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Global Alternative Fuel Vehicles (AFV) Market Research Report 2024
Synopsis
An alternative fuel vehicle (AFV) is a vehicle that runs on substances other than the conventional petroleum gas and diesel.
The global Alternative Fuel Vehicles (AFV) market was valued at US$ 168080 million in 2023 and is anticipated to reach US$ 461520 million by 2030, witnessing a CAGR of 15.2% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Alternative Fuel Vehicles (AFV), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Alternative Fuel Vehicles (AFV).
Report Scope
The Alternative Fuel Vehicles (AFV) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Alternative Fuel Vehicles (AFV) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Alternative Fuel Vehicles (AFV) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BYD
Daimler
Ford Motor
Honda Motor
Hyundai Motor
Jaguar Land Rover
Mitsubishi Motors
Nissan Motor
Shell International
Toyota Motor
Segment by Type
Electric Vehicles
Other Fuels
Segment by Application
Transportation
Chemical
Agricultural
Industrial
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Alternative Fuel Vehicles (AFV) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Alternative Fuel Vehicles (AFV) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Alternative Fuel Vehicles (AFV) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
An alternative fuel vehicle (AFV) is a vehicle that runs on substances other than the conventional petroleum gas and diesel.
The global Alternative Fuel Vehicles (AFV) market was valued at US$ 168080 million in 2023 and is anticipated to reach US$ 461520 million by 2030, witnessing a CAGR of 15.2% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Alternative Fuel Vehicles (AFV), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Alternative Fuel Vehicles (AFV).
Report Scope
The Alternative Fuel Vehicles (AFV) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Alternative Fuel Vehicles (AFV) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Alternative Fuel Vehicles (AFV) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BYD
Daimler
Ford Motor
Honda Motor
Hyundai Motor
Jaguar Land Rover
Mitsubishi Motors
Nissan Motor
Shell International
Toyota Motor
Segment by Type
Electric Vehicles
Other Fuels
Segment by Application
Transportation
Chemical
Agricultural
Industrial
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Alternative Fuel Vehicles (AFV) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Alternative Fuel Vehicles (AFV) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Alternative Fuel Vehicles (AFV) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Alternative Fuel Vehicles (AFV) Market Overview
1.1 Product Definition
1.2 Alternative Fuel Vehicles (AFV) Segment by Type
1.2.1 Global Alternative Fuel Vehicles (AFV) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Electric Vehicles
1.2.3 Other Fuels
1.3 Alternative Fuel Vehicles (AFV) Segment by Application
1.3.1 Global Alternative Fuel Vehicles (AFV) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Transportation
1.3.3 Chemical
1.3.4 Agricultural
1.3.5 Industrial
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Alternative Fuel Vehicles (AFV) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Alternative Fuel Vehicles (AFV) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Alternative Fuel Vehicles (AFV) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Alternative Fuel Vehicles (AFV) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Alternative Fuel Vehicles (AFV) Production Market Share by Manufacturers (2019-2024)
2.2 Global Alternative Fuel Vehicles (AFV) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Alternative Fuel Vehicles (AFV), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Alternative Fuel Vehicles (AFV) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Alternative Fuel Vehicles (AFV) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Alternative Fuel Vehicles (AFV), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Alternative Fuel Vehicles (AFV), Product Offered and Application
2.8 Global Key Manufacturers of Alternative Fuel Vehicles (AFV), Date of Enter into This Industry
