-diesel, Biofuel, Dimethyl Ether, Fuel Cell, and Liquid Nitrogen.

Based on Vehicle Type, the market was studied across Commercial Vehicle, Passenger Cars, and Two-wheeler.

Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Alternative Fuel Vehicle Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Alternative Fuel Vehicle Market, including AUDI AG, BMW Group, Ford Motor Company, General Motors, Honda Motor Co., Ltd., Nissan Motor Corporation, Tata Motors, Tesla Motors, Toyota Motor Corporation, and Volkswagen AG.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the United States Alternative Fuel Vehicle Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Alternative Fuel Vehicle Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Alternative Fuel Vehicle Market?
4. What is the competitive strategic window for opportunities in the United States Alternative Fuel Vehicle Market?
5. What are the technology trends and regulatory frameworks in the United States Alternative Fuel Vehicle Market?
6. What is the market share of the leading vendors in the United States Alternative Fuel Vehicle Market?
7. What modes and strategic moves are considered suitable for entering the United States Alternative Fuel Vehicle Market?


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
3.1. Introduction
4. Market Overview
4.1. Introduction
4.2. Cumulative Impact of COVID-19
5. Market Dynamics
5.1. Introduction
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. Alternative Fuel Vehicle Market, by Fuel Type
6.1. Introduction
6.2. Gaseous Fuel (LPG, CNG)
6.3. Pure Electric
6.4. Bio-diesel
6.5. Biofuel
6.6. Dimethyl Ether
6.7. Fuel Cell
6.8. Liquid Nitrogen
7. Alternative Fuel Vehicle Market, by Vehicle Type
7.1. Introduction
7.2. Commercial Vehicle
7.3. Passenger Cars
7.4. Two-wheeler
8. California Alternative Fuel Vehicle Market
9. Florida Alternative Fuel Vehicle Market
10. Illinois Alternative Fuel Vehicle Market
11. New York Alternative Fuel Vehicle Market
12. Ohio Alternative Fuel Vehicle Market
13. Pennsylvania Alternative Fuel Vehicle Market
14. Texas Alternative Fuel Vehicle Market
15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.1.1. Quadrants
15.1.2. Business Strategy
15.1.3. Product Satisfaction
15.2. Market Ranking Analysis
15.3. Market Share Analysis, By Key Player
15.4. Competitive Scenario
15.4.1. Merger & Acquisition
15.4.2. Agreement, Collaboration, & Partnership
15.4.3. New Product Launch & Enhancement
15.4.4. Investment & Funding
15.4.5. Award, Recognition, & Expansion
16. Company Usability Profiles
16.1. AUDI AG
16.2. BMW Group
16.3. Ford Motor Company
16.4. General Motors
16.5. Honda Motor Co., Ltd.
16.6. Nissan Motor Corporation
16.7. Tata Motors
16.8. Tesla Motors
16.9. Toyota Motor Corporation
16.10. Volkswagen AG
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing
List of Figures
FIGURE 1. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, 2020 VS 2026 (USD BILLION)
FIGURE 2. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 3. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: MARKET DYNAMICS
FIGURE 4. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY FUEL TYPE, 2020 VS 2026 (%)
FIGURE 5. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY FUEL TYPE, 2020 VS 2026 (USD BILLION)
FIGURE 6. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY FUEL TYPE, 2026
FIGURE 7. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY GASEOUS FUEL (LPG, CNG), 2018-2026 (USD BILLION)
FIGURE 8. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY GASEOUS FUEL (LPG, CNG), BY STATE, 2020 VS 2026 (USD BILLION)
FIGURE 9. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY PURE ELECTRIC, 2018-2026 (USD BILLION)
FIGURE 10. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY PURE ELECTRIC, BY STATE, 2020 VS 2026 (USD BILLION)
FIGURE 11. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY BIO-DIESEL, 2018-2026 (USD BILLION)
FIGURE 12. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY BIO-DIESEL, BY STATE, 2020 VS 2026 (USD BILLION)
FIGURE 13. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY BIOFUEL, 2018-2026 (USD BILLION)
FIGURE 14. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY BIOFUEL, BY STATE, 2020 VS 2026 (USD BILLION)
