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Low Emission Vehicle Market in the US 2015-2019

About low emission vehicles market in the US

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.

Technavio's analysts forecast the low emission vehicles market in the US to grow at a CAGR of 5.13% during 2014-2019.

Covered in this report

Technavio's report, 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.

Key vendors

  • BMW
  • Ford Motors
  • General Motors
  • Honda Motors
  • Toyota Motors
  • Volkswagen
Other prominent vendors
  • BYD Auto
  • Nissan Motors
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Low Emission Vehicle Market in the US 2015-2019
Technavio recognizes the following companies as the 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
Commenting on the report, an analyst from Technavio’s team said: “The US is one of the largest oil importers in the world. About one-third of the oil consumed in the country is imported and costs $192 billion annually. The increased domestic oil production capacity from shale formations and improved and stringent corporate average fuel economy standards have assisted the country in reducing its dependency on oil imports. The growing demand for EVs offers the country an excellent opportunity to reduce its oil consumption; it also helps consumers reduce their fuel costs. Powering an EV is cheaper compared to fueling conventional vehicles. It costs about two to three cents to drive one mile in an EV compared to 15 cents in conventional vehicles. The use of EVs will also help the US save 9.08 million barrels of crude oil per day and 0.778 million barrels of refined petroleum products per day. Also, it will help save approximately $1 billion daily on refined petroleum imports.”
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.
Further, the report states that customers prefer conventional vehicles because of the limitations associated with the use of EVs.

Companies Mentioned

BMW, Ford Motors, General Motors, Honda Motors, Toyota Motors, Volkswagen, BYD Auto, Nissan Motors, Tesla Motors

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • FFVs
    • CNG vehicles
    • EV
      • Table Classification of EVs
    • PHEVs
  • Market landscape
    • Market overview
      • Table Low emission vehicle classification
    • Market size and forecast
      • Table Low emission vehicle market in the US (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by Vehicle Type
    • Table Market segmentation by vehicle ty
    • Low emission vehicle market in the US
      • Table Segmentation of low emission vehicle market in the US by vehicle type 2014-2019
    • Low emission vehicle market in the US for passenger cars
      • Table Low emission vehicle market in the US for passenger cars 2014-2019 (millions of units)
    • Low emission vehicle market for light trucks
      • Table Low emission vehicle market for light trucks 2014-2019 (millions of units)
  • Market segmentation by technology
    • Low emission vehicle market in the US by technology
      • Table Segmentation of low emission vehicle market in the US by technology 2014-2019
    • FFVs market in the US
      • Table FFVs market in the US 2014-2019 (millions of units)
    • PHEVs market in the US
      • Table PHEVs market in the US 2014-2019 (millions of units)
    • CNG vehicles market in the US
      • Table CNG vehicles market in the US 2014-2019 (millions of units)
    • EVs market in the US
      • Table EVs market in the US 2014-2019 (millions of units)
  • Market drivers
    • Table Well-to-wheel greenhouse gas emission comparison for a 100-mile trip
    • Table Petroleum prices in the US 2008-2014 ($ per barrel)
    • Table Petroleum production and consumption comparison in the US 2008-2013 (million bpd)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Factors limiting the use of EVs
    • Table Comparison of average ownership cost of Nissan Leaf and Chevrolet Volt in the US
    • Table Comparison of battery cost in EVs
    • Table Time taken to charge an EV
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table EV charging infrastructure levels
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • BMW
    • Ford Motors
    • GM
    • Honda Motors
    • Toyota
    • Volkswagen
  • Appendix
    • List of abbreviation
  • Explore Technavio

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