2.9 Alternative Fuel Vehicles (AFV) Market Competitive Situation and Trends
2.9.1 Alternative Fuel Vehicles (AFV) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Alternative Fuel Vehicles (AFV) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Alternative Fuel Vehicles (AFV) Production by Region
3.1 Global Alternative Fuel Vehicles (AFV) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Alternative Fuel Vehicles (AFV) Production Value by Region (2019-2030)
3.2.1 Global Alternative Fuel Vehicles (AFV) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Alternative Fuel Vehicles (AFV) by Region (2025-2030)
3.3 Global Alternative Fuel Vehicles (AFV) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Alternative Fuel Vehicles (AFV) Production by Region (2019-2030)
3.4.1 Global Alternative Fuel Vehicles (AFV) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Alternative Fuel Vehicles (AFV) by Region (2025-2030)
3.5 Global Alternative Fuel Vehicles (AFV) Market Price Analysis by Region (2019-2024)
3.6 Global Alternative Fuel Vehicles (AFV) Production and Value, Year-over-Year Growth
3.6.1 North America Alternative Fuel Vehicles (AFV) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Alternative Fuel Vehicles (AFV) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Alternative Fuel Vehicles (AFV) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Alternative Fuel Vehicles (AFV) Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Alternative Fuel Vehicles (AFV) Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Alternative Fuel Vehicles (AFV) Production Value Estimates and Forecasts (2019-2030)
4 Alternative Fuel Vehicles (AFV) Consumption by Region
4.1 Global Alternative Fuel Vehicles (AFV) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Alternative Fuel Vehicles (AFV) Consumption by Region (2019-2030)
4.2.1 Global Alternative Fuel Vehicles (AFV) Consumption by Region (2019-2024)
4.2.2 Global Alternative Fuel Vehicles (AFV) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Alternative Fuel Vehicles (AFV) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Alternative Fuel Vehicles (AFV) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Alternative Fuel Vehicles (AFV) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Alternative Fuel Vehicles (AFV) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Alternative Fuel Vehicles (AFV) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Alternative Fuel Vehicles (AFV) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Alternative Fuel Vehicles (AFV) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Alternative Fuel Vehicles (AFV) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Alternative Fuel Vehicles (AFV) Production by Type (2019-2030)
5.1.1 Global Alternative Fuel Vehicles (AFV) Production by Type (2019-2024)
5.1.2 Global Alternative Fuel Vehicles (AFV) Production by Type (2025-2030)
5.1.3 Global Alternative Fuel Vehicles (AFV) Production Market Share by Type (2019-2030)
5.2 Global Alternative Fuel Vehicles (AFV) Production Value by Type (2019-2030)
5.2.1 Global Alternative Fuel Vehicles (AFV) Production Value by Type (2019-2024)
5.2.2 Global Alternative Fuel Vehicles (AFV) Production Value by Type (2025-2030)
5.2.3 Global Alternative Fuel Vehicles (AFV) Production Value Market Share by Type (2019-2030)
5.3 Global Alternative Fuel Vehicles (AFV) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Alternative Fuel Vehicles (AFV) Production by Application (2019-2030)
6.1.1 Global Alternative Fuel Vehicles (AFV) Production by Application (2019-2024)
6.1.2 Global Alternative Fuel Vehicles (AFV) Production by Application (2025-2030)
6.1.3 Global Alternative Fuel Vehicles (AFV) Production Market Share by Application (2019-2030)
6.2 Global Alternative Fuel Vehicles (AFV) Production Value by Application (2019-2030)
6.2.1 Global Alternative Fuel Vehicles (AFV) Production Value by Application (2019-2024)
6.2.2 Global Alternative Fuel Vehicles (AFV) Production Value by Application (2025-2030)
6.2.3 Global Alternative Fuel Vehicles (AFV) Production Value Market Share by Application (2019-2030)
6.3 Global Alternative Fuel Vehicles (AFV) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 BYD
7.1.1 BYD Alternative Fuel Vehicles (AFV) Corporation Information