FIGURE 15. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY DIMETHYL ETHER, 2018-2026 (USD BILLION)
FIGURE 16. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY DIMETHYL ETHER, BY STATE, 2020 VS 2026 (USD BILLION)
FIGURE 17. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY FUEL CELL, 2018-2026 (USD BILLION)
FIGURE 18. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY FUEL CELL, BY STATE, 2020 VS 2026 (USD BILLION)
FIGURE 19. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY LIQUID NITROGEN, 2018-2026 (USD BILLION)
FIGURE 20. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY LIQUID NITROGEN, BY STATE, 2020 VS 2026 (USD BILLION)
FIGURE 21. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY VEHICLE TYPE, 2020 VS 2026 (%)
FIGURE 22. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY VEHICLE TYPE, 2020 VS 2026 (USD BILLION)
FIGURE 23. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY VEHICLE TYPE, 2026
FIGURE 24. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY COMMERCIAL VEHICLE, 2018-2026 (USD BILLION)
FIGURE 25. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY COMMERCIAL VEHICLE, BY STATE, 2020 VS 2026 (USD BILLION)
FIGURE 26. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY PASSENGER CARS, 2018-2026 (USD BILLION)
FIGURE 27. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY PASSENGER CARS, BY STATE, 2020 VS 2026 (USD BILLION)
FIGURE 28. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY TWO-WHEELER, 2018-2026 (USD BILLION)
FIGURE 29. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY TWO-WHEELER, BY STATE, 2020 VS 2026 (USD BILLION)
FIGURE 30. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: FPNV POSITIONING MATRIX
FIGURE 31. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: SHARE, BY KEY PLAYER, 2020
FIGURE 32. COMPETITIVE SCENARIO ANALYSIS IN UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET, BY TYPE
List of Tables
TABLE 1. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2016–2020
TABLE 3. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 4. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY FUEL TYPE, 2018-2026 (USD BILLION)
TABLE 5. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY GASEOUS FUEL (LPG, CNG), BY STATE, 2018-2026 (USD BILLION)
TABLE 6. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY PURE ELECTRIC, BY STATE, 2018-2026 (USD BILLION)
TABLE 7. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY BIO-DIESEL, BY STATE, 2018-2026 (USD BILLION)
TABLE 8. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY BIOFUEL, BY STATE, 2018-2026 (USD BILLION)
TABLE 9. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY DIMETHYL ETHER, BY STATE, 2018-2026 (USD BILLION)
TABLE 10. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY FUEL CELL, BY STATE, 2018-2026 (USD BILLION)
TABLE 11. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY LIQUID NITROGEN, BY STATE, 2018-2026 (USD BILLION)
TABLE 12. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY VEHICLE TYPE, 2018-2026 (USD BILLION)
TABLE 13. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY COMMERCIAL VEHICLE, BY STATE, 2018-2026 (USD BILLION)
TABLE 14. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY PASSENGER CARS, BY STATE, 2018-2026 (USD BILLION)
TABLE 15. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET SIZE, BY TWO-WHEELER, BY STATE, 2018-2026 (USD BILLION)
TABLE 16. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: SCORES
TABLE 17. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: BUSINESS STRATEGY
TABLE 18. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: PRODUCT SATISFACTION
TABLE 19. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: RANKING
TABLE 20. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: SHARE, BY KEY PLAYER, 2020
TABLE 21. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: MERGER & ACQUISITION
TABLE 22. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 23. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 24. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: INVESTMENT & FUNDING
TABLE 25. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: AWARD, RECOGNITION, & EXPANSION
TABLE 26. UNITED STATES ALTERNATIVE FUEL VEHICLE MARKET: LICENSE & PRICING

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