7.1.2 BYD Alternative Fuel Vehicles (AFV) Product Portfolio
7.1.3 BYD Alternative Fuel Vehicles (AFV) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 BYD Main Business and Markets Served
7.1.5 BYD Recent Developments/Updates
7.2 Daimler
7.2.1 Daimler Alternative Fuel Vehicles (AFV) Corporation Information
7.2.2 Daimler Alternative Fuel Vehicles (AFV) Product Portfolio
7.2.3 Daimler Alternative Fuel Vehicles (AFV) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Daimler Main Business and Markets Served
7.2.5 Daimler Recent Developments/Updates
7.3 Ford Motor
7.3.1 Ford Motor Alternative Fuel Vehicles (AFV) Corporation Information
7.3.2 Ford Motor Alternative Fuel Vehicles (AFV) Product Portfolio
7.3.3 Ford Motor Alternative Fuel Vehicles (AFV) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Ford Motor Main Business and Markets Served
7.3.5 Ford Motor Recent Developments/Updates
7.4 Honda Motor
7.4.1 Honda Motor Alternative Fuel Vehicles (AFV) Corporation Information
7.4.2 Honda Motor Alternative Fuel Vehicles (AFV) Product Portfolio
7.4.3 Honda Motor Alternative Fuel Vehicles (AFV) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Honda Motor Main Business and Markets Served
7.4.5 Honda Motor Recent Developments/Updates
7.5 Hyundai Motor
7.5.1 Hyundai Motor Alternative Fuel Vehicles (AFV) Corporation Information
7.5.2 Hyundai Motor Alternative Fuel Vehicles (AFV) Product Portfolio
7.5.3 Hyundai Motor Alternative Fuel Vehicles (AFV) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Hyundai Motor Main Business and Markets Served
7.5.5 Hyundai Motor Recent Developments/Updates
7.6 Jaguar Land Rover
7.6.1 Jaguar Land Rover Alternative Fuel Vehicles (AFV) Corporation Information
7.6.2 Jaguar Land Rover Alternative Fuel Vehicles (AFV) Product Portfolio
7.6.3 Jaguar Land Rover Alternative Fuel Vehicles (AFV) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Jaguar Land Rover Main Business and Markets Served
7.6.5 Jaguar Land Rover Recent Developments/Updates
7.7 Mitsubishi Motors
7.7.1 Mitsubishi Motors Alternative Fuel Vehicles (AFV) Corporation Information
7.7.2 Mitsubishi Motors Alternative Fuel Vehicles (AFV) Product Portfolio
7.7.3 Mitsubishi Motors Alternative Fuel Vehicles (AFV) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Mitsubishi Motors Main Business and Markets Served
7.7.5 Mitsubishi Motors Recent Developments/Updates
7.8 Nissan Motor
7.8.1 Nissan Motor Alternative Fuel Vehicles (AFV) Corporation Information
7.8.2 Nissan Motor Alternative Fuel Vehicles (AFV) Product Portfolio
7.8.3 Nissan Motor Alternative Fuel Vehicles (AFV) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Nissan Motor Main Business and Markets Served
7.7.5 Nissan Motor Recent Developments/Updates
7.9 Shell International
7.9.1 Shell International Alternative Fuel Vehicles (AFV) Corporation Information
7.9.2 Shell International Alternative Fuel Vehicles (AFV) Product Portfolio
7.9.3 Shell International Alternative Fuel Vehicles (AFV) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shell International Main Business and Markets Served
7.9.5 Shell International Recent Developments/Updates
7.10 Toyota Motor
7.10.1 Toyota Motor Alternative Fuel Vehicles (AFV) Corporation Information
7.10.2 Toyota Motor Alternative Fuel Vehicles (AFV) Product Portfolio
7.10.3 Toyota Motor Alternative Fuel Vehicles (AFV) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Toyota Motor Main Business and Markets Served
7.10.5 Toyota Motor Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Alternative Fuel Vehicles (AFV) Industry Chain Analysis
8.2 Alternative Fuel Vehicles (AFV) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Alternative Fuel Vehicles (AFV) Production Mode & Process
8.4 Alternative Fuel Vehicles (AFV) Sales and Marketing
8.4.1 Alternative Fuel Vehicles (AFV) Sales Channels
8.4.2 Alternative Fuel Vehicles (AFV) Distributors
8.5 Alternative Fuel Vehicles (AFV) Customers
9 Alternative Fuel Vehicles (AFV) Market Dynamics
9.1 Alternative Fuel Vehicles (AFV) Industry Trends
9.2 Alternative Fuel Vehicles (AFV) Market Drivers
9.3 Alternative Fuel Vehicles (AFV) Market Challenges
9.4 Alternative Fuel Vehicles (AFV) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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